SGB Update

Delta Mills, Inc. reported net sales for the quarter ended March 29, 2003 increased 12.9% to $46.5 million compared to net sales of $41.2 million for the quarter ended March 30, 2002. The company reported a net loss of $1.1 million for the quarter compar

Shoe Carnival, Inc. has announced that due to lower customer traffic, sales for April and the first quarter ending May 3, 2003, are below previous expectations. Consequently, the Company has revised its sales and earnings expectations for the first quarte

Global Brand Marketing, Inc. has announced the appointment of Robert Mangione as National Sales Manager for Mecca Footwear. Mr. Mangione joins GBMI with over 15 years of marketing and sales management experience in the athletic footwear arena with positi

Saks Inc. has announced that David Doub and Kenneth Armstrong will join Parisian's senior management team on April 28, 2003. Doub has been named Senior Vice President/General Merchandise Manager of Ready-to-Wear for Parisian and Armstrong has been ap

adidas-Salomon announced the formation of Mavic-adidas Cycling to manage the Group's road cycling and mountain biking activities in one operational unit. The new unit, Mavic-adidas Cycling, will be responsible for the design, marketing, sales and di

Nike Golf has announced the appointment of Steve Eklund to Chief Financial Officer of the company. Eklund, a seven-year Nike veteran, previously served as CFO and Chief Operations Officer for Nike ACG before joining Nike Golf in 2002 as Director of Strat

Varsity Brands, Inc. has signed a definitive merger agreement to be acquired by Varsity's Senior Management and a wholly-owned subsidiary of an affiliate of Leonard Green & Partners, L.P. Under the terms of the agreement, Varsity's stockholders

Fotoball USA Inc. reported nets sales of $8.9 million for the first quarter of 2003 and a loss per diluted common share of ($0.03) versus 2002 net sales of $10.7 million and net income of $0.05 per diluted common share. The net loss for the current quart

Delta Apparel, Inc. announced sales of $33.9 million for the third fiscal quarter of fiscal year 2003, a 3.1% increase from the prior year third fiscal quarter. Net earnings for the quarter were $1.5 million, or 4.4% of sales, down $0.4 million from the

Pacific Sunwear of California Inc. announced that Jim Oien has joined the company as Vice President of Planning and Allocation and Linda Eddy has re-joined the firm as Vice President Real Estate.

GolfGear International Inc. announced net sales for 2002 decreaased 27.9% to $1,546,234 vs. $2,143,371 for the prior year, and loss per basic and diluted share of ($0.14) vs. ($0.06). Net loss for the full year was ($4,272,673), compared with ($1,016,981