SGB Update

Orange 21 Divestitute Hurts Sales, Helps Margins

Orange 21 Inc., which makes Spy and O'Neill sunglasses and goggles, reported consolidated net sales decreased by $1.6 million, o4 19.3 percentfor the three months ended March 31, 2011 from $8.3 million for the three months ended March 31, 2010. The m

Saks Q1 Profit Climbs on 10.2 Percent Comp Gain

Saks Inc.'s fiscal first-quarter earnings rose 51 percent, reflecting solid same-store sales growth and improved margins. The upscale earned reported a profit of $28.4 million, or 16 cents a share, up from $18.8 million, or 11 cents a share, a year e

Mountain Hardwear Adds Sales Managers

Mountain Hardwear said Tom Shores will serve as its western regional sales manager, while Mark Kallerud will fulfill the role of regional specialty sales manager for the Mountain Hardwear and Montrail brands…

Wenger’s Boulder Store Honored for Design

Wenger's Boulder, CO store has been honored as Store of the Year by the Association of Retail Environments (A.R.E.). The award recognizes the best in retail design, store fixtures and visual presentation…

PacSun to Launch Designer Collaborations

As part of a new initiative called The Trade Collective, PacSun is announcing a number of limited edition collaborations with designers whose product will be available at PacSun stores nationwide. The first brand to launch as part of The Trade Collective

Adidas Appoints Chief Marketing Officer for Adidas Brand

Adidas has appointed Hermann Deininger as chief marketing officer (CMO) for the Adidas brand, effective June 1. In this new role, Deininger will be responsible for all three adidas sub-brands, adidas Sport Performance, adidas Originals and adidas Sport St

Former Nike Exec to Head Dockers

Levi Strauss & Co. said that Anne Rohosy, a former Nike executive, will become president of its Dockers khakis brand. She replaces Jim Calhoun, who resigned last month to become CEO of Hurley International LLC, owned by Nike Inc…

NSSF Completes Study on AR-style Rifles

With so many MSRs purchased from 2008 to early-2010, , the National Shooting Sports Foundation, the trade association for the firearms and ammunition industry, wanted to learn more about owners’ use and attitudes related to these firearms…

Adidas Said to Be Among Final Acushnet Bidders

Adidas AG and Blackstone Group LP are among the companies vying for Acushnet Co., Fortune Brands Inc.'s golf division that includes Titleist and FootJoy, sources told Bloomberg News. Offers are due May 9, and Fortune Brands may negotiate with multipl

PEP Grants Approved for FY 2011

The U.S. Department of Education announced that PEP will receive $78.84 million in funding for fiscal 2011. That's just 0.2 percent less than the federal government approved in FY 2010. The Sporting Goods Manufacturers Association (SGMA) said the app