SGB Update Footwear

CenterStone’s B2B E-Commerce Solutions Receive Record Adoption

For the fourth consecutive year, CenterStone Technologies reported record numbers for transactions processed through its iVendix and Escape B2B e-commerce applications in 2008. The company's solutions have helped to expand the marketplace for vendors

Siegel Returns to Lacoste

Devanlay SA announced the appointment of Robert Siegel as CEO of Devanlay U.S. Inc., the licensee for Lacoste branded apparel in the U.S. He replaces Robert Skinner, Jr., who has resigned due to differences with the Board…

Chernin’s to Shutter Doors

Chernin's Shoe Outlet LLC, the discount footwear retailer, is going out of business. The Chicago-based chain filed for Chapter 7 bankruptcy, listing assets of between $500,000 and $1 million and liabilities of between $1 million and $10 million. Che

Skechers Warns of Fourth Quarter Loss as Margins Contract

Skechers USA, Inc. said its fourth quarter 2008 results are expected to be significantly below the range of its previous outlook. For the fourth quarter of 2008, the company now expects net sales to be in the range of $290 million to $300 million and a ne

Sport Chalet Reviews Strategic Alternatives

Sport Chalet, Inc. is evaluating strategic alternatives, including raising additional capital and amending or replacing its current credit facility. This includes retaining Wedbush Morgan Securities as its financial adviser in this process. In a press re

LaCrosse FW Q4 Net Halved on Higher Expenses

LaCrosse Footwear, Inc. reported consolidated net sales of $35.1 million for the 2008 fourth quarter, up 8% from $32.7 million in the fourth quarter of 2007. For the full year 2008, consolidated net sales were $128.0 million, up 8% from $118.2 million in

NGCOA: Golf Rounds Played in 2008 Down 0.8%

The PGA of America and the National Golf Course Owners Association (NGCOA) announced recently that rounds played in 2008 were down 0.8% nationwide, with a similar decline in YTD days open (-0.7%). This is based on responses from approximately 2,500 facil

National Golf Rounds Played Drops 6.8% in December

The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic

Feedback Sports Acquires Ultimate Bike Support

Feedback Sports LLC has acquired Ultimate Bike Support, the bicycle division of Fort Collins, Colo.-based Ultimate Holdings. Feedback Sports, headquartered in Golden, CO, manufactures a line of scales and tools for bicycle mechanics, cyclists and outdoor

Retail Container Traffic to Fall 11.8% in First Half of 2009

After ending 2008 down 7.9%, cargo volume at the nation’s major retail container ports is expected to drop at an even faster pace during the first half of 2009 as the economic recession continues, according to the monthly Port Tracker report released toda

National Golf Rounds Played Drops 6.8% in December

The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic

Ross January Comps Decline 2%, Raises Q4 Guidance

Ross Stores, Inc. reported sales for the four weeks ended Jan. 31, 2009 of $365 million, a 4% increase over the $350 million in sales for the four weeks ended Feb. 2, 2008. Same store sales for the four weeks ended Jan. 31, 2009 declined 2% compared to th

Stage Stores January Comps Fall 13.1%

Stage Stores, Inc. said total sales for the four-week period ended Jan. 31, 2009 decreased 9.4% to $74.4 million from $82.1 million in the prior year four week period ended Feb. 2, 2008. Comparable store sales for the month decreased 13.1% versus an incre

Fairway and Greene Inks PGA Deal

The Wyndham Championship has signed a new three-year deal with Fairway & Greene, which will produce official apparel for the PGA Tour event. As the official provider, Connecticut-based Fairway & Greene will produce all apparel for tournament officials, st