SGB Update Sportsmans

Quiksilver’s McKnight to be Succeeded by Disney Exec

Robert B. McKnight Jr. will step down as CEO of Quiksilver Inc., replaced by former Disney and Nike executive Andy Mooney, according to a Wall Street Journal report. The management change will be effective Jan. 11. McKnight will become executive chairman.

Target’s December Comps Flat, Slightly Below Plan

Target Corporation reported that its net retail sales for the five weeks ended Dec. 29, were $10.2 billion, an increase of 0.8 percent from $10.14 billion a year ago. On this same basis, December comparable-store sales were essentially flat…

Stein Mart’s Holiday Comps up 6.3 Percent

Stein Mart, Inc. reported comparable store sales increased 5.9 percent for the five-week period ended Dec. 29, 2012. Comparable store sales for the quarter to date November/December holiday selling period were up 6.3 percent, marking the first time since.

Kohl’s Comps Up in December

Kohl’s Corporation reported that total sales increased 4.0 percent for the five-week month ended Dec. 29, 2012 and comparable store sales increased 3.4 percent over the five-week month ended Dec. 31, 2011…

Surftech Appoints Sammy Nigh Director of National Sales

Surftech, the maker of surf and stand-up paddleboards based in Santa Cruz, appointed Sammy Nigh as its new director of North American Sales. Before joining Surftech, Nigh previously served as head of sales at Sessions Outerwear and Fox Sportswear.

Cocona Lands $15 Million Private Placement

Cocona, Inc. closed a $15 million funding round lead by an affiliate of H.I.G. Growth Partners, which has become Cocona's newest minority equity investor. Prior investors Fairhaven Capital and OnPoint Technologies, Inc., also participated in the roun

West Marine Adds Nordstrom Exec to Board

West Marine, Inc. appointed Jamie Nordstrom, who heads Nordstrom’s direct-to-consumer business, as its newest independent director. Nordstrom also was appointed as the fourth member of West Marine's governance and compensation committee…

RockCreek Trail Series Registration Starts Jan. 1

Organizers will open registration for the Salomon Rock/Creek Trail Series Jan. 1, 2013 at 3 AM Eastern. The eight-race series is named for Rock/Creek Outfitters of Chattanooga, TN and is supported by such brands as Salomon, Patagonia, SmartWool, The North

Consumer Confidence Plunges in December

The Conference Board said its consumer-confidence index declined in December, as a sub-gauge on expectations plunged to 66.5 — the lowest reading since November 2011 — from 80.9 a month earlier. Blamed were uncertainties over the fiscal cliff…