SGB Update

Genesco Sees Q3 Earnings Decline 6.9% as Station Sales Decline

Genesco Inc. reported net earnings of $9.4 million, or $0.42 per diluted share, for the third quarter, compared with net earnings of $10.1 million, or $0.41 per diluted share, for Q3 last year. Net sales were off 0.3% to $212.5 million compared to $213.2

Crossover King Sues Nike, AND1, and Reebok

The owners of SB Designs, a small Chicago-based apparel company, have sued basketball apparel power-players Nike, Reebok, AND1 and several other companies for infringing its trademarks.

The Hockey Company Acquires German Distributor

The Hockey Company Holdings announced the proposed acquisition of Norbert Ewald GmbH (Ewald Sport Service), a leading hockey equipment distributor in Germany, in order to better service the Central European market…

Reebok Hires New Chief Human Resources Officer

Reebok has appointed Bob Myers as Chief Human Resources Officer and Senior Vice President of the corporation. Bob has more than twenty-two years of human resources experience, which includes leadership positions at such top global brands as PepsiCo, Targ

Hibbett Q3 Net Jumps 65% on 6.9% Comp Sales Increase

Hibbett Sporting Goods, Inc. announced net sales for the 13-week period ended November 1, 2003, increased 17.0% to $78.4 million compared with $67.0 million for the year-ago period. Comparable store sales increased 6.9% in the third quarter of fiscal 200

Novak Joins Mountainsmith as VP Sales

Peter Novak has been named as Vice President of Sales for Mountainsmith, the Colorado-based innovator of cutting-edge packs, bags, and luggage. Novak, who was most recently with Royal Robbins as National Sales and Marketing Manager for their 5.11 Tactica

SGMA: Apparel ASP Dropped Almost 12% in 2002

The industry is selling more apparel for less. That's the underlying theme of SGMA International's Sports Apparel Monitor (2003 edition), produced in conjunction with The NPD Group, Inc. According to the report, the retail sports apparel marke

NSGA Lands Strong Group for Conference Footwear Panel

The NSGA has put together an outstanding footwear panel this year for the 40th Annual NSGA Management Conference, which will be held May 16-19, 2004, at the Hilton Head Marriott Beach & Golf Resort. Marshal Cohen, Co-President of NPD Fashionworld, will p

REI’s Madsen Elected to Alaska Air Baord

Alaska Air Group, Inc. announced the election of Dennis Madsen, president and chief executive officer of Recreational Equipment, Inc., to the company's board of directors. Seattle-based Alaska Air Group is the parent company of Alaska Airlines and H

Columbia Signs Home Furnishings Licensee

Columbia Sportswear Company announced that is has signed a license agreement with PEM America for the design, manufacture and marketing of a new Home Furnishing collection — bed pillows, comforters, throws, mattress pads, blankets and bath accessories. T

Phoenix Taps Konecki for Trask Brand Chief

Phoenix Footwear Group, Inc. announced the appointment of Tom Konecki to Vice President and Brand Manager of the Company's H.S. Trask and Ducks Unlimited footwear brands. Prior to joining Phoenix Footwear, he was Executive Vice President at Born, whe

Nordstrom Q3 Earnings Jump 147% on 5.0% Comp Gain

Nordstrom, Inc. reported net earnings increased 147% to $45.5 million, or 33 cents per diluted share, for the third quarter of 2003 ended November 1, 2003, compared to net earnings of $18.4 million, or 14 cents per diluted share, for the year-ago period.

Next, Inc. Addresses of Securities Fraud Charges

Responding to questions about potential federal securities fraud charges against its CEO, Next, Inc. issued a release Thursday that no one associated with the alleged charges had been served with an “official copy of the complaint”. The company was react

Dillard’s Triples Q3 Loss on Declining Sales

Dillard's, Inc. announced the net loss for the 13 weeks ended November 1, 2003 was $15.8 million, 19 cents per diluted share, compared to a net loss of $5.1 million, or 6 cents per diluted share for the year-ago period. Sales for the quarter slipped

Mossimo Reportedly Cuts Design Staff

Media sources are reporting that Mossimo Inc. laid off four of its clothing design staff Thursday, according reports from the company's Canadian retail partner. The affected staff is reportedly is comprised of “most of the team in charge of designin