SGB Update

Kohl’s Cuts Guidance After Tough December Sales Results

Kohl's Corporation reported that for the five-week month ended Dec. 31 total sales increased 1.7 percent and comparable store sales decreased 0.1 percent. Year to date, total sales increased 2.3 percent and comparable store sales increased 0.5 perce

Nantahala Outdoor Center Wins OIA Inspiration Award

Nantahala Outdoor Center will receive the 2012 Outdoor Industry Association (OIA) Outdoor Inspiration Award at a ceremony presented by the OIA and Adidas Outdoor on Jan. 20 in Salt Lake City, UT. The award is the industry’s top honor for businesses

Buckle’s December Comps Jump 8.9 Percent

The Buckle, Inc. announced that comparable store sales for the five-week period ended Dec. 31 increased 8.9 percent. Net sales increased 12.4 percent to $181.8 million from $161.8 million a year ago…

Riddell Unveils New External Helmet Dating System

Riddell announced that it will be the first manufacturer to provide users with an easy-to-read, initial season of use/maximum life label. The label will be affixed to the exterior of its helmets in order to provide athletes with the highest level of prote

JC Penney Ekes Out 0.3 Comp Increase for December

JC Penney Company, Inc. said comparable store sales for the five-week period ended Dec. 31, 2011 , increased 0.3 percent. This compares to a 3.7 percent increase in the same period last year. Total company sales in December decreased 2.3 percent…

PacSun Reports Flat December Comps

Pacific Sunwear of California, Inc. announced that its December same-store sales were flat, and that its combined November and December same-store sales were minus 1 percent through Dec. 31. The company also reconfirmed its fourth quarter same-store sales

Pete Worley to Head Deckers Asia Pacific

Deckers Outdoor Corporation announced the promotions of two key members of the Teva brand management team. Effective immediately, Pete Worley, president of the Teva brand, will be the president of Deckers Asia Pacific. Teva's Global Brand Marketing D

Ross Stores Posts Strong December Sales Gains

Ross Stores, Inc. reported that sales for the five weeks ended December 31, 2011 increased 14 percent to $1.149 billion from $1.008 billion for the five weeks ended January 1, 2011. Same-store sales for the month rose 9 percent on top of 4 percent and 12

Quiksilver CFO Joe Scirocco to Resign

Quiksilver Inc. announced that Joe Scirocco, the company's corporate chief financial officer, has decided to leave the company to pursue other interests…

RECALL: 2,900 Forté Pro Carbon Road Pedals

Performance, Inc, of Chapel Hill, N.C. is voluntarily recalling about 2,900 2011 Forté Pro Carbon road pedals because they can break or crack during use, causing the rider to lose control and posing a fall hazard…

November Golf Rounds Show Some Recovery

According to Golf Datatech, golf rounds played in the US were up 1.7 percent in November 2011 compared to November 2010. Public access play was up 1.4 percent for the month and private course activity was up 2.4 percent…