SGB Update

Crocs, Inc. Narrows Q4 Loss; Duerden Exits

Crocs, Inc. trimmed its Q4 losses on higher sales primarily due to its successful expansion of its consumer-direct business and cost controls. Management attributed broad acceptance of key new styles for a 46% increase in backlog at year-end. The big surp

Iconix Brand’s Q4 Bolstered by Wal-Mart Athletic Rollout

Iconix Brand Group. reported Q409 sales jumped 21% to $65.8 million, boosted by the rollout of its sports brands in licensing deals with Wal-Mart and its acquisition of Mark Ecko Enterprises, which includes Zoo York…

Colorado Sales Tax Law Impacts E-commerce

Last week, Colorado Governor Bill Ritter signed into law a new bill that would require online retailers to collect sales tax from Colorado residents who purchase products online if the retailers have an affiliation with a Colorado company…

Accell Group N.V. Reports 6% Sales Gain for 2009

Dutch cycling group Accell Group N.V. saw full year sales increase 6.0% to €572.6 million ($736.0 mm) in 2009, including 5% organic growth from ongoing product. Growth was driven by demand for electric bikes, bicycles, bicycle parts and accessories.

Cloudveil Founder Resigns

Cloudveil’s Co-Founder and President Stephen Sullivan has resigned following the recent sale of the brand. As reported, Spyder Active Sports last week sold the outerwear firm to Windsong Brands LLC, a private equity firm based in Westport, CT.

Wenger Opens First U.S. Store

Wenger has opened its first U.S. store, in Boulder, CO. The 3,000 square-foot store will open in April and sell Wenger's new line of technical footwear; tents, sleeping bags and backpacks…

Columbia Taps VF Exec to Head Mountain Hardwear

Columbia Sportswear Company has appointed Topher Gaylord as president of its wholly-owned subsidiary Mountain Hardwear, Inc. Gaylord, formerly president of 7 For All Mankind, will be responsible for product creation, global sales and marketing of Mountain

Orange21 Eyes Brand Growth

With a 15 year pedigree in action sports related eyewear with its SPY Optic brand, Orange21 has defined itself as a top-selling leader in both design and quality of product while establishing a position as an authentic participant in the culture of Action

New Balance to Sponsor NSSF Outdoor Nationals Event

New Balance announced an official multi-year partnership with the National Scholastic Sports Foundation (NSSF) in the Outdoor Nationals event, renamed the New Balance Outdoor Nationals…

Dillard’s Returns to Profitability

Dillard's, Inc. reported a swing to profit in the fourth quarter from a year ago, reflecting improved margins and lower operating expenses that more than offset a decline in revenues…