SGB Update Apparel
E-Bike Demand Forecast to Grow to 47 Million Units by 2018
The worldwide market for e-bicycles will increase at a compound annual growth rate (CAGR) of 7.5 percent between 2012 and 2018, resulting in global sales of more than 47 million vehicles in 2018 compared to 30 million estimated to occur in 2012, according
Asics New Title Sponsor Dam tot Damloop
Asics is the new title sponsor of the Dam tot Damloop, the Netherlands' biggest running event. The 28th edition take place on Sunday, Sept. 23. 50,000 entry places expected for the 10 miles (16.1 km) run between Amsterdam and Zaandam will go on sale
Easy Spirit Launches First Lightweight Active Line
Easy Spirit, a division of The Jones Group Inc., announced the introduction of the e360 collection of lightweight, active and casual shoes…
Fourteen Golf Names Mike Kim as Company Demo Rep
Fourteen Golf announced that Mike Kim has been selected as the Fourteen Golf demo and event rep. Kim will be in charge of demo days and events on the west coast…
Survey Finds 22 Percent of Consumers Have Encountered Mobile Check-Out
More than one-fifth (22 percent) of shoppers have been to a store where associates use mobile devices instead of cash registers, according to survey results released by a AisleBuyer, a company that provides mobile payment solutions to retailers…
Converse/Undefeated Partner on Foot Locker Exclusive
Converse has partnered with Undefeated, the sneaker head store, on a new collection to roll out exclusively at Foot Locker…
G-III Apparel’s Q4 Earnings Decline
G-III Apparel Group, Ltd. reported sales during the fourth quarter increased by 9.0 percent to $294.3 million from $270.2 million a year ago. Earnings slid 59.3 percent to $5.0 million, or 25 cents a share…
Lululemon’s Q4 Earnings Soar on 26 Percent Comp Hike
Lululemon Athletica Inc. reported earnings rose 34.1 percent in the fourth quarter on a 26 percent comparable store gain. Overall revenues in the period jumped 51.4 percent to $371.5 million. Direct to consumer revenue increased 103.6 percent to $50.1 mil
PVH Corp. to Spend $1MM to Improve Factory Safety in Bangladesh
PVH Corp. has agreed to spend up to $1 million to improve fire and building safety in Bangladesh’s ready-to-wear apparel industry more than a year after more than a dozen workers perished in a fire at a locked factory it had used to make Tommy Hilfi
Downeast Bicycle Specialists Picks up Küat Racks
Küat Racks, makers of lightweight, stylish and easy-to-use racks, has begun distributing to independent bicycle dealers through Downeast Bicycle Specialists…
Nike Profit Tops Analysts’ Estimates as North America Sales Gain
Nike, Inc. reported earnings rose 7.4 percent to $560 million, or $1.20 a share, as continued strong top-line growth and SG&A expense leverage more than offset the impact of a lower gross margin and a higher effective tax rate. Revenues jumped 15.1 percen
PBS Kids, Parks Partner to Push Outdoor Exploration
PBS Kids is partnering with the National Recreation and Park Association (NRPA) to encourage families with young children to “Explore the Outdoors.” From March 26 through April 20, PBS will present four weeks of themed on-air programming and online
Patagonia Footwear Partners with Retailers to Advocate Weeks Promote Conservation
In Fall 2010 Patagonia Footwear piloted the “Advocate Weeks” program with a handful of retail partners in an effort to increase local advocacy and drive further awareness of long-time partner 1% for the Planet. In one year (Spring 2011 to Spring 2012), ov
Adidas to Open First Brooklyn Store
Adidas will operate the Nets Shop in the Barclays Center, which will open in Brooklyn next year. The store will be Adidas' first store in Brooklyn, New York City's largest borough with more than 2.6 million people…
SandP Upgrades Foot Locker’s Credit Ratings
Standard & Poor's Ratings upgraded Foot Locker Inc. by one grade to double-B, citing the retailer's better-than-expected results due to revenue and margin improvement. It also noted that credit metrics have “strengthened substantially” over the
