SGB Update

Tango to Manufacture U.S. Olympic Apparel

Tango Inc. has entered into an agreement with Global Manufacturing Group to produce and print garments for the US Olympic Association, up to and including the 100th Anniversary Olympiad in Athens, Greece. Global has been chosen as the exclusive manufactu

Phil Knight Creates Charitable Trust

NIKE, Inc. confirmed Monday that Philip H. Knight, chairman, president and chief executive officer, has contributed 7,000,000 shares of Nike Class B Common Stock to a charitable remainder trust, of which he is a trustee. Knight converted 7 million shares

Delta Apparel Q1 Earnings Fall 67% on Lower Prices

Delta Apparel, Inc. saw net sales of $30.8 million for the quarter ended September 27, 2003, up 6.6% from $28.9 million net sales achieved in the prior year quarter. The higher sales were the result of a 21.3% increase in unit volume, partially offset by

DaKine Re-Launches Website

DAKINE will relaunch its website, www.dakine.com, for the ‘03/04 season. The site has a new design, an updated intuitive navigation system and world-class team rider action photography. The site’s goal is to provide visitors with a unique and user-friend

Keystone Ads Airboarding To Night Programs…

Keystone Resort will be adding an Airboard program at their ski area. Ann-Elise Emerson, who is launching the 2-year-old Swiss product in North America through her company, Emo-Gear, began her snow bodyboarding career out of bounds near Alpine Meadows, Ta

Malden Emerges From Chapter 11; Family Loses Control

Malden Mills Industries, Inc. announced that the Company has successfully emerged from Chapter 11 bankruptcy protection intact with 1,200 employees based in Lawrence, MA, Methuen MA and Hudson, NH. Various secured and unsecured creditors have received a

Nalbach Appointed Fila EU Key Account Director

Fila has named Jay Nalbach as European Key Account Director for the brand. In his new role, Mr. Nalbach will supervise and coordinate Fila’s commercial operations with European Key Accounts in cooperation with the company’s local subsidiaries…

Top-Flite Reaches Five-Year Agreement with Union

Callaway Golf Company announced that a five-year collective bargaining agreement between its wholly owned subsidiary, The Top-Flite Golf Company, and the Boilermaker's Union Local 1851 has been ratified. The union represents the production and mainte

Head Sees Diving Division Chief Retire

Head N.V. announced that Claudio Ferrantino, the Managing Director of the Diving Division and President of HTM Sport S.p.A., Italy, will be retiring at the end of the year.
Claudio joined the company in 1973 as the export sales director and became Preside

Timberland Q3 Profits Up 8.3% as U.S. Business Dips

The Timberland Company reported third quarter net income of $53.3 million, or diluted earnings per share (EPS) of $1.47, compared with third quarter 2002 net income of $49.2 million, or diluted EPS of $1.30. Third quarter revenue increased 6.6% to $444.0

Smartwool Taps ACG Vet to Run Marketing

SmartWool has hired Rob Mitchell as their new Vice President of Marketing and Products. Mitchell was formerly the head of marketing for Nike ACG. Prior to his work with Nike ACG,Mitchell served as President and COO of Trailworks.com, an internet-based c

TimBuk2 Taps Mountainsmith and Adds New Reps

Timbuk2 Designs has hired Mike Valvano as Vice President of Sales. Mr. Valvano was formerly Vice President of Sales at Mountainsmith in Boulder, Colorado…

West Marine Q3 Net Income Up 16.6% as Comps Inch Up 1.2%

West Marine, Inc. reported net income for the third quarter ended September 27, 2003 of $8.1 million, or $0.39 per share, an increase of 16.6% compared to net income of $6.9 million, or $0.35 per share, a year ago. Net sales for the quarter were $191.9 mi

Glasser Named President and CEO of Value City DS

Retail Ventures, Inc. announced that it has named Stuart Glasser President and CEO of its Value City Department Stores division. Mr. Glasser was appointed head of the unit's softlines merchandising operations in September 2002…