SGB Update

Costco Sees 5% Comp Increase in February

Costco reported net sales of $5.61 billion for the four weeks ended Feb. 28, 2010, an increase of 11% from $5.06 billion in the same four-week period of the prior fiscal year. Comparable-store sales in the U.S. rose 5%…

KEEN Renews Partnership with The Conservation Alliance

KEEN, Inc. renewed a partnership with The Conservation Alliance that has played a key role in the growth and evolution of the Alliance over the past five years. Through its Hybrid.Care program, KEEN will cover a significant percentage of the organization&

The Buckle’s February Comps Climb 5.1%

The Buckle, Inc. reported comparable store net sales for stores open at least one year, for the four-week period ended Feb. 27, 2010 increased 5.1% from comparable store net sales for the four-week period ended Feb. 28, 2009…

Cabela’s Appoints Supply Chain Officer

Cabela's Inc. hired Doug Means as its executive vice president and chief supply chain officer. Previously, Means served as Executive Vice President of Production for Better Sportswear at Jones Apparel Group…

Escalade’s Sporting Good Revenues Slid 11.3% in Q4

Escalade, Inc. earned $1.1 million, or 9 cents a share, in the fourth quarter ended Dec. 26, compared with a loss of $4.6 million a year ago. Revenues declined 11.8% to $29 million from $32.9 million.Sporting Goods net revenues for the quarter ended Dec.

Urban Outfitters’ Q4 Earnings Jump 92%

Urban Outfitters, Inc. reported earnings rose 92% in the fourth quarter to $78 million, or 45 cents a share. Fourth-quarter comparable retail segment sales rose 9%, with total sales up 16% to $589 million…

Ross Shows 16% Increase in February Comps

Ross Stores, Inc. today reported that sales increased 16% to $554 million for the four weeks ended February 27, 2010, up from $476 million for the four weeks ended February 28, 2009. Comparable store sales for the month grew 11%…

Canada Goose Opens Third Intuit Resource Center in Canada

Canada Goose, the maker of down-insulated outerwear, is establishing a third Canada Goose Resource Center at Larga Baffin Ltd. in Ottawa, Ontario. Canada Goose also announced that Tilley Endurables, the maker of hats and travel clothing, will be providing

Nike Names Hilary Krane to General Counsel

Nike Inc. announced that Hilary Krane is joining the company as vice president and general counsel. Krane, 46, joins Nike from Levi Strauss & Company, where she had worked since 2006 as executive vice president, general counsel and corporate affairs…

Reebok Sued Over ‘Finish Strong’ T-shirts

Finish Strong LLC has sued Reebok International LLC for trademark infringement for manufacturing and selling a T-shirt using the “Finish Strong” slogan adopted by Saints Quarterback Drew Brees in the team's run up to this year's Super Bowl victo

The Bike Cooperative Embraces Shopatron

The Bike Cooperative has partnered with Shopatron, Inc. to expand online sales opportunities for the cooperative’s member retailers and supplier partners, while driving more of the cycling industry to Shopatron’s e-commerce platform…

Saucony Run For Good Awards Grants

The Saucony Run For Goods Foundation, established to help combat childhood obesity by providing financial support to community-based youth running programs, has announced its latest round of grant winners. The nine grant recipients include organizations..