SGB Executive

TJX Companies May Comps Increase 3.0%

The TJX Companies, Inc. reported May 2003 sales results. Sales for the four-week period ended May 31, 2003, were $975 million, up 10% over $884 million achieved during the four-week period ended June 1, 2002. Consolidated comparable store sales for the f

Nordstrom May Comps Store Sales Up 3.4%

Nordstrom, Inc. reported preliminary sales of $449.0 million for the four-week period ending May 31, 2003, an increase of 8.5% compared to sales of $414.0 million for the four-week period ending June 1, 2002. Same-store sales increased 3.4%…

The Bon Ton Sees May Comps Dip 0.9%

The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended May 31, 2003 decreased 0.9%.
Total sales for the month decreased 1.6% to $51.1 million versus $51.9 million reported for the same period last year…

Shoe Carnival May Comps Decrease 3.8%

Shoe Carnival, Inc. reported sales for the four-week period ended May 31, 2003 increased 7.3% to $39.6 million from sales of $36.9 million for the four-week period ended June 1, 2002. Comparable store sales decreased 3.8% for the month…

Former Wilson, Spalding Licensing Chief Launches Consulting Firm

Al Bender, Licensing Director for both the Spalding and Wilson sporting goods companies over the past 20 years, announces the formation of a marketing and licensing consulting company called The Catalyst Company [TCC], to assist sports brands and manufact

Grabber Names Marketing Coordinator

Grabber Performance Group announced the promotion of Steve Gingrich to Marketing Coordinator. Mr. Gingrich will be responsible for all aspects of marketing, advertising, sponsorship and promotions at GPG…

Zevo Golf Loses Out to Bigger Companies

Zevo Golf's clubs were known for their distance but the company's marketing came up short. Outgunned by bigger companies with much bigger advertising budgets, the Temecula, CA maker of golf clubs, drivers and accessories found itself in the

Pacific Trail to Run as Separate Operation

London Fog Industries will separate its three primary divisions–Pacific Trail, London Fog Trade and London Fog Factory Outlet Stores–into independently managed businesses. As FFI CEO, Bill Dragon will continue to direct and oversee all operations of th

Phoenix Will Report Q2 Charge Due to Shareholder Suit

Phoenix Footwear Group, Inc. has received a decision from the Superior Court in Penobscot County, Maine regarding the dissenting stockholders suit associated with Phoenix Footwear's March 2000 acquisition of the Penobscot Shoe Company. The Court det

Elder-Beerman May Comps Dip 0.3%

Comparable store sales for The Elder-Beerman Stores Corp. increased 1.5% for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002. Total store sales decreased by 0.3% to $42.6 million versus the same period last year…

New Balance to License Socks to Moretz

New Balance Athletic Shoe, Inc. has signed a license agreement with Moretz Sports for performance socks.
Effective January, 2004, Moretz Sports will manufacture, market and distribute New Balance performance socks in association with the New Balance sales

Former Reebok Exec Named Dollar General Chaiman

Discount retail chain Dollar General Corp. on Monday said it named Chief Executive David Perdue as chairman, as expected. The former Reebok Brand president joined the company on April 2 as CEO and a member of the board…

Puma’s Major Shareholder Sells Entire Stake in Company

Shares at Puma AG fell as much as 10% in early trading on Monday after major shareholder, Monarchy/Regency Enterprises, put its entire 39% holding up for sale. Puma said it has no plans to look for another majority shareholder to replace the entertainmen

Gold Toe Manufacturing Temporarily Interrupted

Gold Toe Brands (formerly Great American Knitting Mills) on Monday reported that manufacturing of their socks in Mexico has been interrupted due to a fire at one of their suppliers. The company is confident that this interruption will have minimal impac

Callaway Settles with ‘Big Easy’ Knockoff Sellers

Callaway Golf Company announced that Shirley Tsou and GolfCo in Brea, California, as well as Alex Mowry and National Golf Liquidators of Oceanside and Anaheim, California, have agreed to a permanent injunction prohibiting them from selling “Big Easy” golf