SGB Update

Famous Footwear saw a broader assortment of exclusive and trend-right product and a new store format drive incremental traffic in the first quarter as consumers responded to improved assortments in performance athletic product. The resulting gains in ave

Genesco is starting to give the market an idea just how important the Hat World acquisition was for the company as they work on new formats to develop locations that pair a Lids store with an Underground Station store while continuing to expand the concep

Ashworth, Inc. shrugged off weakness in the green grass Golf channel of distribution to post modest gains in its Ashworth and Callaway brand apparel lines in the fiscal second quarter ended April 30. A sharp decline in rounds played led to declines in the

Lamkin Corporation purchased the Royal Grip brand of golf grips from Royal Precision. Bob Lamkin, president of Lamkin, said a major reason for the purchase was because of the branding of Royal Grip in the Asian market. Lamkin and Royal Precision were al

The Walking Company signed a definitive agreement with Footworks, a division of the privately-held shoe retailer Bianca of Nevada, Inc., to purchase the assets of the division for approximately $10 million. Footworks operates a chain of eight retail store

Freshly minted Deckers president and CEO Angel Martinez will assume the day-to-day duties for the Teva brand following the departure last week of Teva brand president Bob Orlando. Orlando was appointed president of Teva in January 2003 and was credited wi

The parent company of Jantzen and licensee of Nike swimwear saw total swimwear revenues reduced by $17 million in the fiscal first quarter ended April 30 as they exit several unprofitable brands and product categories. By year-end, PERY expects to decre

JJB Sports, the U.K.'s largest sporting goods retailer, cited a “difficult retail trading environment” for a 7.5% decline in total sales for the 16 weeks ended May 22 as compared with the same period last year. Comp store sales declined 7.7% for the

The National Sporting Goods Association (NSGA) Board of Directors has elected two officers to terms that will run through January 31, 2006. A.J. Blanchard, Executive Vice President-Hardgoods of Academy Sports & Outdoors, Katy, Texas, will serve as Chairma

The Forzani Group announced that Mr. Robert Brawn would not seek re-election to the Company's Board of Directors. His retirement will be effective at the Company's Annual General and Special Meeting of Shareholders on June 8th, 2005…

Lapierre Ultimate Cycles, a member of Accell Group, has officially opened a branch office in North America, and plans on distributing a complete line of road and mountain bikes starting in October 2005 at Interbike. Gilles Lapierre, Managing Director, off

Everlast Worldwide Inc. announced that it entered into a licensing agreement with Brooklyn, NY-based Gleason's Gym. Under the terms of the agreement, which covers the U.S., Aruba, and the U.K., the owners of Gleason's Gym will seek new locations

Payless ShoeSource, Inc. chairman and chief executive officer Steven J. Douglass announced his intention to leave the company in July, following a transition of leadership to Matthew E. Rubel, who will become the company's chief executive officer. Mr

Genesco earnings before discontinued operations were $8.2 million, or 32 cents per diluted share, for the first quarter compared to $5.8 million, or 24 cents per diluted share, for the first quarter last year. Net sales for the first quarter of fiscal 200

Five Ten has established a new Action Sports Team. Steve Delacruz has been brought aboard to head the new division. He will concentrate on action sports marketing and future R& D projects. The first introduction in Five Ten's Action Sports line is th