Skechers USA Inc. reported sales rose 40.5 percent in its first quarter, to $546.5 million, the highest quarterly revenues in the company’s history. Net earnings rose 81.0 percent to $56.1 million, or $1.10 a share,…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Ebay’s Enterprise Segment Delivers Robust Q1 Gains
Ebay reported sales in its Enterprise segment, formerly GSI Commerce, rose 7.1 percent to $288 million from $269 million…
Ahnu Partners with Blake Brody
Ahnu, a division of Deckers Brands, has joined forces with Blake Brody, a manufacturer of high-quality indoor performance footwear, to officially launch Blake Brody for Ahnu – a women’s on-the-mat yoga studio footwear product that is part of the Ahn
Vans to Host Propeller Film
Vans will mark the official release of the first-ever, feature-length Vans global skateboarding video, Propeller, across cities during April and May. Directed by acclaimed skateboard filmmaker Greg Hunt and featuring full parts from some of the biggest n
Rocky Brands Q1 Profits Improve
Rocky Brands reported flat sales in the first quarter but its profitability doubled…
FASTG8 Adds Casey Sheahan and Zohar Ziv
FASTG8 said former Patagonia CEO Casey Sheahan and former Deckers Outdoor COO Zohar Ziv have signed on as strategic investors…
Foot Locker Partners with Pensole
Foot Locker, Inc. has entered into a collaboration with Pensole Footwear Design Academy to invest in the next generation of footwear by fostering innovation and creativity in the classroom. Foot Locker and Pensole will partner with Asics Tiger on their fi
Under Armour’s Q1 Revenues Climb 25 Percent
Under Armour reported earnings in its first quarter declined 13 percent, as expected, and came in a penny ahead of Wall Street's target. Revenues jumped 25 percent with apparel running ahead 21 percent and footwear surging 41 percent. The company rai
Reef Resigns Luke Davis
Reef renewed its sponsorship of Luke Davis as a global toe-to-head ambassador for another three years…
Nike Signs Marcus Mariota
Nike Inc. has signed Marcus Mariota to an endorsement deal. The former University of Oregon Ducks starting quarterback is expected to be a top-five pick the upcoming NFL draft…
Les Mills Provides PHIT America $35,000 in Grant Funding
Les Mills announced that it is a gold sponsor of PHIT America, a cause dedicated to increasing physical activity and fitness to improve the health of Americans. As part of this partnership, the company will provide $35,000…
Under Armour to Open Design Center in Portland, OR
Under Armour confirmed plans to move into the former YMCA building south of downtown Portland to support its footwear and innovation capacities. According to the Oregonian, Under Armour will move about 50 employees, most of them footwear designers, from a
North Face Expands Clothes The Loop Recycling Program
The North Face announced the expansion of its Clothes The Loop recycling program to all of its retail and outlet stores in the U.S. in tandem with an in-store and social media campaign to encourage consumers to recycle unwanted apparel and footwear from a
Foot Locker Introduces Shoemoji
Foot Locker, Inc. debuted its first smartphone mobile application for iOS and Android. The Foot Locker App also exclusively introduces the world to Shoemoji, the world's first sneaker replica emoticons…
Sports and Fitness Industry Surpasses $84 Billion in Wholesale Sales
The sports and fitness industry grew 3.5 percent in 2014, representing $84.3 billion in wholesale sales in the United States, according to the 2015 Manufacturers’ Sales by Category Report published by the Sports & Fitness Industry Association (SFIA)
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