Author: SGB Media

When Cherokee introduced Mossimo to Target in early 2000, they expected to receive a finder’s fee on royalties paid to the apparel company through its licensing agreement with the discount retailer. A Los Angeles Superior Court judge concurred last Tuesd

Shares of Footstar rose nearly as much as 20% on Tuesday after the Wall Street Journal reported that some analysts and investors are betting recent concerns about the shoe retailer are exaggerated…

Shares for the new Kmart Holding Corp. jumped 36.2% for the week to close at $25.20 on Friday after the reporting early in the week that the discounter had narrowed its Q1 losses amid lower comparable stores sales for the quarter…

Cutter & Buck had a fairly active week last week, first announcing the settlement of its shareholder lawsuits, followed by a report that the company had reached an agreement with the SEC that would resolve its investigation, and finally ending with the re

In other news last week, Cutter & Buck said they will pay as much as $7 million to settle two shareholder lawsuits that were triggered by the restatement of its financial results. The suits were filed last year after new CEO Fran Conley reported that for

The issues that are plaguing VF Corporation appear to be a non-issue for The North Face, the conglomerate’s hot hand in it’s “Outdoor Coalition”. Last week, we reported that VFC was forced to revise its Q2 guidance downward on inventory hangovers…

Aussie Apparel Group Ltd. is further expanding its stable of action sports brands, announcing last week that it has signed a letter-of-intent with GBI to acquire the Bluetorch trademark and other intellectual property. Terms of the deal were not disclose

Augusta Sportswear Inc. is in the process of adding 30,000 square feet to its existing facility in Grovetown, GA. The expansion enables the company to add a new conveyor system that is expected to expedite order fulfillment and shipment.

The buy-out saga at Elder-Beerman Stores continues to get more interesting after it was revealed last week that the CEO and CFO of the company were identified as the “Exclusive Bidders” in the acquisition talks reported by EBSC on May 16. Elder-Beerman s

Huffy Sports Company announced last week that the company had agreed to a new two-year labor agreement with workers that took effect on June 15, 2003…

Unifi Inc. was on the losing end of its own arbitration case with DuPont, after an Arbitration Panel ruled in favor of DuPont in a case involving the two companies' manufacturing alliance for the production of partially oriented polyester filament y

Payless ShoeSource said last week that it may not be able to meet its financial covenants with its lender after the discount footwear retailer slashed its earnings forecast for Q2 in the second time in less than two weeks…