NEW YORK, – Oct. 25, 2004 – Greg Norman Collection has announced strong third quarter results with double-digit increases in sales and operating profits for the seventh consecutive quarter.

Net sales for the company increased 11% for the third quarter ended September 30, 2004, and 14% year-to-date over last year with its core Golf trade increasing 14% for the quarter and 18% year-to-date.

Driving growth in the core Golf trade channel were significant increases in tournament business, including large presentations at both the 2004 PGA Championship at Whistling Straits and the 2004 Ryder Cup Matches at Oakland Hills. In addition, sales with key green grass management groups are up 51% for the quarter.

"We are very pleased with the third quarter performance," said Dave Hall, Chief Financial Officer. "We continue to have double-digit sales increases while increasing our gross margins, and growing our operating profits at an even greater rate."

Other strengths include growth in its full price business across all categories especially among its specialty store business, which is a strategic development area for the company and has doubled its business year-to-date.

Greg Norman Collection, a division of Reebok International Ltd., is a leading worldwide marketer of men's and women's sportswear, golf apparel and accessories.

Contact:
Jennifer Stender Hawkins
203/371-0120
jennifer@stenderhawkins.com