SGB Footwear

Top SGB Footwear Updates

Adidas Lifts Sales Guidance Despite Lockdowns, Supply Chain Issues

Adidas Lifts Sales Guidance Despite Lockdowns, Supply Chain Issues

Adidas raised its 2021 sales outlook as first-quarter revenues grew 27 percent on a currency-neutral basis and profits returned to near pre-pandemic levels. Across the company’s three strategic markets, currency-neutral sales expanded at a triple-digit rate in Greater China (+156 percent) in the first quarter and increased in the high-single-digits in both North America (+8 percent) and EMEA (+8 percent).

SGB Executive Footwear

Tilly’s Warns On Sluggish Spring Sales

Tilly’s Warns On Sluggish Spring Sales

Tilly's Inc. reported first-quarter earnings and sales both reached the high-end of guidance. But the action sports chain warned of a down second quarter as spring/summer selling has seen a slow start due to cool and wet weather patterns across much of the country, particularly in California.

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