SGB Update Apparel

DSW Third Quarter Comps Slip 3.0%

DSW Inc. reported net sales for the thirteen-week quarter ended November 3 increased 11% to $367.4 million compared with $332.2 million for the year-ago period ended October 28, 2006. Same-store sales decreased 3.0% for the comparable thirteen-week perio

New Balance Donates $3 Million to New England Aquarium

The New England Aquarium has received a $3 million gift from the New Balance Foundation to help build the New Balance Foundation Marine Mammal Center and to develop innovative programs using seals and sea lions to promote childhood fitness…

Nautilus, Inc. Adopts Shareholder Rights Plan

Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…

Crocs, Inc. Shares Plunge Despite Strong Quarter…

Crocs, Inc. saw yet another quarter of triple-digit sales and earnings growth, but the company’s stock price fell more than 31% for the week following their earnings release, due primarily to lower-than-expected guidance for 2008…

Luxottica Sees Sunglass Hut Drive Growth in N.A…

Luxottica Group management shed some light on the thinking behind their $2.1 billion deal to buy California sports optics maker Oakley Inc., pointing out in a conference call with analysts that North American sales of premium sunglasses were a bright spo

SIA Moves Trade Show to Denver for 2010…

SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr

Garmin Reports 24% Rise in Fitness/Outdoor Sales

Garmin Ltd. said its outdoor/fitness sales grew 24% to $88 million in the third quarter and that retail orders indicated holiday sales of personal navigation devices, or PNDs, would be strong. Outdoor/fitness was the second largest and third fastest grow

Rocawear Signs First Fragrance License

Rocawear, which was acquired by Iconix Brand Group in March 2007, has signed its first license agreement for fragrance with Elizabeth Arden, Inc. A debut fragrance is planned to launch in the fall of 2008. Financial terms were not disclosed…

Poulos Joins Prince as Global Category Director for Footwear

Prince Sports, Inc. has hired former Nike and Adidas executive George Poulos as the company’s new Global Category Director in charge of footwear. In his new role, Poulos will be responsible for refining and managing Prince’s implementation of the company’

UA’s Kevin Plank Sells Stock

Under Armour, Inc. announced that Kevin Plank, chairman and CEO of Under Armour, filed a Form 4 with the SEC to report the sale of 1.5 million shares of stock, or about 10% of his holdings. The filing that on November 1, Plank and his family foundation an

Big 5 Q3 Sales Increase 3.6% on Slight Comps Gain

Big 5 Sporting Goods Corporation saw third quarter net sales increase 3.6% to $231.3 million from $223.3 million for the same period last year. Same store sales increased 0.1% for the third quarter. Net income for the fiscal 2007 third quarter was $8.4 mi

Callaway Increases Guidance on 22% Q3 Sales Increase

Callaway Golf Company net sales for the third quarter were $235.5 million, an increase of 22% compared to $193.8 million for the same period in 2006. Fully diluted earnings per share were two cents on 67.6 million shares outstanding compared to a loss per