SGB Update

SportHill Sponsors The Nordic Link

Located in Steamboat Springs Colorado, The Nordic Link is a cross-country ski program run by PSIA* certified ski enthusiasts, Katie Lingquist and Emily McWatters. Providing instruction for the novice to the advanced, the program offers specialized women&#

Saucony Announces Quarterly Dividends

Saucony, Inc. announced that its board of directors declared regular quarterly cash dividends of $0.040 per share on the company's Class A Common Stock and $0.044 per share on the company's Class B Common Stock. The dividends will be paid on Jan

Pacific Sunwear Q3 Net Income Jumps 54% on 14% Sales Gain

Pacific Sunwear of California Inc. reported net income for the third quarter of fiscal 2003 jumped 54% to $24.5 million, or 31 cents per diluted share, from net income of $15.9 million, or 21 cents per diluted share, for Q3 last year. Sales for Q3 were $

Greg Norman Collection Launches Corporate Sales Division

Suzy Biszantz, President of Greg Norman Collection, announced the launch of a new corporate sales division for 2004. Accordingly, David Capano has been hired as Director, Corporate Sales to over see this new initiative, including hiring additional staff t

Canari Appoints New Reps

Canari Cycle Wear has appointed new sales representatives. Jeff Stewart is the new Canari rep for Texas, Oklahoma, Arkansas and Louisiana and Jim Rasmussen is the new Canari rep for Orange, San Bernadino, and San Diego counties in California…

Steinmart Chief Merchant Resigns Position

Stein Mart, Inc. announced that Gwen K. Manto has resigned her position as vice chairman and chief merchandising officer of the company in order to pursue other interests. She also resigned her position on Stein Mart's board of directors…

adidas Admits to U.S. Missteps, Looks to Future…

As is any twelve-step process to recovery, it’s important first to admit that you have a problem. adidas-Salomon management believes they know what they need to do to fix the weakened U.S. adidas brand business, including a major branding campaign and a

Johnson Outdoors Pre-Warns on Fiscal Year Earnings

Johnson Outdoors Inc. announced it anticipates its fiscal year 2003 earnings per diluted share to be in the range of $0.60 – $0.63 (pending completion of the audit of the Company's financial statements). The earnings range reflects a projected fourth

LaCrosse Repositioning in Full Swing…

LaCrosse Footwear, Inc. continued its move to reposition the company away from higher volume/lower margin sales to a long-term strategy of delivering more innovative product to their retail channel, including the addition of more lifestyle product. Stron

Zwerner Resigns from Perry Ellis Board

Perry Ellis International Inc. announced that its board of directors has accepted the resignation of director Allan Zwerner and it is looking to fill the vacancy with an independent outside director. Mr. Zwerner has accepted a position as president of Tom

Airwalk on the Auction Block…

In documents obtained by Sports Executive Weekly last week, it was revealed that Airwalk International, LLC has seen its banker — and largest secured creditor — take foreclosure action against the company in an effort to recoup its losses…

Sport Chalet Has Largest Gain in Years…

Sport Chalet posted its highest comp store sales gain since fiscal fourth quarter of 2001 when it reported an 11.3% comp store gain, and the first Q2 positive gain in three years as it capitalized on the growth in newer stores to show a nice 3.7% gain in

SIA Launches Four New Consumer Websites

SnowSports Industries America (SIA) announces the launch of a new and ground-breaking consumer suite of websites designed to educate and entertain current and potential snow sport's consumers. Thesnowlab.com suite consists of 4 unique sites: snowlink

Bear Stearns Reveals the Real Skinny on the CamelBak Deal…

In a story first reported in SEW’s sister publication, The B.O.S.S. Report last Monday, Bear Stearns Merchant Banking confirmed Thursday that they have purchased CamelBak Products, Inc. from Kransco Group owner John Bowes’ family in a $210 million all-cas