The staff of the U.S. Securities and Exchange Commission has terminated the portion of its investigation relating to Carlos Alberini, President and Chief Operating Officer of Guess?, Inc., in connection with Mr. Alberini’s service at his previous employer
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Under Armour Shares Dip Despite Record Quarter…
Under Armour, Inc. posted very solid gains in the 2006 fourth quarter and increased its guidance for 2007, but the company got a hard cold lesson in the sometimes illogical behavior of the public market as it missed Wall Street’s bottom-line expectations
adidas Group Sees Positive Growth for Reebok in 2007…
adidas Group expects growth overseas to push sales at Reebok to roughly $5 billion over the next three to five years from their current $3 billion in revenues. The increases are expected to come from strong growth out of mostly developing markets in Asia
Gildan’s Organic Gains Boosted by Acquisition…
Gildan Activewear Inc. reported sales in its fiscal first quarter of $185.8 million, up 54.4% from $120.3 million in the first quarter of last year. The increase in sales revenues was due to $42.6 million of sock sales resulting from the acquisition of K
Soffe Carries Delta Apparel in Second Quarter…
Delta Apparel, Inc. saw its FunTees acquisition mask weakness in its core Delta apparel business, while Soffe continued to be a bright spot in the second quarter. Junkfood, on the other hand, was unable to keep pace with a strong year-ago quarter, which
Malden Jumps Over Hurdles in Bankruptcy Case
Malden Mills has been faced with many challenges in its recent re-entry into bankruptcy protection, including the transfer of the case back to its original venue in Massachusetts, which posed the possibility of a considerable delay in the sale of the comp
Walking Co. Again Drives Sales for Big Dog…
As it has for the past few quarters, The Walking Company carried the weight for Big Dog Holdings, Inc. as the company’s namesake retail chain posted comparable sales declines for both the fourth quarter and fiscal year. TWC, on the other hand, posted its
Wolverine WorldWide’s Outdoor Group Continues Momentum in 2006…
Wolverine again exceeded its annual estimates and achieved record revenue and earnings per share for the fourth quarter and full-year. Sales in the fourth quarter increased 6.5% to $341.7 million compared to $321 million last year. Three of Wolverine’s fo
Mitchell and Ness Name McKinney as President
Mitchell & Ness Nostalgia Co. named Sean McKinney as president.
Sean is an extremely bright and young individual who has been chosen to lead the company after joining Mitchell & Ness as VP, Sales and Marketing, last February…
Speedo Enters China License with Symphony
Speedo International Limited entered a partnership with Symphony Resources Ltd, a subsidiary of Symphony Holdings Ltd. Symphony has been granted the master license for the Speedo brand in China and Taiwan commencing on January 27, 2007…
NBA Plans All-Star Retail Push…
The NBA has partnered with XP Events to approach retail at the All-Star game in a new light; and, hopefully, to increase both visibility and sales. The scope of product and merchandising activities for the week will include over 30 NBA Store satellite loc
Crocs Eyes Surf and Skate Market…
Crocs, Inc. is quickly becoming a holding company for sporting goods and footwear brands as it has entered into the surf and skate markets with its most recent acquisition of Ocean Minded, LLC. The acquisition price was $1.75 million in cash, plus a poten
Casual Male Sues Cutter and Buck over Catalog Biz…
Casual Male Retail Group is fighting it out in court with Cutter & Buck over e-commerce and catalog operations. Specifically, Casual Male filed a lawsuit on January 29, 2007 against Cutter & Buck Inc. in the United States District Court for the District o
Coleman Parent Expects 20% Sales Jump…
Jarden Corporation is predicting that sales for the fiscal year will be approximately $3.85 billion compared to $3.2 billion last year and $839 million the year before. The company’s Outdoor Solutions Segment – which consists primarily of Coleman – is exp
adidas, Nike, and German Football Part Vier…
The love triangle between Nike, adidas and the German Football Association (DFB), continues to unfold with the most recent events involving Nike’s bid, adidas’ refusal to match, and a possible court battle between adidas and the DFB. Reports out of German
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