SGB Apparel

WTO Rules on China Shoe Dumping Dispute

A World Trade Organization panel largely backed China in a complaint about European Union import duties on Chinese footwear, dealing a partial victory also to European importers and retailers. In a ruling, the panel told the European Union to bring its me

Volcom’s Revenues Climb 7 Percent in Q3

Volcom recorded revenues of €82 million ($116 mm) in the third quarter of 2011, up 7 percent on a comparable basis, according to the third quarter report of its new parent, PPR. North America, which accounts for more than half of Volcom's reven

Skechers Launches Japanese Subsidiary

Skechers USA, Inc. plans to double its business in Japan over the next three to five years with the launch of its new subsidiary, Skechers Japan, G.K. The company will assume direct distribution of its brand from Achilles Corporation…

Cabela’s Sells $300 Million in Notes

Cabela’s Inc. said it was able to sell $50 million more in notes than initially planned at lower interest rates than just four months ago. The retailer will use the $300 million in proceeds from its latest securitization transaction to refinance ass

Deckers Outdoor Q3 Revenues Catapults 49 Percent

Deckers Outdoor Corp. reported third-quarter revenues jumped 49.1 percent to $414.4 million compared to $277.9 million in the prior year. The gains were again powered by the Ugg brand, where sales rose 47.3 percent. Teva revenues grew 7.3 percent. Earning

Equip Closes $33 Million Lowe Alpine Acquisition

Equip Outdoor Technologies Ltd. said it closed on its £20 million ($33 mm) purchase of Lowe Alpine, a 44-year-old brand that had been withering under Italian ownership. Matrix Private Equity Partners, which helped finance the acquisition, has taken a mino

Skechers USA Q3 Net Income Falls 77 Percent

Skechers USA, Inc. reported that net sales for the third quarter of 2011 were $412.2 million, compared to $554.6 million in the third quarter of 2010, and income from operations was $2.3 million, compared to $55.6 million in the third quarter of 2010…