SGB Update Apparel

Stripe Fight II: Wal-Mart…

adidas has now filed suit against Wal-Mart, claiming it copied some of adidas' products. According to the complaint, Wal-Mart used a striped logo similar to the one associated with adidas products…

Dick’s Sporting Goods Sees Fitness Rebound…

Just a few weeks after saying the company would not meet guidance for the year, Dick’s Sporting Goods Chairman and CEO Ed Stack told investors and analysts gathered at the William Blair Growth Stock Conference in Chicago that its fitness business had turn

Celtics’ Winning Ways Drives Sales…

The much hyped rivalry between the Celtics and Lakers largely lived up to its status at the cash register, according to retail point-of-sale data compiled by SportScanINFO. NBA sales jumped low-teens for the trailing four-week period in dollars with avera

NBA to Open Stores in China…

The National Basketball Association has chosen JuneYao Group to develop 2,000 branded retail outlets across China. The agreement with the NBA will allow JuneYao to sell licensed merchandise in the 2,000 NBA retail stores it plans to open over the next two

REI Funds Cycling Plans at Five Communities

Five communities will receive Bicycle Friendly Community grants to help pay for bike plans, technical assistance, pilot projects, and innovative cycling initiatives. The grant program is administered by the Bikes Belong Foundation in partnership with the

Clarus Names Gray President and CEO

Clarus Transphase Scientific, Inc., developer line of Q-Link golf products, announced the promotion of Richard Gray to President and CEO. Clarus has been COO since 2001…

One-Third of U.S. House Co-Sponsors Affordable Footwear Act

The Affordable Footwear Initiative announced that 145 U.S. Representatives, or one-third of the U.S. House of Representatives, and 12 U.S. Senators – have become co-sponsors of the Affordable Footwear Act since the bill's introduction less than 10 mo

Adrenalina Retains Financial Advisor

Adrenalina, the action sports store, has retained investment bank Financo, Inc, a New York investment firm, to assist to explore and pursue strategic alliances to enhance the company’s growth initiatives. Earlier this year, Adrenalina announced an aggress

Aetrex Acquires Fitracks

Aetrex Worldwide, Inc. said it acquired Fitracks Inc., the supplier of the foot scanning hardware it uses to help dealers sell its footwear at retail. The deal gives Aetrex full ownership and control over the patented footcare technologies that retailer c

Shoe Pavilion Receives Nasdaq Warning

Shoe Pavilion, Inc. received a written notice from The Nasdaq Stock Market (“Nasdaq”) on June 19, indicating that the company has failed to comply with the minimum bid price requirement for continued listing on the Nasdaq Global Market. The bid price of i

Adidas Sues Wal-Mart

Adidas has sued Wal-Mart, claiming it copied some of adidas' products. According to the complaint, Wal-Mart used a striped logo similar to the one associated with Adidas products, displaying two or four stripes yet similar to adidas' three-strip

Adidas to ‘Significantly’ Exceed Soccer Goals

Adidas AG. said it will 'significantly' exceed its full-year target of posting at least 1.2 billion euros ($1.8 bn) in soccer-related sales this year, helped by the European soccer championship currently being held in Switzerland and Austria. Ad

Recovering Paddle Program Gets $4K Donation

Chattagnooga retailer and Grassroots Outdoor Alliance member Rock/Creek has teamed with Keen to donate $4,000 to the City of Chattanooga to help rebuild their kayaking program, which was devastated by an April fire at a boat shed…

On-line Traffic Indicates More Price Shopping

The ShopLocal Retail Index, which is designed to predict in-store traffic by measuring visits to in-store promotions on the Web, was up 28 percent for the month of May compared with the same period last year. The reading indicates that consumers appear to