SGB Update

Costco’s Comps Jump 11 Percent in November

Costco Wholesale Corporation reported net sales of $7.51 billion for the four weeks ended Nov. 27, an increase of 11 percent from $6.78 billion during the similar four-week period last year…

The Buckle Sees November Comps Rise 6.9 Percent

The Buckle, Inc. comparable store net sales, for stores open at least one year, for the four-week period ended November 26 increased 6.9 percent versus the year-ago month. Net sales for the four-week fiscal month of November increased 9.2 percent to $94.9

Johnson Outdoors Profits Rise in FY 2011

Johnson Outdoors Inc. announced higher revenue, profit and earnings for fiscal 2011 as strong performance by new products in the company's Marine Electronic and Diving brands more than offset a 45 percent drop in…

REI Sets Grand Opening for Manhattan Store for Dec. 2-4

REI (Recreational Equipment, Inc.) will hold the grand opening of REI SoHo, its first location in New York City, in the Puck Building Dec. 2-4. The 35,000-square-foot store, which employs 150, marks the sixth and largest store opened by REI in the Tri-sta

The North Face Publishes First Sustainability Report

The North Face issued its first public sustainability report, which covers the company's progress in 2010 on using bluesign approved and recycled fabrics, reducing greenhouse gas emissions and waste and increasing participation in outdoor recreation

SRAM Delaying Initial Public Offering Until 2012

SRAM, which recently bought out its majority shareholder, has postponed its initial public offering until next summer, according to a report in Bicycle Retailers and Industry News, or BRAIN…

Horny Toad Names New Marketing Manager

Horny Toad has hired Blair Bown as marketing manager, where she will work closely with sales, web and creative departments to develop and execute wholesale and web marketing initiatives to increase brand awareness…

Vail Resorts Narrows Focus of Lodging Business

Vail Resorts will no longer add new RockResorts managed properties outside of the six mountain resorts where it already operates due to difficult conditions in the real estate market. Instead it will focus on expanding operations at existing resorts and w

Aetrex to Introduce GPS-Tracking Shoes

GTX Corp, the maker of two-way GPS Tracking Personal Location Services (PLS) devices, received its second commercial order from Aetrex Worldwide, Inc. The GTX Corp miniaturized 2 way GPS tracking devices are embedded in the Aetrex Ambulator collection bri

Foot Locker Opening Performance Concept in Europe

Foot Locker is opening new concept, Locker Room, in North London Borough of Barnet. Property Magazine International indicated that 4,350 square foot concept focuses on on sports performance footwear, showcasing brands including Nike, Adidas and Asics…

Shaquille O’Neal Looking to Redevelop Shoe Line

Shaquille O’Neal, who retired from the NBA last year, has hired Mary Gleason, who ran the Starter collection for Nike, to help revamp his Shaq-branded footwear and apparel…