SGB Update Sports & Fitness

Austin Canoe and Kayak Ends 2012 in Growth Mode

Outdoor retailer, Austin Canoe and Kayak (ACK), a division of MSP Holdings, LLC, surpassed several milestones in 2012 with the expansion of staffing, business facilities, an additional storefront, as well as an increased online presence.

February Container Imports to Surge in Wake of Tentative Labor Deal

With a tentative contract deal reached with East Coast and Gulf Coast dockworkers but a key West Coast agreement unsettled, import cargo volume at the nation’s major retail container ports is expected to increase 8.5 percent in February over the sam

Nike to Sponsor Blackburn Rovers

Blackburn Rovers confirmed a new partnership that will see the club’s kit sponsorship move from Umbro to the Nike brand from the start of the 2013-14 season…

Payless ShoeSource Seeks $175 Million Term Loan

Payless ShoeSource Inc. is seeking a $175 million add-on term loan to fund a dividend to shareholders, a person with knowledge of the transaction told Bloomberg News…

Costco Reports U.S. Comps Grew 3 Percent in January

Costco Wholesale Corporation reported comp store sales for the five weeks ended Feb. 3 grew 8 percent in the United States. This year's period contained one less day compared to last year, due to the timing of the New Year's holiday, which negat

Kohl’s Ends Fiscal 2013 with Strong January Comps

Kohl’s Corporation reported today that comparable store sales for the four weeks ended Jan. 26, 2013 compared to Jan. 28, 2012 increased 13.3 percent. Due to the 53rd week in the fiscal 2012 calendar, fiscal January 2013 included a fifth week which

Sport Chalet’s Losses Increase in Q3

Sport Chalet, Inc. reported that its losses widened in its third quarter ended Dec. 30, 2012 to $1.9 million, or 13 cents a share, compared to a net loss of $1.0 million, or 7 cents in the third quarter of the prior year. The Los Angeles-based chain said

Gildan’s Q1 Tops Guidance

Gildan Activewear Inc. reported net earnings of $35.3 million, or 29 cents per share, in its first quarter ended Dec. 30, compared with a net loss of $46.1 million or 38 cents, a year ago. The results just surpassed company guidance. The company also reco

R.G. Barry’s Q2 Sales Decline

R.G. Barry Corp., the parent of Dearfoams, reported earnings and sales declined in the second quarter and first half ended Dec. 29 due to soft footwear sales, although the overall consolidated performance was in line with its previously-reported expectati

Lululemon Adds European Retail Investor to Board

Lululemon Athletica inc. appointed Robert Bensoussan to its board of directors, saying his experience investing in European retail concepts would help the apparel company as its expands overseas. …