SGB Update

Advocacy Advance Grants $100,000 for Bike Projects

In line with a goal to double federal funding for biking and walking, Advocacy Advance is awarding $100,000 in direct grants to four bicyling advocacy organizations. Recipients will use the grants to tap into federal funding streams and build their politi

New Balance Opens First North American Experience Store

New Balance on Thursday opened its first North American Experience Store in New York City's Flatiron District. The store, located at the corner of Fifth Avenue and 20th Street, features a Mondo running track and a unique Demonstration Area where New

Head NV Sees H1 Loss Widen on Lower Sales, Global Economy

Head NV and HTm Sport GmbH, a subsidiary of Head NV, reported that overall, sales for the group declined by nearly 1.4 percent for the first six months of the year. The net loss for the six months increased by €1.8 million…

NRF: Import Cargo Remains Down, But Uptick Seen for Holidays

Import cargo volume at the nation’s major retail container ports will remain below last year’s levels for the remainder of the summer before seeing year-over-year gains again this fall as retailers begin to stock up for the holiday season, acc

Maier Sports GmbH Acquired by Investment Firm

Germany-based company Maier Sports GmbH & Co. KG and its brands Maier Sports and Gonso have been acquired by Findos Investors, which plans to expand both brands, according to media reports…

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…