SGB Update

Whistler Blackcomb Auction Delayed One Week

Lenders have postponed until next week a foreclosure auction of the Whistler Blackcomb ski resort hosting Winter Olympics events, wire services reported…

Billabong Sales in Americas Hurt by Currency Fluctuations

Billabong International Limited said sales in the Americas were down 6.2% in the six months ended Dec. 31 in constant currency terms, to Australian $317.5 million (U.S. $282.9 million). Reported sales were 17.6% lower, reflecting the negative currency imp

Michael Phelps to Endorse Under Armour

Olympic gold medalist Michael Phelps has signed a multi-year endorsement deal with Under Armour, according to a report in USA Today…

Puma Parent Eyes Smaller Acquisitions

PPR SA is studying several small-scale acquisitions to bolster its luxury and lifestyle portfolio. In a presentation of the French company's 2009 results in Paris, Chief Executive Officer Francois-Henri Pinault said the company would remain “vigilant

LeBron James To Develop Furniture Line

Furniture retailer and manufacturer American Signature Inc. will develop a home furnishings collection with Cleveland Cavaliers star LeBron James. The furniture collection will be launched this summer at Value City and American Signature stores…

Nike to Refurbish Court Surface in Vancouver

In partnership with the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC), Nike announced its plans to refurbish a court surface in Vancouver with a collection of re-purposed, old running shoes. Team Canada members, G

Cabela’s Q4 Comps Dip 0.5%; Earnings Flat

Cabela's Inc. reported fourth-quarter revenues increased 5.5% to $917.6 million. Net income reached $52.4 million, or 77 cents a share, down slightly from $52.7 million, or 79 cents, a year ago, each excluding impairment and other special charges. Co

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

Cherokee Arranges Beauty License for Laila Ali Brand

Cherokee Inc. announced that its client, Bee Line Inc. has entered into an exclusive license agreement for the Laila Ali Brand for beauty and personal care products. Laila Ali is the daughter of the Muhammad Ali and a former professional boxer…

Hunter Opens First U.S. Store in Manhattan

Hunter, known for its rubber boots, plans to open a 270-square foot store in New York’s Limelight Marketplace in March, its first retail location in the U.S. The landmark building on the northeast corner of Sixth Avenue and 20th Street is being con