SGB Update

Jones Group Cuts Q4 Outlook

The Jones Group Inc. said adjusted and reported fourth-quarter revenues will be in the range of $892 million to $895 million versus previous guidance of $918 million to $961 million. Adjusted and reported gross profit margin is estimated to approximate 35

Delta Apparel Cuts Q2 EPS Guidance

Delta Apparel, Inc. cut its Q2 guidance. Factors cited were record cotton prices combined with selling price discounts as well as lower sales volume in branded products due to price increases to retailers that resulted in somewhat reduced demand…

Power Balance Receives Court Approval to Exit Bankruptcy

Power Balance Performance Technology, the maker of wristbands worn by professional and amateur athletes, has received court approval to emerge from bankruptcy under new ownership. The new owners, which will operate as Power Balance Technologies Inc., plan

Anvil Knitwear Appoints VP of Retail Sales

Anvil Knitwear announced that Doug LeRoy has joined the New York City-based apparel manufacturer as vice president of retail sales. LeRoy comes to Anvil from Gildan where he served as a Vice President of Sales, Merchandising, Marketing and Product Develop

SPRI Adds Dean Young as National Account Manager

SPRI Products, Inc., a leading distributor of rubberized resistance products and fitness accessories, recently hired Dean Young as national account manager, working in the company’s Commercial Division calling on all vertical markets, including hosp

Nike Adds Kevin Chappell as Golf Endorser

Nike Golf announced the signing of 25-year-old Kevin Chappell, who makes his professional debut as a Nike Golf athlete when he tees it up in the first round of the Sony Open in Honolulu, HI…

Honeywell Safety Products Appoints Footwear Manager

Honeywell Safety Products announced that Sean O'Brien has been named director of retail footwear marketing. O'Brien comes to Honeywell from Converse where he was the senior director of merchandising for North America…

Nike to Open Georgetown Location

Nike is expected to replace the large Barnes & Noble store on M Street in Georgetown, according to a Vornado, the real estate developer…