SGB Update

Nike Sees Market Share Gains In Soccer

In an interview with Reuters in London, Nike's Chief Executive Mark Parker said newproducts and a marketing blitz at this summer's FIFA World Cup will help it continue to gain market share in soccer…

Saks Narrows Q4 Loss; Comps Fall 4.8%

Saks Inc. reported a net loss of $4.6 million, or 3 cents per share, in the fourth quarter of fiscal 2009, compared to a net loss of $99.7 million, or 72 cents per share, in the year-ago period…

New Balance Details Plans for HQ Expansion

New Balance unveiled its plan for a $250 million mixed-use development alongside its headquarters in Brighton, MA, that would feature a sports complex, hotel, park, movie theater, office buildings, and community space, along with a commuter rail station a

OIA TopLine Report: Outdoor Retail Sales Decline 2% in 2009

The 2009 year-end edition of the Outdoor Topline Report produced for the Outdoor Industry Association (OIA) found that retail sales for all core outdoor stores combined (chain, internet, specialty)* dropped 2% compared to 2008, moving from $5,188,090,096

Obenchain Stepping Down from OIA

Ann Obenchain is stepping down as VP of member services and marketing for Outdoor Industry Association (OIA). She is taking a job as director of marketing and development at Colorado Chautauqua Association…

Crocs Wins Appeal in Patent Case Over Shoe Design

A federal appeals' court overturned a 2008 U.S. International Trade Commission ruling that rejected Crocs Inc.'s claims of patent infringement against shoe makers who sold knock-off versions of the company's foam clogs…

TJX Posts Increase of 10% in Q4 Sales

The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the fiscal year and fourth quarter ended January 30, 2010…

Play It Again Parent Swings to Q4 Profit

Winmark Corp., the parent of Play It Again Sports, earned $1.46 million, or 28 cents per share, in the fourth quarter ended Dec. 26, versus a loss of $2.08 million, or 38 cents per share, for the same quarter a year before…

FGX International Sees 5% Q4 Revenue Gain

FGX International, the maker of glasses and sunglasses under such names as Foster Grant and Gargoyles, reoported sales increased 5% to $64.7 million from $61.8 million in the fourth quarter of 2008…

Simms Expands Product Development Team

Simms has as the hired two members its Product Development team. Rose Quinn, Sportswear & Accessories Product Developer, joined Simms in December 2009. Christy Evans, Senior Merchandiser for Sportswear & Accessories, is the newest member of the team – j

Coalision Appoints VP for Orage

Coalision has promoted Martin Trudel to the role of VP of Sales, Orage, effectively immediately. Trudel will report directly to Jean-Pierre Ferrandez, Executive Vice President of Orage and will be based in Montreal…

A.T. Cross Reports 5.3% Q4 Sales Decline

A.T. Cross Co., the parent of Native Eyewear, reported sales declined 5.3% in the fourth quarter to $39.5 million from $41.7 million a year ago. Sales in its Cross Optical segment rose 0.7% to 9.4 million, driven by continued growth of the Costa brand. Sa

The Sports Authority Partners with US Youth Soccer

The Sports Authority was named the official sporting goods retailer of US Youth Soccer Unique membership discount card will be available to all US Youth Soccer members. This is the first time US Youth Soccer and Sports Authority have partnered together…

Teton County Approves Design Funds for Jackson Boulder Park

Teton County Commissions voted last week to approve a $7,075 contract to design a boulder park in downtown Jackson, WY, the Jackson Hole Daily reported. The non-profit coalition backing the project has already raised $100,000 of its $150,000 goals…