SGB Update

Despite a stronger-than-expected holiday selling season, U.S. retail executives are looking at the broader picture for the coming year and appear to be approaching 2005 with a bit of caution. According to the latest findings of the NRF Executive Opinion

Blizzard, the Austrian ski producer, will have a new owner on April the 1st, 2005. IQ-Sport GmbH will take over 100% of BLIZZARD from the RVS (Raiffeisenverband Salzburg). The Stöckl-Group holds 66% of the IQ-Sport GmbH, the remaining 33% belong to Ing. K

The expected benefit from holiday gift card redemptions helped boost January U.S. retail sales numbers as consumers cashed in the cards and took advantage of the traditional January clearance period. While nasty weather in much of the East kept people at

K-Swiss Inc. saw its business with Foot Locker, Inc. come back in the fourth quarter, a trend that appears to be continuing as the world’s-largest-athletic-specialty-retailer boosts the brand’s backlog position for the first half of 2005. With the help o

Amer Group's net sales in fourth quarter declined 1.7% to €261.0 million ($338.3 mm) from €265.4 million ($316.0 mm) in the year-ago period. Full year net sales declined 3.2% to €1.06 billion ($1.32 bn), compared to €1.09 billion ($1.24 bn) in 2003.

Skechers U.S.A., Inc. pre-announced it is expecting fourth quarter revenues to be in excess of $200 million, at least 8% above the high end of the company's previous guidance of $175 to $185 million. SKX further expects Q4 results per share to be bet

Rebel Sports, Australia’s largest sporting goods chain, reported that fiscal 2004/05 first half sales increased 4.4% to AU$162.0 million ($118.9 mm). The company said that the rugby world cup, which occurred during the first half of fiscal 2003-04, booste

Wolverine World Wide, Inc. played up the World Wide in its name in both the fourth quarter and the year as the International business increased to 27% of consolidated sales, compared to 25% of sales in the prior year, and pre-tax earnings for the Internat

The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail

Several law firms that specialize in class action suits have piled onto the initial shareholder class action lawsuit against Gander Mountain, claiming certain officers and directors within the company had prior knowledge about factors that devalued GMTN s