SGB Update

Nike Sues FIFA Over Women’s World Cup Trademark

Nike, Inc. has sued FIFA, soccer's world governing body, over the phrase “USA 2003”. Nike claims in its suit that it has the right to use the phrase to promote the U.S. women's national team even though trademark rights might be violated in the

Converse Signs Five NBA First-Round Draft Picks

Nike took little time in ramping up the endorsement roster at newly-minted subsidiar Converse. In a move that signals its redoubled commitment to performance basketball, sports marketing and its authentic basketball heritage, Converse announced that it h

When Worlds Collide…

Suunto and Microsoft have joined forces in an effort to make their shared vision of “a world in which small, connected, intelligent devices can deliver highly personalized, customized information to people wherever they are…”

Callaway Inks Bag and Timepiece License Deals

Callaway Golf has signed an exclusive global licensing agreement with TRG Accessories, which is also a global licensee for the Swiss Army Brands and Timberland Company travel gear businesses, to create and sell a Callaway Golf Gear collection of golf trav

The Finish Line Sees Q2 Earnings Jump 93%

The Finish Line reported net income for the thirteen weeks ended August 30, 2003 was $17.5 million, or 73 cents per diluted share, an increase of 93% versus net income of $9.1 million or $.37 per diluted share for Q2 for the year-ago period. Net sales in

Varsity Completes Merger

Varsity Brands has completed the proposed merger of the company with VB Merger Corporation, a subsidiary of VBR Holding Corporation. As previously announced, in the merger, each issued and outstanding share of Varsity common stock, other than treasury sha

NRF: Retail still Bullish on Holiday, But September Slowed

The latest findings of the NRF-BTM Executive Opinion Survey (EOS), a monthly index by the National Retail Federation (NRF) and the Bank of Tokyo-Mitsubishi Ltd. (BTM) show just how far the industry has come in the past year since the EOS was launched. Th

Dick’s SG Adds Chief Administrative Officer

William R. Newlin has been elected Executive Vice President and Chief Administrative Officer of Dick's. Newlin, who was most recently Chairman and CEO of Buchanan Ingersoll, one of the nation's premiere law firms, will work with CEO Ed Stack and

Iacon Lanches New Outlet Store Concept

Iacon, Inc., a retail store division of Oakley, Inc., announced that it will be introducing a new retail concept, Sunglass Club, which will focus on high-quality outlet retail opportunities with two stores planned to open in 2004…

Skechers Signs Jeans Licensee

Skechers USA, Inc. has named Federal Jeans, Inc. the licensee for Somethin' Else from Skechers-branded junior sportswear apparel in the United States and Canada. The line will launch in department stores in August 2004…

Stride Rite Q3 Earnings Down on Higher Tax Rate

The Stride Rite Corporation reported net sales for the third quarter of fiscal 2003 were $139.7 million, an increase of 2% from the net sales of $137.0 million in the comparable period of fiscal 2002. Net income for the quarter declined 9.0% to $6.4 mill

RLX Extends Aspen Uniform Deal

Aspen/Snowmass skiers and riders will continue to see a lot of the RLX logo as RLX Ralph Lauren announced that it will be the official uniform supplier to Aspen Skiing Company for another four years. RLX was previously awarded the Aspen/Snowmass uniform

CPSC Hits Brunswick with Million Dollar Bike Fine

The Consumer Product Safety Commission has fined Brunswick Corp. $1 million stemming from allegations that the maker of Mongoose and Roadmaster bicycles didn't report knowledge of 31 serious incidents involving defective forks on the bikes in a timel

RLX Chooses Primaloft For Aspen/Snowmass Uniforms

PrimaLoft Insulation Technology has been chosen as the
insulation of choice for the new Aspen/Snowmass uniform program that was awarded to RLX Ralph Lauren for the next four years…

Timbuk2 Sponsors 2003 Bicycle Messenger Championships

Continuing its faithful support of the bicycle messenger community worldwide, Timbuk2 Designs, Inc. was a proud sponsor of the 11th annual Cycle Messenger World Championships, September 12 -14, in Seattle, WA, and the 6th annual North American Cycle Couri