SGB Update

Sole City Promotes Bernstein to COO, Roselli to Head Sales

Sole City, Inc. has announced that Jeffrey Bernstein has been promoted to Chief Operating Officer overseeing the company's footwear (Avirex, Troop, US Polo Assn.)and apparel (Schoold of Hard Knocks and Tradition) divisions and Tony Roselli has been p

Athletic Footwear ASP’s on the Rise

With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20

Retailers Report Five-Year High in Holiday Sales

Powered by heavy consumer traffic the week preceding and the day after Christmas, U.S. retailers are closing out their strongest holiday season in the last four years, according to a Chicago firm that follows shoppers' spending. Sales for the wee

Bauer Nike Hockey Names European Business Director

Bauer Nike Hockey, Inc. announced that Dirk Paulus has joined the company as the International Regional Business Director for its European operations. Paulus was recently the Footwear Business Director for Nike Germany. He spent 13 years with Nike where

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