SGB Sports & Fitness

Pacific Sunwear Cuts Losses, Excluding Charges

Pacific Sunwear of California reported sales improved slightly in the second quarter, to $210.3 million versus net sales of $200.9 million for the second quarter of fiscal 2011 ended July 30, 2011. Comps were up 5 percent, thanks in part to new brands tha

Confluence Watersports Parent Refinances Recourse Debt

American Capital, Ltd., which has owned a controlling interest in Confluence Watersports since 2005, completed the refinancing of all of its recourse debt with a new four-year $600 million institutional term loan facility with J.P. Morgan Chase Bank, N.A.

Mountain Plus Outdoor Gear Makes Inc. 5000 List

Inc. magazine ranked Mountains Plus Outdoor Gear of Mercer Island WA 64th in retail (#24 in Seattle and #1301 overall) on the 2012 Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies…

J.P. Morgan Takes $45 Million Stake in Brazil’s Dafiti

Dafiti, Brazil's largest fashion e-commerce retailer, announced that J.P. Morgan Asset Management will invest $45 million (R$90 million) in the company. J.P. Morgan Asset Management will take a stake in Dafiti through a German holding company in an a

Nordstrom Introduces iPad App

Nordstrom, Inc. has launched a new iPad app to give customers a convenient and fun way to shop from Nordstrom using the device. The Nordstrom app is now available for free through the Apple iTunes store…

Foot Locker’s Q2 Profits Soar on 9.8 Percent Comp Gain

Foot Locker, Inc. reported earnings jumped 59.5 percent in the second quarter ended July 28, to $59 million, or 39 cents per share. Sales increased 7.2 percent, to $1.37 billion with comps ahead 9.8 percent. Excluding the effect of foreign currency fluct