SGB Update Apparel

Berkshire Hathaway Completes Russell Corp. Deal…

At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri

Sara Lee Announces Date and Plans for Apparel Spin-Off

Sara Lee Corporation has finalized plans that will see its apparel division spun-off to create a stand-alone, publicly traded company called Hanesbrands Inc., whose shares are expected to begin trading on the New York Stock Exchange under the symbol “HBI,

Federated Comps Increase 3.3% in July

Federated Department Stores, Inc. total sales were $1.608 billion for the month of July, an increase of 61.3% compared to total sales of $998 million in the same period last year. On a same-store basis, Federated's sales for July were up 3.3%…

WSA Sees Growth in Athletic

The WSA Show opened its doors with the biggest show in the history of the event with 1.2 million square feet of exhibits, 250 new exhibitors and participation from 90 countries. WSA sold out all 225,000 square feet of available space in the athletic and o

cuthbert Promoted at Primaloft; Rodney Lane Hired

PrimaLoft – Insulation Technology has promoted Steve Cuthbert to the newly created position of National Sales
Manager in charge of new business development and sales of PrimaLoft Yarn. Beginning August 7, 2006, Rodney Lane will replace Cuthbert as Eastern

Fox River Joins 1% for the Planet

Fox River has become one of the newest U.S. firms to join 1% For The Planet, an alliance of companies committed to leveraging their resources to create a healthier planet…

Fitness a Boost, BandB a Drag for Brunswick Q2…

Brunswick Corporation saw net sales for the second quarter increase 1% to $1.54 billion, up from $1.53 billion a year earlier. However, excluding incremental sales from acquired businesses, organic sales decreased 5% for the period. Net earnings from cont

Nautilus Q2 Income Slips on 6% Sales Increase

Nautilus, Inc. net sales for the three months ended June 30, 2006, were $137.6 million, compared to $129.6 million for the corresponding period last year, up 6.2%. Net income for the quarter was $1.7 million, or five cents per diluted share, compared with

Thule Sees Strong Growth In North America…

Thule is moving ahead with its plans to double the size of the company by the end of 2007, and is actually well on its way to accomplishing this goal by the end of the current financial year, one year ahead of schedule. This would make Thule an $825 milli

prAna Adds to Liz Claiborne Top and Bottom Line

Liz Claiborne reported better than expected earnings for the second quarter of 2006, with its newly acquired businesses, prAna and Mac & Jac – a high-end fashion apparel company, contributing $17 million in sales with $7 million in expenses for the quarte

Phoenix Predicts Profitable Q2 on 20% Organic Growth

Phoenix Footwear Group is predicting that 2006 second quarter net sales will be over $34 million, more than double the $15.4 million recorded in the second quarter of 2005. The expected increase is from both organic growth and newly acquired business unit

Rocky Sees 12.5% Q2 Sales Decline on Military Sales

Rocky Brands, Inc.’s second quarter net sales decreased 12.5% to $57.3 million compared to $65.5 million for the corresponding period a year ago. The majority of the decline was due to approximately $5.8 million of footwear sales to the military compared

Black Diamond Adds Three to Team

Black Diamond Equipment Ltd. hired Adam Chamberlain as Marketing Brand Manager, Nathan Kuder as Softgoods Category Manager and Steve Kropf as the Rockies region Sales Representative for its Ski and Mountain lines…

Volcom Sees Sales and Earning Jump in Q2

Volcom, Inc. posted a total revenue increase of 28.0% to $46.1 million for the second quarter, up from $35.9 million in the same period last year. Gross profit as a percentage of total revenues for the second quarter was 49.8%, compared with 52.1% in the

Outdoor Coalition Again Drives VF Corp. Gains…

VF Corporation reported their 11th consecutive quarter of record sales and earnings results. Revenues rose 8% in the second quarter to $1.57 billion, compared with $1.45 billion in 2005. This increase was fueled by organic growth across VF’s different co