SGB Update Apparel
Twins Enterprise Opens Flagship Store in Boston
Twins Enterprise, Inc. opened the doors of its new flagship company store on famed Newbury Street in Boston. The store, named ’47 for the year in which twin brothers Arthur and Henry D’Angelo founded Twins Enterprise, is located at 286 Newbury Street…
Grabber and RopeLok Partner
Grabber has inked an exclusive distribution partnership with RopeLok, the manufacturer of the No Knot RopeLok, a tie-down product with lever locking technology that eliminates the need for tying knots…
Iconix Reports Record Q2 Earnings
Iconix Brand Group reported a revenue of $51.7 million for the second fiscal quarter of 2008, a 32% increase from revenue results reported for the same quarter a year ago, earnings before interest, taxes, depreciation and amortization for the second quart
Modell’s Expands with New Stores in NJ and PA
Modell's Sporting Goods, the family-owned and operated retailer of sporting goods, sporting apparel, menswear and athletic footwear, has added two new stores to its northeast chain in New Jersey and Pennsylvania…
RECALL: Look Cycle KéO Bicycle Pedals
The U.S. Consumer Product Safety Commission, in cooperation with Look Cycle USA of San Jose, CA, announced a voluntary recall of KéO bicycle pedals. Consumers should stop using the pedals immediately unless otherwise instructed. It has been found that the
The North Face to Open Atlanta Store
The North Face plans to open its Atlanta store on Aug. 15. The 6,000-square-foot store in Buckhead is the company's 22nd retail location. It incorporates The North Face updated retail design, which features oversized graphics, concrete floors, wood a
Consumer Confidence Remains Weak
The Conference Board Consumer Confidence Index, which had declined in June, held steady in July. The Index now stands at 51.9 (1985=100), up slightly from 51.0 in June. The Present Situation Index was virtually unchanged at 65.3 versus 65.4 last month. Th
Mervyns LLC Files for Bankruptcy
Mervyns LLC filed for bankruptcy Tuesday, with the Northern California-based mid-tier department store chain planning to keep its 177 stores open while restructuring the retailer's debt and realigning business operations…
Hanesbrands, Inc. Sees Q2 Earnings Soar
Hanesbrands Inc. showed second quarter total net sales decrease 4.4% to $1.07 billion, mostly due to difficult retail conditions and later shipments of back-to-school product…
K-Swiss Net Gets Payless Payout Boost
It was another quarterly sales decline for K-Swiss as growth in performance and fashion product could not offset the continued softness in the white-leather-foot-covering Classics business. International proved a positive market again this quarter, though
Big 5 Sporting Goods Q2 Profits Drop
Big 5 Sporting Goods felt pressure from the soft retail environment out west, showing the difficulties extend from the top tier to the volume guys. Same-store sales declined 7.6% for the second quarter, primarily due to a mid-single digit decrease in cust
Under Armour Posts Strong Q2 Sales Growth
Under Armour closed its second quarter with sales above the year-ago period, while cluing analysts in to its plans for new product launches in the back half of this year and the first half of 2009. However, net income declined as a result of front-loaded
Jarden Outdoor Has Small Organic Growth in Q2
Jarden Corporation reportedly increased net sales 30% to $1.4 billion for the second quarter, compared to $1.1 billion for the same period in the previous year. The Pure Fishing, Inc. and K2 Inc. businesses are included in the results of operations from t
Nautilus Sees Q2 Loss from Continuing Ops
Though Nautilus, Inc. saw an increase in sales for its retail business, decreases in the commercial and direct businesses caused the company to post a net loss for the second quarter, compared to a modest profit in Q2 last year. Net sales from continuing
Callaway Golf Gets International Lift
Comping against peaking sales for the FT-i and FT-5 drivers last year proved too tall an order for Callaway in the second quarter as sales declined in the mid-singles. However, the company’s continued focus on operations led to an increase where it counts
