SGB Update Apparel
Lorpen Announces Management Reorganization For North American Office
Lorpen reshuffled responsibilities at Lorpen North America in a bid to maximize company growth…
OIA Challenges Proposal to Sell Public Lands to Pay Down Deficit
Outdoor Industry Association (OIA) voiced concern over proposals by U.S. Representatives from Utah and New Mexico that the federal government sell public lands to help pay down the deficit…
Reebok Cuts Jobs in Organizational Restructuring
Reebok International Ltd. is eliminating about 65 positions at its Canton, MA headquarters as part of a global reduction. In all, 150 jobs were reportedly eliminated as part of the global restructuring that included closing of its European office in Amste
Competitor Group Announces New Ownership
Competitor Group, Inc. (CGI), the organizer of the Rock ‘n’ Roll Marathon Series, the leading active lifestyle sports media and event entertainment company, announced that Calera Capital, a middle-market private equity firm, in partnership with
Iconix Completes Acquisition Of Umbro
Iconix Brand Group, Inc. completed the acquisition of the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash…
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
