Pensole Footwear Design Academy, in partnership with BMe Community, a growing network of black men and others committed to building better communities, announced the launch of Pensole presents BMe Soleciety, a hands-on, four-week, intensive footwear desig
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
DSW Profit Grows 23 Percent, Helped By Less Clearance
DSW Inc. reported strong sales of athletic footwear, strong pricing and comparable store sales growth drove a 9.4 percent increase in sales and a 22.6 percent increase in net income in the fiscal first quarter ended May 2…
Adidas Responds to FIFA Scandal
In response to the FIFA bribery scandal, Adidas urged soccer's governing body “to continue to establish and follow transparent compliance standards in everything they do.”…
Asics Appoints New U.S. PR Agency
Asics America Corporation has named United Entertainment Group (UEG) as its new U.S. public relations agency of record…
DSW Beats Q1 Profit and Sales Expectations
Aided by solid growth across all its major categories and fewer markdowns, DSW Inc. reported profits increased 22.6 percent in the first quarter…
Vibram Appoints Paolo Manuzzi As Global General Manager
Vibram appointed Paolo Manuzzi as its new global general manager. Manuzzi, who has been with Vibram since 1993, was most recently international sales director. He will also be responsible for opening Vibram offices in the United States and Japan…

Adidas Holds Memorial Day Giveaway in Boulder
Adidas took to the streets of Boulder on Memorial Day to ask racers to exchange the shoes on their feet for its Ultra Boost shoe…
Moody’s Rates Bass Pro’s Proposed Term Loan B1
Moody's Investors Service assigned a B1 rating to Bass Pro's proposed $1.74 billion senior secured term loan due 2020 and affirmed its existing ratings, saying the retailer has a track record of rapidly reducing its debt ratios within 18 months
Implus Corp. Acquires Balega Socks
Implus Corporation has acquired Balega Socks in a deal designed to bolster Implus' presence in the specialty running retail channel…
Galvin Green names Andrew Creed President of Galvin Green USA
Galvin Green, the maker of golf apparel based in Vaxjo, Sweden, promoted Andrew Creed to president of Galvin Green USA…

Lolë Flagship Store to Open Flagship in Montreal
Lolë will open a store this fall at 954 Rue Ste-Catherine West that will serve as the activewear brand's new flagship location in its home town of Montreal…
Shoes.com Appoints Geoff Henshaw as VP of Retail and Brand
Shoes.com, parent company of Shome.ca and OnlineShoes.com, announced that Geoff Henshaw has joined the company as vice president of retail and brand…

Surf City USA Attempts to Break Surfing Guinness World Records
Surf City USA is attempting to break not one, but two Guinness World Records on June 20, 2015. The quest to set new global records for both “World’s Largest Surfboard” and “Most People Riding a Surfboard at Once” is anticipat

Adidas and Snoop Dogg Launch New Football Cleat
Adidas and Snoop Dogg officially unveiled the next generation of their football collaboration, the Snoop Dogg adizero 5-Star 4.0 Uncaged cleat and Gameday Trainer…
Brunswick Finalizes Sale of Bowling Division
Brunswick Corporation completed the sale of its Bowling Products business to BlueArc Capital Management, LLC, a private investment firm based in Atlanta. Terms of the transaction were not disclosed…