SGB Update

Zumiez Swings To 2Q Profit On Strong Same-Store Sales Growth

Zumiez Inc. reported sales for the second quarter increased 14.9 percent to $112.2 million from $97.7 million reported a year ago. Comparable store sales increased 7.5 percent on top of an increase of 9.3 percent for the second quarter of fiscal 2010…

Eurobike Opens with More E-bike Buzz

E-bikes and 29-inch trekking bikers are expected to generate much of the buzz at the 20th annual Eurobike Trade Show that kicked off Wednesday, Aug. 31 in Friedrichschafen, Germany. Roughly 1,180 exhibitors from 45 countries will be presenting at the show

Zumiez Enters New Credit Agreement

Zumiez said it entered into a secured credit agreement with Wells Fargo Bank, N.A., according to a filing with the Securities & Exchange Commission…

Moody’s Cuts Brown Shoe Outlook to ‘Stable’

Moody's Investors Service is lowering Brown Shoe Co.'s outlook to “Stable” from “Positive,” citing the footwear company's weaker-than-expected second-quarter performance…

DSW Raises Outlook After Strong Q2

DSW Inc. reported sales increased 14.7 percent in the second quarter to $476.3 million from $415.1 million in the second quarter of 2010. Comparable sales for the second quarter increased 12.3 percent…

Derby Cycle AG Reports Nine Month Sales Up 38 Percent

Derby Cycle AG’s revenues reached EUR 198.8 million ($274 mm) in the nine months ended June 30, up 38 percent compared with EUR 144.1 million in first nine months of fiscal year 2009/10. The German company said it sold 413,000 bicycles from the Kalk

Interbike Proposes Trade Association for Bike Reps

Interbike is considering sponsoring the formation of a non-profit association for sales reps. The association would provide discounts on hotels, office supplies, cell phones serves and other business services, said Pat Hus, the show's new management

OR Booth Deals Raise $50K for Conservation Alliance

Twenty outdoor companies raised nearly $50,000 for the Conservation Alliance by selling products at steep discounts and donating portions or 100-percent of proceeds at this month’s Outdoor Retailer show,…

Easton-Bell Sports Appoints New Members to Board

Easton-Bell Sports, Inc., parent of Easton, Bell, Riddell and Giro brands, appointed two new members to its board of directors. David Perdue, CEO of Aquila Group and former CEO and Chairman of Dollar General, will join the board and serve on the compensa

Nordstrom Offers Free Shipping and Returns

Nordstrom Inc. has decided to offer free shipping on online orders for nearly all purchases less than $200. Up to now, the policy had been free shipping only for purchases over $200…

Adidas Aims at Market Leadership in Poland with UEFA EURO 2012

Adidas Group will use the UEFA EURO 2012 as a platform to achieve market leadership in Poland by 2015, CEO Herbert Hainer said Tuesday in Poland. The company expects the sponsorship will enable it to achieve leadership in the soccer category in Poland in

Saks to Open 5 More Off 5th Stores

Saks Inc. will open five Saks Fifth Avenue Off 5th stores in 2012. The stores will be located in Merrimack, NH, Syracuse, NY, Livermore, CA, Grand Prairie, TX, and Nashville, TN…