SGB Executive

Macy’s Sales Rise 2.6% to $1.8B in May

Macy’s, Inc. reported total sales of $1.80 billion for the four weeks ended May 29, 2010, an increase of 2.6% compared with total sales of $1.74 billion in the four weeks ended May 30, 2009. On a same-store basis, Macy’s, Inc. sales were up 1.

Dillard’s May Sales Slide 1%; Comps Flat

Dillard’s, Inc. said merchandise sales for the four weeks ended May 29, 2010 were $426.5 million compared to sales for the four weeks ended May 30, 2009 of $430.1. Total sales decreased 1%…

Bike Friendly State Rankings Unveiled

The League of American Bicyclists have unveiled their third annual Bicycle Friendly State (BFS) rankings. The top states were: Washington, Wisconsin, Maine, Minnesota and Oregon…

Tefron Undergoes Management Changes

Tefron Ltd. appointed Ilan Gilboa as executive vice president for operations and customer support. The company also announced the departure of Amit Tal as chief marketing officer, who has resigned and chosen to take a position with another company…

Americans Camped More, Spent Less in 2009

More Americans camped, hiked, biked and ran in 2009, but spent less on equipment in a bid to cope with the Great Recession, according to The 2010 Outdoor Recreation Participation Topline Report released by The Outdoor Foundation…

Cannondale and Bosch Target Electric Drive Market

Cannondale has teamed with German auto parts and consumer goods giant Bosch to become a leader in providing high performance electric drives for eBike, a rapidly growing segment in Europe…

Hibbett Sports Q1 Net Surges on 15% Comp Sales Gain

Hibbett Sports, Inc. reported net sales increased 17.0% to $184.5 million for the 13-week period ended May 1, compared with $157.7 million for the prior-year quarter. Comparable store sales increased 14.5% for the period. Net income for the first quarter

Perry Ellis’s Q1 Earnings Increase Two-Fold

Perry Ellis International reported earnings more than doubled in the first quarter to $11.2 million, or 81 cents a share, from $5.8 million, or 46 cents, a year ago. Total revenues were $220.3 million compared to $220.0 million reported in the prior year

Mattingly Sports to Hold Baseball Camps

Mattingly Sports, the baseball and softball equipment company founded by MLB legend Don Mattingly, will be offering a series of instructional youth baseball and baseball/softball combination camps around the country this summer…

Mavic Names National Sales Manager

Mavic announced the promotion of Larry Burke to the newly created position of national sales manager for Mavic Inc. Burke will be responsible for managing both aftermarket sales for the USA and OEM sales for North America…

Freedom Group Q1 Sales Decline on Eve of IPO

Freedom Group Inc., which is preparing for an initial public offering, reported net sales of $174.2 million for the quarter ended March 31, down $18 million, or 9.4% from the same period a year earlier, according to unaudited financial figures released i

Confluence Watersports Makes Changes to Marcomm Team

Confluence Watersports has expanded its marketing department, allowing for an intensified focus on social media efforts for each of its brands. Confluence Watersports marketing communications operation now spans seven websites, three branded communities,

Foot Locker’s Q1 Earnings Vault 74%

Foot Locker, Inc. reported earnings surged 74.2% in the first quarter to $54 million, or 34 cents per share, compared with net income of $31 million, or 20 cents, a year ago. Sales increased 5.3% to $1.28 billion from $1.22 billion. First quarter comparab