SGB Update

EBay Enterprise Comps Up 14 Percent in Q2

EBay reported gross merchandise sales by its Enterprise segment increased 15 percent to $940 million in the second quarter ended June 30, 2014. The segment, formerly known as GSI Commerce, enabled its clients to grow same-store sales 14 percent…

Wellco Parent Files for Bankruptcy

Tactical Holdings, a major supplier of military footwear, has filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court in the District of Delaware, and is seeking a quick sale of its businesses. The company’s footwear businesses include Wellc

RECALL: 120 GT Fury Mountain Bikes

Cycling Sports Group (CSG) recalled about 120 GT Fury bikes sold in the United States and another 32 sold in Canada because the wheel hubs can break and cause the brake system to ail, posing a crash hazard for riders.

Brunswick Sells Retail Bowling Business to Bowlmor AMF

Brunswick Corporation has agreed to sell its Retail Bowling business to Bowlmor AMF for $270 million, contingent upon customary closing procedures. Brunswick also announced its intention to divest its Bowling Products business. Brunswick is targeting to c

Sports Direct Reports Double Digit Comps Growth for Fiscal 2014

Sports Direct International plc's comparable store sales grew 10.5 percent in the fiscal year ended April 27 on top of a 10.6 percent increase in the prior fiscal year, according to preliminary figures released by the rapidly growing U.K. based retai

LaCrosse Footwear Acquires White’s Boots

LaCrosse Footwear has acquired the White's Boots Inc., which makes custom boots for logging and other commercial applications. Terms of the deal weren't disclosed…

Kinderhook Acquires Schawbel Corporation

Kinderhook Industries, a private equity firm based in New York, has purchased The Schawbel Corporation, maker of the zone mosquito defense brand, Thermacell…

Allied Down to Present Responsible Down Seminar at OR

Allied Feather & Down will host a breakfast seminar at Outdoor Retailer Summer Market to educate the industry about the value of responsible sourcing of down adds value and assurance to brands and retialers worldwide…

House Approves Amendment Banning Changes to Voluntary Recall Rules

The U.S. House passed late Tuesday Amendment 1094 to H.R. 5016, an amendment that stops the Consumer Products Safety Commission (CPSC) from making changes that many trade groups argue would greatly reduce legal protections afforded manufacturers who parti

OnlineShoes.com Sold

Hardy Capital Partners, along with a small group of prominent Canadian investors, have acquired 100 percent of OnlineShoes.com, a $140 million profitable online footwear retailer based out of Seattle. Hardy Capital Partners also acquired 100 percent of Sh

Runnings Announces Major Company Expansion

Runnings, which sells hunting and fishing products from more than 30 general merchandise stores in Minnesota, the Dakotas and Montana, is expanding to New York this fall…