SGB Update

Copeland’s Sports Sold to New York Firm

Bruckmann, Rosser, Sherrill and Co., a private equity firm based in New York, has bought a controlling interest in CA-based Copeland's Sports. Terms of the deal were not released. BRS portfolio companies include Au Bon Pain, California Pizza Kitche

Russell Acquires Jagged Edge Outdoor Company

Jagged Edge, a mountain clothing company founded in Telluride in 1991, has been acquired by Russell Corp. Jagged Edge, now located in Moab, Utah, has retail stores in Telluride, Breckenridge and Crested Butte…

Tommy Hilfiger Launches Apparel in Korea

Tommy Hilfiger Licensing, Inc. announced a new retail licensing agreement with SK Global Co., Ltd. for the distribution of Tommy Hilfiger products in South Korea…

Gander Mountain December Comps Jump 9.8%

Gander Mountain reported a 10.6% increase in comparable store sales for the months of November and December. November sales increased by 9.8%, while December sales saw a gain of 11.1%…

Forzani Corp. Stores Take December Comp Dip

The Forzani Group Ltd. announced total retail system sales were up 7.5% over the prior year. Corporate comparable store sales decreased 5.3%, while franchise comparable store sales increased 9.7% for the Christmas selling season…

Golf Galaxy Names McCormick CMO

Golf Galaxy, Inc., the Everything for the Game(TM) golf retailer announced that Mick McCormick has joined the company as Chief Marketing Officer…

Sears CEO Under Some Pressure to Show Results Soon

Sears, Roebuck and Co. Chief Executive Alan Lacy was riding high seven months ago. The company's credit card business was cruising along nicely, stores were being remodeled, and Sears' stock hit a four-year high of nearly $60 per share. But

Footstar Athletic Reports Flat December Comps

Footstar, Inc. reported that comparable store sales for the period ended December 28, 2002 increased 2.1%.
Comparable store sales at Meldisco increased 4.0%, and comparable store sales for the athletic segment decreased 0.2%. Due to the calendar shift, s

Big 5 Strategy Wins Over Market…

The largest sporting goods retailer on the West Coast keeps winning over the pundits as they consistently execute against their time-tested strategies. Senior management and buyers alike will often tell vendors, “Don’t try to tell us how to do it, we kno

Reebok Goes “DOH” in Classic Campaign…

Just when you think the brand finally has its message right. Right when retailers are starting to feel like the brand might mean something again to the trend-setting urban male. Someone comes up with a campaign that makes even the most loyal Reebok supp