SGB Executive

Head N.V. Sales Slip 1.9 Percent in First Quarter

Head N.V. said weak reorders of snowsports in Europe contributed to a 1.9 percent decline in net sales in the quarter ended March 31, but that sales fell across all five of its divisions…

Nordstrom’s Q1 Profits Climb 24 Percent

Nordstrom Inc. reported earnings in the first quarter rose 24 percent to $145 million, or 65 cents per share, from $116 million, or 52 cents, a year ago. Nordstrom's first quarter performance was at the high end of the company's internal plans,

Payless Expands Champion Activelite Minimalist Line

Payless ShoeSource announced the continued expansion of its Champion Activelite collection featuring minimalist shoe technology. The company said by making performance runners available for $35 it would “democratize” the minimalist running craze…

Kohl’s Raises FY EPS Outlook on Above-Plan Q1

Kohl's Corp.'s first-quarter profit rose 6%, to $211 million, or 73 cents a share, up from $199 million, or 64 cents a share, a year earlier. Last week, the company said it expected per-share earnings at the high end of the forecast of 68 cents

SRAM International Files for IPO

SRAM International Corp., the world's second largest maker of bicycle compoents after Japan's Shimano Corp., plans to go public, according to papers it filed with the Securities and Exchange Commission. SRAM S1 registration shows the company ha

Aetrex Opens First Concept Store

Aetrex Worldwide Inc. said it opened the doors to its first retail concept store in Englewood, N.J. The 2,400 square-foot store located in the heart of the town's shopping district will feature iStep Wave, Aetrex's digital foot scanning technol

Schutt Sports Bankruptcy Plan Confirmed

A federal judge has confirmed the Chapter 11 bankruptcy plan for Schutt Sports Inc. Creditors “overwhelmingly voted to accept the plan,” Chief U.S. Bankruptcy Judge Kevin J. Carey from Delaware said in his order on May 11, according to Bloomberg Businessw

ActionVillage.com Conducting Foreclosure Sale

ActionVillage.com, once a leading paintball online retailer, is closing its doors and liquidating its complete inventory, according to a listing on the Chicago Tribune's website…

Aldila Posts Q1 Loss as Sales Drop 30 Percent

Aldila Inc. the golf shafts manufacturer, announced net sales of $11.3 million and a net loss of $535,000, or 10 cents a share, for the three months ending March 31…

Former Circle System Group’s Execs Accused of Fraud

Two former executives of Circle System Group, based in Easton, PA, are facing federal fraud charges for allegedly defrauding schools, colleges and youth sports programs in northern New Jersey. Mitchell Kurlander of Allentown, PA, and father-in-law Alan Ab

O’Neill Promotes John Hunt to VP of Sales

O'Neill Clothing announced the promotion of John Hunt as new vice president of sales, overseeing the brand's national retail accounts and extensive sales support teams…