SGB Update

The Athletes Foot Converts Houston Stores to Franchises

The Athlete's Foot has formalized an area development agreement with The Odom Group, Inc. The agreement became effective on December 11, 2OO3 when The Odom Group, Inc. purchased nine existing corporate-owned Houston-area stores from The Athlete&#039

Deckers Completes Thatcher Share Repurchase

Deckers Outdoor Corporation has completed the repurchase of the entire $5.5 million of preferred stock previously issued to Mark Thatcher in connection with the acquisition of the Teva worldwide assets. The transaction is expected to eliminate approximat

adidas Inks Deals with Wizards’ Arenas

adidas announces that it has reached a multi-year partnership agreement with Gilbert Arenas, the 2002-03 NBA Most Improved Player Award winner and Washington Wizard point guard. Terms of the deal were not disclosed…

NRF: November Retail Sales Rise 4.8% Versus Last Year

According to U.S. Commerce Department data, November retail sales in the GAFS category, which includes most general merchandise categories, increased 4.8% from the same period last year and rose 0.6% from October. Sales in the sporting goods, hobby, book

K2 and Fotoball Begin Exchange Offer

K2 Inc.& Fotoball USA, pursuant to their previously announced merger agreement, K2 has commenced an exchange offer for all of the outstanding shares of Fotoball USA common stock. Subject to the terms and conditions of the offer, Fotoball USA stockholders

Puma Launches New Concept Store In Silicon Valley

PUMA announced the latest addition to their North American retail family, capping of a year of intense expansion. The capitol of Silicon Valley will welcome a PUMA concept store to the Valley Fair Mall on December 12th. The roughly 10,000 square foot Spo

InterBike Badge Program Raises $50,000

­Having made the final tally on the funds received through Interbike's new Exhibitor Badge Program, show organizers are proud to announce that the newly instated program was successful in generating $50,000 to benefit the America Bikes campaign…

Adventure Medical Kits Supports The Alex Lowe Charitable Foundation

Adventure Medical Kits will donate 12 Backcountry Easy Care first aid kits to the Alex Lowe Charitable Foundation (ALCF). Dedicated to preserving Alex Lowe’s legacy, the ALCF supports sustainable, community-based humanitarian programs designed to help peo

Hooked On Outdoors Names New Managing Editor

Hooked on the Outdoors named Gina DeMillow as managing editor. Joining the magazine's editorial staff in Boulder, Colo., DeMillow is a veteran of the outdoor media marketplace. Previously, DeMillow was senior
associate editor at Backpacker magazine,

Warnaco Exiting Last of Speedo Retail; Sells White Stag to Wal-Mart

The Warnaco Group, Inc. will undertake additional
restructuring initiatives in order to further lower costs and improve efficiency, icluding the closure of the 44 remaining Speedo Authentic Fitness stores and the sale of the White Stag trademark to Wal-Ma

Puma Signs Deal with Formula One Team

PUMA AG and BMW WilliamsF1 Team have announced that they have signed a multi-year contract for PUMA AG to become the official supplier of footwear, teamwear and fireproof racewear to the BMW WilliamsF1 Team…

Specialized Recalls Mountain Bike Brake Rotors

Specialized Bicycle Components Inc. announced Wednesday a voluntary recall of its brake rotors for mountain bikes.
Company officials said during heavy braking, the brake tabs on the front forks could fail, possibly causing a loss of control and a fall fr

Ashworth Still Claims Top Spot in Golf Shirts; Callaway Share Doubles

Ashworth, Inc. reported that it is once again ranked by the Darrell Survey as the number one golf brand in shirt usage among golf consumers. This is the seventh consecutive year that Ashworth has been ranked number one, with a 12.6% market share of golf s

Spiegel Granted Additional Time to File Audited Financials

The Spiegel Group announced that the U.S. District Court in Chicago entered an Order on December 4, 2003, granting relief in response to the company's motion to modify the Amended Partial Final Judgment and Order of Permanent Injunction and Other Equ

Next, Inc. Inks Revised Financing Agreement

Next, Inc. has reached an agreement with LaSalle Business Credit, LLC, its primary lender, on a revised credit facility which waves the previously announced default under the original terms. Charles L. Thompson, CFO of Next, facilitated the waiver by volu