SGB Update Apparel

Millet to Launch Rope Recycling Program

Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope

Shimano Feels the Effects of Global Recession in First Half

Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. As a resu

Cordura Launches Cordura Cares Program

Invista's Cordura brand team has unveiled a new sustainability platform: the Cordura Cares program. The program consists of three pillars: Sustainable Performance, Enduring Materials, and Corporate Responsibility. These pillars are anchored by the t

Adidas Group Sees Bottom in Second Quarter

Adidas Group saw declines in all segments of its business with the exception of TaylorMade-adidas Golf in the second quarter, but the increase in TMaG saw its improvement due to the inclusion of the Ashworth business this year. In sharp contrast to last

Field Logic Promotes Weinkauf to EVP and CMO

Field Logic, the maker of the Block, the GlenDel Buck and Rage expandable broadheads, has promoted Mike Weinkauf to the position of executive vice president and CMO, effective immediately…

Iconix Gets Sport Brands Boost at Wal-Mart

Helped by a good reception of OP, Starter, and Danskin Now as well as exclusives at Wal-Mart, Iconix Brand Group's revenues climbed 9% in Q2 to $56.4 million from $51.7 million in Q2 last year…

Big 5 Sees First Comp Gain in Six Quarters

Big 5 Sporting Goods reported a better-than-expected quarterly profit on tighter cost control and forecast third-quarter profit above Wall Street expectations. The Q209 comp gain reversed six straight quarters of comp declines…

EMS Sees New Financing Fueling Future Growth

Eastern Mountain Sports sees opportunities in the current recession and has closed on new financing totaling $50 million and a new, larger senior credit facility to help facilitate growth over the next few years. The new influx in equity from its existin

The END of the Road

In a release late Friday after press time, LaCrosse Footwear, Inc. said it had made a strategic decision to discontinue END Footwear (Environmentally Neutral Design) as a stand-alone outdoor and running brand. The release indicates that LaCrosse plans to

SEC Seeks More Than $22 Million from Former Kmart CEO

The Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 2002…

Weather Helps and Hurts Second Outdoor Sales

As consumers and analysts feel like they are beginning to see the end of the recession, spending on outdoor footwear, apparel and equipment seems to be turning around. Like many metrics recently cited by economists, the retail point-of-sale data compiled