SGB Update Apparel
Survey: Retail CFOs Don’t See Double-Dip Recession
According to a recent study by BDO USA, LLP, 82% of chief financial officers at leading U.S. retailers anticipate a continuation of stagnant economic conditions as opposed to a double dip (9%) or an ongoing turnaround (9%)…
River’s End Trading Partners with PING Apparel
River's End Trading announced the addition of Custom Branded Sportswear, dba as PING Apparel, to its lineup of brands for distribution to the promotional products marketplace…
Fleet Feet’s Comps Climb 11% in First Half
Fleet Feet, Inc. experienced double-digit comparative store growth during the first half of the year. Sales rose 12.5% in the first half to $52.6 million, up from $47.3 million in the same period a year earlier. Comparative store sales were up 11%…
Schutt Sports Files For Bankruptcy Protection
Schutt Sports Inc. filed for bankruptcy protection one month after being hit with a $29 million patent infringement verdict. The football helmet and team protective equipment maker is asking a Delaware bankruptcy judge to halt enforcement of the patent ve
NSGA’s Paul Prince Retires
Following 39 years in the sporting goods industry, NSGA VP of business development Paul Prince will retire. “Paul has been an important part of the NSGA team for nearly four decades, and he has developed relationships that have lasted throughout his
Forzani Group Slashes Fiscal Second Quarter Loss on Stronger Comps
The Forzani Group Ltd. cut its net losses in the second quarter ended Aug. 1 by nearly 60% from the year earlier period, thanks to higher sales and improved margins. Company management said the 2010 FIFA World Cup and its launch of Nike’s Livestron
Sports Direct Fiscal Q1 Sales Up Despite Weak U.K. World Cup Performance
Profits grew twice as fast as sales at Sports Direct International plc during the 13 weeks ending July 25 despite the British team’s poor showing in the World Cup soccer tournament, the U.K. retailer reported in its interim management statement last
SEC Report Defines Total Apparel Group’s Financial Hardship
Total Apparel Group has recently come under duress due to lackluster sales. The results of continued losses have equaled negative cash flows from operations, a working capital deficit of approximately $3.2 million, as well as accumulated losses of $43.5
Recall: Simms Wading Staffs
Simms Fishing Products has issued a voluntary recall on faulty wading staffs. According to the U.S. Consumer Product Safety Commission (CPSC), the wading staff can collapse posing a fall hazard to consumers…
REI Sees Upside in Factory Auditing Partnership
According to its fourth annual stewardship report released last week, Recreational Equipment Incorporated is apparently very encouraged by its participation in the Fair Factories Clearinghouse (FCC), which it joined last year to reduce the cost of auditin
Amer Sports to Accelerate Growth in Apparel/Footwear
Amer Sports is indicating that under a revised long-term strategy, it will emphasize faster growth in apparel and footwear (softgoods) categories. At an analyst meeting held in New York City on Friday, the parent of Salomon, Wilson, Precor, Atomic, Suunto
Skechers Secures 70th Patent on Shape-ups Footwear
Skechers USA, Inc. has secured its 70th patent worldwide for its Shape-ups footwear line…
Sports Supply’s Terry Babilla Joins Duckwall-ALCO Board
Duckwall-ALCO Stores announced that Terrence Babilla, president, COO and general counsel of Sport Supply Group, has joined the discounter's board of directors…
Stutz Named President of Victorinox North America
Rene Stutz, former President of German cutlery company Wüsthof-Trident of America, Inc. was named president of Victorinox Swiss Army, Inc.'s North American unit…
Mervin Manufacturing Appoints VP of Sales
Kyle Phillips has been named Mervin Manufacturing's vice president of sales. Phillips will oversee sales for all Mervin brands and categories including Lib-Tech, Gnu and Roxy, reporting to Mervin GM, Ryan Hollis…
