Author: James Hartford

SGMA Re-Elects Larry Franklin as Chairman

October 20, 2011 SGB Update

Larry J. Franklin, president of Franklin Sports, Inc., has been re-elected as the chairman of the Sporting Goods Manufacturers Association (SGMA) for a one-year term. Bob Puccini (president; Mizuno USA) was elected for a one-year term as SGMA’s vic

NRF: October Retail Container Traffic To Be Up 2.6 Percent

October 19, 2011 SGB Update

Import cargo volume at the nation’s major retail container ports is expected to increase 2.6 percent in October over the same month last year and should reach its highest level of the year as retailers stock up for the holiday season, according to t

Anta Sports Sees Slower Growth Road Ahead for China Retail

October 18, 2011 SGB Update

Anta Sports, one of China’s largest sporting goods brands, expects a slowdown in the same-store-sales growth of its retail partner stores for the third quarter of 2011 when compared with that of the last quarter. The company said the guidance was ba

Crocs Inc. Will Miss Q3 Sales and EPS Guidance

October 17, 2011 SGB Update

Crocs, Inc. is revising its revenue and earnings guidance downward for the third quarter ended September 30, 2011. The company now expects revenue to be in the range of $273 million to $275 million for the third quarter versus previous guidance for $280

Nike Building Campus in Shanghai

October 10, 2011 SGB Update

Nike Inc. last week confirmed a plan to build a company campus in Shanghai, China. The Oregonian newspaper reported that Tim McCabe, director of local business development group Business Oregon, talked about the company's plans last week during a pre

Cybex Plans to Fight Latest Nasdaq Delisting Action

October 10, 2011 SGB Update

Cybex International, Inc. has received a determination letter from the Nasdaq Stock Market indicating that the company has not regained compliance with the minimum stockholders' equity requirement of $10 million for continued listing on the Nasdaq Gl

The Buckle Posts Double-Digit Comp Sales Gain In September

October 6, 2011 SGB Update

The Buckle, Inc. reported that comparable store net sales increased 10.3 percent for the five-week period ended October 1, 2011 versus the year-ago period. Net sales for the fiscal month increased 13.0 percent to $98.4 million from net sales of $87.1 mill

Laverty Exiting Callaway

October 6, 2011 SGB Update

Callaway Golf Company has indicated in a regulatory filing that David A. Laverty resigned from his position as senior vice president for global operations…

Dillard’s September Comps Grow 2 Percent

October 6, 2011 SGB Update

Dillard’s, Inc. reported that merchandise sales for the five weeks ended October 1, 2011 were $542.5 million compared to $532.3 million prior-year period. Total sales increased 2 percent on top of a 3 percent increase for the five weeks ended Octobe

Macy’s Inc. September Comps Up 4.9 Percent

October 6, 2011 SGB Update

Macy’s, Inc. reported total sales of $2.30 billion for the five weeks ended Oct. 1, an increase of 5.3 percent compared with total sales of $2.18 billion in the five weeks ended Oct. 2, 2010. Macy’s, Inc. same-store sales were up 4.9 percent i

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