Category: Apparel

Nike to Close San Jose, CA Store

May 7, 2009 SGB Update

Nike Inc. plans to close its store at Westfield Valley Fair shopping center in San Jose, CA on May 17, according to various media sources. The 5,000-square-foot location opened in June 2005…

Crocs Q1 Sales Drop; Net Loss Widens

May 7, 2009 SGB Update

Crocs, Inc. reported 2009 first quarter revenue was $134.9 million, down 32% from $198.5 million in the year ago period. The company reported a net loss of $22.4 million in the first quarter of 2009 with a diluted loss per share of 27 cents compared to a

Adidas’ CEO Gets Contract Extension

May 7, 2009 SGB Update

Adidas Chief Executive Herbert Hainer will stay in his job beyond 2010, the company said Thursday. Hainer, who has been CEO since March 2001 and with Adidas AG since 1987, had his contract extended, the company announced at its annual general meeting. The

Danskin Triathlon Series Celebrates 20 Years

May 7, 2009 SGB Update

The Danskin Triathlon Series — the largest and longest running women's triathlon series in the world – celebrates its 20th Anniversary this year with an expanded schedule of events, a new partnership and innovative programming designed to inspire an

Retail Import Volume at Lowest Level in Five Years

May 7, 2009 SGB Update

Import cargo volume at the nations major retail container ports improved in March over February¹s seven-year low, but was still at its lowest level in five years and remained below the 1 million mark, according to the monthly Port Tracker report released

RECALL: Ambler Mountain Works Children’s Beanies

May 6, 2009 SGB Update

The U.S. Consumer Product Safety Commission, in cooperation with Ambler Mountain Works announced a voluntary recall of the Erwin Beanie and Poseidon Beanie Children’s Knitted Hats. Consumers should stop using recalled products immediately unless otherwise

K2 Snowboarding Hires New Global Marketing Manager

May 5, 2009 SGB Update

Seattle-based K2 Snowboarding named Steve Metcalf Global Marketing Manager to lead all marketing and communications for the snowboard company. Metcalf previously developed marketing programs as the brand director and film producer for Aspen/Snowmass, one

First Michael Jordan-Themed U.S. Store to Open in Chicago

May 4, 2009 SGB Update

The country's first Michael Jordan “Twenty-Three” athletic apparel and footwear store will be opened at University Village Marketplace on Maxwell Street in Chicago. According to a press released from University Village Marketplace, Northbrook, Ill.-b

Big 5 Has Tough Q1; Sees Traffic Improving

May 4, 2009 SGB Update

Big 5 Sporting Goods saw first quarter earnings fall 31.7% on a 4.4% comp store sales decline, but Steve Miller, BGFV’s chairman, president and CEO, said traffic and average selling prices had shown “meaningful improvement” since it provided its last upda

GSI Commerce Q1 Revenues Show Slight Increase

May 4, 2009 SGB Update

GSI Commerce Inc. reported that net revenues for the first quarter ended April 4 increased slightly to $196.5 million from $195.5 million in the year-ago period. Non-GAAP net revenues increased 14% to $106.3 million from $93.3 million Q1 last year. The l

Duofold Parent May See Some Light at Retail

May 4, 2009 SGB Update

Hanesbrands Inc., the parent of the Champion and Duofold brands, said that while first quarter results were in line with expectations and had been significantly impacted by the economic recession, the company may also be seeing some positive movement from

Cabela’s Comps Up, but Finance Unit Sinks Q1 Net

May 4, 2009 SGB Update

Mirroring a pervasive market trend that has emerged as a common thread for nearly all outdoor retailers, Cabela’s Inc. reported first quarter revenues were driven by notable strength from strong firearms and ammunition sales. However, despite any improve

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