SGB Executive

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…

Uncle Josh Acquires Acme Tackle

Uncle Josh has announced the purchase of substantially all of the assets of Acme Tackle Company, of Providence, Rhode Island…

NRF Welcomes Government Shutdown Resolution

The National Retail Federation's President and CEO Matthew Shay welcomed the expected decision to reopen the government and delay the debate on the debt ceiling while criticizing the resolution process…

Nordstrom Rack To Open In Dublin, CA

Nordstrom, Inc. plans to open a Nordstrom Rack at the Village at Dublin in Dublin, CA. The approximately 35,000-square-foot store is scheduled to open in fall 2015…

Woolrich Footwear Assembles National Sales Team

Portland Product Werks (PPW), a premium footwear licensing group, has hired a national sales manager and sales team to launch the debut Woolrich Footwear collection in Fall 2014. Mike Mangiarancina joins Portland Product Werks as national sales manager of

NRF Survey Foreshadows Dip in Holiday Spending Budgets

U.S. consumers will spend slightly less on average this holiday season, according to a holiday consumer spending survey conducted for the National Retail Foundation since the federal government shutdown began Oct. 1…

BSN Sports Acquires Beaver Distributing Company

BSN Sports has completed the acquisition of Beaver Distributing Company dba Sols of Ambridge ( Sols) based in Ambridge, PA. Sols, family owned and operated since 1929, is a leading distributor of team apparel and equipment in western Pennsylvania, and par