SGB Update

Wenger Raids Counterfeit Backpack Operation

Wenger, maker of the Genuine Swiss Army Knife, has successfully broken-up a counterfeit operation at a factory located in the Huadu district of Guangzhou, China where several hundred fake Wenger backpacks were being manufactured. On July 11th Wenger inves

Munich’s Bike Expo Sees Strong Traffic

More than 6,500 industry professionals from over 50 countries flocked to the Bike Expo in Munich. This represents a further increase of the number of trade show visitors of close to 14 percent over the last show. A total of 301 exhibitors from 22 countrie

VF Corp. Beats Street with Strong Second Quarter

While gearing up for its mega-acquisition of Timberland, VF Corp. is only seeing its own business continue to gain momentum this year. Second quarter earnings rose 17 percent as double-digit sales growth in all segments helped offset rising input costs pr

Costa and Native Drive Q2 Growth at A.T. Cross

Sales of Costa and Native sunglasses continued to drive growth at A.T. Cross & Co. in the second quarter, when sales at Cross Optical Group (COG) rose 21.4 percent to $24.7 million…

LaCrosse Footwear Posts Q2 Loss Despite Sales Gains

LaCrosse Footwear, Inc. reported sales for the second quarter ended June 25 edged up 1.9 percent to $27.1 million as sales growth in the company’s Outdoor offset declines in the Work market, which were fueled by military contract order declines and

Skullcandy Has Solid IPO Debut

Skullcandy Inc.’s IPO raised $188 million before underwriting expenses, with about half the proceeds going to the company and the other half to selling shareholders. The offering was priced Tuesday night at $20, above its previously projected range

Vibram Files Patent Infringement Suit Against Fila

Vibram SpA and its wholly-owned subsidiary, Vibram USA Inc., have filed suit against Fila USA, claiming its “Skele-toes” footwear collection infringes on U.S. patents that cover Vibram's FiveFingers product. Fila has responded that the allegations h

Rawlings Honors Former Sports, Inc. CEO

At the Sports, Inc. Team Dealer Show in Denver in June, Rawlings Sporting Goods honored former Sports, Inc. CEO Dave Salvi by presenting him with a Rawlings Gold Glove Award…

Cybex Q2 Sales Jump, But Lawsuit Widens Loss

Sales growth was solid for Cybex International, Inc. during the second quarter ended June 25, but litigation related to the much-publicized Bardhard product liability judgement handed down in December continued to sink the company’s bottom line…

eBay Sees GSI Commerce Integration Going Smoothly

EBay Inc. said costs tied to the $2.4 billion purchase of GSI Commerce Inc., completed in June, cut into net income in the second quarter. But management indicated that integration is going according to plan and conversations with many of GSI’s clie

OIA VantagePoint: Specialty Sees June Surge

The five-week retail fiscal month of June saw heavy and frequent discounting across the broader retail landscape as chain and discount stores pulled out all the stops to lure customers in to liquidate Spring/Summer merchandise inventories that have built