SGB Update

Ebay Inc. Completes Sale of Ebay Enterprise

Ebay Inc. completed the previously announced sale of Ebay Enterprise to a Sterling Partners and Permira Funds. Enterprise Operations & Enterprise Technology Services was sold to Sterling Partners…

L.L.Bean Names New President and CEO

L.L.Bean named Stephen Smith as president and CEO. The hiring marks the first time in the L.L.Bean's 103-year history it's gone outside the company for its new CEO…

EU Eyes Restricting Chemicals in Textiles and Apparel

The European Commission has begun soliciting input from industry, health and policy experts on a potential plan to restrict hazardous substances in textile articles and clothing used by consumers…

Lumo Raises $10 Million in Series B Funding

Lumo Bodytech, the makers of the Lumo Lift posture coach and Lumo Run smart shorts, has raised $10 million in Series B funding. The funding will be used to launch a wearables biomechanics platform…

DSW Names CEO-Designee

DSW Inc. announced that Roger L. Rawlins, executive vice president and chief innovation officer, will succeed Michael R. MacDonald as chief executive officer, effective Jan. 1, 2016. The shoe retailer also sharply lowered its guidance for the year…

American Eagle Outfitters Acquires Tailgate Clothing Company

American Eagle Outfitters Inc. announced the acquisition of Tailgate Clothing Company, which owns and operates Tailgate, a vintage, sports-inspired apparel brand with a college town store concept, and Todd Snyder New York, a premium menswear brand. The pu

Genesco To Acquire Little Burgundy Chain

Genesco Inc. announced that its Canadian subsidiary has entered into an agreement with the Aldo Group Inc. to acquire the 37-store Little Burgundy retail footwear chain in Canada. Based in Montreal, Little Burgundy serves a fashion-oriented 18- to 34-year

Brooks Signs Running Standouts

Brooks Running added Stanford's Jess Tonn and Oklahoma State University's Natalja Piliusina to the Brooks Beasts Track Club team roster…

Rebel Sport Same-Store Sales up 7.73 Percent in New Zealand

Briscoe Group Limited, which owns the Rebel Sports franchise for New Zealand, reported its Sporting Goods sales reached $42.1 million ($27 mm) in the third fiscal quarter ended Oct. 25, up 11.71 percent from the $37.7 million achieved for the equivalent q

Finish Line Launches Twitter Basketball Campaign

The Finish Line, Inc., for the second year in a row, is holding a contest to enable consumers to demonstrate their basketball skills via social media platforms by using #theFundamentals…