SGB Update Apparel

Billabong Agrees To Due Diligence With Naude’s Group

Billabong announced that a consortium led by Paul Naude, a board director and former head of Billabong’s Americas division, and New York-based private equity firm Sycamore Partners, has signed a confidentiality agreement with Billabong to pursue a t

Sierra Trading Post Acquired by The TJX Companies for $200 MM

Sierra Trading Post (STP), which has acted as a primary clearance outlet for outdoor sporting goods, has been acquired by The TJX Companies, Inc. The purchase price of approximately $200 million, or one times STP's annual sales, was paid in cash, fin

Amazon, Crocs, Lululemon Honored by NRF

The National Retail Federation named Amazon, Crocs, Kohl’s and lululemon as the recipients of its prestigious annual awards. Each company’s top ranking executive, will accept their awards during the Annual Retail Industry Luncheon at NRF&#8217

Kirk Nichols Joins Newton Running as VP of Sales

Newton Running, based in Boulder, appointed Kirk Nichols as VP of sales. A 20-year footwear-industry veteran, Nichols previously worked at Columbia Sportswear, Hi-Tec Sports and LaCrosse Footwear…

ShopperTrak Lowers Holiday Sales Forecast

ShopperTrak lowered its holiday sales forecast to 2.5 percent over last year — down from the 3.3 percent increase it projected in September. The firm cited heavy discounting and the impact of Hurricane Sandy…

AceCamp Opens U.S. Headquarters in Salt Lake City

AceCamp has opened its U.S. headquarters in Salt Lake City in a bid to establish a beachhead in the U.S. camping market. Founded 12 years ago, the Chinese company has offered its line of camping equipment and accessories in Europe since 2008…

Boardworks Surf Moving to Larger Headquarters

Boardworks Surf is moving their main offices and international headquarters from downtown Encinitas to a new, larger 15,000-square-foot location in Carlsbad, CA…

Nike Inc. Secures Tax Code Assurances from Oregon

During the special session of the Oregon Legislature on Dec. 14, Oregon legislators voted to provide Nike's assurances that the state's tax code will not change. Nike had informed Oregon Gov. John Kitzhaber prior to the session that other states

Li-Ning Becomes an Official Partner of the Miami Heat

Li-Ning Company announced it has become an official partner of the NBA Champion Miami Heat, effective immediately. The partnership is part of a comprehensive marketing program to support Wade, a new athletic footwear and apparel collection that Li-Ning re