SGB Footwear

HandM Releases Urban Cycling Apparel Collection

Swedish clothing company Hennes & Mauritz AB (H&M) has partnered with East London’s Brick Lane Bikes, the United Kingdom’s first fixed-gear bike store, to create an 11-piece menswear collection designed for urban cyclists…

U.S. Retail Shrinkage Reaches $8.9 Billion

Retailers in the U.S. are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released today by the Centre for Retail Research. The study found t

Scheels to Open Store in Overland Park, KS

Scheels announced plans to open a store in Overland Park, KS. The two-story, 220,000-square-foot anchor store, at 135th Street and Metcalf Avenue, is scheduled to open in late June 2015…

Outdoor Industry Pressure Heads off Tariff Threat

The Obama Administration, in response to a swift and vocal campaign by the outdoor industry, lifted its opposition Friday to eight miscellaneous tariff bills (MTBs) that reduce import duties on certain specialty outdoor footwear products that have no viab

Compass Diversified Holdings Names New CEO

Compass Diversified Holdings (CODI), which owns CamelBak Products and mountain bike components maker Fox, named a new CEO Friday to replace one who has been on a leave of absence pending an investigation by the Securities and Exchange Commission…

Bon-Ton Comps Down Slightly in November

The Bon-Ton Stores, Inc. reported comparable store sales in the four weeks ended Nov. 24 decreased 0.1 percent. Total sales decreased 0.8 percent to $301.3 million in the current year compared with $303.6 million in the prior year period…

Stein Mart Comps Surge 7.1 Percent in November

Stein Mart, Inc. (SMRT) reported comparable store sales for the four-week period ended Nov. 24, 2012 increased 7.1 percent. Total sales for the period were $109.8 million, an increase of 7.5 percent from $102.1 million in the same period in 2011…

Target’s November Comps Down 1 Percent

Target Corporation reported that its net retail sales for the four weeks ended Nov. 24 were $6.18 million, a decrease of 0.1 percent from $6.19 million for the four weeks ended Nov. 26, 2011. On this same basis, November comparable-store sales decreased 1