SGB Update

Puma Still Rocking Along in Q2…

While the Puma booth at WSA wasn’t as packed as past shows, the folks at the trend-setting brand had plenty to be pleased about as the company posted yet another stellar quarter in Q2. In currency-neutral terms, consolidated group sales increased to 56.

MLB Names New Partners in New Long-Term Exclusive Licensing Deals

Major League Baseball has inked new five-year licensing agreements for the global rights to produce official Major League Baseball adult apparel and headwear. The combined value of the agreements guarantees Major League Baseball and the Clubs more than $5

Fleet Feet Names Brooks Top Footwear Vendor

Brooks Sports Inc. has been chosen as the Fleet Feet Footwear Vendor of the Year for the second year in a row. Brooks was previously named Fleet Feet Apparel Vendor of the Year in 1999, 2000 and 2001…

Luxotica Ups the Down Under Pressure on OPSM

Luxottica Group announced its final offer to purchase OPSM Group. The offer price of A$3.90 per OPSM Group share is final and will not be increased. The closing date for the offer will be extended by one week and is now scheduled to expire at 7:00 p.m. (S

Jantzen Taps KraftWorks for Branding Campaign

KraftWorks has been named agency of record for Jantzen Inc., a wholly owned subsidiary of Perry Ellis International Inc. Jantzen has tapped the agency to create a branding campaign for the company that will reposition the label as the casual lifestyle br

Dyer to Resign from Sears Consumer Direct Post

Dave Dyer, the chief executive officer who led a recovery at Lands' End before its subsequent sale to Sears last year, told employees Wednesday he would leave his current post as head of Sears' customer direct division on Aug. 8 to pursue other

Puma Q2 Earnings Jump 124% on 46% Sales Gain

Puma reported that second quarter consolidated sales increased 46.1% to €300.9 ($342.2) million. On a currency neutral basis, sales were up 56.8%. Apparel gained 63.4% and footwear grew 41.2% in the quarter. In the Americas, positive growth in the U.S.

JJB Sports Fights Price Fixing Fine

JJB Sports PLC notes the decision of the Office of Fair Trading in its examination into allegations of price-fixing regarding replica football kits.

JJB is very disappointed that the OFT have found it to be guilty of price-fixing; a charge which it belie

Finish Line Airs Joint Nike Ad

The Finish Line announced the continuation of its marketing partnership with Nike as their latest cooperative television commercial breaks on national television this weekend. The commercial highlights that Finish Line carries the best selection of Nike S

JJB, Umbro Hit With Price Fixing Fines…

The U.K.’s Office of Fair Trading last week handed out over £18.6 million, or about $30 million, in fines to more than 10 businesses and the Manchester United club in the alleged price-fixing scheme for Umbro replica football (soccer) shirts. The OFT sai

Liquidmetal Q2 Loss Widens as Sales Triple

Liquidmetal(R) Technologies, Inc. reported revenues for the second quarter increased 199% to $6.4 million from revenues of $2.1 million for the second quarter of 2002. Due to restructuring efforts, the loss from continuing operations in the second quarte

Court Rules in Favor Of Nautilus

The Nautilus Group announced the United States District Court for the Western District of Washington ruled in favor of The Nautilus Group on a motion for preliminary injunction, and entered an order now barring ICON Health & Fitness, Inc. from using the m

K2, Inc. Adds Worth to Brand Stable

K2 announced that it has signed a letter of intent to acquire 100% of the stock of softball powerhouse Worth, Inc. The parties anticipate that the purchase price, which will not be disclosed, will be a combination of K2 common stock and cash, plus the as