SGB Update Apparel

Shoe Sensation Secures Credit Line

AloStar Bank of Commerce has provided a $15 million secured revolving credit facility for Shoe Sensation, a retailer of brand name footwear and accessories. Headquartered in Indiana, Shoe Sensation operates 82 stores in 12 Midwest states…

Bakers Footwear Posts $11 Million Loss for 2011

Bakers Footwear reported fourth-quarter sales were $53.6 million, a decrease of 8.0 percent from $58.2 million in the year-ago period. Comparable store sales decreased 7.1 percent following an increase of 2.6 percent in the prior-year period…

Life is Good Revamps Website

Life is Good has revamped Lifeisgood.com into an digital ecosystem with the ultimate goal of becoming the hub of optimism, the definitive reflection of the brand. The new website merges content, commerce, community and charity into an experience around op

OtterBox Expanding Fort Collins Campus

OtterBox is expanding its footprint in downtown Fort Collins, CO, where it has recently acquired two buildings to accomodates its growing workforce. The maker of protective cases for mobile technology has been growing alongside sales of smartphones, iPads

Amer Sports Reports Apparel, Footwear and Americas Drive Q1 Growth

Amer Sports saw net sales increase 9.1 percent to €489.8 million ($642 mm) in the first quarter, or 7 percent in currency neutral (c-n) terms. The biggest growth took place in Apparel, up by 29 percent, and Footwear, up by 13 percent. Sales in the W

Nike Executive Charged With Attempted Aggravated Murder

Nike executive James Speidel is accused of trying to blow up his Bethany, OR home in an attempt to kill his wife and four children. Speidel, 36, is charged with five counts each of attempted aggravated murder and first-degree attempted assault, along wit

West Marine Says Warm Weather Boosted Q1 Store Sales

West Marine, Inc. reported net revenues rose 6.7 percent to $121.5 million in the first quarter. Comparable store sales, which grew 4.3 percent, were boosted by growing fulfillment of wholesale orders through retail stores and early spring weather, which

Unifi Inc. Credits Q3 Profit to Stronger Polyester Pricing

Unifi Inc. earned a profit in the third quarter ended March 25 as higher prices for its polyester fiber continued to offset slightly lower volumes. The company said inventory destocking by apparel retailers and brands has largely run its course, laying th

Raleigh Acquisition Would Provide Accell Group Major U.S. Beachhead

Accell Group N.V. agreed to acquire Raleigh Cycle Ltd last week in a transformative deal that will increase the Dutch company’s sales by nearly a third and its bicycle sales by 90 percent while giving it a significant presence in the U.S. market…

Access Fund Analyst to Spearhead Opposition to Arizona Land Swap

The Access Fund has hired Curt Shannon as its Arizona policy analyst to represent climbers and the Access Fund in their current opposition to HR 1904, the Southeast Arizona Land Exchange and Conservation Act – more commonly known as the Oak Flat Land Exch

Columbia Sportswear Reports Flat Q1, Foresees Flat 2010

Columbia Sportswear Co. reported flat results for the first quarter and forecast sales will grow at 1 percent or less as lower sales in Europe, Canada and the U.S. offset growing direct-to-consumer sales in the United States, Korea and Japan and increased

Lafuma Group Reports Robust Outdoor Sales for First Half

Sales revenue for the Lafuma Group in the first half of fiscal 2011/12 increased 8 percent to €132.1 million as strong growth of its outdoor brands and in Asia more than offset a decline at its action sports business and flat sales at its equestrian

Callaway Golf Signs Kelly Kraft

Callaway Golf Company signed U.S. Amateur Champion Kelly Kraft to a multi-year contract to play and endorse Callaway Golf equipment…