SGB Update

Shoe Carnival Shares Were Off 5.8%

Shoe Carnival Shares Were Off 5.8% after the retailer warned that lower traffic in the stores would push sales lower than expected for the second quarter and warned that earnings are now expected to be in the range of 10 cents to 13 cents per diluted shar

Taylor Made-adidas Golf and Pixl Resolve Litigation

Taylor Made-adidas Golf Company and Pixl Golf Company have confirmed that the two organizations have been involved recently in litigation that “has been resolved to the mutual satisfaction of both parties”. Both Taylor Made-adidas and Pixl are prohibited

Nautilus Appoints New CEO; Cook Retains Board Chair

The Nautilus Group, Inc. announced that Gregg Hammann has joined Nautilus as President and Chief Executive Officer effective immediately. Brian Cook, current Chief Executive Officer and Chairman, will continue with the company as Chairman…

NSGA: Department Stores Gain Share in Fitness Equipment

Sears and other department stores like the retailing giant continue to increase their dominance in the home fitness equipment market. Based on an NSGA analysis of consumer purchases of three major types of exercise equipment – treadmills, exercise bikes a

NSGA: Bike Imports Fall in Q1, But Specialty Sales Up in May

Bicycle imports fell to 3.5 million units in the first quarter of 2003, 13% fewer than in the same quarter last year, according to U.S. Department of Commerce data.
Most categories showed significant declines. The only category that showed an increase wa

Worth Sues Amateur Softball Group for Rule Changes

Worth Inc. announces a lawsuit filed against the Amateur Softball Association on July 10th in Oklahoma City Federal Court based on an ASA announcement on June 30, 2003 that a new bat standard based upon a new high-speed test system is to become effective

EB Acquisition to Increase Offer for Elder-Beerman

EB Acquisition, Ltd. disclosed that it plans to submit an increased offer for The Elder-Beerman Stores Corp. within 7 – 10 days. Elder-Beerman entered into a merger agreement with Wright Holdings, Inc., a company formed by Goldner Hawn Johnson & Morrison

NSGA: Fitness Participation Linked with Equipment Purchases

The National Sporting Goods Association (NSGA) and nationally known market research firm Irwin Broh & Associates have published a unique report that connects participation in 13 fitness activities with purchases of seven separate pieces of equipment…

Prince Opens New European HQ in London

Prince Sports, Inc. announced the opening of its new European headquarters, Prince Europe, Ltd, in London, from which the Prince European, Middle East and African businesses will be managed. VP/GM Mike Ballardie and Finance and Operations Director Darren

Fischer Skis Ramps Up Field and Office Staff

Fischer Skis USA announced the appointment of several new employees both in field and in-house. Peter Kennedy and assistant Brian Schiller will represent Fischer Alpine and Cross-Country in Alaska, Washington, Oregon, Idaho and Montana. Brian Sturgis ha

Fleur d’hiver Retains Backbone for PR Effort

Fleur d’hiver, the Sun Valley based apparel company that designs and produces women’s technical lingerie, announced it has retained Backbone Media to spearhead its public relations efforts…

Next, Inc Posts Fiscal Q2 Profit as Sales Jump 136%

Next Inc. reported revenues of $5,131,944 for the fiscal second quarter ended May 31, 2003, an increase of 136%, compared to $2,177,383 for 2002. The company reported net income of $143,398 and earnings per share of $0.01 for the quarter compared to a lo

Nike Signs Taylor and Purcell to Lifetime Deals…

The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca