SGB Update Apparel
Westfield to Cut Operating Hours
According to reports, Westfield Group will cut operating hours at most of its 55 U.S. malls. Most of Westfield Group's malls will open 30 minutes later and close 30 minutes earlier on weekdays, spokeswoman Katy Dickey said. About a third will close a
Chick’s Headquarters to Close
According to local reports, the Covina, CA headquarters for Chick’s Sporting Goods will close as its new owner, Dick Sporting Goods, continues to absorb operations…
Gander Mountain Expects Q4 Earnings to Rise
Gander Mountain Co. said it expects consolidated sales for the fourth quarter of approximately $333 million, compared to $318 million in the year-ago period, a 4.9% increase. Net income is expected to reach approximately $20 million compared to net income
K-Swiss Opens Store in
K-Swiss plans to open its first-ever running retail store in the Tienmu area of Taipei, Taiwan. To celebrate the grand opening, K-Swiss will host a high energy 10K Race in Taipei that has already attracted the maximum capacity of 2,500 runners on Sunday,
Report: JJB to Close 46 Lifestyle Stores
Reports out of the U.K. have KPMG, which was named administrator of JJB's lifestyle Original Shoe Company and Qube stores, closing 46 of the 77 door in operation. This move will in turn cause 438 positions to become unnecessary for the retailers. The
High Sierra Acquires Mervyns Registrations for Trademark
High Sierra Sport Company has acquired all Mervyns registrations for the trademark High Sierra. The purchase price of the sale was undisclosed. High Sierra is first and foremost a bag/luggage company and steadfast about not entering either the footwear or
Nordstrom Q4 Earnings Plummet, Comps Fall 15.8%
Nordstrom, Inc. reported net earnings of $68 million, or 31 cents per diluted share, for the fourth quarter ended Jan. 31, 2009. For the same quarter last year, Nordstrom reported net earnings of $212 million, or 92 cents per diluted share…
Confluence Introduces Community-Based Boating Incentive
From Apr. 1, 2009 through Aug. 31, 2009, Confluence Watersports will roll out a brand new program designed to support local organizations, introduce more people to paddling and establish a platform for a long-term sustainability initiative…
Deuter Becomes bluesign Member
Deuter has officially become a bluesign member. With this membership, Deuter's products are designated as meeting strict international requirements regarding sustainability, health and safety (EHS). All bluesign products guarantee the use of componen
Triumph Apparel to Lay off 226
Triumph Apparel will permanently lay off 226 employees, according to a report by The New York Dispatch. The layoffs-all of which will take place in York County-will coincide with the closing of two seperate plants on Feb. 25…
Amer Sees Novator Up Stake to 20.1%
Amer Sports Corporation reported that Novator Finland Oy has converted all of its NASDAQ OMX forward contracts into direct holdings in shares of Amer Sports Corporation representing 20.11% of the shares and voting rights…
Billabong H1 Sales Rise as EBITDA Stays Flat
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Chick’s Headquarters to Close
According to a report by the San Gabriel Valley Tribune, Chick’s Sporting Goods’ Covina-based headquarters will close as its new owner, Dick Sporting Goods, continues to absorb operations…
KOR Water Expands Board of Directors
KOR Water has appointed Peter van Stolk, the founder and former CEO of Jones Soda Co., and Ravi Sawhney, founder and CEO of industrial design firm, RKS, to its Board of Directors…
Volcom Sees Slight Q4 Increase
Volcom, Inc. said total consolidated revenues for the fourth quarter ended Dec. 31, 2008 were $69.6 million compared with $69.1 million in the fourth quarter of 2007. Total revenues in the company’s U.S. segment were $54.9 million compared with $58.9 mill
