SGB Executive

Pure Fishing Continues Partnership With BoatUS Collegiate Program

Pure Fishing, the parent company of Berkley, Abu Garcia and All Star, said it will partner with BoatUS for the National Collegiate Bass Fishing Championship. This marks the third year for the partnership and continuing dedication by Pure Fishing to the co

ComScore: Cyber Monday Sales Increase 5%

ComScore reported that online retailers racked up $887 million in sales on Cyber Monday, up 5% from last year. The amount is the highest single-day online spending on record after Dec. 9, 2008, when consumers splurged the exact same amount.

Cycle Force Group Inks Tour de France Licensing Deal

Under a new licensing agreement, Cycle Force Group will offer a full range of Le Tour de France bicycle, parts and accessories beginning in Spring 2010 in North America, United Kingdom and Europe. Distribution will be through mass retailers, sporting good

REI Launches First Ever Television Commercials

REI (Recreational Equipment, Inc.) said it is launching two commercials in select cities that mark the company’s foray into broadcast advertising. The advertisements, created by BBDO Atlanta, run in eight cities from November 30 through December 24

Black Friday Deals Generate Increased Traffic

The 2009 Holiday shopping season kicked off with what appeared to be large increases in traffic for many retailers, but that traffic apparently resulted in less sales than expected for many. Early indications are that consumers got out early to snap up t

European FW Importers Upbeat on EC Vote

As expected, the European Commission Anti-Dumping Advisory Committee voted 15 to 10 last week against renewing anti-dumping duties set to expire this year for leather footwear from China and Vietnam…

DSW Q3 Earnings Double; Women’s Boot Comps Surge Nearly 50%

Boosted by sharp sales and margin growth, DSW Inc.'s third quarter earnings doubled and blew past Wall Street expectations. Earnings reached $26.6 million, or 60 cents a share, up from $13.2 million, or 30 cents, a year ago. The Street's consens

Famous Footwear’s Operating Net Jumps in Third Quarter

Famous Footwear's operating profits jumped 43% in the third quarter to $28.6 million from $20 million a year ago. Sales improved 7.3% to $389.2 million with the help of a 4.7% comp gain and ten more stores versus Q3 last year…

Adidas Urged to Keep NBA Uniform Production in USA

Senator Charles Schumer (D-N.Y.) urged adidas AG to maintain its NBA jersey production at American Classic Outfitters Inc. in Perry, NY, rather than ship the work overseas. According to reports, Adidas had notified its U.S-based manufacturers — including

NSGA Study: Female Fitness Participation Grows

Among the 39 sports surveyed by the National Sporting Goods Association (NSGA), exercise walking, swimming and exercising with equipment attracted the greatest number of female participants seven years of age and older in 2008, according to data in the As

Blacks Leisure Creditors Support Rescue Plan

Creditors of Blacks Leisure Group have settled on a rescue plan that should allow the company to stay in business. The company, which runs the Blacks Outdoor and Millets chains, said its proposal for a company voluntary arrangement (CVA), an insolvency pr