SGB Update

Asics Adds New York Metro Sales Agency

ASICS has announced that Trilogy Sales Group, Inc. will represent the ASICS Brand in the New York Metro territory. Trilogy, led by head rep Glenn Walls, is based in Exton, PA, and their sales territory will be Eastern PA, Long Island, New Jersey, New York

Asics Signs Sponsorship Deal with DC Marathon

ASICS has announced it has agreed to a multi-year, long-term sponsorship with the Washington DC Marathon. This long-term relationship permits ASICS to be the official footwear and apparel sponsor for the March event….

Coleman Licenses Name for Storage Products

O'Sullivan Industries Holdings, Inc. announced a strategic licensing agreement between O'Sullivan Furniture and The Coleman Company, Inc. that grants O'Sullivan a license to use the Coleman brand on a new line of storage products called Col

Michael Jordan Still Nation’s Favorite Sports Star

Even though Michael Jordan has played his last NBA All Star game and is no longer one of the NBA's star performers, he is still, by a wide margin, the nation's favorite sports star. He is enormously popular both on and off the court. The next f

SIA: Hard Goods Sales Up 43.8% in Chain Stores

Chain store sales for snow sports equipment and apparel were up 2.2 percent for August through December compared to the same period of 2001. In dollars, that translates to $293.9 million in sales so far this year compared to
$287.6 million in 2001. The u

Tachikara Renews Longtime Partnership with the NAIA

Continuing a 24-year relationship, Tachikara USA, Inc., has extended its status as The Official Volleyball Supplier of the NAIA under terms of a new five-year agreement effective until December, 2007…

Vail Resorts, Inc. Reveals SEC Probe

Vail Resorts, Inc. announced that the Securities and Exchange Commission (“SEC”) has informed the Company that the SEC has issued a formal order of investigation with respect to the Company…

Former TNF Execs Settle SEC Fraud Allegations

Securities and Exchange Commission regulators said three former executives of outdoor apparel manufacturer North Face Inc have agreed to settle charges of accounting fraud related to allegations they inflated financial results…

Timberland Promotes Steere to Run Outdoor Performance

Jay Steere has been promoted to the position of global category director, outdoor performance at The Timberland Company. He reports directly to Marc Schneider, senior vice president, global product management…

Yue Yuen To Invest $160 Million In Expansion Drive

Yue Yuen Industrial Holdings Ltd, the world's largest shoe firm, on Tuesday said it has set aside between $150 million and $160 million to increase production lines and boost its materials business…

Russell Corp Shows Dramatic Turnaround in 2002

Russell Corporation announced net sales for 2002 increased $3.4 million, or 0.3%, to $1.164 billion versus $1.161 billion in fiscal 2001. Excluding sales from businesses that were acquired or discontinued, 2002 net sales on an ongoing basis increased 2%

Benjamin Russell Will Retire From Russell Board

Russell Corporation announced that Benjamin Russell will retire as a member of its Board of Directors at the company's annual meeting in April 2003. Russell, 65, has been a member of the board since 1963…

Warren Buffett Wins Bidding for Burlington

Burlington Industries, Inc. and Berkshire Hathaway, Inc. announced Tuesday that they have executed a definitive agreement for Berkshire Hathaway to acquire Burlington Industries. Following emergence from Chapter 11, Burlington will operate as a wholly o

Federated Re-Aligns Consumer Direct Businesses

Federated Department Stores, Inc. announced that its Bloomingdale's By Mail catalog and the macys.com e-commerce businesses are being realigned to operate under their respective namesake divisions…