SGB Update

Pantone Releases Top 10 Colors for Women’s Spring 12 Fashion

Pantone LLC said women will be looking to vivid brights, fun-loving pastels and soft, muted tones such as Tango Tangerine, Solar Power and Bellflower in their fashion next spring for “renewed energy, optimism and the promise of a brighter day.” The compan

Wenger’s Swiss Army Knife Gets Own Music Video!

Just when it looked like Wenger had identified every possible function for its Guinness World Record Giant Swiss Army Knife they recently discovered another – a musical instrument. Wenger collaborated with Sound Designer and Composer Roger Lima of WhiteNo

Russell Athletic Agrees to 19.5 Percent Raise for Honduran Workers

Russell Athletic signed a collective bargaining agreement (CBA) with workers at a Honduran factory it closed and then reopened in 2009 after being lambasted for union busting by U.S. college students and labor. The company signed the CBA May 24…

Nemo Equipment Names New Reps

Nemo Equipment, Inc. has partnered with Waypoint Outdoor for representation in the Pacific Northwest and Groupe 7 1/2 & Co. in Ontario and the Maritimes…

Nike Releases Famed Back to the Future Shoe

Nike has created a limited-edition shoe based on the model audiences saw in the 1989 movie “Back to the Future II.” Nike will release 1,500 pairs of the 2011 Nike Mag sneaker. It will auction them on eBay and donate proceeds to the Michael J. Fox Foundat

Smith and Wesson Fiscal Q1 Profit Slumps

Smith & Wesson Holding Corporation reported revenue for the first quarter was $99.2 million, up 4.5 percent from the year-ago quarter. Firearm division revenue was $91.7 million, an 18.0 percent increase over the first quarter last year, and was strong ac

Nike Opens Customizable Store in Texas

Nike opened its first full-price store in Texas. The store offers a 'Custom Build It' section to create shoes and apparel. According to the Dallas Morning News, the 25,000-square-foot store is one of six concept stores that Nike has opened natio

NRF Asks Supercommittee to Focus on Economy and Jobs

With a congressional 'supercommittee' on deficit reduction set to begin work this week, the National Retail Federation sent a letter to committee members urging the panel to focus on initiatives that will boost the economy and create jobs…

Warnaco Launches Stock Buyback Program

The Warnaco Group, Inc., the parent of Speedo, announced that its board of directors has approved a new multi-year share repurchase program for up to $200 million of the Company's outstanding common stock…

G-III Apparel’s 2nd-Quarter Profit Falls

G-III Apparel Group, Ltd. reported that net sales in its second quarter increased by 21.7 percent to $230 million from $189 million in the year-ago period. The company reported net income for the second quarter of $1.6 million, or 8 cents per diluted shar

Performance Bicycle Appoints SVP of Merchandising

Performance Bicycle appointed Mark Leydecker as senior vice president of merchandising. Leydecker, who served in various capacities with the brand from 1995 to 2005, will be responsible for all brand merchandising activities, leading a team focused on dev

Amazon.com Negotiating Reprieve from California Internet Sales Tax

Amazon.com has reached a tentative deal with the State of California and brick-and-mortar retailers to drop its opposition to the state's new Internet sales tax on the condition it support federal legislation that will make collecting such taxes easi