SGB Update

Cancer Survivors Featured in Nike LIVESTRONG Campaign

The holiday print and digital campaign for NIKE Livestrong will feature professional triathlete and cancer survivor, Laurel Wassner, alongside seven-time Tour de France winner Lance Armstrong, World Champion runner Sanya Richards, major leaguer Jon Lester

European Footwear Importers Encouraged by EC Vote

As expected, the European Commission Anti-Dumping Advisory Committee voted 15 to 10 against renewing anti-dumping duties on leather footwear from China and Vietnam. The vote gave hope for global footwear brands that will be lobbying intensely in coming we

Nike Appoints UW Provost to Board

NIKE, Inc. has appointed Phyllis M. Wise, Ph.D. to its board of directors. Wise, 64, is the EVP and Provost of the University of Washington, where she is also professor of physiology and biophysics, biology, and obstetrics and gynecology…

Johnson Outdoors Slashes Loss, Sales Decline 20%

Johnson Outdoors Inc. cut its loss from continuing operations to $14.2 million, or $1.55 a share, from a loss from continuing operations of $73.5 million, or $8.07, a year ago. While restructuring costs accounted for more than half of the reported operati

Shoe Carnival’s Q3 Earnings Nearly Triple

Shoe Carnival, Inc. reported sales for the third quarter increased 12.6% to $191.5 million from $170.1 million a year ago, and jumped 10.2% on a same-store basis. Net earnings surged 188% to $7.5 million, or 59 cents a share, from $2.6 million, or 21 cent

The Buckle Reports 9.8% Rise in Sales for Q3

The Buckle, Inc. reported net income rose 14.4% to $231.2 million on a revenue gain of 9.8% in the fiscal quarter ended Oct. 31, 2009. Comps sales for the 13-week period rose 4.3% at the chain, which focuses on selling jeans, graphic tees and other fashio

Dick’s SG’s Q3 Earnings Increase Three-Fold, Comps Rise 1.9%

Dick's Sporting Goods, Inc. reported third-quarter earnings tripled to $18.9 million, or 16 cents per diluted share, from $6.2 million, or 5 cents per share. Results exceeded estimated earnings expectations provided on Aug. 20 of 4 to 7 cents a share

Orange 21 Q3 Sales Fall 21%

Orange 21 Inc. reported consolidated net sales for the three months ended Sept. 30, 2009 were $8.8 million compared to net sales of $12.0 million for the three months ended Sept. 30, 2008…

Timberland Names VP, North America Wholesale Sales

The Timberland Co. promoted Mike Noonan to VP of North America wholesale sales. In this role, he will lead the sales operations for Timberland's wholesale customers throughout North America. Departments reporting to Noonan will include field sales –

GAO Report Finds Credit Card Swiping Fees on the Rise

A report by the General Accountability Office released Thursday found that credit card interchange rates have risen despite Visa and MasterCard claims that they have remained “fairly” constant. The National Retail Federatoin said it hopes the

Son Replaces Father as CEO at CytoSport

Michael Pickett is replacing his father Greg Pickett as president and CEO at the sports nutrition company Cytosport. Greg Pickett, who led the company with Michael Pickett since its inception, will remain the chairman of the board of directors. Michael Pi

Bikes for Kids Utah Partners with Cycle Force Group

Bikes for Kids Utah, a non-profit 501(C)3 organization, will purchase 1,000 Bikes for Kids Utah-branded bicycles from Ames, Iowa-based Cycle Force Group. The non-profit will give the bikes to underprivileged Utah children during the its fifth annual bicyc

Hibbett’s Q3 Earnings Rise 15%; Comps Dip 0.2%

Hibbett Sports, Inc.'s sales increased 4.1% for the 13-week period ended Oct. 31, to $145.9 million compared with $140.1 million a year ago. Comps decreased 0.2%. Net income advanced 14.7% to $8.8 million, or 30 cents a share, from $7.7 million, or 2

Zumiez Q3 Sales Inch Up 0.8%; Comps Fall 8.0%

Zumiez Inc. reported total net sales for the third quarter ended Oct. 31, 2009 increased 0.8% to $113.2 million from $112.2 million in the third quarter ended Nov. 1, 2008. The company posted net income for the quarter of $5.1 million or 17 cents per dilu