SGB Update Apparel
Gildan Boosts Guidance on Record Q2 Sales
For the second consecutive year Gildan Activewear Inc. has released record financial results for the company’s fiscal second quarter ended April 4 and upped its sales guidance in response to the positive changes in market conditions…
Head NV Gets Q1 Boost from Racquet Sales Gain; Economy Hurts Diving Biz…
Head N.V. finished its first quarter with sales and earnings improvements in two of the company’s three main segments…
Fox Factory OEM Sales up 63% in First Quarter
Fox Factory Inc., also known as Fox Racing Shox, swung from a loss in the year-ago quarter to nearly $3 million in profits in the first quarter this year on strong growth in sales as OEM sales to the mountain biking and motorsports industries rebounded…
Heelys Q1 Sales Fall Again But Cost Cuts Minimize Bottom Line Damage
Heelys Inc. said general economic weakness and bad weather in the Northeast and Midwest sank sales during the first quarter ended March 31, but improved cost cutting measures helped minimize the company’s net loss…
Sports Authority to Launch New ‘S.A. Elite’ Store Concept
The Sports Authority is launching a new smaller concept, S.A. Elite, focusing on higher-end footwear and apparel…
TAF Parent to Liquidate in Asset Sale
NexCen Brands Inc. said it agreed to sell its franchise businesses, which includes The Athlete's Foot and Shoebox New York, to an affiliate of private-equity firm Levine Leichtman Capital Partners for $112.5 million…
Rocky Prices Closes Secondary Offering
Rocky Brands Inc. said it expects to raise $14.1 million from a secondary offering…
RECALL: Rome Snowboard Boot Bindings
Rome Snowboards Co., in cooperation with the U.S. Consumer Product Safety Commission and Health Canada, voluntarily recalled 2,900 pair of boot bindings because the base plate on them can break at cold temperatures, posing a fall hazard to snowboarders…
WTO Agrees to Probe EU Duties on Chinese Footwear
World Trade Organization judges agreed to investigate whether European Union anti-dumping tariffs on Chinese shoes unfairly harm China's exporters…
April Retail Sales Show Continued Momentum
April retail industry sales (which exclude automobiles, gas stations, and restaurants) increased 0.5% seasonally adjusted over March and 4.6% unadjusted year-over-year. With a constantly-shifting Easter holiday, retailers typically look at March and April
USA Submits Bid for 2018 and 2022 FIFA World Cup
A delegation from the USA Bid Committee submitted the official United States Bid Book to host the 2018 or 2022 FIFA World Cup in a formal ceremony at FIFA headquarters in Zurich, Switzerland May 14…
NexCen Brands’ Q1 Sales Slide 16%
NexCen Brands, Inc., the parent of The Athlete's Foot, reported total revenues in the first quarter of 2010 decreased 16% to $10.0 million from $12.0 million in the first quarter of 2009. The decrease is primarily due to current economic conditions,
Report: Young Consumers Shift Brand Loyalty in College Years
Nike is still clearly the brand to beat among younger consumers, but support for the brand wanes as teens move into their college years and then builds again as they age. Conversely, Adidas picks up steam with the college and post-college consumer. Those
Yaktrax and Granger’s Sign on as Official Suppliers of PSIA and AASI
Implus brands Yaktrax and Granger's have signed a two-year agreement with the Professional Ski Instructors of America (PSIA) and the American Association of Snowboard Instructors (AASI)…
American Heart Association Endorses Nintendo Wii
The American Heart Association's 'Heart Check' logo will appear on the Nintendo Wii and select software titles' packaging in an exclusive arrangement. The health organization cites the Wii's fitness focus and the need to reach out
