SGB Update

L.L. Bean Tops Business Week’s Customer Service Survey

L.L. Bean topped Bloomberg BusinessWeek's fourth annual ranking of “Cust omer Service Champs.” jumping 23 spots from last year. Amazon.com, which claimed last year's top position, dropped to No. 11, while Apple soared from No. 20 to No. 3…

Golf World Releases 100 Best Golf Shops

Golf World's list of the “100 Best Golf Shops for 2009” included 11 PGA Tour Shops locations, eight Tournament Players Clubs shops and four Edwin Watts Golf shops as well as number of single-store locations across the country. The consumer magazine n

Puma Q4 Net Income Doubles Despite 10% Sales Decline

Puma AG reported that 2009 fourth quarter consolidated sales decreased 10.1% currency-adjusted to €489.5 million ($723 mm). The company said sales were affected by significantly reduced inventory leading to less close out sales. The gross profit margi

Arena to Sponsor Univ. of California

Arena Swim reached an agreement to supply technical equipment for the next two seasons to the University of California, Berkley (Cal) men’s swimming and diving team, one of the United States’ most respected college swimming programs…

Danners Renews Sponsorship with Rocky Mountain Elk Foundation.

Danner has entered into a renewed relationship with the Rocky Mountain Elk Foundation. Cementing the partnership, Danner has donated $2500 to the RMEF as part of the official unveiling of the new Pronghorn series of hunting boots at the 2010 SHOT Show…

Perry Ellis to Hit Top End of Earnings Guidance

Perry Ellis International, Inc. said it expects to deliver results at or above the top end of its previously announced guidance range for the year ended Jan. 30, 2010 after slashing its debt in 2009. The company makes swimwear under the Jantzen, Nike and

Yue Yuen’s Revenues Climb 14% in January

Hong Kong's Yue Yuen Industrial (Holdings) Ltd, the world's largest contract footwear manufacturer, announced that its operating revenue in January grew 14% to $502.45 million from $438.89 million in the same month of 2009…

Spyder Sells Cloudveil to PE Firm

Spyder Active Sports, Inc. has sold Cloudveil Mountain Works to Windsong Brands LLC, a private equity firm based in Westport, CT. Jim Reilly, the former COO of the North Face as well as Adidas America, becomes Cloudveil's president…

New Balance Faces Hurdles in Headquarter’s Expansion

New Balance is exploring a plan for a larger development alongside its headquarters in Brighton, MA, that would include an expansion of its offices, a park, housing, and additional commercial space. But Lowe's is looking to build its first store in t

Body Bar Launches Exchange Program

Body Bar Inc., the fitness equipment company, introduced Refurbished Body Bar, available at a discount to clubs and individuals. Through an exchange program, users can exchange any brand weighted bar, including competitor “knockoff” bars, for a new Body B

QVC to Sell its GSI Stake

GSI Commerce Inc. announced that QK Holdings Inc., a subsidiary of QVC Inc., has agreed to sell 9.25 million shares of GSI common stock. After the sale, QVC will no longer own any shares of GSI's common stock. QVC's stake stems from an investmen

Mountain Hardwear/Montrail Announce Grant Recipients

Mountain Hardwear, Inc. and Montrail announced recipients of their respective Gives Back Grant programs. Mountain Hardwear’s primary focus for the first half of the year is Helping to Create the Next Generation of Outdoor Enthusiasts. In the second