SGB Update

Copeland’s Sports Sold to New York Firm

Bruckmann, Rosser, Sherrill and Co., a private equity firm based in New York, has bought a controlling interest in CA-based Copeland's Sports. Terms of the deal were not released. BRS portfolio companies include Au Bon Pain, California Pizza Kitche

Russell Acquires Jagged Edge Outdoor Company

Jagged Edge, a mountain clothing company founded in Telluride in 1991, has been acquired by Russell Corp. Jagged Edge, now located in Moab, Utah, has retail stores in Telluride, Breckenridge and Crested Butte…

Golf Galaxy Names McCormick CMO

Golf Galaxy, Inc., the Everything for the Game(TM) golf retailer announced that Mick McCormick has joined the company as Chief Marketing Officer…

Reebok Goes “DOH” in Classic Campaign…

Just when you think the brand finally has its message right. Right when retailers are starting to feel like the brand might mean something again to the trend-setting urban male. Someone comes up with a campaign that makes even the most loyal Reebok supp

Jordan Passes the Torch — and Shoes — to McGrady…

In an odd twist in the ongoing sneaker wars, it was reported that adidas’ new basketball pitchman Tracy “T-Mac” McGrady was grinning from ear-to ear after Michael Jordan handed him his shoes after McGrady’s Orlando Magic team beat Jordan’s Wizards in last

Honest – It Was the Weather…

Blaming poor retail sales on lackluster scooter sales and the post-9/11 trauma has faded, but one retailer has found a brand new culprit for their sluggish December – El Nino…

Everlast Suit Claimant Files Appeal…

The claimant in a $49 million lawsuit against on Everlast Worldwide, Inc. filed an appeal Tuesday after the New York Supreme Court dismissed the original suit…

Luxottica Under Investigation for Pricing…

Sunglass Hut and Ray-Ban parent Luxottica Group revealed in an SEC filing last week that the New York Attorney General's office is investigating its pricing and distribution practices…

adidas in Top 10 Web Searches in 2002

Want to know which products your consumers are looking for in your store? The company responsible for the popular “Ask Jeeves” Internet search engine this week revealed the top searches conducted on Ask Jeeves at Ask.com in 2002 and adidas was the only s

adidas Has Balls for Total Golf Strategy…

TaylorMade-adidas Golf exercised its option to purchase the Maxfli brand outright under terms of the licensing and distribution agreement it signed with Dunlop Slazenger Group LTD in December 2001…

adidas Gets Overshadowed by Puma on Home Turf in 2002

adidas-Salomon AG said this week that it had achieved its 2002 sales and profit goals, with sales rising 5% for the year and net profit growth coming in at the upper end of a 5% – 10% forecast range…

Britney Sues Skechers Over Skate Shoe Deal

Looks like Skechers’ foray into roller skates is coming back to haunt the fashion footwear company yet again. Seems Britney Spears has sued the company for more than $1.5 million, citing breach of agreement, claiming Skechers USA, Inc. used her to plug i

Kmart Continues Bleed, May Exit Sports…

Estimates of total additional store closings for the beleaguered discount retailer range from 300 on the low end to almost 600 on the high side. Kmart had 2,114 stores before it closed 283 stores last spring. The company well may be at least a third sma

Bike Bankruptcy Review Postponed…

The January 2nd hearing scheduled to review certain matters in the company’s Chapter 11 case was postponed until Thursday, January 9, 2003…

Sears CEO Under Some Pressure to Show Results Soon

Sears, Roebuck and Co. Chief Executive Alan Lacy was riding high seven months ago. The company's credit card business was cruising along nicely, stores were being remodeled, and Sears' stock hit a four-year high of nearly $60 per share. But