SGB Update

Genesco to Acquire H.S. Trask

Genesco has reached an agreement to acquire the intellectual property and related assets of H.S. Trask, the brown shoe and boot brand, from Phoenix Footwear…

Rage Outdoors Names Syverson VP of Sales

Rage Outdoors, LLC, the manufacturer and marketer of archery brands including Rage Broadheads and Ghost Quivers, confirmed that Jon Syverson has joined the company as its vice president of sales…

Macy’s May Comps Up 7.4 Percent

Macy’s, Inc. reported total sales of $1.94 billion for the four weeks ended May 28, 2011, an increase of 8.5 percent compared with total sales of $1.79 billion in the four weeks ended May 29, 2010. On a same-store basis, Macy’s, Inc. sales wer

Mammut to Open 44,000-sm European Warehouse

Mammut is investing EUR 22.5 million in a global distribution center that will open next year near the German town of Memmingen. The warehouse will support the company's growing business in Germany, Austria, Switzerland, the United Kingdom, the Unite

REI Stewardship Report List Major Accomplishments of 2010

REI donated more than 109,000 volunteers hours, reduced CO2 emissions 2.9 percent in its direct fulfillment operation despite a 22.9 percent increase in direct sales and established a Fair Labor Oversight Committee accountable to REI’s board of dire

U.S. Outdoor Act Reintroduced in the House

A bipartisan duo from Washington's delegation in the U.S. House of Representatives reintroduced the U.S. OUTDOOR Act, which seeks to eliminate tarrifs as high as 28 percent on imported recreational performance outerwear. The high cost of gear and equ

RECALL: Bell Sports Exodus Children’s Bike Helmets

Bell Sports has voluntarily recalled about 31,100 full-face bicycle helmets in the United States and 2,500 in Canada due to a faulty buckle, according to the U.S. Consumer Product Safety Commission and Health Canada.

Yue Yuen’s Profits Climb 24 Percent in Six Months

Yue Yuen Industrial Ltd. reported sales rose 24.4 percent in the six months ended March 31, to $3.30 billion while net profit increased 9.2 percent to $230.1 million. Revenues in the U.S. region rose 19 percent. Overall athletic footwear sales grew 23.1 p

Kneissl Could Liquidate without June 15 Cash Infusion

Customers, creditors and other stakeholders of the bankrupt Austrian ski maker Kneissl could learn its fate as early as June 15, when the company could be liquidated if its majority shareholder does not deposit a long promised capital infusion, according