SGB Executive

Jones Group Nears Deal to Be Sold to Sycamore Partners

Private-equity firm Sycamore Partners is nearing a deal to buy Jones Group Inc., the owner of Nine West, for $15 a share, a transaction that would value the retailer at about $1.2 billion, according to various reports…

Louisville Slugger to Open Sports Complex in Peoria, IL

Louisville Slugger announced a partnership with a new state-of-the-art sports center planned for Peoria, IL. The facility, with 10 outdoor all-synthetic-turf youth baseball and softball fields plus a 125,000 square foot dome offering year-round play, wil

Cabela’s to Open Store in Fort Mill, S.C.

Cabela’s Inc. plans to open a store in Fort Mill, S.C., a suburb of Charlotte, N.C. Construction on the 97,500-square-foot store is scheduled to begin in 2014 and Cabela’s anticipates a spring 2015 opening…

Lululemon’s Q3 Earnings Climb 15 Percent

Lululemon Athletica reported net earnings increased 15.2 percent to $66.1 million in the third quarter ended Nov. 3 on a 20 percent increase in net revenue, which reached $379.9 million. Comparable store sales for the third quarter increased by 5 percent

Sports Authority Makes Donation to Cincinnati Children’s Hospital

Sports Authority will make a $10,000 donation in the name of Tara Guetz of Littleton, CO. The donation will go to the Bone Marrow Transplant Fund at Cincinnati Children’s Hospital, which specializes in using transplant therapies to treat cancer and

Drydock Footwear Group Hires Joe Salzano

The Drydock Footwear Group hired Joe Salzano to serve as senior advisor to its North American sales organization. Salzano left The Clarks Companies in October after serving as its vice president of sales…