The Original Muck Boot Company announced the brand’s first fashion collaboration with The Fabulous Beekman Boys. Inspired by the growing farm-to-table movement, Brent Ridge and Josh Kilmer-Purcell transplanted themselves from New York City to a farm
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Wolverine Worldwide Sees Modest Q1 Revenue Decline
Wolverine Worldwide reported revenue in the first quarter, as expected, declined modestly to $627.6 million, a decrease of 2.8 percent versus the prior year. Gains were tempered by continued soft traffic at retail in the U.S., the strategic realignment of
Skechers Named Fashion Brand of the Year by UK Magazine
Skechers USA, Inc. was named Fashion Footwear Brand of the Year at The Footwear Industry Awards. The awards was supported by the British Footwear Association (BFA), Independent Footwear Retailers Association (IFRA), Society of Shoe Fitters and Footwear To
Foot Locker Foundation Unveils Scholar Athletes Recipients
Foot Locker Foundation, Inc., the charitable arm of Foot Locker, Inc., announced the twenty recipients of the Foot Locker Scholar Athletes Program. Each student will receive $20,000 in college scholarships, totaling $400,000…
Big 5’s Q1 Profits Tumble 72 Percent As Firearms Sales Wane
Big 5 Sporting Goods reported that net sales fell 6.1 percent to $231.3 million in the fiscal 2014 first quarter compared to the first quarter of fiscal 2013 as sales of firearms, ammo and related products tapered off as expected. Same-store sales declin
FeraDyne Outdoors Sold to PE Group
FeraDyne Outdoors, LLC, the manufacturer of archery and bow hunting products and accessories, has been acquired by Snow Phipps Group, LLC, a New York-based private-equity firm…
Nike Sues Ex-Employees Over Stolen Sneakers
Nike filed a federal lawsuit among five individuals, including three former employees, accusing them of stealing and selling sample and promotional basketball shoes, according to a report in The Oregonian…
Yue Yuen Strikes Estimated to Cost $60 Million
Yue Yuen Industrial (Holdings) said a labor dispute that stopped some of its production this month will cost it nearly $60 million initially—and the bill could climb. Production at a footwear factory in southern China's Guangdong province has resumed
REI Members Elect Two New Directors
REI’s members recently elected Karen E. (Kari) Glover and Sharon Philpott to three-year terms and re-elected Cheryl Scott to a three-year term…
Mueller Signs Tennis Star Rafael Nadal to Three-Year Deal
Mueller Sports Medicine has signed a three-year agreement with tennis star Rafael Nadal to endorse Mueller ProStrips abrasion control products…
Columbia Sportswear Ups FY14 Guidance on Strong Q1 Results
Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand for its fall 2014 products, strong results at its new Chinese joint venture and the ac
Osprey Appoints Kenny Ballard as Chief Operating Officer
Osprey Packs, Inc. announced that outdoor industry veteran Kenny Ballard has joined the company in the newly created role of chief operating officer. As COO, Ballard will head up Osprey Packs operations, IT, purchasing, quality and returns as well as huma
Flip Flop Shops Announces Caribbean Development Deal
Flip Flop Shops inked a master franchise agreement with the team behind Happy Toes Caribbean. The agreement calls for the establishment and development of at least 20 new shops throughout the islands, the first of which will open in Aruba…
New Pentagon Policy Seen as Boost to US Footwear Manufacturers
Acting Deputy Secretary of Defense Christine Fox announced Friday that the Department of Defense will provide military recruits with American-made footwear, rather than giving them a stipend to buy their own training shoes. New Balance, which had lobbied
Wolverine to Produce Athletic Shoes in Michigan for US Military Recruits
Wolverine Worldwide Inc. is well on its way to producing athletic shoes for U.S. military recruits at its factory in Michigan thanks to a partnership between its Merrell, Saucony and Bates brands, according to Chairman and CEO Blake Krueger…
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