SGB Update Apparel

Nordstrom’s Comps Jump 7.1 Percent in April

Nordstrom, Inc. reported a 7.1 percent increase in same-store sales for the four-week period ended April 28, 2012 compared with the year-ago period. Preliminary total retail sales of $802 million for April 2012 increased 10.5 percent compared with total r

TaylorMade-Adidas Golf Boasts 32 Percent Q1 Revenue Gain

TaylorMade-Adidas Golf announced record sales of $508 million globally in the first quarter of 2012, a 32 percent increase on a currency-neutral basis over the prior year. TaylorMade's statement came out the same day that its parent, Adidas Group, po

Virginia Tech Releases Football Helmet Safety Ratings

A football helmet safety ratings evaluation conducted by Virginia Tech has ranked adult football helmets for their ability to reduce the risk of concussion. The 2012 ratings were released on May 1, and three helmets received the highest mark of 5-stars: t

March Golf Rounds Continue Strong

According to Golf Datatech, golf rounds played on a national level were up 29.5 percent in March 2012 over March 2011. The biggest regional jumps came in the Mid Atlantic, New England, East North Central, and West North Central…

Candian Tire Charity Launches $2M Fundraiser

Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa

Grassroots Outdoor Alliances Funds Outdoor Nation Grant

The Grassroots Outdoor Alliance joined forces with Outdoor Nation to launch a new activation grant program that will provide $10,000 to four innovative ‘grassroots’ projects that get young people outdoors and active. Only employees of the more

Big 5’s Q1 Comps Dip 2.9 Percent, Hurt by Mild Weather

Big 5 Sporting Goods Corp. reported that sales slid 1.2 percent in the first quarter, to $218.5 million from $221.1 million a year ago. Same store sales decreased 2.9 percent for the first quarter of 2012. The company's first quarter sales were negat

Adidas Marketing Exec Sent to Prison in Fraud Scheme

Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde

Vail Resorts Lift Ticket Revenue Down Sligthly

Vail Resorts, Inc. reported season-to-date total lift ticket revenue at the company's six mountain resort properties, and including an allocated portion of season pass revenue for each applicable period, was down approximately 0.3 percent through Apr