SGB Update

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…

NPD: Lack of Consumer Excitement for Holiday Shopping Season

The NPD Group released the results of its survey of consumer holiday buying intent, which confirms that this holiday shopping season could be just as challenging for retailers as last year, because consumer shopping excitement remains chilly. While 68% of

InterBike Attendance Numbers Are In

Interbike concluded Tuesday the 14th, after five days of bike-related business. The annual trade show, which showcases the latest in cycling products and trends, attracted bicycle retailers, manufacturers, media, celebrities and industry advocates and aff

Burton Taps Nike for VP of Global Sales

Burton has hired Amy Buckalter as the Vice President of Global Sales to oversee the company's sales division, which includes the Burton, R.E.D., Anon, Gravis and Analog brands. In her new role, Amy will head the global sales team, direct Burton'

Cannondale Bike Factory Improvements to Result in 52 Job Cuts

Improvements implemented at Cannondale's Bedford, Pennsylvania bike factory are expected to increase productivity while simultaneously reducing labor costs and increasing production flexibility. The changes, instituted by Cannondale senior managemen

Brand Equity Outweighs Marketing Efforts in Golf Club Game

When it comes to ranking golf club brands, both in terms of company profile and the clubs they sell, the golf-playing public often pays little heed to the brands' marketing efforts. This conclusion was developed as a result of a nationwide study by

180s Sponsors Baltimore Running Festival

180s, LLC announced its second year participating as a sponsor in the Baltimore Running Festival scheduled to take place on October 18, 2003 in downtown Baltimore. 180s will distribute 2000 complementary NALGENE water bottles filled with Deer Park water

Golf Town Canada Acquires Golf Surface Inc.

Golf Town Canada has become significantly
larger through the acquisition of Golf Surface Inc., a major regional golf retailer within Quebec. Through this transaction, Golf Town will double the number of golf superstores it operates in the important Montre

Volkl Imports Skiwear Line

Volkl Sport America will launch a technical performance outerwear line in the US for the Winter 04/05 season.The collection will be positioned in the mid to high-end range of the market…