SGB Update

Jones and Wills Take Direct Control of Parisian

Retailer Saks Incorporated announced that in addition to his role as President and CEO of Saks Department Store Group, George Jones has assumed operating leadership of Parisian, SDSG's specialty department store division. Kevin Wills has been promot

O’Neill Makes Splash into Surfing Industry

O'Neill Clothing's decision to sponsor the U.S. Open of Surfing in Huntington Beach is a signal that the company plans to compete more fiercely with industry titans such as Quiksilver and Billabong, executives said…

Quiksilver Makes Senior Executive Promotions

Quiksilver Inc. announced several executive promotions for the company's domestic business. Greg Ziegler, formerly executive vice president of operations, becomes chief operating officer. The copany also named presidents of its men's and women&

SGAA January Agent News

For the second year in row, the Coach & Connect program, co-sponsored by the Sporting Goods Manufacturers Association International and the Sporting Goods Agents Association was a jam-packed event, attended by sales agents who were given the opportunity t

InSport International Rebrands Corporate Identity

Seeking to invigorate its position as the leading specialized manufacturer of athletic apparel, InSport International released its new brand identity to the trade last week during the Outdoor Retailer Show…

Vans Gets $8.0 Million Award in Brabson Lawsuit

Vans was awarded approximately $8.0 million in a lawsuit Vans had filed against a former officer and consultant and their affiliates in March 2002. The suit alleged that the defendants engaged in a conspiracy to get unauthorized payments or commissions fr

Mr. Rags Files Chapter 11…

California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claire’s Stores…

Quiksilver Expands CapEx Budget in 2003…

Quiksilver Inc. announced in an SEC filing last week that it expects $35 million to $40 million in capital expenditures in fiscal 2003 ending October 31, 2003. Fiscal 2002 capital expenditures were $22.2 million, compared with $22.6 million in fiscal 200

Head Consolidates Winter Sports Operations

Head N.V. announced a two-stage process to consolidate offices and warehousing in the U.S. The Head Tyrolia Wintersports business will move to Norwalk, CT and the company's Winter warehouse will be consolidated into the new, larger, state-of-the-art

The Sports Authority Cuts Q4 Outlook on Reduced Comps

The Sports Authority, Inc. announced that it expects fourth quarter earnings from normal operations of $0.46 to $0.49 per diluted share versus the Company's prior guidance of $0.50 to $0.53. The reduced view is expected to result in
earnings per di

JC Penney Appoints Krauter GMM Men’s and Kid’s

J.C. Penney Corporation, Inc. announced the appointment of Lana Cain Krauter, 51, as Executive Vice President and General Merchandise Manager, Men's and Children's Division. She will report to Vanessa Castagna, JCP Chairman and Chief CEO of JCPe

Columbia Reports 2002 Net Income Up 15.4%

Columbia Sportswear Company announced net sales increased 1.4% to $217.3 million for the fourth quarter ended December 31, 2002. The company reported net sales increased 4.7% to $816.3 million for fiscal year 2002. Net income for Q4 was $29.1 million, a