SGB Update Apparel

Reebok Addresses El Salvador Sweatshop Allegations

In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement saying it had conducted its own initial investigation and “believe there are a

Peter Glenn to Close Vermont Location

Peter Glenn of Vermont is closing its doors at the Berlin store after more than 50 years in business. It's the ski retailer's only Vermont location…

Roxy Loses Lawsuit Against Roxywear

Kymsta Corp, a small manufacturer in Los Angeles, recently won the right to use the Roxywear name for apparel. In a lawsuit, Quiksilver had argued that the name was too close to its Roxy brand…

K-Swiss’ Q4 Revenues Slide 21.4%; Sees Flat Sales for 2010

K-Swiss reported a loss in the fourth quarter of $12.5 million, or 36 cents a share, from $13.7 million, or 39 cents, a year ago. The latest period included a pre-tax impairment charge of $4.83 million, or 13 cents, related to the goodwill and intangible

Michael Phelps to Endorse Under Armour

Olympic gold medalist Michael Phelps has signed a multi-year endorsement deal with Under Armour, according to a report in USA Today…

LeBron James To Develop Furniture Line

Furniture retailer and manufacturer American Signature Inc. will develop a home furnishings collection with Cleveland Cavaliers star LeBron James. The furniture collection will be launched this summer at Value City and American Signature stores…

Hunter Opens First U.S. Store in Manhattan

Hunter, known for its rubber boots, plans to open a 270-square foot store in New York’s Limelight Marketplace in March, its first retail location in the U.S. The landmark building on the northeast corner of Sixth Avenue and 20th Street is being con

OpSec Security plc Stake Sold to PE Firm

OpSec Security Group plc, the maker of anti-counterfeiting protection technologies and services., has sold a 29.8% stake in the company to Investcorp Technology Partners, the technology private equity arm of Investcorp. OpSec's clients include major

Cloudveil Promotes Samuel to GM Position

A day after being sold, Cloudveil said it had promoted Director of Global Sales James Samuel to general manager. Samuel will oversee spring 2010 servicing for Cloudveil as its transitions to new ownership at Windsong Brands LLC, a Connecticut-based PE fir

Rocky Swings to Profit in Q4 on 6.5% Sales Decline

Rocky Brands, Inc. said net sales for the fourth quarter ended Dec. 31 were $61.7 million versus net sales of $66.0 million in the fourth quarter of 2008. The company reported net income of $0.9 million, or 16 cents per diluted share in 2009 versus a net

Billabong Sales in Americas Hurt by Currency Fluctuations

Billabong International Limited said sales in the Americas were down 6.2% in the six months ended Dec. 31 in constant currency terms, to Australian $317.5 million (U.S. $282.9 million). Reported sales were 17.6% lower, reflecting the negative currency imp

Mountain Hardwear/Montrail Announce Grant Recipients

Mountain Hardwear, Inc. and Montrail announced recipients of their respective Gives Back Grant programs. Mountain Hardwear’s primary focus for the first half of the year is Helping to Create the Next Generation of Outdoor Enthusiasts. In the second