SGB Update Apparel

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

Adidas Group Ups Full-Year Guidance on Strong Q1 Results

Adidas Group is reporting that preliminary first quarter figures are materially above market expectations. Group sales for the full year are now expected to grow at a rate approaching 10 percent on a currency-neutral basis and net income attributable to s

Report: Wolverine World Wide Chosen as Collective Brands Buyer

Bloomberg News is reporting that Collective Brands Inc., which owns the Saucony, Keds, Stride-Rite and Sperry Top-Sider as well as the Payless ShoeSource discount shoe chain, is opting for an acquisition by Wolverine World Wide Inc., parent of Merrell, Wo

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

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

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

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