SGB Update

Sorel Inks Sock License Deal with Crescent Hosiery

Sorel, a division of Columbia Sportswear Company has signed a North American license agreement with Crescent, Inc. for the design, manufacture and marketing of men's, women's and children's socks. The Sorel branded sock collection will be a

Smith Taps Randolph as Cycling Team Manager

Smith Optics has hired respected professional cyclist, Greg “Chopper” Randolph, as its bike team and promotions manager, effective immediately. Randolph will be responsible for supporting the current roster of athletes while continuing to develop its tea

Brown Shoe is Licensee for Bass Brand Footwear

Brown Shoe Company, Inc. has reached agreement with Phillips-Van Heusen Corporation for an exclusive, long-term license to design, source and market footwear at wholesale under PVH's well-known Bass label. The arrangement is expected to become effect

Diane Sullivan Named President of Brown Shoe Company

Brown Shoe Company, Inc. announced that Diane M. Sullivan has joined the company as its new President. She will oversee the company's operating divisions, including Famous Footwear, Brown Shoe Wholesale and Naturalizer as well as Brown Shoe's ma

Cutter and Buck Fiscal Q2 Profits Jump…

While Cutter & Buck reported a decline in total sales in its fiscal 2004 second quarter, the company continued their turnaround as net income jumped 600% due to actions emphasizing profitable sales, reducing costs and improving sourcing and product pricin

Singing Rock Expands

Singing Rock office team expands with 2 new employees.Vojtech Dvorak will be joining the team as the world wide brand manager, and Jan Novotny joins product development as sourcing manager. Vojtech's area will cover grafic work, shop displays, sales

Variflex Looks to Shrek for Help…

Variflex had another tough quarter, with sales declining 4.0% from $12.6 million in fiscal Q1 2003 to 12.1 million in fiscal Q1 2004 ended October 31. VFLX swung to a loss of $477,000. or 10 cents per share, compared to $11,000, or $0 per share LY…

Spiegel Actions May Signal Renewed Focus on Bauer…

Spiegel is becoming more active with its management of their Eddie Bauer subsidiary, asking the judge overseeing their Chapter 11 bankruptcy for permission to close around 30 stores and open 17 new ones. This action may not bode well for LL Bean’s intere

Rocky Hits Wolverine with Stalker Suit…

Rocky Shoes & Boots and Wolverine Worldwide are duking it out over the “Stalker” brand name. Rocky last week sued Wolverine in Federal District Court in Columbus, OH, citing Wolverine’s use of the word “stalker” on a new line of hunting boots…

Brown Shoe Co. Escapes Big Lawsuit Hit; Exits Canada Factory…

In spite of several proactive initiatives to remedy an environmental impact problem in Colorado, Brown Shoe Company lost a lawsuit filed by Denver area residents. The plaintiffs had sought more than $380 million, including punitive damages, but the jury d

The White Weekend after Black Friday…

As the entire Northeast turned white under a blanket of snow last weekend, retailers from the fashion, electronics, and sporting goods sectors were reporting a disappointing outcome for the second biggest shopping weekend of the year. But outdoor retail a

Specialized Recalls Brake Rotors…

Specialized is recalling its 2004 “S-works Enduro and Enduro Expert” line of full suspension bikes due to potentially faulty disc brake tabs on the Fox forks which came standard on the bikes…

Airwalk Parent to Prevail in Takeover Bid…

The factories that forced Airwalk into bankruptcy last month in a last gasp attempt to stymie an acquisition plan by the company’s parent company have come up short. A federal bankruptcy judge in Denver ruled last week to lift the stay that prevented Sun

Joy Athletic’s Barnhill Indicted for Fraud

Jeffrey Barnhill, the founder and former president and director of the now-bankrupt Joy Athletic apparel company, has been indicted for fraud. Barnhill and other defendants allegedly falsified financial statements, created false invoices and checks, used

adidas-Salomon Exerts More German Control Over U.S. Market…

The move by adidas-Salomon AG last week to appoint current global marketing chief Erich Stamminger to the additional role as head of adidas America is either a move to create a new U.S.-centric marketing strategy or an effort to exert more German control