SGB Update

Reef Supports Oinofyta Refugee Camp

Reef We Heart and Reef Ambassadors Mike Lay, Victoria Vergara, and Anna Ehrgott this summer made a trip to Greece and helped Armando Aid create and fund education programs, build schools and buy materials for Oinofyta Refugee Camp.

Under Armour To Open Fourth Distribution Center In 2018

Under Armour plans to open a 1.3 million-square-foot e-commerce distribution and warehouse facility at Sparrows Point in Baltimore County, as part of the Tradepoint Atlantic redevelopment project. The facility will open in 2018.

Gregory Sales Up High-Teens Through First Half

Sales of Gregory-branded packs grew 20.9 percent in the first  half ended June 30, or 17.6 percent in currency-neutral terms, Samsonite International S.A. reported. The Hong Kong based luggage and pack giant reported Gregory sales reached $21.8 million during the period, compared with $18.0 million in the first half of 2015. Sales of the  more  […]

G-III Apparel Falls Short

The apparel maker missed its second quarter earnings target and lowered its full-year guidance due to retailers shifting their buys toward in-season replenishment.  

DSW Beats Wall Street Targets

DSW Inc. reported second-quarter earnings slid 33.4 percent on a modest comp decline but adjusted earnings came in ahead of Wall Street’s consensus target and the off-pricer affirmed its outlook for the year.

Lenzing Sales Rise on Stronger Pricing

Higher prices for Modal, Tencel and other wood-based specialty fibers enabled the Austrian company to reach €1.04 billion in sales in the first half of the year.

Garmin: Navico Patent Claims Unresolved

Contrary to statements by Navico Holdings AS, Garmin asserts neither the courts nor federal officials have ruled that its DownVü scanning sonar infringes any patents.

J.Crew To Sell At Nordstrom

J.Crew Group Inc. announced that Nordstrom will sell an edited assortment of the J.Crew collection at select Nordstrom full-line stores and at Nordstrom.com, beginning September 12.

Vista Outdoor Divides Outdoor Brands Into New Segments

Under the new scheme, a VP for Outdoor Recreation will oversee CamelBak and Jimmy Styks and a VP of Sports Protection will oversee Giro, Bell, Bollé, Cébé, Blackburn, Krash, Raskullz, and Serengeti.