SGB Executive

Germany’s 21sportsgroup Secures Financing

Germany’s 21sportsgroup announced it had secured the working capital it requires to operate its multi-channel running, cycling and triathlon stores through 2016…

The Toms Marketplace Launches at Toms.com

Toms launched the Toms Marketplace, a new online retail destination hosted on Toms.com that features a curated collection of 200 socially conscious products from 30 different companies…

Jones Apparel’s Q3 Sales Dip

The Jones Group Inc. reported revenues for the third quarter of 2013 were $1.02 billion, as compared with $1.04 billion for the third quarter of 2012…

Lululemon Signs Lease for Santa Monica Store

Lululemon Athletica Inc. has signed a long-term lease to move into a prime Third Street Promenade location in Santa Monica, CA, according to Maxxam Enterprises…

Lululemon Athletica Appoints Chief Product Officer

Lululemon Athletica inc. announced that Tara Poseley has been appointed as its chief product officer. She most recently served as president of Kmart apparel, a multi-channel, multi-category business with several billion in revenue, at which she was respon

Sears Considering Spinoff of Lands’ End

Sears Holdings Corporation said in a statement it's evaluating separating both its Lands' End business and Sears Auto Center (“SAC”) business. It also lowered its guidance for the current quarter…

Rusty and La Jolla Group Agree to Part Ways

La Jolla Group, the owner of the O'Neill Clothing license, and Rusty have mutually agreed to return the apparel license for Rusty North America to the brand owners, Rusty International, at the end of 2013. This concludes a six-year licensing partners

Dr. Martens Sold to PE Firm

Permira Funds, a private equity firm that owns Hugo Boss and New Look, has bought R Griggs Group, the parent company and licensee of the Dr Martens brand, for £300 million (U.S. $486 mm)…

Pacific Sunwear Appoints Board Member

Pacific Sunwear of California, Inc. appointed Frances P. Philip to to its board. Philip was employed in various executive positions with L.L. Bean, Inc. from 1994 to 2011, eventually becoming chief merchandising officer…