SGB Update

Foot Locker Breaks Even in Q2 on Weaker U.S

Foot Locker, Inc. expected second quarter sales to be very challenging due to the economy and the stimulus checks and tax-free holidays in the year-ago quarter, but sales still came in lower than expected for the period as traffic remained challenging in

Vick Return Has Retailers Debating Jersey Sales

Dick's Sporting Goods last week decided not to sell Michael Vick's No. 7 Philadelphia Eagles jersey—at least until it gauges the public's reaction to his return to football. But the majority of retailers with stores in the region, including

Zumiez Beats Street; Earnings Sink on Comp Declines, Settlement

Zumiez, Inc. slipped to a second quarter loss on plummeting comps, but the action sports retailer still managed to exceed analysts’ expectations despite a $1.3 million lawsuit settlement late in the quarter. The Everett WA-based retailer reported a

Sunwear Sees Grim Third Quarter; Ponders Shoe Re-Intro

Pacific Sunwear of California, Inc. may have narrowly exceeded analysts forecast for the second quarter of 2009, but the main story lies within a macabre Q3 outlook that is far worse than most analysts expected. Management now expects same-store sales to

Hibbett Sports Takes Second Quarter Hit on Weaker Footwear Results

Hibbett Sports expected the absence of stimulus checks and shift of tax-free holidays to put a crimp on second quarter results, but what wasn't anticipated was a dismal performance in footwear, which significantly underperformed against plan and nega

Acushnet Co. Wins New Trial in Callaway Patent Case

The Acushnet Co. won a court victory in its long-running patent dispute with Callaway Golf Co. over Acushnet’s Titleist Pro V1 line of golf balls. The U.S. Court of Appeals for the Federal Circuit in Washington, D.C. ordered a new trial and lifted a

Perry Ellis Sees Golf Healthy, Swim Weak for Q2

Perry Ellis International's Q2 sales decreased 17.8% to $159.2 million, driven by declines in swimwear weakness at department stores, a planned reduction in its private label pants programs at Wal-Mart, the discontinuance of licenses for PING golf ap

The Buckle Keeps Strong on Q2 Boost from Comps, Online

Surging comps and a boost from online sales propelled growth at The Buckle for the second quarter as the mall-based retailer continues to remain immune to market conditions that are wreaking havoc on the rest of the retail environment…

Aetrex Strengthens Canadian Team with Two New Hires

Aetrex Worldwide announced that John Popham and Michel Racine have joined Aetrex Canada as Market Managers. Popham will cover the Central Canadian market and Racine will cover Eastern Canada. Aetrex Canada was launched in June…

Crocs Settles Lawsuit with Australian Shoe Concern

Crocs and Australia Unlimited, maker of the NothinZ lightweight ergonomic clog, agreed to settle all outstanding litigation between the parties by filing for dismissal of all claims and counterclaims…

Under Armour and Patterson Dental Partner Around Mouthwear Line

Patterson Dental, based in St. Paul, Minn., announced that it has become the exclusive distributor of Under Armour Performance Mouthwear. The mouthwear was developed by Bite Tech Inc. and promises to not only protect the jaw from hits but to reduce stress