SGB Update

Jones Apparel Narrows Q4 Loss

Jones Apparel Group Inc., the owner of Nine West, reported a loss of $130.4 million, or $1.53 a share, in the fourth quarter, compared with a year-earlier loss of $822.9 million, or $10.08 a share. The latest results included just $150 million in write-do

Intense Cycles Names General Manager

Chris Allen joined Intense Cycles in December as its general manager. Previously, he worked for GT and Shimano during his 35 years in the industry and most recently spent two years at Crankbrothers…

Two Bikestations to Open in California

Bikestation, which operates bike-transit centers, is opening its latest locations in the cities of Claremont and Covina in California this month. Since Bikestation Claremont is on the same transit line and shares the same access technology as Bikestation

Keds Teams with Alice + Olivia

Keds is partnering with Stacey Bendet, creator of the alice + olivia fashion brand, on a limited edition line based on the classic Champion sneaker…

Prada Says 2009 Profit Exceeds Forecasts

Italy's Prada Group made an operating profit in its last financial year that exceeded its own forecast, thanks to a rise of more than 14% in retail network sales…

Intrawest to Sell Florida Resort

Intrawest, which is scrambling to help its parent company raise cash to avoid default on $1.7 billion in debt, said it reached an agreement to sell another of its resorts…

Gildan’s Q1 Earnings, Sales Spike on Activewear Strength

Gildan Activewear Inc. reported net earnings of $28.0 million and diluted EPS of 23 cents for its first fiscal quarter ended Jan. 3, 2010, after reflecting a restructuring charge of 1 penny per share related to the consolidation of its distribution activi

Cybex Sees 12% Q4 Sales Drop

Cybex International, Inc. reported sales for the fourth quarter of 2009 were $34.8 million compared to $39.3 million for the corresponding 2008 period, a 12% decrease. The fitness equipment company reported net income for the fourth quarter of 2009 of $1.

European Outdoor Group Restructures Board

Members of the European Outdoor Group (EOG), which has played a lead role in opposing EU duties on imports of Asian footwear, elected Monday a new president and agreed to restructure their board to better represent the growing diversity of the industry. A

Michelle Obama Launches Childhood Obesity Campaign

Michelle Obama unveiled her national public awareness campaign against childhood obesity. White House officials noted that one in three American children is overweight or obese, and such children face higher risks of developing diabetes, high blood pressu

Columbia Sportswear Assists Haiti Earthquake Victims

Columbia Sportswear Co. provided an update on its ongoing efforts to assist Haiti relief efforts. To date, the company has arranged for the shipment of shoes, clothing and accessories with an estimated retail value of more than $3 million to be distribute

Feetures! Supports Haiti Relief Effort

Feetures! performance socks and Soles4Souls have joined forces to bring shoes and socks to victims of the earthquake in Haiti. Feetures! is donating 10,000 new pairs of socks to this effort…

New FlyFishing Show Advertises Lower Exhibitor Rates

The American Fly Fishing Trade Association will charge exhibitors leasing inline booths at the 2010 International Fly Tackle Dealer Show 18% less than FlyFishing Retailer, according to copies of the show contract released by the trade association last wee

REI Appoints Prominent Physican to Board

REI appointed Stephen Lockhart, M.D., Ph.D., to fill an open position on the company’s board of directors. Lockhart is chairman of the board of directors of NatureBridge, an organization that provides environmental science education to 40,000 young