SGB Update

GolfGear Executes Strategic Shift in Business

GolfGear International, Inc. has initiated a strategic new operational and marketing plan that will shift the way the company manufactures, markets and sells its golf clubs. Aggressive steps are being taken to reduce expenses and overhead, and, by the en

PUMA Taps Barrett for New Fashion Range

PUMA AG has appointed Neil Barrett as Creative Director for a new series of PUMA Collections that are expected to debut with delivery in late Spring 2004. The collection ranges from technical and lifestyle sportswear to high-end men's and women&#039

The Industry Says Goodbye To David Stone

David Stone, husband, devoted father, alpinist, backcountry skier, road biker, accomplished guitarist, and master of the dreaded British one-liner passed away Sept 23rd after a hard fought battle with stomach cancer. He is survived by his wife Lin, daught

Smith Optics Taps Specialized

Following three successful years as vice president of sales for Specialized USA, Blair Clark has accepted a
position as senior vice president of sales with Smith Optics, effective immediately. Clark will be responsible for the company’s global sales visio

Brunswick Names Lowe VP and Controller

Brunswick Corporation has named Alan L. Lowe the company's vice president and controller, replacing Peter G. Leemputte, who was recently promoted to senior vice president – chief financial officer. Lowe will report to Leemputte…

Amerex Calls In Earthbound and Debonair Creations

Amerex Group has entered into a strategic marketing agreement with Earthbound, LLC, a brand management and licensing organization. The agreement provides Amerex with the ability to develop and strengthen the visibility of its Weather Tamer proprietary br

Coastcast Chairman Won’t Acquire Company

Coastcast Corporation reported that the Chairman is no longer pursuing an acquisition of the company. The Board of Directors of the company have agreed that it is too expensive and not in the best interest of all the shareholders to continue as an SEC-re

Sport Haley Narrows Q4 Loss on Ben Hogan Strength

Sport-Haley reported net sales for the fiscal fourth quarter increased 13% to $5.9 million from net sales of approximately $5.2 million for the same quarter in the prior year. Net loss for Q4 was approximately ($146,000), an improvement of 66% compared w

Vans Q1 Better Than Expected; Net Income Up 145%

Vans announced net sales for the base business for the fiscal first quarter (excluding skateparks expected to be closed) increased 5.2% to $126.2 million, compared to $120.0 million for the first quarter of fiscal 2003. Net income for the base business in

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