SGB Executive

Asics Signs Children’s Apparel License

Asics has signed Cayre Group as its exclusive licensee for children’s apparel. The agreement includes boys and girls active wear, outerwear and swim for all children’s size ranges including newborn, infant, toddler and sizes 4-20 in the United

Sports Authority Launches First-Ever Loyalty Reward Program

Sports Authority announced the launch of its first-ever customer Rewards program, The League, which offers members 5 percent back on their total point balances of 100 points or more earned quarterly. The League offers one of the highest reward funding ra

TJX Sees Comps Jump 8 Percent During May

The TJX Companies, Inc. reported that sales for the four-week period ended May 26 were $1.9 billion, up 10 percent over the $1.7 billion achieved during the four-week period ended May 28, 2011. Consolidated comparable store sales for the four-week period

Saks Comps Up 4 Percent in May

Saks Incorporated announced that comparable store sales increased 4.0 percent in May. Owned sales totaled $215.8 million for the four weeks ended May 26, compared to $208.2 million for the four weeks ended May 28, 2011, a 3.7 percent increase…

Target’s May Comps Climb

Target Corporation reported that its net retail sales for the four weeks ended May 26, were $5.04 billion, an increase of 5.0 percent from $4.8 billion for the four weeks ended May 28, 2011. On this same basis, May comparable-store sales increased 4.4 per

Burke Mountain Resort Sold to Regional Group

QBurke Mountain Resorts, LLC has acquired its second Vermont ski area in four years. The partnership, which is co-owned by Ariel Quiros and Jay Peak Resort President and co-owner Bill Stenger, took ownership of Burke Mountain Resort May 22, 2012…

Sneakerpedia Celebrates One-Year Anniversary

Sneakerpedia, the online sneaker archive created by Foot Locker, celebrates its one-year anniversary this month. In celebration, Sneakerpedia launched a host of inspired additions to the site, including sneaker-obsessed guest bloggers, celebrity sneaker s

OR Summer Market 2012 Shaping up as a Blockbuster

Outdoor Retailer Summer Market 2012 is shaping up as a blockbuster. The trade show is adding a second New Exhibitor Pavilion to accommodate 300 new exhibitors, has drawn a host of prominent national brands, will feature an SUP tank and offer SUP races and

Buckle’s Q1 Profits Climb

The Buckle Inc. reported earnings rose 12.8 percent in the first quarter, to $37.8 million, or 79 cents per share, compared with $33.5 million, or 71 cents, for the first quarter of fiscal 2011. Sales for the 13-week fiscal quarter ended April 28, increas

Former Brown Shoe Exec Launches New Venture

Footwear industry executive, Gary Rich, with over 35 years in the footwear industry and former president of Brown Shoe Company – Wholesale, has formed Rich Footwear Group…

Perry Ellis Q1 Sales Down as Department Stores Trim Orders

Perry Ellis International, Inc., major maker of golf apparel and swimwear, reported total revenues declined 7.9 percent in the first quarter ended April 28 driven by conservative sportswear purchases by department stores following a challenging fall and h

Mizuno Corp. Posts Double-Digit Fiscal Year Profit Increase

Mizuno Corp. reported that total fiscal year revenue rose 3.3 percent to ¥155.0 billion ($1.44 bn) and rose 3.6 percent to ¥40.1 billion ($506 mm) in the fiscal fourth quarter ended March 31. Sales of the footwear business, including running shoes and ap