Skechers Sees First Quarter Earnings Soar

Skechers USA, Inc. reported earnings rose nearly five-fold in its first quarter ended Mar. 31, to $31.0 million, or 61 cents a share, from $6.7 million, or 13 cents, a year ago. Revenues rose 21.0 percent to $546.5 million from $451.6 million a year ago,

Canada Goose Opens Offices in London

Canada Goose Inc. has opened an office in London, England that will serve as both its first sales office in the United Kingdom and its first marketing office for Europe…

BRG Sports Agrees to Sell Easton Cycling

BRG Sports Inc. has agreed to sell Easton Cycling to cycling industry veteran Chris Tutton. Tutton has long worked as an independent sales representative for Easton Cycling’s OEM business and he also owns Race Face Performance Products, a company t

CNET Reports Nike Will Stop Developing Fuelband

CNET has reported that Nike is officially abandoning development on all Fuelband hardware, but will continue to support the Nike+ software platform, possibly as part of a strategy to license that technology to other hardware manufacturers…

Escalade’s Q1 Profits Rise 33 Percent

Escalade, Inc. announced that net income for the first quarter of 2014 was $2.3 million, or 16 cents per share compared to net income of $1.6 million, or 12 cents, for the same quarter in 2013. Consolidated net sales for the first quarter of 2014 were 7 p

Yue Yuen Factory Strike Continues

Workers on strike at some plants of Yue Yuen Industrial Holdings in Dongguan in the Guangdong province on Tuesday rejected management's latest offer in an ongoing labor dispute. With the strike at the world's largest maker of athletic shoes ente

Skechers Endorser Wins Boston Marathon

Skechers' star athlete, Meb Keflezighi on Monday won the Boston Marathon. Wearing the new Skechers GOmeb Speed 3 shoes, Keflezighi broke his personal record with a time of 2:08:37, and is the first American male to win the Boston Marathon since Greg