SGB Update Apparel

Mizuno Q1 Profits Surge on Flat Sales

Mizuno reported profits rose 23.0% to ¥1.24 billion ($13 mm) as revenues edged up 0.4% to ¥41.1 billion ($447 mm) in the first quarter ended June 30. The company said rising sales and better inventory management increased its gross margin by 7.4% to ¥17.5

Former New Balance COO Tapped to Head Spira

El Paso-based Spira Footwear announces the hiring of Jim Tompkins, the former president and COO of New Balance Athletic Shoe Inc., as president of the patented WaveSpring-inspired Spira brand…

Clarus Corp. Revenues Rise 4% in Q2

Clarus Corporation said combined revenues in the second quarter were $19.0 million compared to $15.2 million during the three months ended June 30, 2009…

Report: 2010 Retail Container Traffic to be Up 15%

Import cargo volume at the nation’s major retail container ports is expected to total 14.5 million containers for 2010, a 15% increase over last year’s unusually low numbers as the economy continues its cautious recovery, according to the mont

Adidas Group Ups Guidance on Strong Q2

Helped by its World Cup sponsorship, the resurgence of Reebok, and strength in emerging markets, Adidas Group AG reported robust second quarter improvement and now expects its full-year earnings to more than double over the prior year…

Golf Rounds Slide in June

According to Golf Datatech, golf rounds for the U.S, were down 2.1% in June 2010 versus June 2009 and are now down 2.7% on a YTD basis…

Warnaco’s Q2 Sales Up 14%; Swimwear Up 2.4%

The Warnaco Group, Inc. said strength in all segments (Sportswear, Intimate Apparel and Swimwear) and growth in all key geographies contributed to second quarter sales that improved 14.0% to $519.3 million…

Crocs Swings to Q2 Profit on Solid Sales, GM Gains

Crocs, Inc. reported Q2 revenues increased 15.3% to $228.0 million. Excluding $23.7 million in previously-impaired product sales that the company considers non-recurring, sales jumped 31% for the period…

K-Swiss Revenues Drop 13.3% in Q2; U.S. Backlogs Turn Positive

K-Swiss posted a wider loss in second quarter, hurt by continued sluggish top-line growth; a write-off for its Palladium brand; and the closing of one of its contractor factories. One encouraging note is that domestic backlogs were up 17% at quarter-end..