SGB Update

Fleet Feet Honors Franchises

Fleet Feet Inc., the franchisor of running specialty stores, honored many of its franchises last week at its annual National Franchise Conference held in Chicago. One of the big winners was Lisa and David Zimmer, owners of Fleet Feet Sports Chicago, IL, w

Accell Subsidiary Batavus Acquires Swedish Vartex

Accell Group N.V. said an agreement has been reached on the acquisition by its subsidiary Batavus of all shares in Vartex AB. Vartex is a trading company in bicycles and bicycle parts based in Varberg, Sweden…

Outdoor Nation National Congress Convenes Today

Outdoor Nation's 2011 summit series kicked off Thursday in New York City with a National Congress representing all 50 States, followed by three-day regional Youth Summits in New York City, Atlanta, Minneapolis, Denver and San Francisco from June 24

Genesco Acquires UK Retailer; Journeys Q2 Comps Up 15 Percent

Genesco Inc. has acquired Schuh Group Ltd., a specialty retailer of casual and athletic footwear based in the United Kingdom for roughly $113 million plus earn out payments. Genesco also disclosed same-store sales increased 14% in the second quarter to da

Lululemon Sets Date for Twofer Stock Split

The Lululemon Athletica Inc. board of directors has established July 8, 2011 as the record date for the previously announced two-for-one stock split of the company's common stock…

Rocky Brands Licenses Name for Belts and Accessories

Rocky Brands has signed a multi-year licensing agreement to allow 3D Belt Company to design, manufacture and sell belts, wallets and cell phone cases under the Rocky and Georgia Boot brands…

Nordsrom Secures Credit Line

Nordstrom, Inc. has completed a new five-year $600 million senior unsecured revolving credit facility. The new facility replaces a $650 million senior unsecured revolving credit facility that was scheduled to mature in August 2012…

Crocs CEO Wins Turnaround Award

Crocs, Inc. announced that John McCarvel, the company's chief executive officer and president, was awarded the Stevie Award for turnaround executive of the year at the 2011 American Business Awards…

Above the Rim Signs Street Baller Corey Williams

Above the Rim (ATR), the basketball brand owned by Collective Brands, announced its endorsement deal with streetball legend Corey “Homicide” Williams. Under the terms of the deal, Williams will endorse ATR footwear and apparel and serve as an active brand