SGB Apparel

RECALL: 2,900 Forté Pro Carbon Road Pedals

Performance, Inc, of Chapel Hill, N.C. is voluntarily recalling about 2,900 2011 Forté Pro Carbon road pedals because they can break or crack during use, causing the rider to lose control and posing a fall hazard…

Adams Golf to Explore Strategic Alternatives

Adams Golf, Inc. announced that its board of directors has unanimously decided to explore and evaluate strategic alternatives to enhance shareholder value. The board intends to consider the full range of available options. The company has engaged Morgan S

Stein Mart’s Comps Flattish in December

Stein Mart, Inc. reported comparable store sales for the five-week period ended Dec. 31, 2011 were flat to last year. Total sales for the December five-week period were $166.0 million, a decrease of 0.2 percent from $166.3 million in the same period last

Remington Appoints Robert Nardelli as CEO

Remington Arms Company and its parent, Freedom Group, Inc. (FGI), announced that the board of directors has appointed Robert L. Nardelli as chief executive officer. Nardelli was named director and a member of FGI's Office of the CEO in September, 201

Macy’s December Same-Store Sales Increase 6.2 Percent

Macy’s, Inc. today reported total sales of $4.925 billion for the five weeks ended Dec. 31, 2011, an increase of 6.6 percent compared with total sales of $4.618 billion in the five weeks ended Jan. 1, 2011. On a same-store basis, Macy’s, Inc.

Kohl’s Cuts Guidance After Tough December Sales Results

Kohl's Corporation reported that for the five-week month ended Dec. 31 total sales increased 1.7 percent and comparable store sales decreased 0.1 percent. Year to date, total sales increased 2.3 percent and comparable store sales increased 0.5 perce

Mizuno Hires VP of Latin America

Mizuno USA has hired Hartmut Junghahn as vice president of Latin America. Scheduled to assume responsibilities in January 2012, Junghahn brings more than 27 years of consumer products expertise, with experience as a general manager, including sales, mark

High Sierra Sport Appoints Midwest Reps

High Sierra Sport Company appointed Terry and Vickie Pearson of Great Lakes Sales Force to represent its luggage and bag line in Illinois, Indiana, Kentucky, Michigan, and Ohio…

ComScore: Online Holiday Sales Up 15 Percent So Far

ComScore reported that retail e-commerce spending for the entire November – December 2011 holiday season reached $37.2 billion, marking a 15 percent increase versus last year and an all-time record for the season. Ten individual shopping days this season

Gramicci Launches Retailer Savings Campaign

Gramicci said it is responding to to US recession challenges with several new Gramicci products available to retailers at a 20-25 percent discount under the company's new Fall 2012 “Pass It On Savings” structure, to be unveiled this month at the Outd

Finish Line Appoints Chief Business Development Officer

The Finish Line, Inc. announced that Mark S. Landau has been appointed chief business development officer, effective Jan. 1. Since January 2010, Landau has been a member of the company's board of directors, serving on its audit and strategy committee

Sportcraft to Liquidate

Sportcraft, the maker of recreational sports gear like pool tables, air hockey and horseshoe sets, filed a Chapter 7 petition in the United States Bankruptcy Court of New Jersey to liquidate. According to a report in The New York Times, the liquidation st