SGB Executive

Macy’s Q3 Earnings Climb 31 Percent

Macy’s, Inc. reported that its third quarter earnings per share rose by 31 percent to 47 cents in the third quarter of 2013, ended Nov. 2, 2013. This compares with 36 cents per share in last year’s third quarter…

Teva Confirms Exit from Bike Market

Just three years after entering the mountain biking market, Teva last week confirmed it will exit the segment with existing models in production running through the end of 2014…

Patagonia to Introduce Traceable Down Collection in Fall 2014

Patagonia Inc. will move to 100 percent Traceable Down across its entire collection of down-insulated products starting in the Fall 2014 season. Traceable Down is sourced from birds that have been neither force-fed for foie gras production nor plucked for

ISPO Munich to Pay Way for Select European Retailers

ISPO Munich has partnered with the European Outdoor Group (EOG) to bring up to 70 additional outdoor retailers from across Europe to the 2014 edition of the show free of charge as VIPs with subsidised accommodation.

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