SGB Update

Zappos.com Shows 127% Sales Increase

Zappos.com had their most active holiday buying season in its four year history. For the months of November and December, Zappos reached $20.5 million in sales, a 127% increase over last year's $9 million. Zappos.com finished the year with $70 millio

Footstar Shareholder Stirs the Pot…

Footstar Inc.’s second largest shareholder, Chapman Capital LLC , which holds a 7.1% stake in the parent company to Footaction , Just for Feet and Meldisco, filed papers last week with the Securities and Exchange Commission that called for the resignation

Wal-Mart Charged With More Labor Violations

Wal-Mart faces new complaints and will have to defend itself before an NLRB judge for its illegal intimidation, harassment, and retaliation against workers organizing with the United Food and Commercial Workers Union (UFCW) in Las Vegas, Nevada…

Nike Sued Over Use of Stickman…

Nike, Inc. is under legal assault once again, this time through a lawsuit filed by a cartoonist in China that claims the company infringed the copyright of one of his characters in a global marketing campaign.

Forzani Probed Over Ad Practices…

Forzani Group Ltd. on Thursday confirmed that Canada’s Competition Bureau is commencing an investigation into the advertising practices of the Canada-based parent of the Sport Chek, Coast Mountain Sports and Sport Mart retail chains…

Westerman is New VP Global Mkting at FILA

Sport Brands International (SBI) has named Fila USA's current VP Marketing Communication, Mark Westerman, as Vice President Global Marketing Communication for Fila. Mr. Westerman is the latest in a series of new appointments at the company which, was

Airwalk Picks Up New Apparel Licensee…

Total Sports Distribution Inc., a subsidiary of Bluetorch Inc., has announced that it has signed a letter-of-intent with new Airwalk brand parent, Collective Licensing International LLC, to license the Airwalk name for apparel in the U.S. market. The comp

Kellwood Gets “Phat” with Urban Plans…

Kellwood is getting “Phat” after the company reported that it will acquire Russell Simmons’ Phat Fashions LLC in a deal that is reportedly worth $140 million in cash plus earnouts and additional incentives…

SGMA Releases Annual State of the Industry Report

There is further retail consolidation among retailers, as well as manufacturers. Internet sales strengthen. Licensed sales gain momentum. Federal funds back P.E. Those are just a few of the topics in the 2004 SGMA International State of the Industry r

Malden Now a Political Focal Point…

After a barrage of lobbying from several politicians from both parties, the U.S. Export-Import Bank has agreed to the full $35 million in loan guarantees that former Malden Mills CEO Allan Feuerstein needed to secure funding to regain control of his compa

Kayser Roth Streamlines for ‘04

After four years of addressing operational efficiency issues, Kayser-Roth has completed an integration of its department/specialty store group with their food/drug/mass group. The company believes streamlining these functions will allow it to match or bea

Deckers on Roller Coaster with Ugg…

Last week, Sports Executive Weekly reported that Deckers stock outperformed every other publicly traded sporting goods company on the market with a 520% increase in trading value. Other companies on the list like LaCrosse and Rocky Shoes & Boots were awar

Super Show: Financial Day Highlights from the Big Guys…

This year’s Super Show Financial Day revealed few surprises. Most presenters stuck to their prepared scripts. Attendance seemed lower than last year, as other financial conferences intrude on the timing. SEW brings you the high points of the conference