SGB Update Apparel
LED Lenser Signs As Official Lighting Sponsor of GoPro Mountain Games
LED Lenser, a unit of Leatherman Tool Group, Inc., has signed on as the Official Lighting Sponsor of the GoPro Mountain Games in Vail, CO taking place June 6-9, 2013…
Lululemon Lowers Guidance on Recall
Lululemon Athletica lowered its sales guidance for the first quarter after announcing a massive recall of a large portion of its yoga pants. The recall of the black yoga pants, which were unintentionally see-through, amounts to 17 percent of all women
Zoot Sports Appoints VP and General Manager
Zoot Sports, the maker of performance apparel, wetzoots, footwear and accessories, named Erik Vervloet as its vice president and general manager. Vervloet, who has worked as vice president of sports marketing for K-Swiss and most recently as chief marketi
Bikes Belong Coalition Recruits Retailers with Special Offer
Bicycle retailers interested in joining the Bikes Belong Coalition for the first time have until Sept. 20 to join for just $100…
Division Six Sports Appoints Chief Merchandising Officer
Division Six Sports, Inc., a wholesaler of branded off-price footwear, apparel, accessories and hard goods, has hired Robert Kimmell as chief merchandising officer and Alan Katz as national account manager…
Two Ten Footwear Foundation Launches First National “Footwear Cares” Community Service Week
Two Ten Footwear Foundation announced that 60 footwear organizations have united in the industry’s first-ever National Footwear Community Service Week, Apr. 21-27, which coincides with National Volunteer Week. Footwear companies around the nation ch
Lululemon Recalls Black Ultra-Sheer Yoga Pants
Lululemon Athletica plans to recall a large portion of its yoga pants because they were unintentionally see-through. The recall of the black yoga pants amounts to 17 percent of all women's pants sold in its stores…
Cabela’s Announces Positive Earnings Surprise on Eve of Annual Investor Day
Cabela’s dropped a few bombshells last week that sent its stock to a 52-week high. On Tuesday, it disclsoed that comp store sales had accelerated since December and are now expected to grow in the high teens in the first quarter. At its annual inves
Zumiez Expects Comps Decline to Accelerate in First Quarter
Zumiez Inc. said comps store sales in February were down 9 percent and that it now expects them to decline in the mid-single-digit range in the first quarter. The company forecasts comp store sales will increase for the full fiscal year, which began Feb.
REI to Open Sixth Store in Washington DC Region
REI (Recreational Equipment, Inc.) will open its sixth store in the Washington DC region in the Tysons area of McLean, Va. in August. The 32,800 square-foot, two-story store will be located at the southeast corner of Leesburg Pike and Chain Bridge Road.
Zumiez’s Q4 Profits Climb 22 Percent
Zumiez Inc., the action sports retailer, reported net income in the fourth quarter increased 22.1 percent to $22.9 million, or 74 cents per diluted share from net income of $18.7 million, or 60 cents, for the prior fiscal year. Comparable store sales for
SCARPA North America Names Sales Rep of the Year
SCARPA North America this week named Mystery Mountain Enterprises, and principal Michael Down, as its 2012 Sales Rep of the Year for racking up several consecutive seasons of sales and bookings growth in Western Canada…
Cabela’s Ups Q1 Comps Guidance to High Teens
Cabela’s share rose sharply Tuesday after it disclosed ahead of an investor conference that its comp store sales accelerated and are now expected to grow in the high teens in the first quarter…
Nielsen Puts Outdoor Retailer, Other Trade Shows Up for Sale
Nielsen Holdings NV has hired an investment banker to seek buyers for its trade show business, according to a report first published by Debtwire and picked up by The Wall Street Journal, Bloomberg and Reuters. Nielsen Expositions, which owns Outdoor Retai
Genesco Sues Visa Over Credit Card Breach
Genesco Inc., the parent of Journeys and Lids, has filed a lawsuit against Visa, charging the credit-card company with wrongfully taking more than $13 million as punishment for a data breach…
