SGB Update Footwear
Nautilus to Incur Charge to Shed Commercial Business
Nautilus Inc. expects to incur charges of $13.5 million in connection with its previously announced plan to shed its commercial business division, according to a regulatory filing with the Securities and Exchange Commission. It expects $4 million in cash
Acushnet to Appeal Tokyo Court Ruling
The Acushnet Co., the parent of Titleist, FootJoy and Cobra, plans to appeal a Tokyo court's decision that its Japanese division infringed on the copyrights of Japan's Bridgestone Sports Company with its Titleist balls…
Indonesian Firm Sues Billabong Over License Agreement
Billabong International disclosed that it is subject to a civil claim requesting compensation of $53 million and $100 million for unspecified damages relating to a license dispute in Indonesia…
Crosman Corp Opens European Distribution Center
Crosman Corporation, the shooting sports specialist, announced the opening of a new warehouse and distribution facility in Shannon, Ireland…
AAFTA Names Swisher President
After serving as VP and marketing director since Jan. 1, Randi Swisher has been promoted to president of the American Fly Fishing Trade Association, or AAFTA.
ICSC: February U.S. Chain Store Sales Much Better Than Expected
The International Council of Shopping Centers reported that U.S. chain store sales in February rose by a strong 3.7% on a comparable store basis, or much better than its expectation. The February showing was the strongest since November 2007 (+4.9%), whic
Billabong to License Skate Brand Plan B
Billabong International Limited today announced it has entered an exclusive 10-year agreement to license the California-based skateboard brand Plan B…
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Cornell Activists Protest Nike over Plant Closings
Cornell University's Chapter of Students Against Sweatshops (CSAS) launched a new campaign dubbed, 'Just Pay It,' to protest events surrounding the closing of two factories in Honduras that had been operated by Nike subcontractors. As repor
Court backs EU anti-dumping duties on Chinese shoes
A European court has dismissed Chinese claims that a recent decision to impose anti-dumping duties on shoes from China and Vietnam was unfair…
Spyder Creates Corprorate Division
Spyder announced the creation of a new corporate division that will focus on resort and race business independently yet within the Spyder infrastructure…
Costco Sees 5% Comp Increase in February
Costco reported net sales of $5.61 billion for the four weeks ended Feb. 28, 2010, an increase of 11% from $5.06 billion in the same four-week period of the prior fiscal year. Comparable-store sales in the U.S. rose 5%…
The Buckle’s February Comps Climb 5.1%
The Buckle, Inc. reported comparable store net sales for stores open at least one year, for the four-week period ended Feb. 27, 2010 increased 5.1% from comparable store net sales for the four-week period ended Feb. 28, 2009…
Winter Weather Cut into February Apparel Sales
After January's increase of 0.6%, U.S. apparel sales fell 1.8% in February 2010 on a year-over-year basis as severe winter weather depressed sales in many areas of the country, according to MasterCard Advisors' SpendingPulse. Overall online sale
TJX Reports February Comps Up 10% on 16% Sales Growth
The TJX Companies, Inc. February 2010 sales results. Sales for the four-week period ended Feb. 27, 2010, were $1.4 billion, up 16% over the $1.2 billion achieved during the four-week period ended February 28, 2009…
Target Reports February Comps Up 2.4%
Target Corporation reported that its net retail sales for the four weeks ended Feb. 27, 2010 were $4.64 billion, an increase of 6.0% from $4.37 billion for the four weeks ended Feb. 28, 2009. On this same basis, February comparable-store sales increased 2
