SGB Update

The warning flags are starting to go up around the industry as early looks at third quarter results for the vendor side of the fence appear to show some strain from a combination of pricing pressure and lower unit sales in the commodity businesses…

Royal Precision has entered into union negotiations for the layoff of 110 of their 230-person workforce. The company has been affected by the recent industry-wide golf slowdown, and is now re-committing their production forces to focus on the “high-perfor

Precor is looking to grow, and they may look to acquisitions to do it. Since Amer Group bought the fitness company in 2002 they have been looking for an avenue to expand their offerings into the strength market, but the company has seen slower-than-expec

Australia’s largest sporting goods retailer has completed an astounding year, making majority shareholder Harvey Norman Inc., a furniture and electronics retailer, very happy with its investment. The 2002 fiscal year was 15 months long for REB, bringing

Deckers Outdoor Corporation, the new owner of the Teva brand, has signed a licensing agreement with Capital Mercury to produce men’s apparel under the Teva brand name. BHPC Global Licensing finalized the deal for Teva. Distribution for the apparel will

Meanwhile, down the coast a bit, Pony International will be re-launching an apparel collection starting with the Fall/Winter 2004 season. The line, which will feature both men's and women's contemporary athletic and lifestyle product, will be d

In this era of old school shoes and jerseys it’s great to find a company that is both old school and successful. Brooks Sports, Inc. is on a big roll right now, after returning to that time honored tradition: focusing on the end consumer…

RYKA, the only performance athletic footwear brand in the world dedicated solely to women, announced that it
is a co-sponsor of the Stonyfield Farm Strong Women Summit. The summit will celebrate, educate and motivate women about how positive thinking and

Bill Bellcourt has resigned from his position as president of Grivel N.A. after a two-year sprint to make his start-up company profitable. Legendary author and alpinist Mark Twight will be taking the reigns from Bellcourt, along with his existing duties a

Callaway Golf Company announced Monday it has completed its transaction for the purchase of substantially all of the assets of the Top-Flite Golf Company. The closing took place at the New York law offices of Paul, Weiss, Rifkind, Wharton and Garrison…

Varsity Brands, Inc. on Mopnday announced that a majority of its stockholders have approved the proposed acquisition of Varsity by an affiliate of Leonard Green & Partners, L.P. and Varsity senior management…

Pony International will launch Juice Magazine, a quarterly that will appropriate Pony's outlaw aesthetic into a lifestyle magazine, representing the insurgent innovators of fashion, film, music and sports. Pony's Juice Magazine will be available

Sears, Roebuck and Co. has acquired all rights to the Structure brand from Limited Brands, Inc. Specific terms were not disclosed, however the financial consideration was less than $10 million. Structure merchandise is expected to be in Sears stores by

The Warnaco Group, Inc., parent to Speedo and Authentic Fitness, has named Lawrence Rutkowski as Senior Vice President and Chief Financial Officer. Rutkowski most recently he served as Executive Vice President and Chief Financial Officer at Primedia, Inc

Next Inc. was awarded significant tax and other cash incentives by the City of Wabash, IN in conjunction with the consolidation of the Lil Fan operations into the Company's 125,000 square foot operating and distribution facility located in the town..