SGB Update

Hanesbrands Announces Sustainability Goals

Hanesbrands Inc., the parent of Champion and Hanes, announced its worldwide goals to reduce energy use and carbon emissions and the launch of a corporate social responsibility Web site that details the company's social programs and environmental stew

McRae’s Q2 Earnings Rise

McRae Industries, Inc. reported consolidated net revenues for the second quarter of fiscal 2010 of $16.7 million as compared to $16.6 million for the second quarter of fiscal 2009. Net earnings for the second quarter of fiscal 2010 amounted to $711,000, o

Senate Bill Aims To Penalize Currency Manipulation

In a move likely to further friction with China, a group of 16 U.S. senators announced bipartisan legislation this week to penalize countries that undervalue their currency to artificially discount their exports…

Stahls’ ID Direct Introduces CADCUTdirect.com

Stahls' ID Direct has unveiled CADCUTdirect.com, a new site for Stahls' customers and decorators who are looking for more information on the benefits of CAD-CUT materials and technology for their business…

Suunto Oy Gets New President

Mikko Moilanen, M.Sc EE, 45, was named today as president of Suunto Oy, where he replaces Juha Pinomaa effective immediately. Pinomaa has voluntarily left the company…

Tiger Woods to Return to Golf

Tiger Woods announced plans to return to competitive golf at the Masters next month. While several sponsors have terminated their relationship with the golfer, companies that banked more directly on his athletic prowess, such as Nike Inc. and Electronic A

Steve Murray Leaving Vans for Urban Outfitters

Urban Outfitters, Inc. announced that Tedford Marlow, president, Urban Outfitters Brand, will retire and be succeeded by Steve Murray on April 12, 2010. Murray has been president, VF Action Sports Coalition since February 2009 overseeing the Vans and Reef

Reebok Reprises Jukari Exercise Program

Reebok International Ltd. and Cirque du Soleil said they are launching Jukari Fit to Flex, the second installment of an exercise program designed for women. JUKARI Fit to Flex launches first in Montreal, Canada the home of Cirque du Soleil and will rollou

Buff Sponsors Pro Skier, Mountaineer Kim Havell

Buff, Inc., the maker of headwear for snowsports, announced its sponsorship of professional skier and accomplished ski mountaineer Kim Havell. The company will be providing Havell with 25 custom Hot Lips Original Buff…

Outdoor Lobby Urges Senate to Act on Climate Change

Seventy-five outdoor businesses, the Outdoor Industry Association, Outdoor Alliance and the National Parks Conservation Association have signed on to a letter calling on Congress to protect public lands from climate change impacts. The letter argues that

Grants Awarded to Make Five Cities More Bike Friendly

Bikes Belong, in partnership with the League of American Bicyclists and with generous support from REI (Recreational Equipment, Inc.), announced this year's REI/Bicycle Friendly Community Grant Awards. The grants went to groups in five cities, includ

DSW Returns to Profitability, Comps Jump 12.9%

DSW Inc. reported earnings of $13.4 million, or 30 cents a share, in the fourth quarter, rebounding from a loss of $7.5 million, or 17 cents, a year earlier. Revenues rose 15.6% to $402.6 million from 348.2 million. Same store sales increased 12.9% versus

Obama Administration Not Supporting Affordable Footwear Act

U.S. Trade Representative Ron Kirk told a meeting of the American Apparel and Footwear Association March 12 that the Obama administration does not support the Affordable Footwear Act, which would eliminate most tariffs on imported footwear…