SGB Update

Life is Good to Launch Game and Toy Line in Fall 2012

The Life is good Company, the Boston-based apparel and lifestyle brand has entered into a multi-year licensing agreement with Synergy Sportz (d/b/a Yukon Charlie’s) to produce and distribute a wide variety of Life is good branded games and toys in t

Macy’s Reports Solid Q2 Profit, Boosts Outlook

Macy’s, Inc. reported earnings of 55 cents per diluted share for the second quarter of 2011 ended July 30, 2011. This represents a 57 percent increase in earnings per share from earnings of 35 cents per diluted share in the second quarter of 2010…

Profits, Revenues Surge for Ralph Lauren in Q2

Polo Ralph Lauren Corporation reported net income of $184 million, or $1.90 per diluted share, for the first quarter of fiscal 2012, compared to net income of $121 million, or $1.21 per diluted share, for the first quarter of fiscal 2011…

PGA Tour Superstore to Open in Palm Beach, FL

On the heels of opening its Denver store in May, PGA TOUR Superstore said it will bring another location to Palm Beach County, FL, with the opening of a 50,000 square-foot superstore in Delray Beach…

Brown Shoe Announces Key ASG Management Hires

Brown Shoe Company, Inc. has made four strategic additions to the leadership team within its American Sporting Goods (ASG) division, appointing Jim Hoff as VP sales across all ASG brands, Alan Vickers as VP international, Brad Little as VP & brand manage

Heelys Posts Q2 Loss on 5.2 Percent Sales Decline

Heelys, Inc. reported that net sales decreased5.2 percent to $8.3 million for the three months ended June 30 from $8.8 million for the three months ended June 30, 2010. Domestic net sales increased $517,000, from $2.2 million for the three months ended Ju

Shock Doctor Inks Vikings’ Harvin

Minneapolis-based Shock Doctor said that Minnesota Vikings wide receiver Percy Harvin will join its Team Shock Doctor, an elite group of athletes who use Shock Doctor sports protective gear…

Trek to Warehouse and Fulfill Dealers Online Orders

Trek Bicycle unveiled “Trek Sync,” a program whereby Trek will warehouse and fulfill aftermarket product orders placed on Trek retailers’ websites. To help its dealers begin selling more online, Trek is providing its dealers access to i

Nautilus Inc. Narrows Q2 Loss on Improving Sales

Nautilus, Inc. reported that net sales for the second quarter rose 13.3 percent to $34.7 million, as compared to net sales of $30.6 million for the same quarter in 2010. The loss from continuing operations was $2.2 million, or a loss of 7 cents per dilute

Escalade Sports Posts Double-Digit Sales Increase in Q2

Escalade, Inc. revenues for the second quarter of 2011 were up 14 percent over the same quarter last year and year-to-date revenues were up 13 percent over the same period last year. After additional investment in new product development and marketing, th

Tag Heuer Latest to Drop Tiger Woods

TAG Heuer ended its endorsement agreement with Tiger Woods when it expired last month. The deal is believed to be in the neighborhood of $10 million per year. The company initially signed Woods to the endorsement contract n 2002…