SGB Update

After 59 years of making headwear, San Antonio-based Texace, now a golf hat manufacturing firm, has stopped production, leaving about 150 employees without a job…

Saucony, Inc. announced net sales for 2002 increased 1% to $133.2 million, compared to $132.3 million in the comparable period of 2001. Net income increased to $5.2 million, or $0.85 per share on a diluted basis, compared to a loss of $940,000, or $0.15

West Marine, Inc. reported net income for the year ended December 28, 2002 of $18.9 million, an increase of 35.9% compared to net income of $13.9 million in 2001. Earnings per share for 2002 were $0.97, compared to earnings per share of $0.77 for 2001. Ne

K-Swiss Inc. announced net earnings for the year ended December 31, 2002 increased 23.1% to $28.7 million, or $1.46 per diluted share, compared with $23.3 million, or $1.14 per diluted share, for 2001. Total worldwide revenues for 2002 were $290.4 millio

X-Sports, Inc., a golf bag and golf accessory distributor, announced it’s decision to enter into an agreement to acquire Amrex Sports, Inc., a California-based OEM and ODM company…

Physical education gets the nod on Capitol Hill! Congress has finalized a 20% increase in funding for the Physical Education for Progress (PEP) program. This funding, part of the omnibus spending act, was expected to be approved this week…

Aldila Inc. reported net sales for 2002 were $37.5 million, compared to net sales of $39.6 million in 2001. The company reported a net loss of $2.8 million ($0.57 per share) in 2002. Excluding the consolidation charge and the adjustments related to taxes

Big 5 Sporting Goods reported net sales increased 7.2% to $667.5 million compared to $622.5 million for fiscal year 2001. Same store sales increased 4.0% over the prior fiscal year. Pro forma net income available to common stockholders for fiscal 2002 g

GSI Commerce, Inc. announced that it has entered into an agreement with Rockport Company, Inc. for GSI Commerce to operate the online retail store at rockport.com…

ASICS has announced that Trilogy Sales Group, Inc. will represent the ASICS Brand in the New York Metro territory. Trilogy, led by head rep Glenn Walls, is based in Exton, PA, and their sales territory will be Eastern PA, Long Island, New Jersey, New York

ASICS has announced it has agreed to a multi-year, long-term sponsorship with the Washington DC Marathon. This long-term relationship permits ASICS to be the official footwear and apparel sponsor for the March event….

O'Sullivan Industries Holdings, Inc. announced a strategic licensing agreement between O'Sullivan Furniture and The Coleman Company, Inc. that grants O'Sullivan a license to use the Coleman brand on a new line of storage products called Col

Even though Michael Jordan has played his last NBA All Star game and is no longer one of the NBA's star performers, he is still, by a wide margin, the nation's favorite sports star. He is enormously popular both on and off the court. The next f

Chain store sales for snow sports equipment and apparel were up 2.2 percent for August through December compared to the same period of 2001. In dollars, that translates to $293.9 million in sales so far this year compared to
$287.6 million in 2001. The u