SGB Update Apparel
Adidas Sees Olympic Boost
Benefiting from its sponsorship of the the London 2012 Olympic Games, Adidas said sales in the UK for the Adidas brand were up 24 percent currency-neutral for the first half of 2012, spurred by demand for Olympic and Team GB products. Olympic license prod
Judge Preapproves Nationwide Skechers Settlement
Preliminary approval in the Skechers' settlement was reached Monday in U.S. District Court in Louisville, according to the Associated Press. Under the terms, people who bought a Skechers toning shoe can get about $80 per pair…
Spy Inc. Halves Losses on Continued Growth of Spy Brand
Spy Inc. nearly halved its loss in the second quarter on a $500,000, or 5 percent, increase in net sales, which reached to $9.5 million. The company said the results showed its turn around strategy, which has involved divested licensed brands to focus on
Penney Logs Loss in Q2
J.C. Penney Co. Inc. reported an adjusted net loss in the second quarter of $81 million or 37 cents per share, excluding restructuring and management transition charges, inventory transition markdowns, gain on the redemption of the Simon REIT units, net o
Broder Bros. Earnings Sink in Q2
Broder Bros., Co. reported second quarter 2012 sales were $221.9 million compared to $227.1 million for the second quarter 2011. Hurt by lower gross margins, income from operations for the second quarter 2012 was $7.0 million compared to $23.3 million for
Whistler Blackcomb EVP/CFO Kevin Smith to Resign
Whistler Blackcomb Holdings Inc. announced the resignation of Kevin Smith as executive vice president and chief financial officer for personal reasons, effective September 10, 2012. On that date, Dave Brownlie will be appointed interim CFO of the corpora
Dick’s SG To Open Relocated Store in Syracuse, NY
Dick's Sporting Goods will be opening its relocated store this week at Destiny USA in Syracuse, NY. The store will open its doors on Wednesday, August 1…
FGL Sports Reports Broad Category Strength in Second Quarter
Retail sales at FGL Sports, which includes 501 Sport Check, Sport Mart, Atmosphere and other sporting goods banners, increased 4.2 percent in the second quarter over the comparable period in the prior year, according to parent company Canadian Tire Corpor
Easton-Bell Sports Q2 Buoyed by Team Sports, North America
Easton-Bell Sports, Inc. reported net sales edged up 1.0 percent in the second quarter as team sports and cycling sales in North America offset action sports declines in Europe. Gross margin increased by 150 bps to 35.0 percent and Adjusted EBITDA increas
STM Bags Hires DeCusatis as Senior Account Manager
STM Bags hired Heather DeCusatis as senior account manager, making here responsible for internal sales and customer service for STM’s North American accounts. To reach STM’s sales and service goals she will work closely with the senior manage
Ibex Outdoor Clothing Names Global Production Director
Ibex Outdoor Clothing hired Ken Stone as global production director, which will make him responsible for product costing, sourcing, production planning, supply chain management, materials management and quality control…
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Backcountry.com Starts Selling Bicycles
Backcountry.com began offering a deep selection of high-end, performance bikes and bike gear for the first time. The selection will include bikes, clothing, accessories, components, tools, and racks. Until now, cyclists had to visit other Backcountry-owne
Patagonia Partners with A52 Warehouse for Canadian Logistics
A52 Warehouse Inc., a leading Canadian 3PL warehouse provider, announced a new partnership with Patagonia, Inc. to provide warehousing and order fulfillment solutions for the brand in Canada…
C4 Waterman Adds Mickey Muñoz to Design Team
C4 Waterman added legendary surfer/shaper Mickey Muñoz to its design team…
CLC Ranks UT at Austin, EA Sports, Nike, and Kentucky Wholesale as Top Performers
The Collegiate Licensing Company (CLC), a division of IMG College, announced its annual list of top-selling institutions and manufacturers. These rankings represent royalties reported July 1, 2011 through June 30, 2012 on all collegiate merchandise sold o
