SGB Update

While offline retail sales continue to struggle, online retail will grow at a steady 19% year-over-year growth rate, from $95.7 billion in 2003 to $229.9 billion in 2008, according to a new report from Forrester Research, Inc. Most significant, Forrester

Escalade, Incorporated net sales in the second quarter increased 55% to $49.8 million and for the first half increased 59% to $78.9 million when compared the the same periods last year. Sporting goods sales increased 13% to $26.4 million due mainly to the

ICON Health & Fitness announced that this morning, the Federal Circuit Court of Appeals in Washington, D.C. stayed the injunction issued by the U.S. District Court in Seattle. The injunction, which would have prevented ICON from using the mark “CrossBow

adidas has signed six-time NBA All-Star Kevin Garnett of the Minnesota Timberwolves to a lifetime endorsement deal. Along with the reigning two-time MVP, Tim Duncan, and the reigning NBA scoring champion, Tracy McGrady, Garnett gives adidas three of the f

Russell Corporation beat street earnings expectations for the seventh straight quarter last week, posting net income of $4.7 million, or 20 cents per share, compared to a loss of $6.1 million, or 19 cents per share in the year-ago quarter. Excluding char

The latest deal to snag Worth Inc., which expands the K2 stable to 16 brands, is a strong complement to the April purchase of Rawlings. Worth should benefit quickly from K2’s manufacturing capabilities, while K2 benefits from Worth’s bat-making prowess..

K-Swiss Inc. saw shares increase 5.4% for the week to close at $37.12 on Friday after the company posted second quarter net income that more than doubled from a year ago and beat the street’s consensus earnings estimate of 65 cents a share. KSWS also rai

Reebok International Ltd. last week said it will declassify its board of directors, reacting to a non-binding resolution offered at its last annual meeting. The company said its board will be declassified over three years as each director’s three-year te

LaCrosse Footwear, Inc. was able to eke out a slight profit for the second quarter compared to a loss of $3.8 million fro the year-ago period. Consolidated net sales decreased 6.9% to $18.6 million from $20.0 million in the second quarter of 2002…

After the Myanmar regime placed Nobel Laureate Aung San Suu Kyi under house arrest, the U.S. House of Representatives passed a bill to place sanctions on any imports from Myanmar, formerly known as Burma.

Saucony relied on a 500 basis point improvement in gross margin to post a 44% improvement in net income and a 40% increase in diluted EPS in the second quarter. However, the improved bottom line masked issues on the top line as sales for the quarter decr

Shares of Big 5 Sporting Goods fell 11.3% for the week to close at $13.70 on Friday after the retailer fell short of Wall Street expectations for the second quarter. Big 5 posted EPS of 28 cents a share for the second quarter, 2 cents lower than analysts