SGB Update Apparel

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…

Fundraiser Set for Utah’s First High School MTB League

The National Interscholastic Cycling Association will hold a fundraiser June 2 at Rice-Eccles Stadium at the University of Utah to raise money for the state's first high school mountain biking league. NICA reported that more than 300 students at 30 U

Summer Travel Outlook Brightens

For the second consecutive year, the outlook for summer travel continues to brighten with more than three in five U.S. adults (64%), or an estimated 154 million Americans, planning on taking at least one trip for leisure purposes during the next six month

Famous Footwear to Sponsor Sea to Shining Sea Cycling Tour

World T.E.A.M. Sports CEO and President Paul Tyler announced that Brown Shoe Company and its Famous Footwear retail stores have joined as sponsors of the second Sea to Shining Sea cross-country bicycle ride with wounded warriors from America's milita

MBT UK Falls into Administration

Masai GB Ltd, the UK distributor of MBT footwear, has confirmed that it has fallen into administration and has appointed Chris Laughton and Peter Godfrey-Evans of Mercer & Hole as joint administrators. The administration of the UK arm follows the filing f

U.S. Skier Visits Hit 20 Year Nadir

The National Ski Areas Association (NSAA) reported that this winter season resulted in 51 million skier visits in the United states, the fewest since 1991/92. This was in comparison to a record 60.54 million visits last year…

Return of Brands Fuels Q1 Comps Growth at Pacific Sunwear

Pacific Sunwear of California, Inc. reported broad improvements in the first quarter, including its first positive comps for both men’s and women’s since 2005, as sales accelerated in the back half of the period with the arrival of new brands,

Shoe Carnival Sees 7 Percent Q1 Comp Gain

Shoe Carnival, Inc. reported sales reached $222.6 million in its first quarter, a 12.2 percent increase compared to the first quarter last year. Growth in comparable store sales was 7.3 percent. Net earnings rose 11.1 percent to $11.0 million, or 54 cents

Zumiez Doubles First-Quarter Earnings

Zumiez Inc. reported net income surged 136.8 percent to $4.5 million, or 14 cents per share, from $1.9 million, or 6 cents, a year ago. Revenues increased 22.7 percent to $129.9 million from $105.9 million in the quarter ended April 30, 2011 (13 weeks). C