SGB Update

Lavin Joins Outside Magazine’s Sales Team

Outside magazine has added Terry Lavin to the sales team as account manager. Terry will join the magazine's New York-based staff and report to the Eastern advertising director, Skip Gilbert…

PUMA Launching Bodywear Line in U.S.

PUMA North America has launched of a new collection of bodywear designed and manufactured by Schiesser Lifestyle to be sold through their exclusive U.S. distributor, United Legwear & Bodywear…

New NSGA Report Sees Mostly Declining Participation Numbers…

Last week the SGMA released their top-line participation report (SEW_0416) which showed some considerable gains in fitness activities, relatively flat participation in many team sports, and gave an upbeat outlook for the world of outdoor recreation. This

Urban Outfitters Ups Guidance; EPS Will Double

Urban Outfitters, Inc., which operates retail stores under the Anthropologie, Urban Outfitters and Free People brands, said that quarter-to-date comparable store sales continue to significantly exceed the sales plan set at the beginning of the year. Q1 C

Gander Mountain Closes IPO; Appoints New Baord

Gander Mountain Company closed its initial public offering of 6,583,750 shares of its common stock at a price of $16.00 per share, including the underwriters' over-allotment option. Under terms of the original filing, a number of Erickson family mem

GSI Commerce Hires Human Resources Chief

GSI Commerce, Inc. has hired James Flanagan, 43, to the newly created post of senior vice president of Human Resources. Flanagan, an HR executive with more than 18 years' experience, will report to Michael Rubin, chairman and CEO of the company…

Puma Market Cap Breaks the $4.0 Billion Mark…

PUMA AG rode the market even higher last week, with company shares more than doubling in the past year. Shares peaked last week at €212.70 before closing at €210.90, up 6.8% for the week and up more than 46% since the first of the year. The company’s m

Foot Locker Wins Footaction’s Hand…

The U.S. Bankruptcy court last week weighed arguments from Footstar, Inc. and the lawyers representing the Unsecured Creditor’s Committee regarding competing bids for the assets of the company’s remaining Footaction stores. Footstar was urging the Court

Timberland Jumps on Strong Q1 Gains…

Analysts appeared to have a different take on Timberland’s first quarter results and future outlook, but those looking at the company in a more positive light gave the company a boost on the street as TBL shares hit a three-year high for the week, closing

Former JFF Execs Enter Guilty Pleas…

Don Ruttenberg, former EVP of Just for Feet and son of the retailer’s founder, entered his guilty plea Thursday on charges of conspiracy to commit securities fraud, wire fraud, and submitting and making false statements to the retailer’s auditors. Seven