SGB Update

West 49 Obtains Court Approval on Sale to Billabong

West 49 Inc. announced that following a hearing held on Thursday, the Ontario Superior Court of Justice issued the final order approving its proposed sale to Billabong International Ltd…

Nike Secures Automatic-Lacing Patent

Nike Inc. has secured a patent with the World Intellectual Property Organization for an “automatic lacing system.” Many stories circling around the Internet linked the product to the footwear worn by Michael J. Fox's character Marty McFly in the 1989

RILA Taps Engineer to Head up Sustainability Efforts

The Retail Industry Leaders Association (RILA), whose board of directors includes the CEOs of VF Corp. and REI, hired an aeronautical engineer with an MBA from MIT to head up its sustainability initiatives. Adam Siegel was named vice president of sustaina

Sears.com Launches Footwear Microsite

Sears has upgraded its shoe microsite at Sears.com/shoes to provide expert advice, trend insight and other interactive features…

Smith and Wesson Names VP of Sporting Goods Sales

Smith & Wesson Corp. named Michael J. Brown to the newly created position of vice president of sporting goods sales in the firearms division. Brown most recently served as president and CEO of Camfour, Inc., a shooting sports distributor…

Edwin Watts Opens Sears Shop-in-Shop in New Jersey

Sears Holdings opened the first-ever Edwin Watts Golf Shop in the state of New Jersey – inside a Sears store. The in-store shop at the Livingston Mall in Livingston is one of 12 new service-oriented Edwin Watts Golf Shops that will open inside Sears store

Li Ning Reports 11.2% Revenue Gain in First Half

Li Ning Group Limited reported revenue grew by 11.2% in the six months ended June 30, to RMB4,504.6 million ($667 mm) with most the sales coming from its eponymous brand. The Chinese company said it will continue to up its sponsorship spending on elite at

Brooks Signs Angela Bizzarri

Brooks Sports, Inc. announced partnerships with five accomplished female runners. Leading the pack is Angela Bizzarri, 2010 NCAA Indoor 3,000 meter champion, 2009 NCAA Outdoor 5,000 meter champion, and 2009 NCAA Cross Country champion…

Perry Ellis Revenues Jump 2% in Q2; Boosts Guidance

Perry Ellis International said second quarter revenues ending July 31, 2010 increased 2% to $161.8 million compared to $159.2 million reported in the comparable period ended August 1, 2009. As a result, the company will boost full year guidance…