SGB Update Apparel
SGMA Examines GOP Platform’s Impact on Sports Industry
Bill Sells, SGMA’s vice president of government relations, has reviewed the Republican Party’s 40+ page platform and has provided his analysis of what the GOP plans to do if it wins the race for the White House in November. “Overall the Republ
Sears Holdings to Spin Off Sears Hometown, Outlet Stores, Inc.
The Sears Holdings Corporation board of directors approved the rights offering transaction pursuant to which Sears Holdings intends to effect the separation of its Sears Hometown and Outlet Stores, Inc. subsidiary. Sears Holdings will cease to have any o
Target’s August Comps Climb 4.2 Percent
Target Corporation reported that its net retail sales for the four weeks ended August 25 were $5.5 million, an increase of 4.7 percent from $5.3 million for the year-ago period. August comparable-store sales increased 4.2 percent…
Kohl’s Comps Up 3.4 Percent in August
Kohl’s Corporation reported that for the four-week month ended August 25, total sales increased 5.3 percent and comparable store sales increased 3.4 percent over the year-ago . Year to date, total sales increased 1.1 percent and comparable store sal
Billabong’s New CEO Unveils Turn Around Strategy
Three months after taking the helm at Billabong International Limited, Managing Director and CEO Launa Inman laid out plans to reduce SKUs by 15 percent this year and close 130 stores, but said returning Billabong to prior profitability levels will take u
Skechers Signs Cuban, Montana, Lasorda for Shoe Line
Skechers USA, Inc. signed marketing agreements with Mark Cuban, Joe Montana and Tommy Lasorda for the global launch of its new Relaxed Fit from Skechers footwear collection for men…
Champs Sports Launches e-Zine for Teens
Champs Sports is launching a new app-based e-zine called SWAG (Stylish Ways to Acquire Game), giving teen athletes and fans an inside look at the lives and interests of their favorite athletes and the people who influence sports culture…
Clerical Workers Resume Labor Talks with West Coast Shipping Lines
Labor talks between the Office Clerical Union (OCU) at the ports of Long Beach and Los Angeles resumed at 1 pm Wednesday, averting a work stoppage that could have slowed the flow of 40 percent of the container goods imported to the United States from Asia
E-Bike Boom Bypasses Germany’s IBDs
Germany's indepedent bike dealers have been largely bypassed by the e-bike boom because they lack the finances and the space to stock and display the vehicles, according to a report released by the country's bicycle retailing association VDZ on
Mainland Headwear’s 1H Profits Soar Despite Labor Shortages
Mainland Headwear Holdings Limited, which is a leading supplier of headwear to New Era, said profits surged in the six months ended June 30 on essentially flat sales as it began making higher margin products and launching efficiency intiatives. Even so, l
Student Conservation Association Lands $500,000 Grant
The Student Conservation Association (SCA) has received a $500,000 grant from the S. D. Bechtel, Jr. Foundation to expand its engagement of underrepresented Bay Area youth in environmental education, conservation service, and community stewardship…
Group Rossignol USA Promotes Steele to President’s Post
Ron Steele, formerly vice president of sales and marketing for Rossignol USA, has been promoted to president of Group Rossignol North America to replace Tim Petrick, who left to take a top position at K2 Sports. Petrick had held the post since January 201
Sports South Names Frederick President
Sports South, L.L.C., a leading distributor of arms, ammunition and accessories, has named Walter Frederick as president. Frederick previously served as executive vice president…
Finish Line Appoints VP, Digital Technology
The Finish Line, Inc. announced that Harvey Bierman has joined the company as vice president, digital technology. Bierman has more than 20 years of retail experience, including an extensive background in the footwear industry. He comes to Finish Line afte
Callaway Golf Company Announces Refinancing
Callaway Golf Company announced that the company entered into separate, privately-negotiated exchange agreements under which it will issue $63.2 million in aggregate principal amount of new 3.75 percent Convertible Senior Notes due 2019, and 5.9 million s
