SGB Update

Worth Sues Amateur Softball Group for Rule Changes

Worth Inc. announces a lawsuit filed against the Amateur Softball Association on July 10th in Oklahoma City Federal Court based on an ASA announcement on June 30, 2003 that a new bat standard based upon a new high-speed test system is to become effective

EB Acquisition to Increase Offer for Elder-Beerman

EB Acquisition, Ltd. disclosed that it plans to submit an increased offer for The Elder-Beerman Stores Corp. within 7 – 10 days. Elder-Beerman entered into a merger agreement with Wright Holdings, Inc., a company formed by Goldner Hawn Johnson & Morrison

NSGA: Fitness Participation Linked with Equipment Purchases

The National Sporting Goods Association (NSGA) and nationally known market research firm Irwin Broh & Associates have published a unique report that connects participation in 13 fitness activities with purchases of seven separate pieces of equipment…

Prince Opens New European HQ in London

Prince Sports, Inc. announced the opening of its new European headquarters, Prince Europe, Ltd, in London, from which the Prince European, Middle East and African businesses will be managed. VP/GM Mike Ballardie and Finance and Operations Director Darren

Fischer Skis Ramps Up Field and Office Staff

Fischer Skis USA announced the appointment of several new employees both in field and in-house. Peter Kennedy and assistant Brian Schiller will represent Fischer Alpine and Cross-Country in Alaska, Washington, Oregon, Idaho and Montana. Brian Sturgis ha

Fleur d’hiver Retains Backbone for PR Effort

Fleur d’hiver, the Sun Valley based apparel company that designs and produces women’s technical lingerie, announced it has retained Backbone Media to spearhead its public relations efforts…

Next, Inc Posts Fiscal Q2 Profit as Sales Jump 136%

Next Inc. reported revenues of $5,131,944 for the fiscal second quarter ended May 31, 2003, an increase of 136%, compared to $2,177,383 for 2002. The company reported net income of $143,398 and earnings per share of $0.01 for the quarter compared to a lo

Nike Signs Taylor and Purcell to Lifetime Deals…

The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca

New Era, Koch Family Launching Annual Golf Event for Cancer Research

New Era Cap Company and the Koch Family will hold the inaugural DCK Memorial Golf Tournament Monday, July 21, at Wanakah Country Club in Hamburg, N.Y. All proceeds from this first-annual event will be donated to the University of Pittsburgh Cancer Institu

Shoe Carnival Lowers Q2 Forecast on Weaker June Comps

Shoe Carnival, Inc. reported sales for the five-week period ended July 5, 2003 increased 4.1% to $47.5 million from sales of $45.6 million for the five-week period ended July 6, 2002. Comparable store sales decreased 5.4% in June 2003. In June 2002, compa

The Buckle June Same-Store Sales Dip 1.0%

The Buckle, Inc. announced that sales for the five-week period ended July 5, 2003 increased 2.9% to $29.7 million from sales of $28.9 million in the corresponding five-week period ended July 6, 2002. Comparable store sales decreased 1.0% from comparable

Footstar Athletic Comps Up 1.0%; Will Broaden Nike Offerings

Footstar, Inc. reported that comparable store sales for the thirteen-week period ended June 28, 2003 declined 2.2%. Comparable store sales at Meldisco decreased 4.9%, and comparable store sales for the athletic segment increased 1.0%. Total sales in the

Bon-Ton Same Store Comps Inch Up

The Bon-Ton Stores, Inc. announced comparable store sales for the five weeks ended July 5, 2003 increased 1.1%. Total sales for the month increased 0.5% to $63.2 million versus $62.9 million reported for the same period last year…