SGB Update Apparel

Volcom Posts 22.1% Q4 Sales Gains; Net Income Slips

Volcom, Inc. saw fourth quarter net revenues jump 22.1% to $69.1 million, from $56.6 million a year ago. Total revenues for the full year increased 30.9% to $268.6 million from $205.3 million. Net income for the fourth quarter decreased to $7.1 million, o

EMS Commits $500,000 to the Conservation Alliance Legacy Fund

Eastern Mountain Sports has committed to contribute $500,000 to The Conservation Alliance Legacy Fund over the course of the next five years. The pledge brings the Alliance closer to its $3.5-million goal for the Legacy Fund…

Optic Nerve/Mountain Shades Moves to Wheat Ridge, CO

Optic Nerve and Mountain Shade sunglasses will move its current headquarters IN Edgewater, CO, to Wheat Ridge. The new Optic Nerve/Mountain Shades office, over triple the size of the current location, will open for business on February 25, 2008 and is loc

Columbia Partners with The Skin Cancer Foundation

Columbia Sportswear partnered with The Skin Cancer Foundation to introduce a new Omni-Shade sun protective apparel line. Columbia said it is the first global company to receive The Skin Cancer Foundation's Seal of Recommendation, which is awarded to

Nexcen’s D’Loren Joins Board of Running Club

NexCen Brands Inc., the parent of The Athlete's Foot, announced that its President and CEO, Robert W. D'Loren, has been appointed to the board of directors for the Achilles Track Club (ATC.) NexCen Brands, Inc. has also committed to donating $25

Modell’s to Open in Cinnaminson

Modell’s Sporting Goods has signed a lease for 18,000 square feet of retail space at the Marketplace at Cinnaminson in New Jersey. Located at 2501 Route 130 S., the Marketplace at Cinnaminson is anchored by Wal-Mart and Sam’s Club, and has a tenant roster

TJX Takes $5M Writeoff for Bob’s

TJX Cos. Inc. recorded an impairment charge of $5 million, after tax, or one cent a share, related to Bob's Stores. The impairment charge relates to certain long-lived assets and intangible assets at Bob's Stores and represents the excess of rec

Foot Locker Hikes Dividend by 20%

Foot Locker, Inc. declared a quarterly dividend of 15 cents a share, paybable May 2 to shareholders of record as of April 18. This dividend represents a 20 percent increase over the company's previous quarterly per share amount and is equivalent to a

Nautilus Inc. Posts First Quarterly Loss in Q4…

Nautilus Inc.'s struggles continued in the fourth quarter as the manufacturer lost $47.7 million, or 99 cents a share, in the fourth quarter. That loss compares with earnings of $12.9 million, or 40 cents, a year ago. Sales tumbled 20.3% to $147.3 m

VF Sees Retail and International Driving Growth…

VF Sees Retail and International Driving Growth…
VF Corp., which has historically been a supplier to the mass channel, expects that by 2012, 72% of its total revenues will be either international, its own retail stores, the specialty channel, or the ups

American Rec Parent to Go Private…

Kellwood Company will go private as early as this week after shareholders of the company overwhelmingly accepted an offer from private equity firm Sun Capital Securities Group, LLC. Sun Capital said 70.8% of the shareholders of Kellwood Co. tendered thei

OR Winter Market Sees New Trends Emerge in Footwear…

Footwear at Outdoor Retailer Winter Market saw several trends crossing the show floor. Trail Running remains a hot category with more vendors making a presence felt here, both from the traditional outdoor companies and from the traditional running guys…

Safilo Group Moves Carrera Under Level USA…

Italian sunglass and ski goggle maker Carrera is returning to its roots in specialty retail after flirting with big box distribution strategies, according to Charlie Adams, sales manager for Level USA, which on January 1 took over U.S. distribution of Car

Golf Report: Ping Apparel Parent Expects 8.5% Q4 Sales Decline…

Perry Ellis International, Inc., producers of Ping Apparel, expects to report Q4 earnings that will meet or beat analysts' average estimate of 61 cents per share. The company also said that while the first half of its current fiscal year, which began

Golf Report: Callaway Teams with St Andrews Links for Accessories…

Callaway Golf signed a five-year, worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership will allow the world famous St Andrews Links mark to appear on a range of Callaway Golf products and will direct