SGB Update

180’s Donates Eyewear to USMC in Contract Bid

180s is providing 1,000 pairs of its 180s Eyegear to the United States Marine Corps (USMC). After testing the 180s Eyegear earlier this year, the USMC requested to buy 1,000 pairs of the sunglasses. As a sign of support for the nation’s military, 180s

GoLite appoints Kevin Volz as Customer Service Manager

GoLite announced that Kevin Volz has joined its Boulder, Colorado headquarters staff as Customer Service Manager. Volz brings over 15 years of outdoor retail experience to GoLite, the past nine of which he served as Manager of the Eastern Mountain Sports

NYSE Suspends Trading of Footstar Shares

The New York Stock Exchange announced today that it determined that the common stock of Footstar Inc. – ticker symbol FTS – should be suspended immediately. Application to the Securities and Exchange Commission to delist the issue is pending the completio

Corliss Team Acquires The Athletes Foot

The Athlete’s Foot management team has purchased Group Rallye’s interest in The Athlete’s Foot. Robert J. Corliss, a retail industry veteran and president and CEO of The Athlete's Foot, along with members of the senior management team led the acquis

TJX Completes Acquisition of Bob’s Stores

The TJX Companies, Inc. has completed its acquisition of Bob's Stores. TJX has purchased substantially all of the assets of Bob's Stores and its subsidiaries and assumed leases for 31 of Bob's Stores' locations, its office and warehou

GolfGear Announces Resignation Of Suspended CEO

On Dec. 18, 2003, pending completion of an investigation into possible violations of his employment contract and fiduciary duties, Donald A. Anderson tendered his resignation as a member of the Board of Directors of GolfGear International Inc. The follow

Vail Resorts, Intrawest to Divide Assets of Keystone Partnership

Vail Resorts, Inc. announced it has reached an amicable agreement with Intrawest Corporation to divide the remaining developable assets, to jointly liquidate remaining partnership inventory, and ultimately to dissolve the Keystone development partnership

Broder Bros. Lays Out Merged Management Team

Broder Bros., Co. announced the appointment of Vince Tyra as President and CEO, and David Hollister as Senior Vice President and CFO. On December 5, it was announced Allen H. Menard, CEO, resigned for personal reasons. The company also announced Tom Fran

Martin’s Golf and Tennis Superstores Acquired

Golf and Tennis Pro Shop (GTPS) has entered into a letter of intent to acquire the three Martin's Golf and Tennis Superstores located in Myrtle Beach, South Carolina. This transaction is subject to the negotiation and completion of a definitive agree

Fanbuzz to Operate Celtics Online Store

The Boston Celtics has entered into an e-commerce agreement with FanBuzz. As part of the agreement, FanBuzz' services include Web site development, back-end fulfillment and customer care for the private-label Boston Celtics online store at www.celtic

Nike Sees U.S. Strengthening Across the Board…

Nike, Inc. blew past analysts’ EPS estimates for their fiscal second quarter ended November 30, besting the prognosticators by 8% to 11% by posting earnings of 66 cents per diluted share on much better margins, benefits from currency exchange rates and im

Collegiate Pacific to Acquire Kesslers…

Kesslers Team Sports of Richmond, IN, the nation's largest independent team sporting goods distributor with annual revenues exceeding $30 million will join the Collegiate Pacific stable. Terms of the deal, which is expected to close in early 2004, w

Quiksilver Rolls Despite Tough Department Store Business…

Quiksilver, Inc. continued to roll toward their goal of becoming a true global brand as they beat external and internal EPS estimates for the eighth quarter in a row. The company’s march to become the first billion dollar beach/surf lifestyle brand shoul

Callaway Dominates Ashworth Growth …

Ashworth, Inc. reported fiscal fourth quarter net revenue for the company’s domestic segment increased 8.6% to $27.7 million from $25.5 million in the year-ago period. The international segment increased 15.4% to $4.5 million from $3.9 million. Full year

The Free Trade (Dis) Agreements…

Two separate trade agreements have been making news lately, the ten year old North American Trade Agreement and the brand new Central American Free Trade Agreement. Both treaties are said to strip away barriers to trade, eliminate tariffs, open markets, a