SGB Update

Tyler Hamilton Launches Charitable Foundation

Tyler Hamilton will launch a charitable foundation in January, 2004. The Tyler Hamilton Foundation's mission is to provide opportunity and access for individuals affected by multiple sclerosis and aspiring young athletes with a passion for cycling. T

Sporting Goods Push Total Online Sales Higher

Signs of an improving economy and increased consumer spending on nontraditional online product categories like apparel, home decor, and sporting goods have catapulted 2003 U.S. online sales. According to Forrester Research, Inc., U.S. online sales for 20

Nike Increases Quarterly Dividend 43%

The Board of Directors of NIKE, Inc. has declared a quarterly cash dividend of 20 cents per share on the Company's outstanding Class A and Class B Common Stock, which represnts a 43% increase over the previous quarterly rate of 14 cents per share…

SnowSports Industry Conference Launched

SnowSports Industries America (SIA), TransWorld Snowboarding and Mountain Sports Media are joining forces to produce The Snow Industry Summit, a high level business conference that will address global issues affecting all aspects of the snow sports indust

SBI Appoints VP, Finance Special Projects

Sport Brands International has named Jeffrey Howald as Vice President, Finance Special Projects. Howald assumes global responsibility for coordinating and implementing development projects across the business with a specific focus on special projects. He

Russell Ups Fiscal 2004 Full Year Guidance

Russell Corporation has raised its guidance for fiscal 2004 net income to $1.40 to $1.60 per share given the recent change in cotton prices and projected cost savings from its Operational Improvement Program. Previously, the Company had indicated that it

Fourth Quarter Net Income Up at Stage Stores On Lower Sales

Stage Stores, Inc. net income for Q3 ended November 1, 2003 was $12.9 million, or $0.63 per diluted share, compared to $10.2 million, or $0.50 per diluted share, for the prior year Q3. Total sales for the 13-week period decreased 3.2% to $197.9 million fr

Genesco Sees Q3 Earnings Decline 6.9% as Station Sales Decline

Genesco Inc. reported net earnings of $9.4 million, or $0.42 per diluted share, for the third quarter, compared with net earnings of $10.1 million, or $0.41 per diluted share, for Q3 last year. Net sales were off 0.3% to $212.5 million compared to $213.2

Crossover King Sues Nike, AND1, and Reebok

The owners of SB Designs, a small Chicago-based apparel company, have sued basketball apparel power-players Nike, Reebok, AND1 and several other companies for infringing its trademarks.

The Hockey Company Acquires German Distributor

The Hockey Company Holdings announced the proposed acquisition of Norbert Ewald GmbH (Ewald Sport Service), a leading hockey equipment distributor in Germany, in order to better service the Central European market…

Reebok Hires New Chief Human Resources Officer

Reebok has appointed Bob Myers as Chief Human Resources Officer and Senior Vice President of the corporation. Bob has more than twenty-two years of human resources experience, which includes leadership positions at such top global brands as PepsiCo, Targ

Hibbett Q3 Net Jumps 65% on 6.9% Comp Sales Increase

Hibbett Sporting Goods, Inc. announced net sales for the 13-week period ended November 1, 2003, increased 17.0% to $78.4 million compared with $67.0 million for the year-ago period. Comparable store sales increased 6.9% in the third quarter of fiscal 200

Novak Joins Mountainsmith as VP Sales

Peter Novak has been named as Vice President of Sales for Mountainsmith, the Colorado-based innovator of cutting-edge packs, bags, and luggage. Novak, who was most recently with Royal Robbins as National Sales and Marketing Manager for their 5.11 Tactica

SGMA: Apparel ASP Dropped Almost 12% in 2002

The industry is selling more apparel for less. That's the underlying theme of SGMA International's Sports Apparel Monitor (2003 edition), produced in conjunction with The NPD Group, Inc. According to the report, the retail sports apparel marke

NSGA Lands Strong Group for Conference Footwear Panel

The NSGA has put together an outstanding footwear panel this year for the 40th Annual NSGA Management Conference, which will be held May 16-19, 2004, at the Hilton Head Marriott Beach & Golf Resort. Marshal Cohen, Co-President of NPD Fashionworld, will p