SGB Update

GAIAM Is Looking Ahead With New Strategies…

For 2009, GAIAM reported a strong start. With a goal of $20 million in sales for the year, GAIAM claims to have generated $17.2 million in free cash flow throughout the first nine months for fiscal 2009…

Fleet Feet Maintains Double-Digit Comps in 2009

Wrapping up yet another stellar year, Fleet Feet Inc. reported fourth-quarter comparable store sales grew 11%. For the full year, sales reached $96 million on a 10% comp gain. The 2009 gain comes on top of a 12% hike in 2008 and a 15% surge in 2007…

VF Corp Looks Ahead to 2010 Opportunities

At the ICR Exchange Conference, VF Corporation’s chairman, president & CEO Eric Wiseman took the opportunity to review the radical transformation VF Corp. has undergone over the past decade and take a brief look ahead at 2010…

Steyr Arms Acquires Merkel

Steyr Arms has acquired Merkel USA. The merging of Steyr Arms and Merkel USA will take place in the 25,000-sq.ft. headquarters facility in Trussville, AL, complete with gunsmithing facilities and an underground testing range. The merged entities will cont

Polartec Partners with Unifi

Polartec, LLC and Unifi, Inc. have partnered to introduce new performance fabrics made with Repreve 100, which the companies say is made from 100% post-consumer waste (clear plastic water bottles)…

Nike Launches Golf Clubs Without Tiger Woods

Nike Inc. will launch new golf clubs that are not directly linked to Tiger Woods. Instead, Nike said its Victory Red STR8-FIT Tour fairway woods, which will go on sale Jan. 28 for $299, were designed with input from all 13 U.S. golf endorsers…

Briko Introduces North American Rep Force

BRIKO North America has completed the hiring of its rep force. In the East of the US, New England will be traveled by Dynastar/Lange front man Chris Clapp with help from Tim Ingraham, and Fischer's Aaron Schwab will cover NY/NJ/PA and mid-Atlantic st

Major Fitness Manufacturers Join AFIRM

AFIRM, the new Association of Fitness Industry Retailers & Manufacturers has received a number of fitness companies become members. Among the first companies to join AFIRM are Technogym, IronGrip, Cybex, Star Trac, Johnson HealthTech/Matrix, Icon/FreeMoti

Perry Ellis Eyes $100M Potential for Callaway Apparel

Perry Ellis believes its Callaway apparel line will see revenues reaching $100 million in three to five years. The company entered into the licensing agreement in March 2009 and Perry Ellis designed product began shipping in Spring 2010…

G-III Apparel Sees NFL Deals Lifting Sports Growth

G-III Apparel expects two deals signed with the NFL to revive growth in its sports licensing business. At the Cowen and Company Consumer Conference, Wayne Miller G-III's COO, said the company has signed a licensing deal to bring NFL outerwear to Walm

Delta Apparel Inc. Sees Licensed/Decorated Driving Growth

Delta Apparel Inc. expects its growth over the next three years to be fueled by expanding the amount of its product that is either licensed or decorated. Overall, it's targeting sales of $500 million for its fiscal 2013 year compared to its guidance

Big 5 Sees Higher Margins Lifting Q4 Profits

Big 5 Sporting Goods Corp. believes its focus on providing value, particularly around exclusive, special make-up product, is paying off. Last week, the West-Coast chain reported sales rose 8.2% in its fourth quarter, to $237.6 million. Comps inched up 0.1