SGB Update

Bluetorch Taps Oaktree to Identify Acquisition Candidates

Bluetorch Inc. (formerly Aussie Apparel Group Ltd.)
has engaged OakTree Partners, an investment banking firm located in Newport Beach, California to identify and qualify acquisition candidates. Additionally, OakTree will provide access to private and in

Wolverine Completes Sebago Acquisition

Wolverine World Wide, Inc. has finalized the acquisition of the business and select net operating assets of Sebago, Inc. originally announced on July 24, 2003. Outdoor Division president Jacques Lavertue said WWW will be introducing Sebago product update

Clif Bar Inc. Receives EPA Green Power Leadership Award

Clif Bar Inc. has received a Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA) for demonstrating superior environmental stewardship through its purchase of green power. The company purchased enough energy credits from renewa

ASA Changes Bat Standard; Worth Drops Lawsuit

Worth has announced that on September 26, 2003 a new ASA Bat Licensing Contract was executed which contained significant changes in the bat performance standard from the previously announced ASA standard on June 30, 2003. After two months of negotiations

U.S. Customs Looks For Container Help…

The U.S. Customs Service is asking importers to volunteer for a new program that is expected to boost national security and expedite Customs procedures. The program calls for shipping companies, manufacturing firms and importers to upgrade their locks and

ITF and Fossil announce Davis Cup sponsorship

The International Tennis Federation (ITF)announced Fossil is to become an International Sponsor and the Official Watch of Davis Cup. The ITF and Fossil have signed a multiyear agreement, starting with the Final of the 2003 Davis Cup by BNP Paribas between

VF Stops Illegal E.U. Eastpak Imports…

VF Corp has tracked down the source of some illegal EASTPAK backpacks coming into the E.U. It appears that MCCS Trading of Holland, has been distributing backpacks that originated in the U.S. to Dutch customers via their website…

New Age Sports And Nike Create Men’s Store

New Age Sports and Nike have formed a partnership to create a one-of-a-kind new shopping experience for men – New Age Sports Nike Men's Shop. The two will be opening the first store in North America devoted to men's Nike products.

LaCrosse Q3 EPS Up 148% on Improving Retail Channel Sales

LaCrosse Footwear, Inc. reported consolidated net income results for the third quarter increased to $2.1 million, or $0.36 per share, compared to consolidated net income of $0.9 million, or $0.15 per share in the year-ago period. Consolidated net sales

Puma Sticks to Roadmap for Brand Growth…

Puma looks to be a victim of its own success if the numbers posted in the latest quarterly report are any indication. After posting a 48% increase in sales and a 60% increase in futures backlog in the year-ago period, Puma’s meteoric growth rates settled

Perry Ellis International Acquires Redsand Trademarks

Perry Ellis International Inc. has acquired the Redsand trademarks, a deal that will expand Redsand's sourcing and marketing capacity while opening a new channel of distribution for Perry Ellis. Redsand is a premium
action sports brand based in San D

Internet Fuels the “Guide” in Q3…

The Sportsman's Guide reported third quarter sales and earnings that hit the upper end of their recently upgraded guidance, posting net income of $710,000, or 13 cents per diluted share, on sales of $41.2 million, or a 12.3% increase over the year-ag

Chick, Knight and Turner Elected to Hall of Fame

The Sporting Goods Industry Hall of Fame will open its
doors to James M. Chick, Chick's Sporting Goods; Phil Knight, NIKE, Inc.; and Jerome A. Turner, American Sporting Goods next year at induction ceremonies to be conducted at the 40th Annual NSGA M

Déjà vu All Over Again…

Footstar Inc. was expected – and required — to complete the restatement of its earnings by last Friday, but the company offered up only Tricks and gave out no Treats as they once again made an eleventh hour announcement that they would not report as expe