SGB Update

Steve Madden Expects $140 Million in Q3 Sales; Ups FY Guidance

Steve Madden said it expects net sales for the third quarter 2009 to be approximately $140 million. This compares to net sales of $128.1 million for the third quarter of 2008. Diluted EPS for the third quarter of 2009 is expected to be approximately 97 ce

Coach Reports Q1 Earnings of 44 cents; Sales in Line with Prior Year

Coach, Inc. reported sales of $761 million for its first fiscal quarter ended Sept. 26, 2009, compared with $753 million reported in the same period of the prior year, an increase of 1%. Net income for the quarter totaled $141 million, with earnings per d

Keller Joins Bushnell

Bushnell recently announced the addition of Trent Keller to their team of product managers. Trent will be responsible for on-going new product development and updates to the Bushnell binocular line…

Remington Parent to Go Public

As was predicted, Cerberus Capital Management has confirmed via a filing with the SEC that it is filing for an initial public offering for its Freedom Group, Inc. on Wednesday. Cerberus, a private equity firm best known for its ill-fated acquisitions of C

Black Diamond Appoints President

The Black Diamond Group, the maker of performance protective footwear, appointed Rob Mills as president. Mills comes to Black Diamond from his previous post as Vice President Sales at Rocky Brands specifically their Duty, Michelin and Dickies Work Footwea

Altus Brands Further Expands Portfolio

Altus Brands, LLC, provider of products for the outdoor sports, law enforcement and industrial safety markets, has acquired Cass Creek Game Calls, Woodland Whisper, QuikSit and Digital Game Scales brands, formerly owned by Nature Vision, Inc…

Li and Fung Acquires Kids Headquarters

Li & Fung Ltd. said it agreed to buy nearly all the assets of U.S. children's wholesale apparel designer and marketer Wear Me Apparel LLC, which does business as Kid's Headquarters. The Hong Kong-based company paid as much as $401.8 million in a

Down Under Retailer Kathmandu Floats an IPO

After months of speculation, Australasian outdoor-gear retailer Kathmandu has confirmed a dual listing in both Australia and New Zealand with the launch of its IPO on Monday, offering between 166.9 million and 197.4 million shares for sale, or 84% to 99%

Atlanta Falcons Owner to Acquire PGA TOUR Superstores

Golf & Tennis Pro Shop, Inc., owner and operator of PGA TOUR Superstores, announced it has reached a preliminary agreement for Golf & Tennis Pro Shop to become a majority-owned subsidiary of AMB Group, LLC. AMB Group is owned by Arthur M. Blank and is al

Timberland Exceeds Goals in 2007-08 CSR Report

The Timberland Co. released its 2007- 2008 Corporate Social Responsibility report, highlighting progress around its efforts to reduce carbon emissions, increase the use of eco-friendly materials, factory conditions and community service…