SGB Update

Unifi Reports $9.2 million Net Loss

January 21, 2004

Unifi released operating results for Q2 of fiscal year 2004. The Company reported a net loss of $9.2 million or 18 cents per share, which compares to a net loss of $2.2 million or 4 cents per share for the prior Q2. The Company also reported a net loss of

New Harris Poll Finds Internet Use is Changing

January 21, 2004

A new Harris Poll finds that the Internet continues to become more useful and more used. While the total
Internet population is rising more slowly than it was in the late 90s, the proportion of those with broadband is rising much faster (Harris Poll of Ja

MandA Group Sees Continued Industry Consolidation

January 21, 2004

Mergers and consolidations will continue to shrink the number of players in the $40 billion global sporting goods industry in 2004. That's the forecast of The Mercanti Group, a boutique investment banking firm that served as the advisor to K2, Inc. i

Nike to Replace adidas as U.S. Olympic Sponsor

January 21, 2004

Nike has signed as an official sponsor and licensee of the 2006 and 2008 U.S. Olympic and Paralympic Teams, as announced by the U.S. Olympic Committee. The partnership with Nike will officially begin in January 2005. For the first-time, U.S. Olympic and P

Amerex to License akademiks Brand for Ourterwear

January 21, 2004

Amerex Group Inc. has entered into a licensing partnership with Kemestre 8 dba Akademiks to manufacture a new line of outerwear for Akademiks men’s and akdmks ladies and girls. The first preview of the new Akademiks men’s and akdmks ladies and girls oute

Skechers Licenses Name for Childrens Socks

January 20, 2004

SKECHERS announced that United Legwear, Co. has been named the licensee for SKECHERS Kids-branded socks in the United States and Canada. SKECHERS Kids' sock agreement follows on the heels of the Fall 2003 launch of SKECHERS children's apparel wi

K2 Completes Fotoball Stock Exchange

January 20, 2004

K2 Inc. announced that, pursuant to its previously announced offer to exchange each share of Fotoball USA, Inc. common stock for 0.2757 of a share of K2 common stock, K2 has accepted for exchange all shares of Fotoball USA common stock tendered as of the

Johnson Outdoors Awarded Another Military Contract

January 20, 2004

Johnson Outdoors has been awarded a five-year contract for the Expanded Soldier Crew Tent (ESCT) by the U.S. military. The new government contract calls for annual orders of the seven-man all-weather tent, which provides billeting for combat vehicle crew

Torpedo Sports Files Delayed 10-K and 10-Q

January 20, 2004

Torpedo Sports USA reported net sales of $6,075,549 and a net loss of $(3,458,072) for the year ended July 31, 2003 as compared to net sales of $8,209,400 and net income of $280,356 for the year ended July 31, 2002. For the first quarter ended October 31

ICON Fiscal Q2 Net Income Up 12.4% on Stronger CV and Strength Sales

January 20, 2004

ICON Health & Fitness is reporting that net sales for the second quarter of fiscal 2004 ended November 29, 2003 increased $13.4%, to $331.8 million from $292.7 million in the comparable period in 2003. Sales of cardiovascular and other equipment increased

Footstar Athletic Has Surprise Q4 Dip…

January 19, 2004

Expectations were a bit higher for Footstar’s Athletic division to post improved comp store sales results for Q4 due to increased allocations of Nike marquee product that drove such strong results at cross mall competitor The Finish Line. A resurgent Foo

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