Aetrex Worldwide Inc. has launched its first-ever mobile app generator for footwear retailers to support its iStep system…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Michael Phelps Suspended By USA Swimming For Six Months
USA Swimming has suspended Michael Phelps for six months, forced him to withdraw from next year's world championships and taken away his funding from the sport's national governing body as a result of the Olympic champion's second DUI arres

Skechers Performance Division Partners with American Cancer Society
Skechers Performance Division announced a partnership with the American Cancer Society to support the organization’s fight against breast cancer. The month-long breast cancer awareness program encompasses a limited-edition performance footwear line,
Boot Barn Looks to Ride IPO to Expand
Boot Barn Holdings Inc., which operates 155 stores in 24 states, has filed for an initial public offering. The company plans to raise up to $86.25 million…
Puma Extends BMW Deal
Puma has extended its partnership with BMW Motorsport, announcing a multi-year renewal of its contract with the global motorsport brand…

Muck Boots Partners with Modern Farmer Magazine
Muck Boots has partnered with Modern Farmer, the lifestyle magazine focused on food, farming and country living, on a limited-edition boot…
Reports: Tony Hsieh Steps Down From Vegas Downtown Project
Zappos CEO Tony Hsieh has reportedly stepped down as the leader of the Las Vegas Downtown Project. The utopian living experiment has seen pushback from locals since its inception. Hsieh in a statement refuted much of the news…
Under Armour Plans Distribution Center In Tennessee
Under Armour, Tennessee Governor Bill Haslam, and Economic and Community Development Commissioner Bill Hagerty announced the company's plans to build a new one million square foot distribution and warehouse facility in Mount Juliet, TN a suburb of Na
Outside Magazine’s Best Places to Work
Horny Toad Activewear, Brooks Sports, CamelBak, Deckers Brands, Smith Optics and Patagonia were among the firms that landed on Outside Magazine's Best Places to Work 2014 list…

Nike Delays Launch of LeBron 12 Basketball Shoes
Nike has delayed the launch of the new Lebron 12 shoes due to product quality issues. In a brief statement on its website, Nike said, “Product quality is a priority for Nike. Due to a small cosmetic issue with some of the LEBRON 12 shoes we have delayed t
Exponent Renews Corporate Partnership with SFIA
A leader in engineering and scientific consulting, Exponent has renewed its corporate partnership with the SFIA, maintaining its Gold level Partner status. As a founding Corporate Partner, Exponent’s expertise will continue to be highlighted through
Prana Set To Make Biggest Increase Yet In Fair Trade Offerings For 2015
Prana, the first major apparel company in North America to offer Fair Trade Certified styles in partnership with Fair Trade USA, announced plans to grow its Fair Trade Factory offerings to 45 pieces for Spring 2015, an increase of more than 400 percent fr
Fila to Sponsor Dutch Skating Team
Fila Korea signed a sponsorship contract with the Dutch Skating Federation (KNSB) to support the national skating teams of the Netherlands. Fila will supply jerseys, training wear, and shoes to the 150 speed skaters, short track skaters, and inline skater
Adidas Plans $2 Billion Stock Buyback
Adidas AG resolved plans to return up to €1.5 billion ($2 bn) in total to Adidas AG shareholders over the next 3 years, primarily through stock buybacks. In addition, Adidas AG confirms its stated commitment to pay an annual dividend to shareholder
RSG Acquires Raleigh-based Capital RunWalk
The Running Specialty Group (RSG), an operating segment of The Finish Line, Inc., announced the addition of Raleigh-based Capital RunWalk to its national community of retail locations. This expands RSG’s market share to include North Carolina…