SGB Footwear

New Backwoods Owner Posts Loss

April 25, 2008 SGB Update

Nitches, Inc., which recently acquired the Backwoods outdoor chain, reported sales increased 13.1% in the second quarter ended Feb. 29, to $16.1 million from $14.3 million a year ago. The San Diego-based company posted a net loss of $1.9 million for the q

Hydrapak Hires Sales and Service Support

April 24, 2008 SGB Update

Hydrapak appointed Jim Vernon as its new Sales Coordinator and David Kim the new Service Coordinator. Together they will help assist with the increased sales and communication activity created by the rapid growth of the Hydrapak brand in hydration packs a

TaylorMade-adidas Golf Names VP for Biz Development

April 24, 2008 SGB Update

TaylorMade-adidas Golf Company named Pete Sanchez vice president of business development for TaylorMade Golf. Sanchez comes to TaylorMade from Fujikura Composites, where he served as president and chief operating officer since 2001…

TomTom Sales Fall 10.8% in First Quarter

April 24, 2008 SGB Update

Netherlands-based TomTom said its revenues fell 10.8% to €264 million ($395.5mm) in the first quarter, compared to €296 million ($387.8mm) in the same period a year ago. The company said it expects Europe and North American PND markets will grow by more

Cybex Hits Double-Digit Growth Goals in Q1

April 23, 2008 SGB Update

Cybex International, Inc. said net income grew 18% in the first quarter ended March 29 on a 15% increase in net sales. CEO John Aglialoro said margins had improved from the fourth quarter, but that he was prepared to cut costs in coming quarters if needed

GSIC Could Lose Money from Operations in Fiscal 2008

April 23, 2008 SGB Update

GSI Commerce Inc. lowered its fiscal 2008 guidance for income from operations to a range of -$1.5 million to $1.5 million, from $3 million to $6 million forecast in mid-February. The e-commerce company said its loss from operations more than tripled to $1

Singtex to Build bluesign-Compliant Facility

April 22, 2008 SGB Update

Singtex Industrial Co., LTD, Taiwan has signed a contract to perform bluesign screening within its new dyeing and finishing facility with bluesign technologies ag. Singtex will rely on the bluesign standard in managing all environment, health and safety i

Native Partners with Recreational Boating and Fishing Foundation

April 22, 2008 SGB Update

Native Eyewear has entered a partnership with the Recreational Boating and Fishing Foundation to help promote the Anglers Legacy “Take the Pledge” program. This program asks avid anglers to take at least one new person fishing each year and share their p

NRF: Mother’s Day Spending to Fall Short of 2007

April 22, 2008 SGB Update

Mother’s Day might not be as rosy for mom this year, with consumers planning on scaling back on the quantity of gifts they buy for the holiday. According to NRF’s 2008 Mother’s Day Consumer Intentions and Actions Survey, conducted by BIGresearch, consumer