SGB Update

Oakley Settles Luxottica Suit…

For the second time in less than sixty days Oakley has been able to settle actions taken to protect its XYZ Sunglass Optic Patents. The company last week settled two patent and intellectual property suits that were pending against competitor/customer, Lu

Nautilus Appeals Loss in ICON Action…

The Nautilus Group, maker of the Bowflex fitness machine, will appeal a ruling last week that saw its motion for a preliminary injunction against rival fitness equipment maker ICON Health and Fitness, Inc. denied by the United States District Court in Was

Oregon Archery Products Company Grows Quickly

BowTech says it makes the fastest bow on the market. And the company may be in line to claim another speed record — for the fastest-growing archery company in the nation. With sales almost doubling every year since its founding in late 1999, the maker

Moir Named Wilson Golf Global Business Director

Wilson Sporting Goods has announced that Angus Moir, Wilson’s Business Director, Golf Europe has been appointed as Global Business Director, Wilson Golf, effective immediately. Angus will be responsible for leading the worldwide Wilson Sporting Goods gol

Holst Named Eastern Regional For Wilson Golf and Racquet Sports

John Holst, formerly Territory Manager for Wilson Golf, has been promoted to the position of Eastern Regional Sales Manager, Wilson Golf & Racquet Sports. Holst will focus specifically on golf accounts. In his new position, he will direct a staff of 11

Varsity Brands, Inc. Files Preliminary Merger Proxy Statement

Varsity Brands, Inc. announced that it had filed on Wednesday its preliminary merger proxy statement and schedule 13E-3 transaction statement with the Securities and Exchange Commission in connection with the previously announced acquisition of the compan

GBMI Names John Lewis Vice President of Marketing

Global Brand Marketing, Inc., owner of Pony International and Dry-shoD, and global footwear licensee for Diesel, XOXO, Nautica and Mecca, has named John Lewis as Vice President of Marketing for GBMI. Mr. Lewis will be responsible for overseeing all aspect

Golfsmith Acquires Assets of Zevo Golf

Golfsmith International Inc. announced Wednesday that it has acquired the assets of Temecula, Calif.-based Zevo Golf. The acquisition supports Golfsmith's strategy of delivering proprietary, mid-market golf clubs, accessories and apparel to consumer

New President Named of TJX Canadian Division

The TJX Companies, Inc. has announced that David Margolis will retire from active management of its Canadian division, Winners, effective June 27, 2003. Michael MacMillan, Winners' Executive Vice President, Merchandising and Planning, will assume th

West Marine May Comp Store Sales Dip 1.5%

West Marine, Inc. reported that net sales for the four weeks ended May 24, 2003 were $74.5 million, a 27.0% increase from net sales of $58.7 million for the same period a year ago. Comparable store net sales decreased 1.5%…

GolfGear Q1 Loss Widens as Sales Increase 44%

GolfGear International Inc. reported net sales of $545,245 for the first quarter of 2003, a 44.3% increase over the $377,780 recorded for the same quarter last year. the company had a net loss applicable to common shareholders of $502,601 for the quarter

The U.K. Sees Sluggish April at Retail…

Reports from the Office for National Statistics in the U.K. reflect a retail environment mirroring the sluggish U.S. retail trend. April sales gained a meager 0.3% against the previous month. The U.K. is experiencing its slowest annual rate since May 19

Bat Companies Come Out Pro-Choice…

The Massachusetts Interscholastic Athletic Council voted 12-5 on Thursday to allow the use of aluminum bats in regular-season games next year. The MIAC is the rule making body of the Massachusetts Interscholastic Athletic Association…

It’s All In The Timing…

Federated Department Stores has decided to broaden the use of the venerable Macy’s nameplate throughout the company’s multitude of department store brands. Initially slated for Atlanta and the merger of the Rich’s and Macy’s group there, the largest depa

Yue Yuen Expanding Apparel Empire…

On the heels of its recent move to acquire 73% of apparel manufacturer Pro Kingtex Industrial Co Ltd, footwear-maker Yue Yuen is now reportedly close to a deal with Taiwanese sportswear maker Quang Viet Enterprise Co…