SGB Executive Footwear

Luke’s Locker Looks To Rebound In Bankruptcy Court
The company plans to reorganize in the near term around three locations in the Dallas/Fort Worth area. Company president Matt Lucas vowed to reestablish the Luke’s Locker franchise to support the North Texas running community.

Nike And Brooks Pace Luke’s Locker’s Unsecured Creditors List
Brooks, Nike, Asics and Saucony were among those left with the largest unpaid bills in the bankruptcy case of Luke’s Locker.

Under Armour’s Growth Stalls
Hurt by heightened price competition on its basic technical apparel as well as admitted shortcomings in its more fashion-oriented offerings, Under Armour reported fourth-quarter results that came in short of Wall Street targets and provided a bleak outlook for 2017.

Finish Line Finds Buyer For JackRabbit
Finish Line expects to incur a pre-tax charge in the fourth quarter of approximately $33 million to $36 million.

Cabela’s Credit-Card Deal In Jeopardy
While Capital One could refile its application, Bass Pro could absorb Cabela’s credit card portfolio into its own portfolio or seek other suitors.

OIA On The Uncertain Future Of America’s Public Lands
Executive Director Amy Roberts and VP of Government Affairs Alex Boian spoke with SGB about the growing threat and why the outdoor industry needs to unite and fight.
What Does Trans-Pacific Partnership’s Exit Signal For Free Trade?
Nike, Dick’s Sporting Goods, The North Face and Under Armour all openly supported the ambitious Pacific-Rim trade pact. New Balance and Patagonia stood out in the industry for opposing the deal.

NRF Big Show 2017: Under Armour Talks Digital Transformation
Under Armour Global Head of Consumer Engagement Kurt Kendall discusses how digital data is transforming retailing and engagement with active consumers.

NRF Big Show 2017: Cabela’s Keys To Building Devoted Consumers
Cabela’s chief marketing officer said his company’s success has been driven not by selling stuff, but by its purpose “to inspire and strengthen the bond between [customers] and the outdoors.”

Big 5’s Q4 Benefits From Competitor Exits
Continuing to capitalize on the exit of Sports Authority and Sport Chalet in its markets, the sporting goods retailer said its fourth-quarter earnings would arrive at the upper end of its guidance.

Cold Weather And Hot Talk At Outdoor Retailer Winter Market
While snowy and chilly weather throughout much of the country cheered spirits, concerns over bankruptcies, politics, shifting consumer behavior and show dates were still top of mind at the show.

Patagonia And Black Diamond Founders Challenge Utah’s Politics
Yvon Chouinard and Peter Metcalf are working together again.

Shoe Carnival Turns Promotional In December
The family shoe chain decided to focus on inventory control across all categories, which resulted in improved sales performance, but at the cost of margin.

Genesco Eyes Pickup At Journeys
Same-store sales at Journeys were down 6 percent in the November/December holiday period, but December marked an improving rate with Journeys being down 12 percent in November.

Lululemon Looks To ‘Amplify The Message’ In 2017
Said Laurent Potdevin, Lululemon’s CEO, at the ICR Conference, “Expect us to be really intentional in how we take a lot of our local stories put them together and have really powerful global stories.”