Shimano reported revenues rose 22.2 percent to ¥333.17 billion ($2.78 bn) in the year ended Dec. 31, from ¥271.0 billion a year ago. Net income jumped 46.0 percent to ¥51.2 billion ($427.3 mm)…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Under Armour Sues Sketchers Over Ad Campaign
Under Armour sued Sketchers USA for copying the look and feel of Under Armour “Protect This House” ad campaign…
Skechers Q4 Profits Leap
Skechers USA reported earnings rose 54.7 percent the fourth quarter, to $21.9 million, or 43 cents a share. Revenues jumped 26.4 percent to $569.7 million. Double-digit improvements were seen in its domestic and international wholesale and Skechers compan
Skechers Q4 Earnings Soar, Backlogs Up 60 Percent
Capping off a strong bounce-back year, Skechers USA reported earnings rose 54.7 percent the fourth quarter, to $21.9 million, or 43 cents a share. Revenues jumped 26.4 percent to $569.7 million…
Made in America Bicycles Now Available at Walmart
Bicycle Corporation of America (BCA), a unit of Kent International Inc., announced that its bicycles, which are assembled in the U.S., are now available for purchase in-store at various Walmart locations nationwide…
Zamst Wins ISPO 2015 Award for Filmista Technology
Zamst, a leader in high-performance sports prevention and protective equipment, received the 2015-2016 ISPO Accessories Award for their new Filmista ankle support product…
FDRA: Import Tax Bill Outpaced Overall Sales
The Footwear Distributors and Retailers of America (FDRA), the footwear’s industry’s trade association, announced that tariffs on footwear hit another all time high. In 2014, the footwear industry paid $2.67 billion in footwear tariffs to the
Modell’s Sporting Goods Opens Store in Long Island City
Modell’s Sporting Goods is opening a new location at 3500 48th Street in Long Island City, bringing its total to 153 storefronts…
Dick’s SG Partners with U.S. Olympic Committee
Dick's Sporting Goods and the United States Olympic Committee (USOC) announced a sponsorship agreement in which the retailer will serve as the Official Sporting Goods Retail Sponsor to the USOC and Team USA. The first of its kind partnership for Dick
Urban Outfitters’ Q4 Comps Gain 6 Percent
Urban Outfitters, Inc., the parent of the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, reported comparable-store sales in the fourth quarter increased 6 percent…
Zensah Hosts First Miami Underwear Run
Zensah, best known for its compression leg sleeves, will host the first Miami Underwear Run on Wednesday with SoleRunners Running Store and their weekly run club. Timed to Valentines Day…
Nike To Open Jordan Pop-Up During NBA All-Star Weekend
Nike will open a Jordan-Brand themed pop-up shop in Brooklyn to support the NBA All Star Game…
Kids Foot Locker Ad Stars Chris Paul and His Son
Kids Foot Locker debuted its newest commercial titled, “Dreams,” which breaks as part of its national “It Must Be February” marketing campaign…
RILA: Retailers Express Supply Chain Challenges at U.S. Ports
In testimony submitted to Senate Commerce, Science, and Transportation Committee, Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety and Security, the Retail Industry Leaders Association (RILA) outlined the issues facing the
Yue Yuen Sees Gains in January
Yue Yuen reported sales during January reached $709.1 million against $690.2 million, representing a gain of 2.7 percent…
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