SGB Update

Kellwood Promotes Skinner to President and COO

Robert C. Skinner, Jr. has been appointed Kellwood president and chief operating officer, according to Hal J. Upbin, Kellwood chairman and CEO. Formerly, Skinner held the post of Kellwood corporate vice president with overall responsibility for the compa

Niemira Leaves BT-M For ICSC Research Post

The International Council of Shopping Centers has announced that Michael P. Niemira will be joining ICSC as Chief Economist and Director of Research, effective Monday, December 15, 2003. Most recently, Mr. Niemira was the Vice President and Senior Economi

NSGA Mourns Loss of Another Industry Veteran

The National Sporting Goods Association is reporting that former Chairman of the NSGA Board of Directors Robert S. “Bobby” Boyer, died Monday from cancer. The Funeral is scheduled for Thursday, December 4, at 4:00 p.m. at the Park Cities Presbyterian Chur

Huffy Issues Warning on Fourth Quarter Sales and Earnings

Huffy Corporation announced Monday that fourth quarter sales and earnings are below plan. Currently, sales in November are lagging sales for the same period last
year, orders for the balance of the quarter are running below anticipated levels and it is t

Claiborne Completes Enyce Acquisition

Liz Claiborne Inc. announced today that it has completed the purchase of all of the equity interest in ENYCE HOLDING LLC for a purchase price of approximately $114 million, including the retirement of debt at closing…

Vendors See Upside from Healthy Retail Market…

Tighter inventories and stronger retail sales have led to improving margins for industry apparel and footwear vendors while the hardlines companies continued to lag the total industry numbers for the third quarter ended September. For those companies not

JC Penney Completes Mexico Divesture

J. C. Penney Corporation, Inc. and its subsidiary, J. C. Penney Mexico, Inc., announced Monday that it has successfully completed the sale of its six Mexico department stores to Grupo Sanborns S.A. de C.V. of Mexico City. The sale transaction, which was a

Forzani Q3 Earnings Fall on Liquidation of Casual Apparel…

Shares of Forzani Group Ltd. fell 13.1% last week to close at C$16.51 on Friday after Canada’s largest sporting goods retailer reported sharply lower earnings for fiscal third quarter and lowered earnings estimates for the balance of the year…

Play it Again Parent Moves to Nasdaq National Board

Winmark Corporation, parent company for Play it Again Sports, announced that the trading of its stock will move from the Nasdaq SmallCap Market to the Nasdaq National Market effective December 2, 2003…

K2, Inc. Asks Neighbor to Move In…

K2 Inc. is expanding faster than waistlines during the holidays as the sporting goods industry’s leading brand aggregator looked just up the street for an appetizer to hold them over until their next big deal. The company on Wednesday announced that it w

SGMA’s Baseball and Softball Council Names New Chairman

The membership of SGMA International's Baseball & Softball Council has elected George Manning as it new chairman, effective at the Council's next meeting on January 11, 2004. Manning takes over the reins from outgoing Chair Larry Carlson, VP-Res

Let’s Hope the Season Can Live Up to All the Hype…

While analysts are debating whether or not this Christmas will be a blockbuster year, the American consumer is speaking out and saying that they are ready to spend. Through a flurry of early holiday polls, customers have told retailers that they are going

NRF: Holiday Shopping Season Starts Strong

The ceremonial kickoff to the holiday season started with a bang, according to the findings of a new National Retail Federation (NRF) survey. The third installment of the NRF 2003 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch fo

Court Wants to Hear More in Airwalk Bankruptcy Case…

Airwalk’s banker and parent company came up short last week in their bid to have a stay lifted that has so far stymied the parent’s plan to buy the now-bankrupt shoe company out of foreclosure. Congress Financial Corporation, Airwalk International’s seni