SGB Update Sports & Fitness
Kellwood Sees Second Quarter Loss Expand; American Rec. Sees Strong Growth in Q2
Kellwood Company Q2 net sales increased 1.3% to $465.4 million compared to $459.6 million in the second quarter last year. The company’s net loss was $65.8 million, or $2.54 per diluted share, versus net earnings of $7.2 million, or 28 cents per diluted s
Iconix to Acquire Pillowtex Brand Portfolio
Iconix Brand Group, Inc. has entered into a definitive agreement to purchase Official Pillowtex, LLC, a licensing company that owns a large portfolio of home brands including four primary brands, Cannon, Royal Velvet, Fieldcrest and Charisma and numerous
Saks Sees August Comps Jump 18.2%
Retailer Saks Incorporated saw owned sales total $213.5 million for the month of August compared to $178.2 million for the same period last year, a 19.9% increase. Comparable store sales increased 18.2% for the four-week period…
The Finish Line Q2 Comps Decline 4.7%; Expects Loss
The Finish Line, Inc. recorded net sales of $343.0 million second quarter, increasing 1.3% versus consolidated net sales of $338.6 million for the same period last year. Total company comparable store net sales for Q2 decreased 4.7%. By concept, Finish Li
Genesco Inc. Turns in Weak Q2; The Finish Line Looks to Re-Evaluate Merger…
Shortly after Genesco, Inc. reported its disappointing second quarter results last Thursday, The Finish Line, Inc., which is in the process of acquiring its rival, came out with an announcement of their own that signaled their own disappointment. FINL sa
Rusty Apparel Names Marketing Head
Rusty Apparel appointed Scott “Pod” Banuelos, most recently Surf Marketing Manager for Smith Optics, as Director of Marketing. The La Jolla Group, Inc, holds the license for Rusty North America…
Wal-Mart Picks Up OP License…
Iconix Brand Group, Inc. signed an exclusive direct-to-retail license agreement with Wal-Mart for its Ocean Pacific and OP brands for distribution of a broad range of apparel and accessories in the United States…
Quiksilver Sues Over Roxywear by Roxx Label
Quiksilver is suing Los Angeles-based Kymsta Corp. again over its Roxywear by Roxx clothing line, citing trademark infringement. The surf company, based in Huntington Beach, first sued Kymsta in 2002, prompting a counter suit from Kymsta contending its Ro
TaylorMade Becomes Trustee of First Tee
The First Tee named TaylorMade-adidas Golf Company as a National Trustee, the first in the equipment sector of the golf industry to contribute a minimum of $1 million to the positive youth development program.
Interbike’s OutDoor Demo Improves Location
Interbike has made improvements to its annual OutDoor Demo bicycle trade show to be held in Boulder City, Nevada September 24-25, 2007. Still located in Bootleg Canyon, the new exhibition booth area has been relocated approximately 350 yards to the west a
Timberland Names SVP and CAO
The Timberland Company has named Carden N. Welsh as senior vice president and chief administrative officer. Mr. Welsh served as Timberland's senior vice president – international from 1998 until 2003 and as treasurer from 1991 until 1998. The company
American Apparel Posts 35% Q2 Sales Jump…
American Apparel, which is in the process of being acquired by publicly-held Endeavor Acquisition Corp, reported second quarter 2007 revenues jumped 35% to $95.6 million from $71 million..
adidas Wins Out in German National Team Fight…
It appears the battle that started with Nike’s offer to sponsor the German national football (soccer) team in early December 2006 has come to a close with adidas still the team’s kit supplier. Reports out of Germany have the German Football Association (D
Tecnica NA Taps Former Marker Exec As New CEO
John Stahler, chairman and CEO of the Tecnica Group, North America, will step down from that post on October 1. Peter Weaver, a former CEO of Marker International, has been selected to replace Stahler as the new CEO of the Tecnica Group, North America. We
O’Neill Becomes Official Partner of Project BLUE
Project BLUE, has added O’Neill as an official partner. As a project BLUE partner, O’Neill joins Billabong, Dakine, Electric, Nixon and Reef in their quest to support the international efforts of the Surfrider Foundation by creating special edition produc
