SGB Update Sports & Fitness
Massachusetts Votes Down Metal Bat Ban
For the third straight time since 2003, the governing body for high school sports in the State of Massachusetts today overwhelmingly rejected a proposal to ban non-wood and composite bats in high school baseball. By a vote of 12-3, the Massachusetts Inte
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
K2/Jarden Deal Faces Shareholder Class Action Suit
A union pension fund has filed a lawsuit against K2 and its board of directors for an alleged breach of fiduciary duty in accepting a $1.2 billion cash and stock buyout offer from Jarden Corp. The Steamfitters Local 449 Pension and Retirement Security Fun
Quiksilver Appoints New Heads for Quiksilver and Roxy Brands
Quiksilver said Steve Tully, currently president of women's, has been appointed to the new role of president, Quiksilver Brand for the Americas. Also, Carol Christopherson, currently president of retail, will become president of the Roxy and Raisins
Spyder Signs Footwear License
Spyder Active Sports, Inc., the ski apparel brand, signed a licensing agreement with Catchlight Fashions, Inc. for design, manufacturing, sales and distribution of Spyder-branded footwear. The collection includes men’s and women’s shoes and boots, and chi
Brooks Sports Commemorates Beloved Team Member
On Saturday, April 21, Elizabeth “Liz” Duncan, Brooks Sports Customer Service Representative, was hit by a car in Seattle and died at the scene. Brooks is setting up a scholarship fund and will release a special shoe in her honor…
Nève Designs Inks Licensing Deal with U.S. Ski Team
Nève Designs will be a licensed sweater and accessories company for the U.S. Ski Team. The terms of the agreement will run from May 1, 2007 until April 30, 2011 and will provide Nève the use of the U.S. Ski Team mark and athletes for advertising and promo
Airesis Re-Acquires U.S. Distribution for Le Coq Sportif
Le coq sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, continues to expand its international business and exposure. The company has re-acquired the U.S. apparel/footwear/accessories distribution from Itochu Internat
AND 1 Plans Advertising Around Mix Tape Tour
AND 1 is planning a new advertising campaign entitled The United Streets of America to commemorate the return of the AND 1 Mix Tape Tour 2007 featuring a tournament between the world's best basketball playground players. The campaign from 72 & Sunny,
Skechers Continues String of Strong Quarters…
Skechers USA, Inc. continued its line of consecutive quarterly year-over-year sales and earnings improvements with the largest quarterly sales result in the company’s 15 year-history. Growth was widespread for the vendor, coming from both wholesale and ow
Acquisitions Help Delta Fiscal Q3; Ups Guidance…
Delta Apparel, Inc. fiscal third quarter net sales increased 22.6% to $85.0 million from $69.4 million in the prior year's third quarter. The increase was primarily due to the addition of $19.0 million in sales from FunTees and sales growth in the So
VF Corp. Leverages Outdoor Strength Again in First Quarter; Gets Majestic Boost…
VF Corporation started 2007 with a strong first quarter due to healthy increases in sales in its Outdoor Coalition and its Imagewear Coalition. While the outdoor brands were boosted by a mix of organic growth and acquisitions, Imagewear was boosted almost
Mountain Hardwear Hires New NE Rep Agency
Mountain Hardwear Inc. hired the Stoner-Andrews Agency as sales representatives to cover Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.. The principals in the agency, Rick Stoner and Scott Andrews, have been outdoor industry
Delta Fiscal Q3 Income Inches Up on 22.6% Sales Gain
Delta Apparel, Inc. fiscal quarter ended March 31, 2007 net sales increased 22.6% to a third quarter record of $85.0 million compared to $69.4 million in the prior year's third quarter. The increase was primarily due to the addition of FunTees and sa
Cybex Posts Double-Digit Top and Bottom Line Q1 Gains
Cybex International, Inc. recorded a 20% jump in net sales for the first quarter to $34.7 million from $28.9 million for the same quarter last year. Net income for the quarter was $1.1 million, or 6 cents per diluted share, growing 57.1% from $0.7 millio
