SGB Footwear

Tactical Holdings Acquires Massif Mountain Gear

Tactical Holdings and its equity partner, Golden Gate Capital, late last week completed an investment in Massif Mountain Gear Company. Massif manufactures and sells flame resistant performance technical apparel in the United States. Its primary customers

Weaker May Retail May be Prelude to Tough Second Quarter

There may have been a few lonely bright spots twinkling through the haze of a languid May for retailers, but results were largely disappointing as the retail market made it clear to economists and analysts that any hints of recessional relief are just tha

Golf Datatech: April Rounds Up 1.4%

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

Remington Acquires Dakota Arms

Remington Arms Company, Inc. through its fully owned subsidiary DA Acquisitions LLC, has entered into a purchase agreement to acquire certain assets of Dakota Arms, LLC including the Dakota, Miller Arms, Dan Walter and Nesika Bay Precision brands…

ISO Product Recall Standard Scheduled for 2012 Launch

Early meetings of the ISO project committee that will develop an International Standard for consumer product recalls took place last month in Kuala Lumpur, Malaysia. The standard is dubbed “ISO/PC 240,” and the commission decided on a publication target f

Bakers Footwear’s Comps Rise in May

Bakers Footwear Group Inc. said its same-store sales rose 3.1% in May. Overall for the four-week period ended May 30 rose slightly to $15.4 million from $15.1 million during the same period a year ago…

Tilly’s Opens 103rd Store

Tilly’s, the surf and skate chain, opened its 103rd location in Hamilton Mall in Mays Landing, NJ, and said it will open “numerous stores” in 2009. The openings will include locations in California, New Jersey, New York, and Virginia. Tilly’s will host it

Greenpeace Targets Athletic Shoe Makers

Greenpeace has launched a campaign aimed at several top-name shoe brands – including Adidas, Nike, Reebok and Timberland – claiming demand for leather may be supporting cattle ranches that are illegally de-treeing the Amazon…

Stage Stores Reports May Comps Slide 7.2%

Stage Stores, Inc. total sales for the four week May period ended May 30, 2009 decreased 4.7% to $116.8 million from $122.6 million in the prior year four week May period ended May 31, 2008. Comparable store sales decreased 7.2% this year versus an increa

Nordstrom Sees 13.1% Fall in May Comps

Nordstrom, Inc. had preliminary retail sales of $653 million for the four-week period ended May 30, 2009, a decrease of 8.7% compared with retail sales of $716 million for the four-week period ended May 31, 2008. Same-store sales for May decreased 13.1% c

J.C. Penney’s May Comps Decline 8.2%

J.C. Penney Co. Inc. reported comparable store sales decreased 8.2% for the four weeks ended May 30, slightly better than the company's guidance for sales to decrease 9% to 12% and compared to a 4.4% decrease last year. Total sales in May decreased 6

RECALL: REI Bicycles

After two reports of bicycle breakdowns causing a fractured clavicle, broken teeth, facial damage and head injuries, Recreational Equipment Inc. and the Consumer Products Safety Commission recalled the 2005 model Novara Trionfo bike today…