SGB Update

Connecticut AG Calls On Ski Market To Honor Gift Cards

Connecticut’s attorney general filed a motion urging the bankruptcy court to require Ski Market to honor gift cards despite its recent Chapter 11 filing. Ski Market has indicated that bankruptcy proceedings will not allow it to it honor the approxim

Tefron Expands Line of Credit

Tefron Ltd., an Israeli company that specializes in manufacturing seamless and engineered apparel for brands such as Patagonia, Nike, Lululemon Athletica and Reebok, said it signed a Memorandum of Understanding (MOU) with its principal lenders to continue

Advance Registration for ORWM Tracking Ahead of Last Year

Outdoor Retailer said that buyer registration and store representation for 2010 Winter Market is tracking ahead of this time last year. The show has attracted 170 new exhibitors, including Venture Snowboards, Trespass, Toes On The Nose, XTERRA Footwear,..

SIA: Snow Sport Sales Roughly Even From August Through November

Overall, snow sports sales from August to November were about even with August to November sales last season but equipment sales slowed significantly, according to the SIA Retail Audit. Early indications for December are very positive in the snow sports m

Nick Adcock Fox Head’s Board of Directors

Fox Head, Inc., the action sports brand, appointed Nick Adcock to its Board of Directors. Adcock was recently the Global President of DC Shoes, Inc. and led their growth over the past 4 years…

Moving Comfort Invests in Biomechanics Research

Moving Comfort, the maker of sports bras and women's fitness apparel, is adding biomechanics research to their sports bra development through a partnership with Progressive Sports Technologies LTD, a sports innovation consultant based at Loughborough

Tourism Spending Fell 10% in Utah in 2009

Tourism spending in Utah declined 10%, or by $700 million to $6.2 billion in 2009, according to a report released by the Governor's Office, the Salt Lake Tribune reported. Despite a decline in ski visits, however, traffic to state and national parks

Foot Locker U.S. Operations Consolidating Under New Management

Foot Locker, Inc. said it is consolidating the management team that oversees its Lady Foot Locker business with the team that currently manages the Foot Locker U.S., Kids Foot Locker and Footaction businesses. As a result, Richard A. Johnson will become p

RECALL: Ameristep Tree Steps

Ameristep Tree Staps The U.S. Consumer Product Safety Commission, in cooperation with Primal Vantage Co., has announced a voluntary recall of about 16,000 Ameristep Plastic Strap-On tree steps. According to the CPSC, Primal Vantage has received five compl

Costco’s U.S. December Comps Rise 2%, Excluding Gas

Costco Wholesale Corporation reported robust sales gains in Dec. thanks to rising gas prices and appreciation of foreign currencies against the dollar. The warehouse club said net sales rose…

Stage Stores’ Comps Decline Slows in December

Stage Stores, Inc. reported that its total sales for the five-week December period ended Jan. 2, 2010 decreased 1.0% to $255 million from $257 million in the prior year five-week period ended Jan. 3, 2009. Comparable store sales decreased 2.2% this year v