SGB Footwear

MBT UK Falls into Administration

Masai GB Ltd, the UK distributor of MBT footwear, has confirmed that it has fallen into administration and has appointed Chris Laughton and Peter Godfrey-Evans of Mercer & Hole as joint administrators. The administration of the UK arm follows the filing f

U.S. Skier Visits Hit 20 Year Nadir

The National Ski Areas Association (NSAA) reported that this winter season resulted in 51 million skier visits in the United states, the fewest since 1991/92. This was in comparison to a record 60.54 million visits last year…

New Stores, Strong Comps Fuel Zumiez First Quarter Sales

Zumiez Inc. reported revenues increased 22.7 percent to $129.9 million in the quarter ended April 30, 2011, driven by the addition of 48 new stores and comparable store sales growth of 12.9, which reflected 50.9 percent growth in e-commerce sales…

West Marine Taps REI Exec As CEO

West Marine, Inc.'s last week tapped an executive who played a key role in growing private label and multi-channel sales at outdoor specialty retailer Recreational Equipment Inc. (REI) as its new president and CEO…

Zumiez Doubles First-Quarter Earnings

Zumiez Inc. reported net income surged 136.8 percent to $4.5 million, or 14 cents per share, from $1.9 million, or 6 cents, a year ago. Revenues increased 22.7 percent to $129.9 million from $105.9 million in the quarter ended April 30, 2011 (13 weeks). C

Redcats Names New CEO at The Golf Warehouse

Redcats USA appointed Jonathan (Jon) Bernstein CEO of The Golf Warehouse, effective immediately. Bernstein has been named to the Redcats USA executive team and will be located in Wichita, KS, the home of The Golf Warehouse. He will report to Jay Berlin,