SGB Executive

Backpacker’s Pantry Inks Deal with MEC

Backed by consumer demand for light-weight, gourmet meals, Backpacker’s Pantry has recently finalized a deal with Mountain Equipment Co-Op(MEC) to significantly ramp-up its presence in the Canadian-based outdoor stores. Consumer interest for a higher stan

Meads Appoints New Lands’ End Senior Team

New Lands' End, Inc. president and CEO Mindy Meads has nameed her senior management team following folowing her promotion that will take effect Feb. 1. Dennis Honan is the new COO, Bill Bass is SVP of e-commerce and VP/GM of Sears Customer Direct and

Survey Shows China Processes Improving; Price Still the Key

Global Sources Ltd. released a survey showing that 45 percent of professional buyers see an improvement in the quality control process in mainland China. While mainland China continues to offer buyers very competitive prices, buyers expressed concern abo

SIA: SnowSports Chain Store Sales Up 4.7% in November

Overall sales in dollars for the winter sports market for the August through November period, including specialty and chain stores, decreased slightly by 1.65% to $652 million according to the SnowSports Industries America (SIA) Retail Audit. Unit sales w

SIA: SnowSports Specialty Sales Fall 9.0% in November

Overall sales in dollars for the winter sports market for the August through November period, including specialty and chain stores, decreased slightly by 1.65% to $652 million according to the SnowSports Industries America (SIA) Retail Audit. Unit

Saucony to Exceed Previous Guidance for 2003

Saucony now expects net sales for the fourth quarter of 2003 to be approximately $31 million and earnings per share to be in the range of 14 cents to 17 cents, versus the preveiously guided range of 8 cents to 10 cents per share. The company also sees ear

GBMI Appoints Kaminsky NSM for XOXO

Global Brand Marketing, Inc. has appointed Scott Kaminsky to National Sales Manager of XOXO Footwear. Kaminsky will be responsible for all U.S. sales operations for XOXO Footwear and will be charged with managing the company's domestic revenue growth

Deckers Raises 2004 Guidance on Ugg Strength

Deckers believes that based on the heightened demand for the company's Ugg product line it is raising its fiscal 2004 sales guidance to a range of $133 million to $140 million versus its previous guidance of $126 million to $132 million. DECK is als

Vail Offers $350 million in Senior Notes

Vail Resorts intends to offer, subject to market and other conditions, $350 million in aggregate principal amount of senior subordinated notes. The interest rate, offering price, ultimate aggregate principal amount and other terms of the notes are to be d

Retailers Invest In Technology According to NRF

Retailers will participate in the surge of business spending expected this year, according to new research by the NRF Foundation and BearingPoint unveiled today at the NRF Annual Convention in New York. The study, “Retail Horizons: Benchmarks for 2003, Fo

Stage Stores December Comps Up 1.2% on 46.6% Sales Increase

Stage Stores reported that total sales for the five-week period ended January 3, 2004 increased 46.6% to $211.5 million from $144.3 million in the prior year five-week period ended January 4, 2003. Comparable store sales, which include results for the Pee

The Finish Line Swings to Q3 Profit on 25% Comp Store Gain

The Finish Line reported net income for Q3 was $2.2 million, or 9 cents per diluted share, versus a loss of $3.2 million, or 13 cents per diluted share in Q3 LY.
Net sales for the third quarter ended November 29, 2003 increased 37% to $202.0 million for

Mossimo’s Appeal In Cherokee – Target Case is Denied

Mossimo Inc.'s appeal of the June 17 Arbitration Award and Judgment (that was entered in Cherokee's favor by the Los Angeles Superior Court) was denied by the Court of Appeal for the 2nd District of California and reaffirmed in Cherokee's f