SGB Update

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

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

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

Nordstrom Expects Lower First Quarter Earnings

Nordstrom, Inc. announced that based on quarter-to-date sales, first quarter 2003 earnings per share are expected to be below the previously guided range of $0.23 to $0.27 per share, which compares to $0.22 per share for the same period in the prior year.

Tag-It Pacific Posts 2002 Profit on 38% Sales Gain

Tag-It Pacific, Inc. reported that for the fiscal year ended December 31, 2002, net sales increased approximately $16.5 million, or 38%, to $60.1 million, compared to $43.6 million for fiscal 2001. Earnings per share reached 14 cents per share for the ye

Dillard’s Appoints Wal-Mart Vet to Board

Dillard's, Inc. announced the appointment of Bob L. Martin to its board of directors. Mr. Martin is the former president and chief executive officer of Wal-Mart International…

Quiksilver Opens Times Square Store

Quiksilver, Inc. announced it opened the doors of its Times Square store at 3 Times Square, on the corner of 42nd Street and 7th Avenue in New York City. This latest Quiksilver Boardriders Club features 3,300 square feet of retail space with a 20-foot “w