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

Sideout Gains Girls Licensee

Cherokee Inc. has entered into an exclusive agreement in the U.S. with Evy of California for Girl's 0-16 sportswear for its Sideout brand…

Adidas America Announces Restructuring

Adidas America Inc. on Wednesday said it laid off a small number of employees as part of a U.S. restructuring at its Portland headquarters but indicated that it still expects to see job growth in the U.S. this year…

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…