Category: Footwear

ASR Shifts 2010 Dates

April 2, 2009 SGB Update

Action Sports Retailer (ASR) is moving the dates for both of its 2010 trade shows. Events will continue to be held in San Diego, CA, with the fall buying event taking place February 3rd-4th, 2010 and the spring/summer seasons staging August 14th-16th, 201

Cannondale Shifts Manufacturing from Bedford, PA to Taiwan

April 2, 2009 SGB Update

Cycling Sports Group (formerly the Cannondale Sports Group) plans to consolidate all North American product development, marketing and business management functions for the four cycling brands Cannondale, Schwinn, GT and Mongoose to Bethel, CT. Bike frame

Crocs to Buy Employee Stock Options

April 2, 2009 SGB Update

Crocs Inc is launching a cash tender offer for employee stock options worth up to $315,000. Crocs said it decided to make the tender offer following a decline in its stock price since November 2007, which “has significantly eroded the value of a substanti

OIA Hails Re-Introduction of Affordable Footwear Act

March 31, 2009 SGB Update

Outdoor Industry Association (OIA) is applauding action by Senators Maria Cantwell (D-WA) and John Ensign (R-NV) to formally re-introduce the bipartisan Affordable Footwear Act (S.730), legislation that would permanently eliminate “extraordinarily high ta

Skechers Enters Eyewear License

March 31, 2009 SGB Update

SKECHERS USA, Inc. has signed a worldwide licensing agreement with Viva International Group to create SKECHERS-branded sunglasses and prescription eyewear. The SKECHERS eyewear collection line is set to debut in Spring 2010. Viva already has eyewear licen

Skechers Enters Eyewear License

March 31, 2009 SGB Update

SKECHERS USA, Inc. has signed a worldwide licensing agreement with Viva International Group to create SKECHERS-branded sunglasses and prescription eyewear. The SKECHERS eyewear collection line is set to debut in Spring 2010. Viva already has eyewear licen

Heelys Narrows Losses for Q4

March 31, 2009 SGB Update

Heelys, Inc. reported sales slumped 37.1% in the fourth quarter ended Dec. 31, to $9.8 million from $15.6 million a year ago. The net loss was trimmed to $5.2 million, or 19 cents a share, from $5.9 million, or 22 cents, a year earlier…

Klean Kanteen Joins Conservation Alliance

March 31, 2009 SGB Update

Klean Kanteen, the maker of stainless steel water bottles, said it recently became a member of the Conservation Alliance, and was also honored last Wednesday at the California Ocean’s Day Reception in Sacramento, for its environmental stewardship…

G-III reports 37.1% Jump in 2008 Sales

March 31, 2009 SGB Update

G-III Apparel Group, Ltd. reported sales increased by 32.6% in the fourth quarter ended Jan. 31, to $170.7 million from $128.7 million. The company lost $32.1 million, or $1.93 a share, due to a goodwill impairment charge…

Targeted Endorsement Dollars Still a Wise Spend

March 30, 2009 SGB Update

Athlete and celebrity endorsement dollars are best spent when targeting a young or minority sports or outdoor consumer in the U.S. That is one conclusion generated by the SportsOneSource 2009 Brand Strength Report that measures how American consumers vie

Burton Founders Eliminate Own Salaries as Layoffs Occur

March 30, 2009 SGB Update

Burton implemented cost savings initiatives last week as it reduced head count and implemented a reduction in salaries across the board. In a move that should likely garner more attention than it has, Burton owners Jake and Donna Carpenter have chosen to

Mammut Sales Rise 8.8% in 2008…

March 30, 2009 SGB Update

Mammut Sports Group reported an increase in sales of 8.8% to CHF 192.6 million ($171 mm) lfor 2008 thanks primarily to buoyant demand for clothing and technical products. The company stated that without currency translation effects, growth would have reac

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