SGB Footwear

Adidas Sees Currency Fluctuation Risks

In an interview with Bloomberg Television in Wiesbaden, Germany, Adidas AG Chief Executive Officer Herbert Hainer said currency fluctuations are the biggest risk for Adidas’s business in 2009. Hainer particularly cited the declining value of the ruble&#03

Sporting Goods Exempted From Phthalates Ban

According to the Consumer Product Safety Commission, sporting goods (except for toy versions of a sporting good) are exempted from the definition of a toy and not subject to the ban on phthalates in toys. CPSC also said exempted bicycles, playground equip

Siegel Returns to Lacoste

Devanlay SA announced the appointment of Robert Siegel as CEO of Devanlay U.S. Inc., the licensee for Lacoste branded apparel in the U.S. He replaces Robert Skinner, Jr., who has resigned due to differences with the Board…

Feedback Sports Acquires Ultimate Bike Support

Feedback Sports LLC has acquired Ultimate Bike Support, the bicycle division of Fort Collins, Colo.-based Ultimate Holdings. Feedback Sports, headquartered in Golden, CO, manufactures a line of scales and tools for bicycle mechanics, cyclists and outdoor

National Golf Rounds Played Drops 6.8% in December

The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic

Gottschalks Posts Strong January Comps Increase

Gottschalks Inc. reported same store sales for the month of January increased 13.3% over the same month last year. Total sales for the four-week period increased 10.6% to $33.3 million compared to $30.1 million in the same period of fiscal 2008…

Kohl’s Posts 13.4% Drop in January Comps

Kohl’s Corporation saw a 9.0% decline in net sales for the month of January to $720.3 million from $791.4 million last year. On a comparable store basis, sales decreased 13.4%. Total sales for the year decreased 0.5% from the prior year. On a comparable s

Costco Comps Slip 2% in January

Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw

Ross January Comps Decline 2%, Raises Q4 Guidance

Ross Stores, Inc. reported sales for the four weeks ended Jan. 31, 2009 of $365 million, a 4% increase over the $350 million in sales for the four weeks ended Feb. 2, 2008. Same store sales for the four weeks ended Jan. 31, 2009 declined 2% compared to th

Stage Stores January Comps Fall 13.1%

Stage Stores, Inc. said total sales for the four-week period ended Jan. 31, 2009 decreased 9.4% to $74.4 million from $82.1 million in the prior year four week period ended Feb. 2, 2008. Comparable store sales for the month decreased 13.1% versus an incre