SGB Update

Cloudveil Posts 79% Revenue Growth

Cloudveil has reported 79% total revenue growth for
2003. Gross margin increased by 4%, and Cloudveil gained 25% growth in
retail storefronts in 2003…

The Hockey Company Acquires t-blade Stake

The Hockey Company has acquired a 33 1/3% ownership stake in t-blade. The remaining shares are owned by Graf Canada Ltd. (33 1/3%) and t-blade GmbH (33 1/3%). Separately, the Company also announced the formation of a European joint venture with t-blade Gm

Johnson Outdoors Awarded Another Military Contract

Johnson Outdoors has been awarded a five-year contract for the Expanded Soldier Crew Tent (ESCT) by the U.S. military. The new government contract calls for annual orders of the seven-man all-weather tent, which provides billeting for combat vehicle crew

TSA to Re-Launch Vendor Days

The Sports Authority announced the re-launch of a new vendor program. The Sports Authority Vendor Days will allow companies to showcase their new products at the Company's corporate offices in Englewood, Colorado. Vendor Days will be scheduled once

Study Shows Strength of Web/Store Integration

The outlook for using the Internet to research purchases before going to local stores, otherwise known as Web-to- store (W2S) shopping, is stronger than online e-commerce, according to new research released this week. Shopping patterns during the last th

Super Show 2004: Woulda, Coulda, Shoulda…

The weather in Orlando turned warmer just as the 19th annual gathering of the sporting goods industry known as The Super Show got under way. The move to Florida was expected to signal a new chapter in the saga of the now well-traveled show, but the event

Footstar Athletic Has Surprise Q4 Dip…

Expectations were a bit higher for Footstar’s Athletic division to post improved comp store sales results for Q4 due to increased allocations of Nike marquee product that drove such strong results at cross mall competitor The Finish Line. A resurgent Foo

Yue Yuen Looks Ahead to Apparel Opp…

Yue Yuen Industrial Holdings announced better than expected earnings and sales as net profit for the year ended September 30, 2003 jumped 34.8% to $308.2 million, up from $228.6 million last year and beating analysts’ expectations of $302.2 million…

Head Makes Major Cost Cutting Moves…

After reporting large sales gains in the Winter Sports division in Q3, Head NV is saying that Q4 numbers are coming in even stronger. For the two months ending November 30th, Head saw total sales rise 15.6% to $115.5 million. According to the company, a m

Oakley Embarks on Global Strategy…

Oakley launched an international expansion campaign starting with an O-Store in Santiago, Chile. The store was opened and is operated under a licensing agreement with Racing Ltda., Oakley’s exclusive distributor in Chile. Oakley management did not release

Gerber Enters the LED Market by Acquiring CMG

Gerber has acquired CMG Equipment, LLC. CMG is recognized as a leading manufacturer and marketer of Light Emitting Diode (L.E.D.) -based portable outdoor lighting products. CMG's lights will form the foundation of a complete Gerber L.E.D. Lighting li

K2 Closes WinterQuest facility In CO

K2 Inc. announced plans to discontinue manufacturing and distributing snowshoes from its Grand Junction, Colorado facility effective end of March, 2004. This facility is one of two U.S. plants that manufactures and distributes snowshoes for the recently a

Anderson Named Division President of Fox River Brands

Fox River Mills has named Joel Anderson divisional president for Fox River brands. He was formerly Fox River’s national sales manager. Anderson, who was hired by Fox River in 1999, will lead the Fox River team to increase Fox River’s branded products’ vis