SGB Update

Sportfishing Industry Seeks Disaster Relief

The American Sportfishing Association (ASA), the trade association representing the sportfishing industry, has urged Congress to ensure that recreational fishing-dependent businesses are specifically included in disaster relief allocations…

Deckers Outdoor Declares Three-for-One Stock Split

Deckers Outdoor Corporation has approved the increase of its total authorized number of shares of common stock and therefore, as previously announced, the company will effectuate a three-for-one stock split of the company's common shares…

Victory Archery Signs Fromme

Bob Fromme, world class bowhunter and business owner, has recently joined Victory Archery as a member of its Elite ProStaff and as Product Development Consultant…

Genesco’s Hat World Agrees To Acquire Sports Avenue

Genesco Inc. announced that its Hat World subsidiary has entered into an agreement to acquire the assets of Sports Avenue and related entities. Sports Avenue operates 46 retail stores across the United States and 13 ecommerce sites, selling officially li

Rocky Brands Receives Military Order Worth $3.2M

Rocky Brands, Inc. has received an additional order to produce approximately 45,000 pairs of insulated boots with an approximate value of $3.2 million under the $29 million blanket purchase agreement with the…

NRF Supports Renewal of Depreciation Rule

The National Retail Federation asked the House to extend a tax rule that allows retailers to depreciate remodeling and other improvements to their stores over 15 years rather than the previous 39, saying the move would help save “critically needed” jobs..

Fila Golf Appoints Veteran Sales Reps

Fersten Worldwide, the exclusive licensee of Fila Golf in North America, has appointed golf industry veterans Ron Birrell and Steve Sakovitz as sales representatives to service Fila Golf men's and women's apparel…

Senator Seeks More Competition for Army Arms Contract

U.S. Sen. Charles Schumer, D-N.Y. has written to U.S. Army Secretary John McHugh asking him to open up competition for the Army's small arms contracts to other U.S. manufacturers, including Remington Arms. Currently only Defense LLC, General Dynamics

JJB Sports’s Comps Fell 27.3% During Difficult 2009

JJB Sports plc reported retail sales at its ongoing businesses of £361.1 million ($570.2mm) for the 53 weeks ended Jan. 31, 2010, down 22.6% from £466.6 million ($849.7 mm) in the 52 week period ended Jan. 25, 2009. Comp store sales during the period decl

Genesco Raises FY10 Outlook on Strong Q1 Results

Genesco Inc. reported earnings nearly tripled in its first quarter ended May 31 before special items in both periods. Sales increased 8% to $401 million from $370 million a year ago. Comparable store sales grew 5%. The Journeys Group's comps rose by

Consumer Confidence Increases for Third Straight Month

The Conference Board Consumer Confidence Index increased in May, its third consecutive monthly gain. The Index now stands at 63.3, up from 57.7 in April. The Present Situation Index increased to 30.2 from 28.2. The Expectations Index improved to 85.3 from

Alan Cohen to Resign as Finish Line’s Chairman

The Finish Line, Inc. announced that Alan H. Cohen, the company's co-founder and chairman, has informed the board of his decision to retire as chairman and as a member of the board at The Finish Line's 2010 Annual Meeting of Shareholders to be h