SGB Update Sports & Fitness

Kenneth Cole Celebrates 30 Years

After launching the company's 30 year anniversary with a February return to New York Fashion Week, Kenneth Cole continues the 2013 celebration with the September 12 launch of 30YearsBold.com. Designed to salute the company's 30 year heritage of

Nathan Makes Inc.’s 500|5000 List of Fastest Growers

Nathan, the maker of hydration, visibility, and other performance gear, announced that it has been named to the 2013 Inc. 500|5000 list, an elite ranking of the nation’s fastest-growing private companies…

Sporting Goods, Hobby, Book and Music Store Sales Decline in August

Sporting goods, hobby, book and music stores’ sales decreased 0.5 percent to $8.57 billion in August compared to July on a seasonally-adjusted basis, but were up 3.4 percent from August, 2012 on an unadjusted basis, according to latest advance esti

Sof Sole Complements Famous Footwear BTS Donation to Salvation Army

In August, Famous Footwear provided more than 100 pairs of the season’s shoe styles for kids through The Salvation Army – Greater New York Division. Sof Sole recently supplemented that donation by sending 130 pairs of socks in corresponding sizes…

Lululemon’s Q2 Earnings Dip, Lowers Full Year Guidance

Lululemon Athletica Inc. reported second-quarter earnings dipped 1.8 percent to $56.5 million, or 39 cents a share, largely due to a higher tax rate. Earnings exceeded a forecast given in June but the yoga-inspired chain still lowered its guidance for the

Footwear Groups Partner to Boost Voice in Washington D.C.

The National Shoe Retailers Association (NSRA) and the Footwear Distributors and Retailers of America (FDRA) announced the establishment of a strategic partnership designed to enhance the voice of independent footwear retailers in Washington. As part of

U.K. Retail Comps Up Slightly in August

UK retail sales values were up 1.8 percent on a like-for-like basis in August 2013 from August 2012, when they had decreased 0.4 percent on the preceding year. On a total basis, sales were up 3.6 percent, against a 1.6 percent increase in August 2012, acc

Report: KKR, Sycamore Considering Joint Bid for Jones Group

Private-equity firms KKR & Co LP and Sycamore Partners are considering a joint bid for Jones Group, the parent of Nine West, the Wall Street Journal reported. In July, Jones Group hired Citigroup Inc to explore a potential sale of parts or all of the comp

Divers Direct Opens Coral Gables Store

Divers Direct announced the grand opening of its newest store in the heart of Coral Gables, FL. The company now has six stores in Florida…

OIA VantagePoint: Footwear Disappoints Again in August

Sales of outdoor products increased 2.9 percent in fiscal August to $868.2 million, according to the latest monthly sales report from OIA VantagePoint™. As in fiscal July, Outdoor Hardgoods and Apparel posted solid sales growth, while Footwear struggled.

Canadian Tire Looks to Raise C$263M through REIT

Canadian Tire expects to raise Canadian $263.5 million ($255.6 mm) through listing of a real estate investment trust that will hold its retail properties. CT Real Estate Investment Trust plans to offer 26.4 million shares at C$10 each…