SGB Apparel

SGB Update

Deckers Brands Will Execute a Six-for-One Forward Stock Split

The parent company of Hoka, Ugg, Teva, Sanuk, Koolaburra, and Ahnu said its Board approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split.

SGB Executive

EXEC: Footwear Factories See Diverging Trends in June

Yue Yuen’s footwear manufacturing revenue grew 2.9 percent year-over-year in June 2024 while Feng Tay Enterprises reported footwear manufacturing revenues were essentially flat for the month of June, rising just 0.8 percent

EXEC: Tom Peddie Returns to Nike as VP of Marketplace Partners

Executive search firm MacGregor Black noted the reappointment on Tuesday morning on LinkedIn, saying that the “move comes as the iconic sports brand looks to enhance its relationships with existing retailers such as Foot Locker.”

EXEC: Columbia Sportswear Shares Tick Up on Analyst Upgrade

The last big jump for Columbia came after 2024 first-quarter results surpassed analysts EPS expectations and revenue also came in ahead of consensus estimates. COLM shares jumped 10.6 percent at the time. COLM shares are now flat for the year.