SGB Update

Cutter & Buck has established a $35 million line of credit with Wells Fargo & Company. A new, broad-based relationship between the two companies also includes a number of financial services, such as providing funding support for the company's Seattle

Dick's Sporting Goods, Inc. reported that sales for the year ended February 1, 2003 increased 18% to $1.27 billion from $1.08 billion last year. Comparable stores sales increased 5.1% over last fiscal year. Net income for the year on a GAAP basis w

Shoe Carnival, Inc. net sales for the 52-week 2002 fiscal year increased 9% to $519.7 million from sales of $476.6 million for fiscal 2001. Comparable store sales decreased 0.4% for the 52-week period. Net earnings for the year increased 26% to $15.8 mi

In a regulatory filing on Thursday, K2 CEO Dick Heckmann indiocated that the purchase of Rawlings Sporting Goods is in doubt unless the Rawlings camp signs off on certain contract consents and amendments…

Confluence Watersports recently appointed John
Bergeron as the company's new President and Chief Executive Officer. Bob Sharp has been the acting CEO since May of 2002 and will continue in his position as a principal with American Capital Strategies

The Athlete's Foot will continue its aggressive growth in 2003 with an emphasis on expansion throughout Europe and the Middle East. This follows a year of strong growth in 2002 despite a sluggish retail market worldwide. In 2002, The Athlete's

On the heels of the acquisition of Softspikes, Inc. by Pride Manufacturing Company, LLC, which established the world’s premier consumable golf products company in Pride/Softspikes, the company named veteran Pride Golf Tee executive Bob Burr as President a

Columbia Sportswear Company has entered into a definitive merger agreement to acquire Mountain Hardwear Inc. for aggregate consideration of approximately $36 million, including approximately $30 million in cash and $6 million of debt assumption. The merg

Skechers USA, Inc. has filed suit against singer Britney Spears and her companies, Britney Brands, Inc. and Britney Touring, Inc. for fraud and breach of contract. The suit, which was filed in federal court in Los Angeles, also charges Ms. Spears with unj

Cutter & Buck Inc. saw its loss for the fiscal third quarter ended January 31, 2003 widen to $9.7 million, or 91 cents a share, compared with a loss of $8.5 million, or 80 cents a share a year ago. Sales rose 4% to $34.6 million…

Urban Outfitters, Inc. reported net sales, for the twelve months ended January 31, 2003, increased by 21% to $422.8 million. Comparable store sales increased $25.7 million or 9%: a 7% increase at Urban Retail and a 12% increase at Anthropologie Retail. D

Rocky Shoes & Boots, Inc. announced the resignation of Stanley I. Kravetz, a Director of the Company, effective immediately. Mr. Kravetz served on the Board of Directors since the Company's initial public offering in February 1993…

adidas America and the University of Louisville have reached a multi-year sports marketing partnership. This multi-year sports marketing partnership is an extension of the previous agreement that began in 1998. Terms of the agreement were not disclosed…