SGB Executive

Foot Locker Sets $10 Billion Goal for 2020

Coming off four consecutive years of record-breaking financial results, Foot Locker Inc. again hiked its bar with the release of goals for the five-year (2016 to 2020) period. Foot Locker President and CEO Richard Johnson said Foot Locker initially set i

DSW’s Q4 Boosted by Athletics

Led by athletics but carried by a recovery in its women’s offerings, DSW Inc. reported comparable sales increased 7.6 percent in the fourth quarter. Comps were flat in the year-ago quarter…

Vail Resorts Reports $37 Million Shortfall at Tahoe Resorts

Vail Resorts Inc. lowered guidance March 12 on what it expects to earn from its resort operations in fiscal 2015 to reflect a $37 million revenue shortfall at its Tahoe resorts, where snowfall was running 42 percent behind last year’s very low level

Under Armour Extends Boston College Partnership

Boston College and Under Armour, Inc. announced a 10-year partnership extension that designates Under Armour as the official outfitter of its varsity intercollegiate athletic programs…

Vans Names Lance Eddy as Director of Sales

Vans promoted Lance Eddy to director of sales, overseeing the core footwear channel. Eddy began his career with Vans in 1997 as a sales rep for specialty accounts…

Vail Resorts Retail Sales Surge in Fourth Quarter

Vail Resorts Inc. reported Retail/Rental revenue increased $9.3 million, or 10.8 percent, for the three months ended Jan. 31, 2015 due primarily to increases at its resorts in Colorado and Utah and the addition of Park City…

Genesco Q4 Earnings Disappoint Despite Strong Comps

Genesco Inc. reported its earnings came in below expectations in the fourth quarter ended Jan. 31, 2015 as gross margin pressure and currency exchange rates offset 10 percent growth in comparable store sales. Comps increased 16 percent at Journeys Group,

Hibbett to Open First New Jersey Store

Hibbett Sporting Goods, Inc. has signed a 4,752-square-foot lease at Upper Deerfield Plaza in Bridgeton, NJ, its first store in New Jersey…