SGB Update

Wolverine Again Sees Merrell Lead Q3…

Wolverine World Wide said that Merrell continues to be its major growth driver, but company president and CEO Tim O’Donovan said it is also encouraging to see major contributions from the other footwear businesses…

DeFeet Uses Flashy Feet to Grow…

Textile Mills are slowly becoming a thing of the past in the U.S., particularly in the Carolinas, but one North Carolina company may have found the answer – innovate or die…

Rocky Knocks Out Military Deal…

Rocky Shoes & Boots is cashing in on an expanded defense budget with a $6.1 million deal to produce boots for the U.S. Military. The agreement is not cancelable and is accretive to earnings…

Power Grid Woes Impacts Forzani BTS…

The Forzani Group Ltd., Canada’s largest sporting goods retailer and franchisor, cited fires in the British Colombia Province and power outages in Ontario as main contributors to its flat comparable store sales report for the Back-to-School selling period

Cannondale Shuffles Executive Deck…

Cannondale has terminated the employment of three key executives, with Scott Montgomery, VP of Marketing, Dan Alloway, VP of Sales, and Len Konecney, VP of Purchasing, all handed walking papers last week…

GolfGear to Outsource Production, Launch Direct Sales…

GolfGear International, Inc. is making a major change in the way it operates, shifting away from a manufacturing company to a direct marketing company. The company will see overhead cut by approximately 50% by outsourcing the manufacturing and assembly o

Sport-Haley, Chairman Sued by SEC…

The U.S. Securities and Exchange Commission filed suit on September 26, 2003 against Sport-Haley, Inc. its chairman and former CEO, Robert G. Tomlinson, and its former controller, Steve S. Auger…

Women’s Golf Seeing Pink from Rules…

The rules and costs associated with a company being a publicly-traded entity has claimed another victim, as Women's Golf Unlimited, Inc. announced last week that they have filed Form 15, Certification & Notice of Termination of Registration, with the

Jordan Signs Two New Faces

Jordan, a division of Nike, announced the addition of All-Star point guards Gary Payton and Jason Kidd to Team Jordan, the group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…

Chris Brewer Is VP Performance Footwear At Fila

In a continuing effort to develop best-in-class products and increase its market share in the athletic footwear category through improved innovation and design, Fila CEO Jon Epstein has named Chris Brewer as VP Performance Footwear for the company…

New Era Brings In Their First Corp Communications Manager

New Era Cap Company has hired Crystal Howard as New Era's first corporate communications manager. Howard will report to John DeWaal, vice president of global marketing. She will be located in the company's Derby, N.Y. headquarters…

Tamarack Postpones Opening

Tamarack Resort, the $1.5 billion new ski area in the Idaho Rockies, has postponed Alpine Skiing due to commence this winter until 2004/5. Tamarack was one of two new ski areas due to open this winter, along side Moonlight Basin in Montana.

Ingersoll-Rand Appoints New Kryptonite Business Development Director

Kryptonite, announced that Steve Down has been appointed by Ingersoll-Rand to
launch a dramatic growth initiative for the Kryptonite business unit. In
his role as Director, Business Development, Portable Security, Down reports
directly to John Evans, Vic

Gottschalks CFO Resigns

Gottschalks Inc. announced that the company's Chief Financial Officer, Michael Geele, has resigned to pursue other opportunities. Kevin Bradshaw, the company's Vice President of Finance, will take over all related financial responsibilities unt

REI Opens New SF Store

Recreational Equipment Inc. opened a store at 840 Brannan Street in San Francisco's South of Market neighborhood. The 37,000 square-foot store is REI's first in San Francisco and eighth in the Bay Area…