SGB Executive

Precor has expanded its operations into Japan, with new offices in Tokyo and Osaka. The offices are located within existing Amer Sports offices, where Precor division manager Koji Akiya and his team are working closely with Amer finance and operations re

G-III Apparel Group, Ltd. reported net sales of $18.7 million for the three-month period ended April 30, 2003 compared to net sales of $12.7 million in the year-ago quarter. The company posted a net loss of $2.6 million, or $0.38 per share, for Q1 compar

Results from a just-released consumer spending study by leading market information company The NPD Group, Inc. indicate a significant increase in consumer optimism as measured by discretionary spending intentions for May – July, 2003. Fielded to NPD’s on

The National Retail Federation praised the tax cut bill signed into law Thursday by President Bush, saying the measure will boost the economy and create jobs.
“This tax-cut plan establishes a sound, three-pronged approach that will increase consumer sp

In the midst of a sluggish economy and challenging sales, retailers remain optimistic that there are brighter times on the horizon. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation (NRF) and the B

Retail sales of sporting goods, which reached $45.8
billion in 2002, are expected to grow 2% in 2003, according to the National Sporting Goods Association (NSGA). For 2003, sales of athletic and sports equipment, shoes and clothing are forecast to reach $

Russell Corporation has sold the SOUTHERN ATHLETIC trademark and related assets The L&L Group, which has licensed the brand since May 2002. The L&L Group, privately held and formed in 1948, owns Foremost Athletic, L&L Concession Co, Reach Athletic, and U

Costco Wholesale Corporation announced net sales for the third quarter of fiscal 2003 increased 11% to $9.34 billion from $8.44 billion during the third quarter of fiscal 2002. On a comparable warehouse basis, net sales increased 6%. Net income for the t

Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and 3rd Watch Footwear, announced today that it has hired industry veteran George Pugh as its Regional V.P. of Sales – Midwest, which is a new position…

U.S. sporting goods manufacturers managed to increase sales and profitability in 2002, despite the stagnant economy, by controlling costs and leveraging assets. That's the key finding of SGMA International's 20th Annual Study of Financial Pe