SGB Update

Aussie Apparel Group Acquires Brands…

Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group. The definitive agreement, signed on December 17, 2002, is valued at approximately $7.5 million…

Pride Manufacturing Acquires Softspikes, Inc.

Pride Manufacturing LLC announced the acquisition of Softspikes Inc. As part of the acquisition, Pride assumes ownership of Sport Holdings Inc., which includes Softspikes Inc., as well as Trisport Ltd. of England, the leading manufacturer of cleats and re

Another Carolina Mill Files Chapter 11

Chuck Flynt started Flynt Fabrics in 1972 and watched it grow into a player in the textile industry. But last week, Flynt had to tell his employees that his company was filing for bankruptcy protection…

Delta Mills Q2 Sales Declines 18.8%; Posts Profit

Delta Mills, Inc. reported net sales for the quarter ended December 28, 2002 decereased 18.8% to $35.9 million, compared to net sales of $44.1 million for the quarter ended December 29, 2001. Net income of $0.3 million…

Tom Clarke Joins Newell Rubbermaid Baord

Newell Rubbermaid Inc. announced the appointment of Dr. Thomas E. Clarke, president, new business ventures for Nike Inc., and an executive with broad experience in the consumer products industry, to its board of directors…

GSI Commerce to Operate NASCAR Web Store

GSI Commerce, Inc. and Turner Sports Interactive, announced Tuesday an agreement for GSI Commerce to operate the e-commerce store at NASCAR.com…

Johnson Outdoors Narrows Q1 Loss

Johnson Outdoors Q1 net sales decreased 8% to $54.9 million, and operating profit declined by $0.8 million to $0.2 million. The reported loss before cumulative effect of change in accounting principle improved to -$0.3 million…

Cherokee Wins Final Award in Mossimo Case

Cherokee Inc. announced that the arbitration panel in the Cherokee-Mossimo arbitration that issued an interim award on November 11, 2002, issued a final award in Cherokee's favor on January 17, 2003…

Brooks Appoints Field Marketing Manager

Brooks Sports Inc. announced Lisa Murray as its new Field Marketing Manager. Murray brings to Brooks more than 10 years of experience in the sports industry, working most recently for New Balance Athletic Shoe Inc…

Huffy Renews Endorsement Deal with Kidd

New Jersey Nets All-Star Guard Jason Kidd recently signed a two-year extension on his endorsement deal with Huffy Sports, a longtime NBA licensee and world-renowned sporting goods company…

2003 Sports Products of the Year Announced

The heat is on for the top contenders competing for the best sports product of the year. Sports Edge Magazine announced the six finalists that are vying for the 6th Annual Sports Product of the Year Award, sponsored by eBay Sports.

Leatherman Appoints National Account Executive

Kevin Kebodeaux has joined Leatherman Tool Group, Inc. as
National Accounts Executive. He will be responsible for working with national retailers in the sporting goods and general merchandise categories…