SGB Update

Roger Talermo to Exit Amer Sports

Amer Sports Corp. said its Chief Executive Roger Talermo will leave the company and be replaced by Heikki Takala on April 1, 2010, according to the Associated Press…

Rab Hires Marketing Manager

Rab, manufacturer of mountaineering clothing, hired Samantha Killgore as its marketing manager. Kilgore has been in the outdoor industry for over 6 years working with brands including Moonstone and Outdoor Research…

Preferential Trade Programs Could Expire Dec. 31

The U.S. House of Representatives approved legislation last week to extend by one year the Generalized System of Preferences (GSP) and the Andean Trade Preferences Act (ATPA) programs. It is now up to the Senate to pass the legislation before both expire

Louis Vuitton Settles with New Balance

Louis Vuitton agreed to stop selling its Minstrel shoe line as part of a settlement reached with New Balance Athletic Shoe Inc., which had accused the French luxury goods company of copying New Balance's best-selling 574 shoe. New Balance, which file

Rossignol Expects FY09 Profit Despite Rocky Start

In a somewhat surprising move, the previously-maligned Rossignol brand said it expects to be profitable in the fiscal year ending in March thanks to cost cutting and good snow, CEO Bruno Cercley told several sources during the grand opening of the company

NRF: Christmas Shoppers Procrastinating

According to NRF’s 2009 Holiday Consumer Intentions and Actions Survey, the average person had completed 46.7% of their holiday shopping by the second week of December, compared to 47.1% completed by this time last year…

Nike, Inc. Sees Improving Backlog Trends

Four was the magic number for Nike, Inc. for the company’s second fiscal quarter as total net sales, currency-neutral sales, Nike brand sales, net income and SG&A all fell 4.0% for the period, while overall futures were up 4% at quarter-end. The co

Lead in Logo Prompts Timberland Boot Recall

Timberland recalled about 21,000 pairs of its Classic Scuffproof boots for children because the logo stamped onto the boots' insoles contains excessive levels of lead, violating the federal lead paint standard. No injuries or incidents have been rep

Quiksilver Q4 Top Line Slides; Brand to Refocus on Core Markets

Following up on a third fiscal quarter that saw it post a small profit despite weakness in all three geographic regions, Quiksilver, Inc. reported a bottom-line loss for the fourth fiscal quarter ended October 31 that was seen as better-than-expected…

The North Face Sues The South Butt Over Parody

The North Face filed a lawsuit against the teenage owner of The South Butt, claiming that the St. Louis-area parody company is infringing on the established apparel-maker's trademark and products…

The Hartford Sales Group Celebrates 25 Years!

The Hartford Sales Group celebrated its 25th anniversary recently at The Montage Resort in Laguna Beach, California. The Sales Associates presented Larry Hartford, Principal of the agency, with a plaque and a personalized golf bag, thanking him for his &

Essilor Acquires FGX International Holdings

French ophthalmic-lens giant Essilor International plans to acquire FGX International Holdings, the Smithfield, RI-based owner of Foster Grant, Gargoyles, Ironman, Champion and Body Glove sunglasses…

Outdoor Q3 Profits Surge on Modest Sales

Last year, the third quarter marked the true beginning of the financial crisis. Credit markets were frozen, consumers stopped shopping and retailers were left looking at full stock rooms and virtually no foot traffic…