SGB Update

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…

Alexander Wins Hartford Sales Group MVP Award!

Kevin Alexander was awarded the Hartford Sales Group's MVP award for the Fall 2009 booking season at their recent agency meeting in Laguna Beach, CA. Larry Hartford, the agency's principal, recognized Kevin for his outstanding sales achievement

Delta Acquires Custom Clothing Biz

Delta Apparel Inc has agreed to buy graphics apparel business Art Gun Technologies, LLC in a move that takes it into the customized apparel market for the first time. Through its “virtual art studio,” DLA said Art Gun provides shoppers the ability to desi

Gramicci Finds Growth Partner in Haggar

Haggar Clothing Co., the men's dress and casual apparel giant, has secured the master license agreement for the Gramicci brand. The current Gramicci team will continue to operate the business under a licensed agreement but is expected to benefit from

Advanced Sports Acquires Oval Concepts

Advanced Sports, Inc., which owns Kestrel, Breezer, Fuji and other bike brands, is buying the cycling components company Oval Concepts. ASI said it has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for

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. Loius-area parody company is infringing on the established apparel-maker's trademark and products…

Essilor Acquires FGX International Holdings

French opthalmic-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. Under the terms of the merger, FGX International shareh