SGB Update

Cannondale has announced that Paul Francese will be joining the company on October 1st as its new Chief Financial Officer. The hiring of Francese fills the last remaining vacancy in Cannondale's executive team, and comes two months after Bell Sports

Zodiac beat its operating targets for 2002/03, with organic growth in its Aerospace businesses (+0.7%) and a strong advance in the Marine segment (+7.7%). However, the exceptionally rapid slide in the dollar – down 18% year-on-year – offset some of this g

Glidan Activewear becomes the latest company to issue an earnings warning for its current quarter, citing the weaker U.S. dollar coupled with lower-than-expected unit volume sales. Gildan is forecasting full year diluted EPS in the range of C$2.55 – C$2.

On the heels of their recently-announced deal with Major League Baseball to be the exclusive supplier of non-authentic MLB fleece and T-shirts for the U.S. mass market, as well as Canada and Latin America, VF Imagewear officials revealed in a Thursday con

Dick's Sporting Goods, Inc. has appointed Jerel Hollens as Senior Vice President of Supply Chain. Mr. Hollens is responsible for all aspects of the supply chain, from the planning process to the sales floor, leading the areas of Store Allocation an

Black Diamond Equipment announced a partnership with REI, which will take the HERA (Health Empowerment, Research and Advocacy) Ovarian Cancer Climb for Life on the road to six major metropolitan areas this winter…

Prince Sports, Inc. announced the appointment of Bill Foy to the position of Executive Vice-President and General Manager of a newly formed business unit to be called Prince U.S.A. In this new position Foy will be responsible for the commercial success a

The Nautilus Group, Inc. on Friday announced a reduction in its workforce to lower expenses in response to the current business environment, resulting in a restructuring charge of approximately $200,000 for Q3. When fully implemented, this workforce redu

The Elder-Beerman Stores Corp. announced that it amended its existing merger agreement with Wright Holdings, Inc. to increase the consideration payable to Elder-Beerman shareholders by Wright Holdings from $7.05 per share in cash to $7.80 per share in cas

The back-to-school season sent consumers to the stores in August, picking up everything from sporting goods to electronics. According to the National Retail Federation (NRF), August retail sales in the GAFS categoryincreased 0.6% seasonally adjusted from

The Timberland Company announced the appointment of Michael J. Harrison to SVP, General Manager of International. In this role, Mr. Harrison is responsible for leading Timberland's European, Asian, Canadian and Latin American businesses. Mr. Harriso

Eddie Bauer and American Forests, the nation's leading nonprofit on the benefits of trees and forests, have reached their goal of raising $500,000 for the Memorial Tree Groves program…