SGB Update

K-Swiss Will Execute 2 for 1 Stock Split…

K-Swiss Inc. stockholders have approved an increase of authorized shares of the Company's Class A and Class B Common Stock from 36 million and 10 million shares to 90 million and 18 million shares, respectively…

TAF Expands Franchise Footprint…

In a move seen by many as a broader strategic direction for The Athlete’s Foot, the company has completed an “area development agreement” with a Houston company that purchased TAF’s nine company-owned stores in the Houston area. The Odom Group, Inc. plan

InSport Awarded Navy SEAL Contract

InSport has been awarded a significant contract to meet the performance demands of the elite Navy SEALs. Under the contract, InSport will build the Navy SEAL’s next-generation combat clothing ensemble, known as the Protective Combat Uniform, or PCU.

Edwin Watts Golf Closes ReCap Deal…

Wellspring Capital Management LLC, a New York-based private equity investment firm and majority shareholder of The Hockey Company since 1997, has reportedly taken a majority stake in Edwin Watts Golf. Terms of the deal were not disclosed…

Lu Rasmussen joines Precor

Fitness industry veteran Lu Rasmussen has joined Precor in
the newly created position of Director of Leasing. according to Precor VP of Commercial Sales Chris Torggler, Rasmussen has a directive to launch an ongoing, comprehensive leasing program that s

Cold Sports Distribution Inc. Fouded

Bruce Caslowitz and Blaise Rosenthal have formed Cold Sports Distribution Inc. Bruce has an experienced role in snowboarding as sales coordinator and Blaise is the founder of Millennium Three and a professional snowboarder…

Congress Financial Permitted to Continue With Airwalk Foreclosure

The U.S. Bankruptcy Court in Denver, Colorado, ruled that Airwalk International, LLC’s senior secured lender, Congress Financial Corporation, may continue with its filed action against the company to cause the foreclosure and sale of the company’s assets

Athlete’s Foot Targets Greece

The Athlete's Foot has formalized an agreement with Veto S.A. of Athens, Greece to become The Athlete's Foot's master franchisee for Greece. The company projects multiple store openings over the length of the 10-year agreement in an effort

Primaloft Sponsors Adirondack Backcountry Ski Festival

PrimaLoft is continuing its involvement as a primary sponsor of the second annual Adirondack Backcountry
Ski Festival to be held on Friday, February 27th – Sunday, February 29th in Keene Valley, NY…

SIA: Early Chain Store Sales Down 8.2%

Chain store sales were down 8.2% for the beginning of the winter sports season (August through October ) compared to the same period in 2002 according to the SnowSports Industries America (SIA) Retail Audit. In dollars, that translates to $59.7 million in

K-Swiss Will Execute 2 for 1 Stock Split

K-Swiss Inc. stockholders have approved an increase of authorized shares of the Company's Class A and Class B Common Stock from 36 and 10 million shares to 90 and 18 million shares, respectively. The Company also announced that its Board of Director

The Athletes Foot Converts Houston Stores to Franchises

The Athlete's Foot has formalized an area development agreement with The Odom Group, Inc. The agreement became effective on December 11, 2OO3 when The Odom Group, Inc. purchased nine existing corporate-owned Houston-area stores from The Athlete&#039