SGB Update

Cybex Posts Q1 Loss on 9.0% Sales Increase

Cybex International, Inc. reported net sales for the quarter ended March 29, 2003 were $20,608,000, representing an increase of 9% compared to net sales for the first quarter of 2002 of $18,913,000. The net loss for the quarter was $1,787,000, or $0.20 p

Nordstrom April Comps Off 0.3%; Q1 GM Shrinks

Nordstrom, Inc. reported preliminary sales of $439.7 million for the four-week period ending May 3, 2003, an increase of 5.2% compared to sales of $417.8 million for the four-week period ending May 4, 2002. Same-store sales decreased 0.3% for the month of

Shopko April Comps Increase 3.5%

ShopKo Stores, Inc., reported consolidated sales for the four weeks ended May 3, 2003 were $224.2 million, 3.3% above the $217.0 million reported for the same period last year. Consolidated comparable store sales increased 3.5%…

Costco April Same-Store Sales Up 6.0%

Costco Wholesale Corporation reported net sales of $3.14 billion for the four weeks ended May 4, 2003, an increase of 10 percent from $2.84 billion in the same four-week period of the prior fiscal year…

adidas Sued by Veggie Group for Roo Shoes

Vegetarians International Voice for Animals filed a lawsuit Wednesday against adidas using a California law intended to protect endangered species. adidas is countering the charge by pointing out that while the company makes shoes using kangaroo leather,

Urban Outfitters Q1 Comps Up 2.0%

Urban Outfitters, Inc. announced total Company comparable store sales for the quarter ended April 30, 2003 rose 2% on top of an 18% increase in last year's first quarter. “Comp” store sales at Urban Outfitters gained 5% versus an increase of 12% last

Gottschalks April Comps Down 3.0%

Gottschalks Inc. announced that April 2003 same store sales decreased 3.0% from the prior year. Total sales decreased 5.7% to $43.0 million from $45.6 million in April 2002. During the month the Company operated seven fewer stores than in the same period

Goody’s April Comp Store Sales Up 5.6%

Goody's Family Clothing, Inc. reported total sales for the month ended May 3, 2003 were up 4.2% to $95.1 million, compared to $91.3 million in April 2002. Comparable store sales increased 5.6%…

Oregon Bank Parent Names Nike’s DeStefano to Board

Umpqua Holdings Corporation, parent company of Umpqua Bank and Strand Atkinson Williams & York, increased its focus on the Portland market by adding Nike President of USA Operations Gary DeStefano to its board of directors…

Galyan’s Name New Apparel GMM

Robert B. Mang, Chairman and CEO of Galyan's Trading Company, Inc. announced the appointment of Jeff Brown to the position of Senior Vice President, General Merchandise Manager Apparel. Jeff joins Galyan's after more than 28 years with Kaufmann&

Kellwood Acquires XOXO Apparel License

Kellwood Company announced it has acquired the XOXO license for sportswear, dresses and intimate apparel from Global Brand Holdings. Kellwood's acquisition of the license is subject to the closing of the sale of the XOXO trademark by Aris Industries

Global Brands Acquires Aris Brands

Aris Industries, Inc. announced Wednesday it has signed a definitive trademark purchase agreement with Global Brand Holdings, LLC (“Global”) providing for the sale of the XOXO, XOXO IN AMERICA AND ABROAD, FRAGILE and LOLA trademarks and related assets for

Escalade Ups Stake in STIGA Parent

Escalade, Inc. has increased its ownership interest in Sweden Table Tennis AB from 37.5% to 50%. Sweden Table Tennis AB owns the STIGA table tennis brand name and is the recognized leader in table tennis design and engineering. Sweden Table Tennis AB repo

Foot Locker Shuffles the Upper Deck

The strength of the retailer’s European business, and the planned growth there, made the resignation of Foot Locker Europe CEO Simon Rider a surprise to many. Foot Locker's major expansion plans in Europe were counted on to offset the weakening US b