SGB Update

Masseys Launches Online Travel Hub

Masseys has created an online hub for customers to access local and destination adventures on its web site. Masseys customers will be able to quickly locate and book trips with local canoe, backpacking, fishing, and surfing guides. The site will also sign

Virginia Congressman Lobbying Universities to Ban Chinese Product

U.S. Representative Frank Wolf, R-VA, told Bloomberg News that he will press Virginia’s universities to stop selling apparel and other products made in China for the same reasons Notre Dame prohibits its licensees from emblazoning its name and logo

Timberland Launches Geocaching Campaign in Europe

Timberland has launched a GPS-enabled treasure hunt that spans six European cities to promote its Earthkeeper footwear range. The Trail of Heroes campaign will run in Berlin, Brussels, London, Madrid, Milan and Paris until June…

Deckers Outdoor to Acquire Sanuk for $120 Million Plus

Deckers Outdoor Corporation signed a definitive asset purchase agreement to acquire the Sanuk brand for $120 million plus earn outs, or nearly three times Sanuk's 2010 sales of $43 million. Deckers said Sanuk is profitable, will be accretive to earni

Ibex Names Mid-Atlantic Rep

Ibex Outdoor Clothing has named Dave Donahue of Kinetic Representatives as its new Mid-Atlantic sales rep covering New York, New Jersey, Pennsylvania, Delaware, Washington, D.C. and Maryland…

Shoe Carnival’s Q1 Comps Increase 3.4 Percent

Shoe Carnival reported sales for the first quarter increased 4.7 percent to $198.5 million compared to net sales of $189.5 million in the first quarter of fiscal 2010. Net earnings rose 7.6 percent to $9.9 million, or 75 cents per share, from $9.2 million

New Balance Creates Casual-Comfort Company

New Balance announced the creation of an independent company to accelerate the growth of company's two casual-comfort footwear brands, Aravon and Dunham, as well as create new brands in the casual-comfort space. Bob Infantino was named president of

Timberland to Open Second Store in NYC

The Timberland Company announced plans to open its second location in Manhattan, at 28 West 34th Street between 5th & 6th Avenues near Herald Square…

Cervélo Co-Founders Change Roles

After years as co-CEOs of Cervélo, owners/founders Gerard Vroomen and Phil White have decided that White will now assume sole CEO status and Vroomen will continue in his role on the board. The Canadian bike manufacturer has also decided to concentrate its

Zumiez Q1 Sales Up 18.8%; Comps Surge 12.6%

Zumiez Inc. reported net sales for the first quarter ended April 30, 2011 increased 18.8% to $105.9 million from $89.1 million reported in the first quarter ended May 1, 2010…

Sherbrook Renews SPHL Sponsorship

Sherbrook SBK Sport Corp has renewed its official supplier agreement with the Southern Pro Hockey League (SPHL) for a period of 24 months, an agreement valued at $600,000…

Iconix Prices $275M Notes Offering

Iconix Brand Group, Inc. announced the pricing of its private offering of $275 million aggregate principal amount of 2.50 percent convertible senior subordinated notes due 2016…

Henry Diamond Honored by Sec. of Interior

Secretary of the Interior Ken Salazar recently presented the Secretary of the Interior’s Lifetime Conservation Achievement Award to Henry L. Diamond, one of the architects of the Land and Water Conservation Fund, for six decades of dedicated service