SGB Update Apparel

Nordstrom’s Q4 Earnings Up Sharply

Nordstrom, Inc. reported a 26 percent increase in earnings per diluted share of $1.40 for the fourth quarter ended Feb. 2, 2013 compared to $1.11 per diluted share for the same quarter last year. Net sales in the fourth quarter were $3.6 billion, an incre

Foot Locker to Ramp Up Capital Spending in 2013

Foot Locker, Inc. announced that its the board of directors approved a $220 million capital expenditure program for 2013, a significant increase over the approximately $163 million spent in 2012. The company plans to invest in its many growth opportunitie

MTRiP Reports Reservation Spikes at Western Mountain Resorts

According to the most recently released data by the Mountain Travel Research Program (MTRiP), actual occupancy as well as reservations for the coming six months increased in January due to an improving economy and snowfall.

Umbro Off to Strong Start for Iconix Group

On its fourth-quarter conference call, Iconix Brand Group indicated it’s marking a quick transition period for Umbro, the soccer brand acquired from Nike Inc. in December…

CalPERS To Sell Stock in Gun Manufacturers

CalPERS on Tuesday moved to unload $5 million worth of investments in Smith & Wesson and Sturm Ruger and follows the Dec. 14 shootings in Newtown, CO…

Rider Sandals Expands Marketing Efforts

Rider Sandals, The Sole of Brazil, is increasing its marketing efforts in 2013 with a new spring ad campaign as well as the hiring of a PR firm to increase awareness among target dealers and consumers…

Portland Startup Accelerator Program Accepting Applications

The Portland Development Commission began accepting applications on Feb. 14 for Startup PDX: Challenge, a new initiative to connect startups to all Portland has to offer. Sporting goods startups are encouarged to apply…

PGA TOUR Superstore To Open Its First Superstore In SoCal

PGA Tour Superstore announced its second store on the West Coast will be in Irvine, CA. The 50,000 square-foot superstore, located in the Alton Marketplace Shopping Center at Santa Ana Freeway I-5 and Technology Drive, is scheduled to open later this year

Take Me Fishing Award Winners Receive Seed Grants

Outdoor Nation and the Recreational Boating & Fishing Foundation (RBFF) awarded 10 seed grants worth $2,500 each to community-based, youth-led projects aimed at reconnecting Millennials to the outdoors…

Kokatat Outfits Second Ikkatsu Project Expedition

In June 2013, Kokatat-supported team Ken Campbell and Steve Weileman will embark on the next phase of the Ikkatsu Project to the volcanic island of Augustine in south-central Alaska. Campbell and Weileman will complete systematic beach surveys in an effor

Lenzing Building Jumbo Tencel Plant in Austria

Lenzing is constructing a jumbo Tencel production line at its plant in Lenzing, Austria that will go into operation in 2014. Tencel fiber's moisture management properties make it an attractive fiber for use in sportswear, outerwear, and technical tex