SGB Update Sports & Fitness
Zumiez Abandons Pursuit of West 49
Zumiez Inc. said it was ending its takeover pursuit of West 49 Inc., leaving the path open for Billabong International Ltd. to continue its deal to buy the Canadian action-sports retailer. Last week, Zumiez approached West 49, saying it was prepared to ma
Horny Toad Hires Global Director of Sales
Horny Toad appointed Brian Thompson as the global director of sales. Thompson will be based out of Horny Toad's sales headquarters in Santa Barbara, CA. His experience includes 13 years at Cutter & Buck, where he led the overall operations for three
Eagle Nest Outfitters Celebrates 10th Anniversary
Eagles Nest Outfitters (ENO), creators of outdoor nomadic comfort including durable hammocks and many adventure travel accessories, is celebrating its 10-year anniversary…
Sport Chalet Launches Scuba Treasure Hunt
Sport Chalet, Inc. in cooperation with TUSA, Aqua Lung, Mares and Sea Pearls, is inviting SCUBA divers to find one of three sunken treasure bars valued at $5,000, $3,000 and $1,000. The contest ends July 25, 2010…
Champion Launches Athletes’ Creed Campaign
Champion Athleticwear, the National Alliance for Youth Sports and a council of key sports industry leaders are launching an effort to create an Athletes' Creed, a belief system designed to inspire players of all levels to reclaim the pure enjoyment o
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…
