SGB Update

Search Is On For New Co-Sponsor of SoBe/Cannondale Team

Team director Matt Jewett is confident he'll be able to land a new sponsor for the SoBe/Cannondale mountain bike squad, following SoBe's decision earlier this week to not renew its sponsorship of the pro-am team for 2004. Started in 1999, the t

Wilson is Official Olympic Tennis Ball

Wilson will be the official tennis ball of the 2004 Olympic Games. The US Open Tournament Select tennis ball will be used in play for the eight day event August 15 – 22nd…

Pro Golf of America Gets Aggressive on Store Growth

Pro Golf of America is finding opportunities for growth in the golf retail sector by opening a record number of new stores this year. The company projects that it will lead the golf retail category with 15 new store owners in 2003. That growth is expect

Amerex Adds Margolis as VP Special Projects

Amerex Group Inchas announced that former consultant to the company, Hank Margolis, has joined the firm as Director of Special Projects. Mr. Margolis will be working closely with Amerex Group Vice Chairman, Ira Ganger…

Christy Sports Celebrates 45 Years

In 1958, ski boots were still made exclusively of leather. Most skis were still made of wood, and instructors debated whether Howard Heads aluminum “cheaters” had a future. Bindings didnt work very well, and the most talked-about item in ski shops across

Huffy Corp. Elects D’Aloia to Board of Directors

Paul R. D'Aloia has been elected to the Board of Directors of Huffy Corporation. D'Aloia, who was elected President and Chief Operating Officer in August 2003, joined Huffy Corporation in 1997 as President and General Manager of the Huffy Sports

NRF: Average Consumer Spending Up 3.6% for Holiday

The consumer spirit is alive and well this holiday season, according to the findings of a new National Retail Federation survey. The NRF 2003 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that the average consume

Acushnet Gains Share in Tough Market…

Fortune Brands’ Acushnet Golf division surprised the parent company and analysts alike last week, reporting a 16% increase in sales to a record $275 million for the third quarter. Operating income increased 32% to $33 million, up 39% before charges…

Cannondale Gets Leaner and Meaner…

Cannondale completed an audit of its manufacturing processes and has decided to lay off 52 of their Bedford, PA employees. This move is intended to make the company more competitive in the U.S. cycling market, where most other manufacturers use less expen

Malden Mills Finally Exits Bankruptcy…

Malden Mills emerged from Chapter 11 bankruptcy protection on Friday and expects to finish the legal proceedings early in the week. A federal bankruptcy judge handed down the decision after months of delays stemming from legal maneuvering by creditors…

Dunlop, Umbro Sales Raise Red Flags…

According to The Times of London , private equity ownership of manufacturers is on the rise in he U.K.. Private investment firms now own £83 billion, or $139.4 billion at current exchange rates, worth of U.K. companies which they will reportedly be tryin