SGB Update Sports & Fitness
Cherokee Inc. to License JEM Sportswear
Cherokee Inc. entered into an exclusive agreement in the U.S. with JEM Sportswear for men’s and boy’s knit tops for its Sideout brand. JEM Sportswear, based in San Fernando, CA, currently has 35 active licensing deals with Disney, Hasbro, Fox,
Nordstrom Reports August Comps Slide 7.6%
Nordstrom, Inc. reported a 7.6% decrease in same-store sales for the four-week period ended August 29. Total sales were $541 million for August 2009, a decrease of 3.0% compared with $558 million for the same period in fiscal 2008…
Kohl’s August Comps Increase 0.2%
Kohl’s Corporation total sales for the four-week month ended August 29, 2009 increased 4.8% to $1.32 billion compared to $1.26 billion during the four-week month ended August 30, 2008. On a comparable store basis, sales increased 0.2%…
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%…
U.S. Fish and Wildlife Announces Leadership Selections
U.S. Fish and Wildlife Service Director Sam D. Hamilton has announced the appointments of Dan Ashe and Rowan Gould to serve as deputy directors for the agency…
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…
Crocs Introduces Sneaker-Inspired Collection
Crocs, Inc. has introduced a new Crocband Collection that combines the features of its Beach and Cayman styles with the appeal of retro sneakers…
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…
Shoe Carnival Achieves Slight Earnings Gain Despite 6.4% Comp Decline
Shoe Carnival, Inc. reported sales for the second quarter slid 3.7% to $152.8 million from $158.5 million as comps declined 6.4%. Earnings inched up 0.5% to $982,000, or 8 cents per diluted share, from $977,000, or 8 cents, a year ago…
Mountain Khakis Named to Inc.’s Fastest Growing Private Company List
Mountain Khakis was recently ranked among America’s “Fastest-Growing Private Companies” on the 2009 Inc. 500 register…
Sport Supply Sees Cost Reductions Boost Fiscal Fourth Quarter Profits
Sport Supply Group, Inc. reported sales dipped 2.3% in its fourth quarter ended June 30, to $59.7 million from $61.1 million a year ago. Earnings rose 27.7% to $2.3 million, or 18 cents a share, from $1.8 million, or 15 cents, a year ago…
