SGB Update

Vail Resorts Reports Record Q2

Vail Resorts announced financial results for Q2 of 2004. Mountain revenue was $201.4 million, a 6.9% increase from $188.4 million for the comparable period last year. Mountain expense increased $3.4 million, or 2.7%, to $126.9 million. Lodging revenue for

Ross McMullin Loses Fight With Cancer

The former chief of the North America business for adidas succumbed to cancer on Monday at his Portland home. John Ross McMullin was just 47 years young.

The former adidas America CEO has bat

180’s Files Suit Against Walgreen’s

180s has filed suit in the United States District Court for the District of Maryland (Baltimore) against Walgreen Co., headquartered in Deerfield, IL, for infringement of a patent directed to the wrap-behind-the-head 180s Ear Warmer…

National Geographic Adventure Appoints New Account Manager…

Brigitte Baron has been appointed account manager of the Northwest region for National Geographic Adventure magazine. Formerly the magazine's New England account manager, Baron is relocating this week from New York to Adventure's Los Angeles off

American Skiing Company Weathers Difficulties at Eastern Resorts

American Skiing Company announced its financial results for its second fiscal quarter and six months ended January 25, 2004. The Company reported improved financial performance at its western resorts that has helped mitigate the impact of challenging wea

Hibbett Posts 36.7% Net Income Gain in Q4

Hibbett Sporting Goods, Inc. reported net income for the fourth fiscal quarter increased 41.3% to $6.5 million compared with $4.6 million in Q4 last year. Earnings per diluted share increased 36.7% to 41 cents from 30 cents in the prior year. Net sales i

Hibbett Names Mickey Newsome Chairman of the Board

Hibbett Sporting Goods, Inc. announced that the Board of Directors has named Mickey Newsome, President and Chief Executive Officer, to serve as Chairman of the Board. John F. Megrue, Jr. is relinquishing his role as Chairman and retiring from the Board, e

February Retail Comp Store Sales Gains are Best Since April 2000…

According to a report issued by the International Council of Shopping Centers, retailers in February saw their best cumulative monthly year-over-year same-store sales since April 2000. Overall comp store sales in February rose 6.7% from the same month a

LeRoy Jumps to Gildan to Head Retail Sales

Gildan Activewear Inc. announced the appointment of Douglas E. LeRoy as Vice-President of Retail Sales. Mr. LeRoy will be based in Barbados and report to Mike Hoffman, President of Gildan Activewear SRL, Gildan's U.S. and international sales and mark

Burton Teams-up with OIWC and Baldface Lodge

If you've been blessed enough to go on a snowboard cat trip before, you'll immediately notice one thing – the overwhelming majority of cat trip guests are men. Burton Snowboards, the Outdoor Industry Women's Coalition (OIWC) and Baldface Lo

SIA Brings in Two New Staff Members

SnowSports Industries America (SIA) is pleased to announce the hiring of two new staff members to join its growing team. Christine Martinez has been named the new market research manager while Sara Hobbs will assume the position of executive assistant to

Muellers Finalize Crested Butte Purchase

Tim and Diane Mueller, owners of Okemo Mountain Resort in Ludlow, VT and operators of Mount Sunapee Resort in Newbury, NH are pleased to announce that the purchase of Crested Butte Ski Resort in Colorado from the Callaway and Walton families and it subsid

Footstar to Close all JFF Stores; Trims Footaction…

Footstar, Inc. filed a motions Friday in U.S. bankruptcy court to close “in the near term” 165 underperforming stores, including all of its 88 Just For Feet stores and 77 of its 429 Footaction stores. The motions included an “emergency” request for autho