SGB Update

Bite’s April Sales Jump 20%

Bite Footwear broke sales records this April reporting a 20% increase in gross sales from April 2003, the company’s highest U.S. sales in a single month to date. Bite’s successful spring kicked off in March with the company’s highest monthly sales yet in

Callaway Taps Hayes to Run Canada Subsidiary

Callaway Golf Company has appointed Doug Hayes to the position of President and General Manager of Callaway Golf Canada, Ltd, the Company's Canadian subsidiary. Hayes has spent 22 of his 24 years in the sports industry with adidas Salomon Canada, Ltd

Sport-Haley Sees Settlement in Class Action Suit

Sport-Haley, Inc. has announced that on April 29, 2004, the United States District Court for the District of Colorado entered a Final Order and Judgment approving the settlement of the class action that had been pending since October 2001 against the Comp

adidas Signs Prep Star to Six Year Deal; Telfair Will Go to NBA

adidas and Sebastian Telfair have announced they have inked a six-year guaranteed endorsement deal reportedly worth $1 million to $2 million per year. Telfair, the 2003-2004 New York City Player of the Year, also announced that he would forgo college and

Mission Hockey and ITECH in Merger Deal

Mission Hockey of Santa Ana, California and Montreal-based ITECH Sport Products Inc. have announced that the two specialty hockey equipment manufacturers have merged to form one organization, Mission-ITECH Hockey. Bob Naegele Jr. will be chairman of the

The Wait is Over; Footaction Sale to Go Through

Footstar announced the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act in connection with its proposed sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to

High Gear Lands New Rocky Mtn. Reps

Clay Hardin, vice president of sales for HighGear, recently announced the appointment of Kim Miller and Jack Tackle as regional sales and marketing representatives for the company's Rocky Mountain territory. Veterans of the outdoor industry, both Mil

Kelwood Appoints New VP of Int’l Trade Services

Wendy Wieland Martin has been appointed Kellwood vice president international trade services, according to Tom Austin, president of Operating Services Division of
Kellwood. In this new post, Wieland-Martin, most recently director trade services for Kellwo

Gildan Q2 Meets Upper End of Analyst Expectations

Gildan Activewear reported record second quarter net earnings of $14.3 million, or 48 cents per diluted share, up 6.7% from $13.4 million or 45 cents per diluted share in the second quarter of fiscal 2003. Analyst expectations for the quarter were in the

Despite Strong Q1, Columbia Stays Conservative…

Columbia Sportswear Company appears to be as healthy and vibrant as its octogenarian COB Gert Boyle, who was off on a fishing trip in the Florida Keys with some customers, as the company posted yet another robust quarter that saw all key indicators in sal

Sportsman’s Guide Sees Growth Slow…

The Sportsman's Guide sales inched up 1.9% to $44.6 million for the first quarter compared to $43.7 million in Q1 last year. Gross margins slipped 80 basis points, from 32.5% in 2003 to 31.7% in Q1 2004. In spite of the less-than-inspiring sales gro

Huffy Looking for Answers — and Help…

Huffy Corporation shares fell 24.0% last week to close at $2.22 on Friday, a share price that is now down almost 58% since the first of the year and down more than 72% from its 52-week high. The brands acquired through the acquisition of Gen-X that kept