SGB Update Apparel
Second Annual First Day Hikes Set for New Year’s Day
America's State Parks announced that state park systems across the country will sponsor over 500 guided First Day Hikes on New Year’s Day 2013. When the event debuted last year, 14,000 participants logged over 30,000 miles on 400 hikes arranged
U.S. Retail Shrinkage Reaches $8.9 Billion
Retailers in the U.S. are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released today by the Centre for Retail Research. The study found t
Outdoor Industry Pressure Heads off Tariff Threat
The Obama Administration, in response to a swift and vocal campaign by the outdoor industry, lifted its opposition Friday to eight miscellaneous tariff bills (MTBs) that reduce import duties on certain specialty outdoor footwear products that have no viab
Quiksilver Opens Stores in Vail and Park City
Quiksilver opened in mid-November newly designed mountain concept stores in Vail, CO. and Park City, UT to emphasize its Wintersports Division's growing snow and technical apparel collections…
Genesco’s Q3 Profits Jump on Strong Comps at Journeys
Genesco Inc.reported earnings from continuing operations jumped 56.5 percent in the third quarter. Sales increased 7.8 percent to $664.5 million. Comparable store sales increased 4 percent for the company, with an 8 percent increase in the Journeys Group
Compass Diversified Holdings Names New CEO
Compass Diversified Holdings (CODI), which owns CamelBak Products and mountain bike components maker Fox, named a new CEO Friday to replace one who has been on a leave of absence pending an investigation by the Securities and Exchange Commission…
Bon-Ton Comps Down Slightly in November
The Bon-Ton Stores, Inc. reported comparable store sales in the four weeks ended Nov. 24 decreased 0.1 percent. Total sales decreased 0.8 percent to $301.3 million in the current year compared with $303.6 million in the prior year period…
Stein Mart Comps Surge 7.1 Percent in November
Stein Mart, Inc. (SMRT) reported comparable store sales for the four-week period ended Nov. 24, 2012 increased 7.1 percent. Total sales for the period were $109.8 million, an increase of 7.5 percent from $102.1 million in the same period in 2011…
LeBron Claims Top NBA’s Jerseys Spot
Reigning NBA Finals MVP LeBron James of the Miami Heat reclaimed the No.1 spot on the NBA top-selling jerseys list and the New York Knicks are the top-selling team for the first time since December 2004…
Costco Reports U.S. Comps Rose 6 Percent Ex-Fuel in November
Costco Wholesale Corporation reported net sales of $8.15 billion for the four weeks ended Nov. 25,2012, up nine percent from the similar four-week period last year. Excluding the impact of rising fuel prices and exchange rates, same-store sales in the Uni
TJX Same Store Sales Rise 3 Percent in November
The TJX Companies, Inc. reported sales for the four-week period ended Nov. 24 were $2.2 billion, up 7 percent over the $2.0 billion achieved during the four-week period ended Nov. 26, 2011. Consolidated comparable store sales for the four-week period incr
Kohl’s Comps Drop in November
Kohl’s Corp reported that for the four-week month ended Nov. 24, total sales decreased 4.9 percent and comparable store sales decreased 5.6 percent…
Zumiez Sees Modest BTS Growth
Zumiez Inc. reported sales for the third quarter increased 16.9 percent to $180.0 million from $154.0 million a year ago. Comparable store sales grew 3.7 percent on top of a comparable store sales increase of 6.0 percent in the third quarter of fiscal 201
Finish Line Partners with Sports Illustrated
The Finish Line, Inc. will exclusively offer the “Sports Illustrated Presents: Enduring Sportsmen” collectors issue free to customers who make a $75 purchase at all Finish Line stores starting Dec. 1, while supplies last. Also, customers who o
EVent Collaborates with Vegam to Supply Footwear Laminates to European Market
GE is collaborating with VEGAM—an Italian maker of laminates and fabrics—to bring air permeable and bi-component waterproof footwear fabrics using its award-winning eVent waterproof membranes to Europe…