SGB Update

Skechers Swings to Q3 Profit, But Still Disappoints Street…

Skechers reported solid results for third quarter, swinging to a profit versus a year-ago loss, but the company missed analysts’ expectations by 25%, forcing Wall Street to pull the plug and sending SKX shares down 11.4% for the week to close at $11.04 on

Dana Moves Under Marmot’s Umbrella…

Dana Design will relocate in November from Vashon Island, WA, and operate under K2’s Marmot division in Santa Rosa, CA. Zac West, Dana’s head designer and product manager, will continue in that capacity for the Dana brand, focusing on the development of l

Johnson Outdoors Will Go Private as Family Ups Bid…

Johnson Outdoors’ Board of Directors has approved a definitive merger agreement with JO Acquisition Corp., a newly formed entity established by Helen P. Johnson-Leipold, Chairman and CEO of Johnson Outdoors, and members of the family of the late Samuel C.

Soffe Again Keeps Delta Out of the Red…

Delta Apparel, Inc. again counted on MJ Soffe for most of its sales increase — and just about all of its operating income — for the fiscal first quarter ended October 2, posting a 94.2% increase in net income for the quarter to $1.1 million, or 34 cents

Watermark Outlines Portland Move…

Watermark made their pending move from Arcata, CA to Portland, OR official, shifting all corporate headquarters functions and the Landsports division north in early 2005, while leaving call center, credit collections, accounts receivable, IT, and HR funct

Cancel the Bake Sale for Jay Margolis…

We won’t need to hold a benefit for Jay Margolis, who recently resigned as president and COO at Reebok. In a recent SEC filing, Reebok stated that Margolis had resigned “with immediate effect” on 10/20/04 and that the departure would be treated as “termi

Amer Charges Impact Net Income Line…

Amer Group reported that third quarter net sales declined 6.4% to €278.7 million ($340.8 mm) from €297.9 million ($335.6 mm) in the year-ago quarter. Net sales declined due to the withdrawal from the tobacco business in March. Foreign exchange rate mo

K2 Moves Dana Designs under Marmot’s Control

K2 Sports' Dana Design backpack and travel bag division will relocate in November from Vashon Island, WA, and operate under Marmot Mountain, LLC. in Santa Rosa, CA. Dana Design and Marmot products will continue to be developed and marketed as separat

Smith Optics Hires Surf Marketing Manager

Smith Optics has hired Scott “Pod” Banuelosis as surf marketing and promotions manager. Effective immediately, Pod will be responsible for all surf team management and marketing operations in Smith Optics’ San Clemente, California, office. Most recently,

GBMI Promotes Nakamura to VP Sales Asia Pacific

Global Brand Marketing, Inc., has promoted Tomo Nakamura tp Vice President of International Sales for Asia-Pacific. In this newly created position, Nakamura will be responsible for expanding all sales and development for all GBMI brands in the fast growin

Sporting Goods Hall of Fame Elects Five New Inductees

The Sporting Goods Industry Hall of Fame Committee has elected five new Hall of Famers. Roger Atkin, formerly of NFL Properties; James W. Cabela, Mary A. Cabela and Richard W. Cabela of outdoor retailer Cabela’s; and Konstantin (Conny) Klimenko of Sevylo