SGB Update Apparel

Skullcandy Reiterates 2011 Earnings Outlook

January 12, 2012

Skullcandy, Inc. reiterated its net sales and earnings outlook for 2011, previously outlined Nov. 3, 2011 in the company's third quarter 2011 earnings release. The company expects 2011 net sales to increase 44% to approximately $231.0 million from $1

Johnny Mac’s Sporting Goods Promotes Adam Burns to COO

January 12, 2012

Team sports dealer Johnny Mac’s Sporting Goods recently announced the promotion of Adam Burns, general manager of retail sales, to the new position of chief operating officer, effective immediately. As COO, Burns will be responsible for the day-to-d

EMS Poised to Roll Out iPads to Associates in All Stores

January 12, 2012

Eastern Mountain Sports has successfully piloted the VeriFone GlobalBay iPad solution in four stores and is readying a 2012 rollout. The technology allows EMS store associates to show shoppers all products available in-store and online using iPads on the

Wolverine Sees FY11 Revenues At Low End of Range

January 12, 2012

Wolverine Worldwide said last week it expects revenues for 2011 to approximate the low end of its former guidance. At the ICR XChange investor conference, Don Grimes, SVP, CFO and treasurer, said the fourth-quarter's revenue performance was impacted

Dick’s SG Narrows Q4 Guidance

January 12, 2012

Dick's Sporting Goods, Inc. slightly narrowed its guidance for Q4 earnings and slightly lower its same-store outlook due to the impact of warmer than usual weather seen across the country this winter. It expects non-GAAP EPS in the range of 87 to 88

Ogio Hires International Sales Director

January 12, 2012

Ogio, the maker of sport and lifestyle bags, apparel and accessories, has hired Mark Talarico as director of international sales. This new hire aligns with strategic plans to grow the brand internationally after completing a record-performing year in 2011

NRF: Holiday Retail Sales Up 4.1 Percent, Surpassing Expectations

January 12, 2012

The National Retail Federation in the final tally said retailers' 2011 holiday sales beat expectations, rising 4.1 percent to $471.5 billion – slightly surpassing NRF's holiday sales forecast of 3.8 percent growth. Sales at clothing and clothing

DSW Raises EPS Guidance and 2012 Store Openings

January 10, 2012

DSW Inc. raised its EPS guidance and said it now plans to accelerate new store openings in 2012 to between 35 to 40 new stores, which is ahead of its long-term goal of 15 to 20 new stores per year…

Bergans Opens U.S. Subsidiary in Colorado

January 10, 2012

Premier European outfitter Bergans of Norway has established a wholly owned subsidiary, Bergans USA LLC, to serve the North American market. Located in Longmont, CO, Bergans USA will be led by longtime industry executives Patry “Pat” Loomis as CEO, and Ke

KKR Makes Bid for Australia’s Pacific Brands

January 10, 2012

KKR, the buy-out company, has made an unsolicited bid for the struggling Australian clothing company, Pacific Brands. Pacific Brands' board confirmed it is holding preliminary discussions with KKR about the approach but said there was “no certainty t

Blacks Leisure Sold to JD Sports for £20 Million

January 10, 2012

Blacks Leisure has completed its sale of substantially all of its trade, assets and brands to a wholly owned subsidiary of JD Sports Fashion plc for £20m in cash. The UK outdoor specialty retailer said it appointed Monday three KPMG LLP partners as admini