SGB Update Sports & Fitness
Cornell May Cut Nike License Over Honduran Issues
Without “significant progress” in resolving an ongoing labor dispute in Honduras, Cornell University said it will end its licensing agreement with Nike by the close of the year…
Billabong to Acquire RVCA
Billabong International Ltd. reached a conditional agreement to acquire California apparel brand RVCA. Terms of the deal were not disclosed. Billabong expects RVCA to contribute 2% to Billabong group revenues in the 2010/2011 fiscal year and be neutral to
Under Armour’s President David McCreight Resigns
Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Stage Stores June Comps Dip 1.3%
Stage Stores, Inc. reported that its total sales for the five week June period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. Comparable store sales decreased 1.2%…
NRF Releases Blueprint for Retailers to Leverage Mobile Technology
Nearly three-quarters of retailers are exploring mobile strategies, according to a recent Shop.org survey. However, 62% have either not yet begun or are only in the early stages of planning their mobile strategy. This alarming gap shows that many retaile
Macy’s, Inc. Same-Store Sales up 6.5% in June
Macy's, Inc. reported total sales of $2.23 billion for the five weeks ended July 3, 2010, an increase of 9.0% compared with total sales of $2.044 billion in the five weeks ended July 4, 2009. On a same-store basis, Macy's, Inc. sales were up 6.5
BJ’s Wholesale Jumps 7.9% in June Comps
BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for June 2010 increased by 7.9% to $1.08 billion, from $1.00 billion in June 2009…
Target Sales Rise 4% in June Comps
Target Corporation today reported that its net retail sales for the five weeks ended July 3, 2010 were $5,918 million, an increase of 4.0% from $5,690 million for the five weeks ended July 4, 2009…
Chip Coe Becomes Wolverine’s VP, Accessories
Wolverine World Wide, Inc. appointed Chip Coe as vice president – licensing and accessories. Coe was president and chief executive officer at Teko Socks and before that he was president and chief operating officer at Smartwool…
Zumiez Comps up 10.9% in June
Zumiez Inc. reported comparable store sales increased 10.9% for the five-weeks ended July 3, versus a comparable store sales decrease of 19.3% in the year ago period…
Smith and Wesson Beats Fiscal Q4 Revenue Estimates; Ups Fiscal Year Outlook
Smith & Wesson Holding Corporation wrapped up its fiscal year on a high note, delivering year-end results that represented growth in total revenues, gross margin and net income…
Nikwax Names Chinese Distributor
Nikwax will distribute its products in China through Beijing Travel Mouse Outdoor Company (BTMOC). BTMOC is led by entrepreneur Zhang Heng, the founder of China’s premier outdoor specialty chain known as Sanfo. Nikwax’s first appearance in the
Outdoor Channel Names Allen CFO
Outdoor Channel Holdings, Inc. said Tom Allen has been appointed Executive Vice President and Chief Financial Officer. Mr. Allen will commence employment on July 16, 2010 and report to Roger Werner, President and Chief Executive Officer of Outdoor Channel
TaylorMade-adidas Renews EWGA Sponsorship
The TaylorMade-adidas Golf Company (TMaG) has renewed its ongoing relationship with the EWGA (Executive Women's Golf Association) as a supporting partner…
Salomon Recalls Some Touring Boots
Salomon has voluntarily recalled ski boot sole pads with steel inserts and all terrain ski boots that use them due to a fall hazard, the U.S. Consumer Product Safety Commission reported…
