SGB Update

Cutter and Buck Renews Sorenstam Sponsorship Deal

Cutter & Buck Inc. has renewed its sponsorship deal with Annika Sorenstam. Under this three-year contract, the Swedish athlete will wear Cutter & Buck golf and lifestyle apparel exclusively for all professional golf tournaments, events and media appearan

Bike Imports Fall; May Specialty Up…

The National Sporting Goods Association is reporting that bicycle imports fell to 3.5 million units in the first quarter of 2003, 13% fewer than in the same quarter last year, according to U.S. Department of Commerce data. The sporting goods retail trade

Here Comes That Upstream Inventory Effect…

We speculated just a few weeks ago (SEW 0325) about the effect the apparent climb in Q1 retail inventories would have on results for the vendors as we moved into the calendar second quarter. After reviewing the first of the vendor Q2 reports released this

Galyans Appoints New President and COO

Galyan's appointed Edwin J. Holman as President and Chief Operating Officer of the Company. Mr. Holman will be responsible for Finance, Operations, Systems, Planning and Allocation, Stores and Culture. Real Estate, Legal, Store Planning and Construct

Carrefour Extends License Agreement with Cherokee

Cherokee Inc., a marketer, licensor and manager of a variety of brands it owns and represents announced that Carrefour S.A. has elected to extend its agreement for the Cherokee brand for an additional three years…

Finish Line Promotes Three; Geis to Head Apparel and Footwear

The Finish Line, Inc. has shifted some responsibilities for its footwear and apparel management teams. Jason Short and Mike Watson have each been promoted to Divisional Merchandise Manager of Footwear while Kathleen Kaplan has been promoted to the positio

Vans Unloading Skateparks, But Inventory Builds on Weaker Sales…

VANS shares jumped more than 7% on Friday, recovering a bit to show a 5.2% decline for the week after the company announced fiscal 2003 fourth quarter results that included a $10.5 million pre-tax charge for the termination of a number of skatepark leases

Easton Renews Canadian License Deal with Mondor

Easton Sports announced that it has renewed its licensing agreement with Mondor Ltd., signing a multiyear extension with the Canadian hockey and baseball apparel manufacturer…

Timberland Falls on Back Half Caution…

Timberland matched analysts’ estimates for the second quarter, helped by strong sales of hiking boots and outdoor apparel, but sounded a cautionary tone about the company’s second half prospects…

Obermeyer Taps Backbone Media for PR Effort

Obermeyer has retained Backbone Media to handle their public relations efforts. Located in Aspen, Obermeyer will partner with local Carbondale company Backbone Media to oversee media communications and promotions of its apparel, brand and rich company his

New Brands Keep Huffy Alive…

Huffy Corporation chairman and CEO Don Graber pointed to the Gen-X acquisition and new customers in its service business as the key drivers for the sales and earnings growth for the second quarter. That left little positive for the company’s bike and tea