SGB Update

Footstar, Inc. filed a motions Friday in U.S. bankruptcy court to close “in the near term” 165 underperforming stores, including all of its 88 Just For Feet stores and 77 of its 429 Footaction stores. The motions included an “emergency” request for autho

Europe and the Internet continue to outpace gains in Foot Locker’s U.S. retail stores in the fourth quarter even as the company starts to anniversary lower average selling prices, negative comps and the reduced Nike product on the floor in the year-ago pe

Pacific Sunwear is also in the pink for 2004, as February sales at both the PacSun and d.e.m.o. nameplates continue the strong performance of 2003…

Rocky Shoes & Boots has entered into a subcontract agreement with Belleville Shoe Manufacturing Company (“Belleville”) to produce 200,000 pairs of Infantry Combat Boots (“ICBs”) for $16.4 million. The ICBs will be delivered to the U.S. military under Bell

Genesco Inc. is starting to see some positive signs in the mall and is looking to turn the corner soon, raising its earnings guidance for the current year to deliver EPS in the $1.37 to $1.44 per share range on sales between $901 million and $920 million.

Despite improved sales results for the fourth quarter and the year, The Forzani Group Ltd. reported that net earnings for the year ended February 1 are now estimated to be in the range of C$0.85 and C$0.87 per share versus previous guidance of C$1.01 to C

With the acquisition of Tomark Sports at the beginning of the Year, Collegiate Pacific became a vertically integrated company, controlling everything from the manufacturing process to the distribution channels. The company is already leveraging this advan

Dana Design has hired four sales representatives to market the brand’s packs, travel bags and tents to specialty retailers in 17 states. Peter and Jen Grimes, based out of Frederic, Wis., cover Illinios, Minnesota, Wisconsin, Iowa, Missouri, Kansas, Nebra

Quiksilver, Inc. and DC Shoes, Inc. announced a definitive agreement whereby Quiksilver will acquire DC Shoes, the premier designer, producer and distributor of action sports inspired footwear, apparel and related accessories in the U.S. and international

Global Brand Marketing, Inc. has promoted Andrew Rate to Senior Vice President of Global Sourcing and Manufacturing. In his new position, Rate will oversee all aspects of sourcing, production, and quality control of footwear, apparel, and accessories in C

Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and Third Watch Footwear, has hired industry veteran Don Colbert as its Regional V.P. of Sales – Northeast Division. He will be responsible for the Mid-Atlanti

Kmart Holding Corporation has announced that Paul Guyardo has joined the Company as Senior Vice President, Chief Marketing Officer, reporting to Julian C. Day, President and Chief Executive Officer. He will be responsible for Marketing, Advertising, Promo