Tag: Trade

Jones Group Cuts Q4 Outlook

January 11, 2012 SGB Update

The Jones Group Inc. said adjusted and reported fourth-quarter revenues will be in the range of $892 million to $895 million versus previous guidance of $918 million to $961 million. Adjusted and reported gross profit margin is estimated to approximate 35

Sims Launches New Campaign

January 11, 2012 SGB Update

Sims, the snow brand, is celebrating its 35th anniversary during the 2011-2012 snow season with a new campaign, called “SIMS Did It First.” which highlights 20 Sims product innovations that changed the sport of snowboarding forever. Sims “Firsts” include

Reef Reorganizes Men’s Apparel Structure

January 10, 2012 SGB Update

Reef announced the promotion of Eric Gigler to design and merchandising director as Greg Osthus transitions to the newly added role of director of sales, apparel. The strategic changes are intended to position the growing men's apparel line for conti

Kohl’s Cuts Guidance After Tough December Sales Results

January 5, 2012 SGB Update

Kohl's Corporation reported that for the five-week month ended Dec. 31 total sales increased 1.7 percent and comparable store sales decreased 0.1 percent. Year to date, total sales increased 2.3 percent and comparable store sales increased 0.5 perce

Washington State Parks Slashes Ranger Positions

January 3, 2012 SGB Update

Washington State Parks Department will slash 83 of its 189 ranger jobs by February, because fewer people than expected are forking over $30 for a new Discovery Pass that was supposed to make up a huge shortfall in state funding, according to a report by

Jeff Lowe Named Honorary President at Lowe Alpine

January 3, 2012 SGB Update

Lowe Alpine Ltd., maker of innovative backpacks and outdoor accessories is pleased to announce that Jeff Lowe, iconic alpinist and industry pioneer, will once again join the brand, this time in an non-executive role as Honorary President. The move marks a

Scott Sports Acquires Syncros

January 3, 2012 SGB Update

Scott Sports announced it will shift gears in the aftermarket bike accessories business and take over the Syncros brand to become a major supplier in the parts and accessories market…

Yue Yuen 2011 Profits Slip on 21.7 Percent Sales Gain

December 30, 2011 SGB Update

Yue Yuen Industrial (Holdings) Limited's said net profits declined 6.2 percent in the year ended Sept. 30 on a 21.7 percent increase in revenues, which reached $7.04 billion as rising raw material costs and factory wages pressured margins. The world&

IBM: Online Sales Jump for Christmas, ‘Mega-Monday’

December 29, 2011 SGB Update

The IBM Coremetrics Benchmark shows that online sales rose sharply on Christmas Day as well as on the day after Christmas. Dubbed “Mega-Monday” by many retailers because Dec. 26 fell on Monday this year, IBM officials said online sales grew 27.8 percent o

Jetboil Promtes Insiders to COO and RandD Posts

December 23, 2011 SGB Update

Jetboil promoted Steven Brooks to the post of chief operating officer and John Peretti to the position of director of research and development. Brooks had served as chief financial officer and Peretti as product programs manager at the company…

Under Armour Signs Clippers’ Deandre Jordan

December 21, 2011 SGB Update

Under Armour announced a multiyear partnership with DeAndre Jordan. In his third season in the NBA, Jordan had his best statistical year and played a key role in the resurgence of the Los Angeles Clippers…

Bemis Associates Appoints Director of Marketing

December 14, 2011 SGB Update

Bemis Associates Inc. appointed Tom Mendl as director of marketing for apparel and footwear. He joins Bemis with over 20 years of outdoor sports industry experience. Most recently Mendl served as the director of sales and marketing for Vibram China, where

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