Tag: Trade

JD Sports Acquires Ireland’s Champion Sports

January 31, 2011 SGB Update

JD Sports Fashion, the U.K. retailer, has agreed to acquire the Irish store chain Champion. JD Sports also agreed to advance €17.1 million ($23.4 mm) as a secured loan to allow Champion's outstanding debts to be settled…

Brunswick Corp. Sees Top Line Up 11% in Q4; Narrows Loss

January 31, 2011 SGB Update

Brunswick Corp. fourth quarter sales improved 10.9% to $728.8 million from $657.3 million in the prior-year period. The company’s net loss narrowed to $104.1 million, or $1.17 per share, compared to a loss of $124.0 million, or $1.40 per share, in t

Columbia Sportswear Posts Strong Q4 Results

January 31, 2011 SGB Update

Capping off a comeback year in 2010, Columbia Sportswear reported revenues surged 27.6% in the fourth quarter to $457.3 million. Earnings rose 13.4% to $26.2 million, or 77 cents a share for the quarter. The 19.2% full-year revenue gain to a record $1.48

Duofold Parent Stung by Rising Cotton Costs in Q4

January 31, 2011 SGB Update

HanesBrands Inc., the parent of Duofold and Champion, said that while it's gaining market share across several categories, higher cotton costs and higher expenses to service sales growth depressed fourth quarter earnings…

Reef Adds Surf Endorsers

January 27, 2011 SGB Executive SGB Update

Reef announced the official addition of seven athletes to its team of footwear sponsored surfers. Joining surf icons Rob Machado and Mick Fanning, Reef has signed Conner and Parker Coffin from Santa Barbara, Luke Davis from San Clemente, Ford Archbold fro

Polo Ralph Lauren to Sponsor USGA

January 27, 2011 SGB Update

The USGA (United States Golf Association) has reached a five-year agreement with Polo Ralph Lauren designates the company as the official apparel outfitter for the USGA and the US Open…

Grassroots Outdoor Alliance Moves Summer Show to Ogden

January 25, 2011 SGB Update

The Grassroots Outdoor Alliance is moving its its 2011 Summer Show from Snowbasin to the Ogden/Weber Convention & Visitors Bureau, according to a report by Utah Business. While the show has outgrown facilities at Snowbasin, it also further validates the C

Fleet Feet Surpasses $100 Million in 2010

January 24, 2011 SGB Update

Wrapping up another stellar year, Fleet Feet Sports, Inc. revenues for the Fleet Feet Sports franchises surpassed $100 million in 2010 for the first time and marked the seventh straight year of double digit comp store gains…

Forzani Sees Winter Weather Boost Holiday Comps

January 24, 2011 SGB Update

The Forzani Group Ltd., Canada's largest sporting goods chain, reported retail system sales for the 10-week period ended Jan. 9 rose 6.5% as cold weather boosted holiday sales. Total retail system sales – retail sales from both corporate and franchis

American Smooth Wave Acquires Shoe Brand Ailibao

January 24, 2011 SGB Update

American Smoothwave Ventures, Inc., based in Palm Desert, CA, has acquired Ailibao International Investment Limited, a British Virgin Islands company. Through its PRC subsidiaries and controlled companies, Ailibao International Investment Limited designs

NRF: Store Expansion High on Agenda for 2011

January 20, 2011 SGB Update

Retailers in 2011 will be intent on actively growing their businesses and improving customer insight capabilities, in addition to continuing efforts begun during the economic downturn to stabilize operating costs and focus on financial discipline, accordi

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