Author: SGB Media

Shoe Carnival was plagued by slower traffic in the second quarter, as slow-moving seasonal product – notably sandals – forced the retailer to increase promotional activity to liquidate the goods. The result was narrower margins and lower comp store resul

Brown Shoe Co. will continue to invest heavily in the turnaround at Famous Footwear. While traffic and sales were sluggish at the company’s family footwear unit, operating profits jumped more than 88% for second quarter as gross margin improved 200 basis

Oakley and The Hockey Company have been wrapped up a court dispute over the Jofa “Image” protective hockey visor. Oakley filed suit against THC on July 31st and applied for a temporary restraining order. The request was denied.
Oakley claims that the

Federal securities regulators have settled fraud charges with the former president of Orange County, CA-based Freedom Surf, Inc. and Cyrus Industries. Raece Richardson, an Australian citizen that ran both companies, agreed to pay $175,000 in penalties to

Raliegh Bicycles is gearing up for a move into the higher-end component and bicycle market; SRAM and RockShox have expanded their “BlackBox” Product Development to include BlackBoxRacing.com; Jet Boil made a stir at the OR show; Aaron Feuerstein is still

The International Organization of Standardization has granted Grivel “14001 certification” for sustainable development…PrAna is joining Patagonia and MEC as the only 3 outdoor clothing manufacturers who use organic cotton…On top of these developments,

Cloudveil has closed on a financing deal with Wells Fargo that will allow the company more freedom as they grow. The credit line was finalized on June 30, 2003.

After recently changing the distribution strategy in Germany, Be One Bikes signs an agreement with Orange Sport Supply Inc. for the exclusive distribution of Be One Bikes in Canada…

Beginning early next year, Cannondale will begin outsourcing the production of its cycling apparel and accessory lines. The move will allow the company to focus its Bedford, Pennsylvania factory exclusively on bicycle manufacturing…

Schure Sports Inc. is extremely pleased to announce the promotion of an existing team member and welcome onboard three well-respected industry greats who will definitely make a huge impact on KARBON's share of the marketplace and improve customer ser

The Hockey Company announced its acquisition, through its wholly-owned subsidiary Sport Maska Inc., of Roger Edwards Sport Ltd. Roger Edwards Sport will continue to function as a separate business unit, operating from its new headquarters in Toronto…