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

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…

TJX Same Store Sales Rise 3 Percent in November

The TJX Companies, Inc. reported sales for the four-week period ended Nov. 24 were $2.2 billion, up 7 percent over the $2.0 billion achieved during the four-week period ended Nov. 26, 2011. Consolidated comparable store sales for the four-week period incr

Kohl’s Comps Drop in November

Kohl’s Corp reported that for the four-week month ended Nov. 24, total sales decreased 4.9 percent and comparable store sales decreased 5.6 percent…

Gildan’s Q4 Profits Nearly Double

Gildan Activewear Inc. announced record financial results for the fourth quarter of its 2012 fiscal year, and initiated earnings guidance for fiscal 2013 which continues the positive trends from the fourth quarter and reflects a projected strong recovery

Zumiez Sees Modest BTS Growth

Zumiez Inc. reported sales for the third quarter increased 16.9 percent to $180.0 million from $154.0 million a year ago. Comparable store sales grew 3.7 percent on top of a comparable store sales increase of 6.0 percent in the third quarter of fiscal 201

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…