SGB Update Sports & Fitness

Saks Comps Tumble 19.6% in August

Saks Inc. reported an 18.2% decline in sales during August, to $160.8 million from $196.4 million a year earlier. Comps decreased 19.6% for the month…

Neiman Marcus’s August Comps Tumble 16.6%

Neiman Marcus, Inc. reported August sales fell 15.3% to $241 million from $285 million a year ago as comps plunged 16.6%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 19.6%…

Amer Lowers FY Guidance, Exploring Sale of Mavic

Amer Sports said it is currently exploring alternatives in respect of its cycling business Mavic, including a divestiture. It also warned that current estimates for FY09 are “too optimistic” given current economic conditions while unveiling a €150 m

BIKE EXPO 2010 to be held in July

BIKE EXPO 2010 in Germany will be held from July 22nd to July 25th. Messe München GmbH, the organizers, said the dates were confirmed in several meetings with industry representatives…

LL Bean Hires Designer to Create Signature Line

L.L. Bean plans to launch a hipper, more stylish collection under the name L.L. Bean Signature. The line, for men and women, is being designed by Alex Carleton, the founder of Portland-based Rogues Gallery, a popular line of urban clothing…

Golf Datatech: Golf Rounds Played Flat in July

According to Golf Datatech, rounds played in July were flat for the month of July compared to July 2008 and are up 0.2% on a YTD basis. Public access courses were up 0.1% in July while private courses were down 0.4%…

Outdoor Research Lauded for Eco-Packaging

Outdoor Research announced that during the First Session of the 111th Congress, the Honorable Jay Inslee, US House of Representatives for Washington State, recognized Outdoor Research for their efforts on environmentally conscious packaging…

Fila to Make Co-Branded James Blake Collection

Fila and James Blake have entered into a product collaboration to develop a co-branded apparel, footwear and accessories collection with a trademark to be designed by Blake…

Cash for Clunkers Reaches Cycle Shops

At least two cycle shops have come up with their own version of the Cash for Clunkers car rebate program. Joe Bike in Southern Portland and the Ski & Bike Shop in Grand Forks, North Dakota are both offering bike discounts in trade-in deals…

Retail Cube Sees Fiscal Year Profit Jump on Strong TAF Sales

RCG Corporation has reported consolidated net profit before tax increased 27% to A$7.61 million ($6 mm) for the fiscal year ended June 30, due to a 15% incrase in sales in the company's The Athlete's Foot network of stores. Comp store sales gro