SGB Update Sportsmans

New Balance Opens Shanghai Store

New Balance has opened its first Experience Store in Shanghai. It is New Balance's second Experience Store in China, following the opening of its first on Beijing's Qianmen Avenue last year…

Macy’s January Comps Climb 3.4%

Macy's Inc. reported January same-store sales rose 3.4%. Total sales also rose 3.4%, to $1.26 billion. Macy's also said it's raising its fourth-quarter earnings target to $1.35 to $1.37 a share, excluding restructuring-related costs. The co

Bon-Ton’s January Comps Climb 5.3%

The Bon-Ton Stores, Inc. reported comparable store sales increased 5.3% for the four weeks ended Jan. 30, 2010. Total sales for the four weeks increased 4.7% to $180.1 million compared with $172.0 million for the prior year period…

Point6 Appoints Bill Post as President

Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…

Bakers Footwear Comps Inch Up 0.8%

Bakers Footwear Group, Inc. said net sales in January were unchanged at $11.9 million compared to the same period last year. Comparable store sales increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009…

China Protests EU Tariffs

China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade

TAG Sold to Lansing Sports’ Philip Rosati

Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…

Sport Chalet Narrows Q3 Loss on 8.9% Sales Decline

Sport Chalet, Inc. reported sales for the third quarter decreased 8.9% to $95.3 million for the third quarter of fiscal 2010 from $104.6 million for the third quarter of fiscal 2009…

Sport Supply Q2 Sales Increase 4.4%

Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31, 2009 to $55.5 million from $53.1 million in the same year-ago period. Margins also increased 90 basis points to a 36.1% level, up from 35.2% a year ago.

Costco Names President

Costco Wholesale Corp. named Craig Jelinek president and chief operating officer, effectively immediately. Jelinek, who will join the board, was previously executive vice president in charge of merchandising, a position he held since 2004…