SGB Sports & Fitness

Topo Athletic Names Chris Cohen VP of Sales

Topo Athletic, the new footwear startup being launched by Vibram USA's former CEO, Tony Post, named Chris Cohen vice president of sales. Cohen brings over 20 years of sales experience to the role, including 15 years in sales management; he’s he

The Finish Line Lowers Guidance on Weak Q3

The Finish Line, Inc. reported a small loss of $107,000, or less than 1 cent a share, in its third quarter ended Dec. 1. Comps were up 3.6 percent but came in below plan due primarily to a shift in athletic footwear trends and a less than favorable consum

Quiksilver’s McKnight to be Succeeded by Disney Exec

Robert B. McKnight Jr. will step down as CEO of Quiksilver Inc., replaced by former Disney and Nike executive Andy Mooney, according to a Wall Street Journal report. The management change will be effective Jan. 11. McKnight will become executive chairman.

Target’s December Comps Flat, Slightly Below Plan

Target Corporation reported that its net retail sales for the five weeks ended Dec. 29, were $10.2 billion, an increase of 0.8 percent from $10.14 billion a year ago. On this same basis, December comparable-store sales were essentially flat…

Ross Stores’ December Comps Increase 6 Percent

Ross Stores, Inc. reported that sales increased 11 percent to $1.276 billion for the five weeks ended Dec. 29, 2012, up from $1.149 billion in sales for the five weeks ended Dec. 31, 2011. Comparable store sales for the month grew 6 percent on top of a 9

TJX Lifts Q4 Guidance on Robust December Comps

The TJX Companies, Inc., which just acquired Sierra Trading Post, reported consolidated comparable store sales in December increased 6 percent over an 8 percent increase last year. The off-pricer raised its EPS guidance for the fourth quarter…