Category: Footwear

J.C. Penney Comps Drop 4.5%, Raises Q3 EPS Guidance

November 5, 2009 SGB Update

J.C. Penney Co., Inc. reported that comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5%, slightly better than the company’s guidance for sales to decrease 5% to 8%. In last year’s October period, comparable sto

Ride Snowboards Names U.S. Sales/Mktg Manager

November 5, 2009 SGB Update

Ride Snowboards promoted Rockies sales rep Shawn Penrod to U.S. Sales & Marketing Manager, where he’ll serve as the liaison between the company and its reps and dealers. Penrod will also oversee domestic advertising, promotions, events and communica

Akadema to Sponsor Sports At The Beach

November 5, 2009 SGB Update

Akadema plans to sponsor Sports At The Beach team for 2010. Sports At The Beach is a 95 acre baseball facility located near Rehoboth Beach, Delaware. It offers youth baseball tournaments from March through October…

Nexcen Brands Slashes Q2 Loss

November 5, 2009 SGB Update

NexCen Brands, the parent of The Athlete's Foot, reported total revenues decreased 1% in the second quarter ended June 30, to $11.8 million, compared to $11.9 million in the second quarter of 2008. The slight decrease in revenues is the result of a d

IV Gear Licenses Coppertone Brand for Headwear

November 3, 2009 SGB Update

Thanks to a new licensing agreement with Schering-Plough HealthCare Products, the IV Gear division of InnoVision will be introducing a line of sun-protective headwear under the Coppertone brand. Initially, IV Gear will introduce 23 styles ranging from buc

Golf Datatech: Sept. Rounds Up 4.2%; YTD Up 0.5%

November 3, 2009 SGB Update

According to Golf Datatech, rounds played in the US in September were up 4.1% compared to September 2008 and up 0.5% for the year to date. Public courses were up 4.6% and 0.8% for the month and YTD, respectively. Private courses were up 2.5% for the month

Deuter Names Dir. of Sales/Marketing

November 3, 2009 SGB Update

Deuter, makers of multi-use packs, announced the hiring of Christian Mason as director of sales and marketing. Mason comes to Deuter USA from Petzl America, where he most recently managed the headlamp division for the vertical and headlamp equipment manuf

Cybex Q3 Revenues Sink 17%

November 3, 2009 SGB Update

Cybex International, Inc. reported sales fell 17.1% in the third quarter to $29.0 million compared to $35.8 million a year ago. The company reported net income for the third quarter of 2009 of $0.1 million, or 0 cents a share, compared to $0.3 million, or

Hillerich and Bradsby Found Liable for Player’s Death

November 3, 2009 SGB Update

A jury in Clark County, MT, found Hillerich & Bradsby Co., the parent of Louisville Slugger, liable for the 2003 death of an 18-year-old who was hit in the head by a batted ball. The jury awarded $850,000 to the family of Brandon Patch, the player who die

Adams Golf Settles Stockholder Class Action Litigation

November 3, 2009 SGB Update

Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999 against Adams Golf, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial pub

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