SGB Update

SIA Ads XC Ski Element to Winter Trails Program

The opportunity for consumers to experience cross country skiing will be added to the 2005 Winter Trails program organized by SIA and the American Hiking Society. Historically a snowshoe event, Winter Trails celebrates its tenth anniversary next year. Sin

Nike Renews Native American Basketball Invitational Sponsorship

Although the NBA Finals may have concluded, basketball fans from across the United States will have another opportunity for a unique, compelling basketball experience this summer. Nike today announced that it was joining the Phoenix Suns/Phoenix Mercury a

Hibbett Lowers Q2 Guidance on Weaker Licensed and Fitness Sales

Hibbett Sporting Goods has revised its sales and earnings expectations for the second fiscal quarter, 2004. HIBB now expects to report a comparable store sales increase of 2% to 3% for the second quarter and earnings per share in the range of 13 cents to

Atomic Prez Sheds More Light on SBU…

Shortly after publication last week, BOSS managed to catch up with Atomic president Jack Baltz, who shed some light on his decision to launch a Small Business Unit covering the Mid-Atlantic and New York territories. Baltz said that the New York/New Jersey

SEW Goes One-on-One with Tom Cove

Tom Cove was recently appointed EVP of SGMA International and will become SGMA’s President and CEO February 1, 2005. From 1991 to 2004, Mr. Cove served as VP of Government and International Affairs for SGMA.
Mr. Cove spearheaded the soccer industry’s

Rebel Sports Reports Solid YTD

New Zealand’s Rebel Sports is reporting that it’s 2003-04 fiscal year sales were up 10.3% to NZ$305.4 million ($192.0 million). Results included the recently acquired ‘Glue’ lifestyle stores. Comparable store sales for the chain, including Glue, increased

Uvex Sports Appoints Sadis as Intermountain Rep.

Uvex Sports, the distributors of Holmenkol, Sportna Oprema, & Uvex products has appointed Jeff Sadis to the position of Intermountain Region Sales & Racing Services Representative…

Sugoi Ads ‘.com’ to its Web Presence

For a company that described itself as “progressive with highly developed web presence,” it has taken until 2004 for Sugoi to officially enter the .com era. That's because the last 8 years have been spent with a web home of www.sugoi.ca as a couple

Physical Fitness Tops When it Comes to Participation…

Based on data outlined in the recently released Sports Participation in America report from SGMA International, America’s seniors are focusing on health and wellness more, pushing participation in low or non-impact fitness activities higher, while the you

Russell Acquires Huffy Sports Company

Russell has purchased the assets of Huffy Sports Company, a division of Huffy Corp., for $30 million in cash, subject to working capital and other adjustments. Under the terms of the agreement, Russell will also assume certain operating liabilities. Huffy

Oakley Warns on Soft Q2; Shares Sink…

Oakley has lowered its earnings and sales guidance for the 2004 fiscal year to reflect what the company is describing as softer than expected sales in the second quarter and production shortfalls that resulted in decreased inventory turns. The company pr

Phoenix Completes Altama Acquisition

Phoenix Footwear Group has completed the acquisition of Altama Delta Corporation. Altama generated revenues of $40 million for the 12 months ended April 3, 2004. The Company expects that the acquisition will be accretive to earnings per share. The Company

Russell Boosts Q2 Guidance; Now Has (Tiny) Slice of K2 Inc…

Russell Corporation is benefiting from K2 Inc.’s acquisition of Marmot Mountain last and will realize a gain of approximately 8.5 cents per share in the second quarter for their interest in Marmot. K2 told SEW last month (SEW_0425) that the deal included

Cascade Designs Taps Davis to Run Military Sales

Cascade Designs has hired Tim Davis as director of government sales for the company’s military affairs division. In his new role, Davis will be responsible for maximizing the sales of new and existing products to military and homeland security markets. P