SGB Update

Rocky Shoes and Boots To Acquire Gates Gloves

Rocky Shoes & Boots, Inc. announced that it has entered into a letter of intent to purchase certain assets, including finished goods and raw materials inventory, the registered mark GATES and other trademarks and intellectual property, and customer orders

Oakley Settles Patent Lawsuit with NYX Golf Inc.

Oakley Inc. announced that it has settled a lawsuit for alleged infringement of its XYZ(R) Eyewear Patents, among other things. The parties entered into a confidential settlement agreement, the terms of which were not disclosed, except that the parties d

Gart / TSA Deal Survives Antitrust Deadline; Merger Moves Ahead

Gart Sports Company and The Sports Authority, Inc. announced Thursday that the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 with respect to their previously announced plan to merge the two companies expired at midnig

Oakley, I-Tech Settle Infringement Action; Agree to License Deal

Oakley Inc. has settled its patent infringement lawsuit filed on Dec. 28, 2001 against I-Tech Sport Products Inc., for patent infringement and unfair competition alleging the infringement by ITECH of Oakley's U.S. Patent No. 5,815,848 — “Impact Resi

Federated Inks Private Label Deal with Tarrant

Federated Department Stores, Inc. and Tarrant Apparel Group have signed a multi-year exclusive distribution agreement to distribute American Rag CIE, a new casual sportswear collection for juniors and young men's…

Shoe Pavilion Q1 Comps Decrease 8.8%

Shoe Pavilion, Inc. announced net sales were $18.6 million for the first quarter ended March 29, 2003, compared to net sales of $21.4 million for the same period in 2002, a 13.2% decrease. Comparable store net sales decreased 8.8 % for the first quarter.

West Marine Sees March, Q1 Comps Down Over 10%

West Marine, Inc. reported that net sales for the five weeks ended March 29, 2003 were $55.5 million, a 17.1% increase from net sales of $47.4 million for the same period a year ago. Comparable store net sales for March decreased 10.3% from the same peri

Cherokee Fiscal ’03 Profits Rise 7.4% on 8.0% Sales Gain

Cherokee Inc. reported net revenues for the fourth quarter of fiscal 2003 rose 12.3% to $7.1 million, compared to revenues of $6.3 million in the fourth quarter of fiscal 2002. For the full year ended February 1, 2003, net revenues rose 8.0% to $33.1 mil

Ahead Adds Tempesta to Midwest Rep Slot

Ahead® has hired Tony Tempesta as sales executive for the Kansas and Missouri territory. Tempesta becomes the newest addition to an Ahead sales team whose growth has been prompted by continued expansion of its lines…

NRF Expects Drop in Growth for 2003 Due to War

Retail sales will increase this year at a slower pace than expected as consumers cut back on spending because of the war in Iraq. The National Retail Federation said Tuesday sales will grow 3.8% — a drop from the 5.6 percent the District trade group es

Nautica Signs Women’s Swimwear License Deal with Warnaco

Nautica Enterprises, Inc. announced that it has signed a multi year license agreement with The Warnaco Group, Inc. to manufacture, distribute and market the Company's existing Nautica Women's Collection Swimsuits, Collection Separates Swimsuits

Columbia Completes Acquisition of Mountain Hardwear

Outdoor apparel and footwear leader Columbia Sportswear Company announced that it has completed its previously announced acquisition of Mountain Hardwear, Inc. A wholly owned subsidiary of Columbia Sportswear merged with and into Mountain Hardwear effect

Skechers Signs Men’s Apparel License Deal

Skechers USA, Inc. announced that Garson International has been named the licensee for Skechers men's outerwear in the United States. Under the licensing agreement, Garson International will design, distribute and market Skechers Collection men&#039

REDA Reports 76% Growth in Fiscal 2002

Privately-owned REDA Sports Corporation announced 7.8% comp year-over-year growth and explosive 76.3% year-over-year growth in FY2002, attributed mainly to the robust sales of Kappa USA, the company’s linchpin proprietary soccer brand…

The North Face Opens First NYC Store

The North Face opened its first New York City store last week. Located at 2101 Broadway at 73rd Street, in the heart of Manhattan's Upper West Side, the new store elaborates on The North Face®'s new retail concept designed to personify the bran