SGB Sportsmans

Puma’s Earnings Expected to Decline in First Half

Puma lowered its earnings forecast for 2012 after profits in the first six months fell as a result of slowing sales in Europe. The company said that “despite continuous sales growth throughout the first half of 2012,” consolidated pre-tax and net earnings

Adidas to Close Only China Factory

Adidas AG has decided to close its only apparel factory in China as part of its plan to reconsolidate its global resources. The factory in China's coastal city of Suzhou will be closed at the end of October, the company told Reuters…

Samsonite Agrees to Buy High Sierra for $110 Million

Samsonite International S.A. , the world's largest luggage maker, reached an agreement to acquire all the assets of High Sierra Sport Company for $110 million cash. In a filing to the Hong Kong bourse, Samsonite said the acquisition would help enlarg

OBIT: Marvin Traub

Marvin Traub, a longtime retail executive perhaps best known for his role as president and CEO at Bloomingdale's, died July 11 at his home here. He was 87…

Michael Vick To Launch Apparel Line

The Wall Street Journal reports that Philadelphia Eagles quarterback Michael Vick will launch an apparel line called “V-7.” It will be sold exclusively at Modell's Sporting Goods stores through the end of the year…

Lowa Establishes Demo Center at Joe Dodge Lodge

Lowa Boots has partnered with the Appalachian Mountain Club (AMC) to open a Demo Center at the Joe Dodge Lodge in Pinkham Notch, NH. Hikers will be able to enjoy a day in Lowa boots at no charge and asked to fill out a questionnaire at the end of their hi

VF Outdoor Opens New Alameda Headquarters

VF Outdoor opened its new corporate headquarters on a 14-acre campus in Alameda, CA that is now home to The North Face, JanSport and Lucy. The project marks one of the largest construction projects ever undertaken by VF Corp. VF Outdoor is now one of the