SGB Footwear

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Avenatti Indicted In Nike Extortion Case

Avenatti Indicted In Nike Extortion Case

Controversial lawyer Michael Avenatti was charged with trying to extort Nike out of more than $20 million dollars by threatening to go public with claims the company was facilitating payments to the families of high school basketball stars. Avenatti separately was charged with stealing about $300,000 from his former porn star client Stormy Daniels.

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Skechers Not Worried About Tariffs

Skechers Not Worried About Tariffs

Speaking at the 20th Annual B. Riley FBR Institutional Investor Conference, officials at Skechers USA Inc. said they expect no impact from the latest round of tariffs on Chinese goods and feel comfortable that it will be able to make adjustments if another round arrives.

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