SGB Update Sports & Fitness
Jersey Firm Acquires Chinese Sporting Goods Manufacturer
Stockholders in Marlborough-NJ based acquisitions firm 2020 ChinaCap Acquirco Inc. have approved the firm's acquisition of Windrace International Co. Ltd., a Chinese sporting goods manufacturer…
Superfeet Bolsters Sales Force
Superfeet Worldwide Inc. has hired four experienced sales reps in October to keep pace with their continued growth across the U.S. It also named Doug Geddes as national sales manager of Superfeet Canada…
Reebok Product Manager Breaks Free Throw Records
Justin Kittredge, senior product manager for Reebok`s Basketball Division and president and founder of the basketball non-profit, Shooting Touch, Inc., achieved two new basketball world records. The first is for the amount of unassisted free throws ma
Timberland Releases 07/08 Corporate Social Responsibility Report
The Timberland Co. released its 2007- 2008 Corporate Social Responsibility (CSR) report. Among other successes, Timberland reduced reduced its absolute carbon emissions from owned and operated facilities and employee air travel by 27% over its 2006 baseli
CIT Group’s CEO to Resign
Jeffrey Peek, the chief executive officer of CIT Group Inc., will step down at the end of the year as the lender works to stave off bankruptcy. CIT is the leading factoring firm to the retail community…
Study: Bike Injuries Becoming More Severe
The severity of injuries and time spent in hospitalized for bicycle injuries tended to increase in the past decade, according to the findings of a study from the University of Colorado, Denver. The number of chest injuries rose by 15 percent, while abdomi
EU Seeks Compromise on Chinese Shoe Imports
The European Commission has proposed extending anti-dumping duties on EU imports of Chinese and Vietnamese shoes for at least 15 months in a compromise to appease Beijing and global shoemakers, a document showed…
Puma Supports Maasai Wilderness Conservation Trust
Puma announced their support of the Maasai Wilderness Conservation Trust (MWCT), a non-profit organization based in Kenya that supports the preservation of biodiversity within the Maasai tribal lands of East Africa by promoting conservation, education and
TAF Parent Works to Get Back into SEC Compliance; Narrows Q1 Loss
NexCen Brands, Inc., the parent of The Athlete's Foot (TAF), finally filed its fiscal 2008 full year and 2009 first quarter results with the Securities and Exchange Commission following a lengthy probe into accounting irregularities. Although the com
New Legislation Will Protect Recreational Hunting and Fishing on Federal Land
Two bills introduced by Senator Lisa Murkowski (R- AK) and U.S. Representative Dan Boren (D- OK) will protect recreational hunting, fishing and shooting on land administered by the Bureau of Land Management (BLM) and the U.S. Forest Service, according to
Survey Finds Bike Shops Value and Support Bike Advocacy
More than 80% of bicycle retailers who responded to a recent Bikes Belong survey said bike advocacy makes bicycling easier, safer, and more widespread. Sixty percent of the respondents said advocacy leads to more sales in their stores…
Kohl’s September Comps Jump 5.5%
Kohl’s Corporation total sales for the five-week month of September 2009 increased 9.6% from the five-week month ended October 4, 2008. On a comparable store basis, sales increased 5.5% for the month of September…
J. C. Penney Comps Fall 1.4% in September
J. C. Penney Company, Inc. comparable store sales for the five-week period ended Oct. 3, 2009, decreased 1.4%, better than the company’s guidance for sales to decrease 3% to 6%. In last year’s September period, comparable store sales decrease
Ross Stores Posts 8% September Same Store Jump
Ross Stores, Inc. reported sales during September increased 12% to $629 million from $561 million a year ago. Same store sales for the month rose 8%…
TJX’s September Comps Climb 7%
The TJX Cos. sales for the five-week period ended October 3, were $2.0 billion, up 8% over the $1.8 billion a year earlier. Comparable store sales increased 7%…
