SGB Update Footwear

Sears Holdings Looks to Acquire Sears Canada

Sears Holdings Corporation is proposing to acquire all of the outstanding common shares of Sears Canada Inc., for C$16.86 per common share in cash, after the distribution to shareholders of the C$18.64 per share distribution announced last Friday by the B

Specialized Wins FSR Patent Case

After a year and a half of arbitration and courtroom battles, Specialized has successfully defended its FSR suspension system. Under the terms of a recently reached agreement, Scott USA admits that its existing Genius bicycle suspension design infringes o

Easton Sports Canada Makes Organizational Changes

Easton Sports Canada announced several position changes to that will help the company to serve retailers throughout Canada and Europe. Luc Leboeuf will represent Easton hockey products in western Quebec. Jason Brown has joined the Canadian hockey sales ma

WESC Appoints Zobel as US Sales Director

“WeAretheSuperlativeConspiracy” announced that former Etnies Girl national sales manager, Sunny Zobel, has joined the WESC team as US sales director. Zobel will be based in the Culver City, CA WESC office and will begin her role immediately…

TSA Fined by NYC on Returns Policy…

The Sports Authority was one of three retailers fined by the New York City Department of Consumer Affairs on charges that the companies refused customer returns without disclosing conditions of their return policies. All three companies used return-track

Gildan Posts Strong Q4; Hints at Possible Sock Deal…

Gildan Activewear saw a strong fourth quarter help finish a strong 2005 that left the company with a decent chunk of cash on hand and several options to explore. Small one-time fees were about the only downside as management discussed growing market shar

American Recreation the Only Bright Spot for Kellwood…

Kellwood, parent company to American Recreation, continues to struggle with restructuring and creating a solid design infrastructure for many of its apparel brands. However, American Recreation, which includes Kelty, Sierra Designs, and Slumberjack, conti

OGIO Fights Against Bag Organizer Infringement

OGIO announced that it has issued more than a dozen cease-and-desist letters to golf retailers and bag manufacturers throughout the U.S., which the company feels are infringing on the its patented Woode organization technology…

ISIS Appoints Siquis as Agency of Record

ISIS announced the hiring of Siquis Ltd. of Baltimore, Maryland as the company's agency of record. Siquis will handle all aspects of the ISIS image including collateral, in-store merchandising, advertising, and website development…

Forzani Renovations Pay off; Q3 Corporate Comps Climb 3.2%

The Forzani Group Ltd. reported retail system sales for the third quarter were $307.6 million, an increase of $50.2 million, or 19.5% from $257.4 million. Total Revenue, consisting of corporate store sales, wholesale sales, service income, equipment renta

Kellwood Sees Sales Decline 12.5% in Q3

Kellwood Company Sales from continuing operations for the third quarter decreased 12.5% to $587 million, as compared to $671 million last year. Net earnings for the third quarter were $16.2 million or $0.60 per diluted share. The “other soft goods” divisi

Surf Tourism on the Rise in Costa Rica

Tourists visiting Costa Rica with the express purpose of surfing more than doubled between 2001 and 2004 announced Antonio Pilurzu, president of Costa Rica’s Federation of Surf. He cited statistics compiled by the Costa Rican Tourism Board (ICT) from a su

SRAM Hires Schutt to Handle MTB PR

With tremendous growth in nearly every product category, SRAM has now established two PR positions in separating MTB and Road. SRAM’s new MTB PR Manager is Eric Schutt, who will make the transition from Marketing Events Coordinator in early December. Schu