SGB Update Apparel

Nordstrom’s Comps Climb 5.3 Percent in May

Nordstrom reported a 5.3 percent increase in same-store sales for the four-week period ended May 26, 2012 compared with the four-week period ended May 28, 2011. Preliminary total retail sales of $870 million for May 2012 increased 9.3 percent compared wit

Halfords Group Reports Cycling Sales Fell After Strong FY 2012

Halfords Group plc reported comparable store sales of cycling products within its Leisure segment grew 9.7 percent in the year ended March 30, but said such sales have since fallen off significantly in the United Kingdom and Ireland…

Dick’s SG To Open Run Specialty Concept

Dick's Sporting Goods announced plans to open a specialty running retail store, True Runner. The new store, located in the Shadyside section of Pittsburgh, will cater to running enthusiasts with best-in-class footwear, apparel, accessories and exper

Neiman Marcus Quarterly Profit Up 35 Percent

Neiman Marcus, Inc. said that for the 13 weeks ended April 28, the total revenuesr reached $1.06 billion compared to $983.8 million in the prior year. Comparable revenues increased 6.7 percent. Operating earnings for the third quarter of fiscal year 2012

Golfsmith Opens Store in San Antonio

The nation’s largest specialty golf retailer is swinging into San Antonio and opening the area’s largest experiential retail golf store. The newest Golfsmith location measuring 30,400 square foot facility is Golfsmith’s 12th Texas store

Skechers Performance Initiative Gaining Traction

Speaking at the B. Riley & Co Investor Conference, Skechers USA’s COO and CFO David Weinberg said Skechers new performance push, represented by its GOrun and GOwalk lines, are generally doing “quite well” with many other styles coming so

Collective Brands Q1 Profits Grow on Payless Rebound

Collective Brands, Inc., which in early May reached an agreement to be sold to Wolverine World Wide and a pair of private-equity firms, reported earnings improved 25.8 percent in its first quarter, particularly benefiting from an improved bottom line for

Dominion Riverrock Partners with Cudas Footwear

Dominion Riverrock has partnered with Cudas Footwear company, based in Ashland, VA. Cudas will sponsor two Riverrock events, the kayak boatercross event, taking place on Saturday, May 19 at 1pm and kayak freestyle event, taking place on Sunday, May 20…

Accell Group Completes Purchase of Raleigh Shares

Accell Group N.V. said it has completed the purchase of all issued shares in Raleigh Cycle Limited in a deal that dramatically bolsters the Dutch company's market share in North America and the United Kingdom for bicycles and bicycle parts & accesso

Aku Names Southeast Rep

Italian footwear maker Aku named Tom McCalla as its southeast sales rep. Starting immediately, McCalla will be covering all Aku sales in North Carolina, South Carolina, Tennessee, Georgia, Florida, Kentucky, Alabama and…