SGB Executive Footwear

Omega Sports Sold To Former Fresh Market CEO

Phil Bowman, Omega Sports’ president, told SGB, “It was a perfect situation for someone to come in and still grow our company, protect our culture and carry on the Omega tradition.”

Puma’s Momentum Builds In Q1

Puma now expects operating profits to expand between 45 to 56 percent with currency-adjusted revenue expanding at a low double-digit percentage rate.

Which Active Brands Are Reaching Teens?

Nike, Adidas, Lululemon, Vans, Patagonia and Fitbit are all gaining traction with the teen crowd while Under Armour and The North Face appear to be losing ground, according to Piper Jaffray’s Taking Stock With Teens Spring 2017 report.

Timberland Looks To Diversify To Grow

Timberland plans to aggressively push further into women’s footwear, casual footwear overall and men’s apparel to jumpstart growth in the years ahead. Other key growth priorities included direct-to-consumer and China.

The North Face To Ramp Up Segmentation Efforts

Arne Arens, general manager, Americas, The North Face, told the investment community, “Through these segmentation efforts, we will build a differentiated consumer experience across channels and across tiers, maximizing revenues but also assuring a premium positioning across the entire spectrum of distribution.”

How Does Emerald Expositions Make Money?

Emerald Expositions Events Inc.’s initial public offering reveals that its collection of sports-related trade shows, including Outdoor Retailer, Surf Expo and Interbike, are growing at a steady double-digit rate with healthy booth renewal rates. But particularly impressive is its overall robust profit margins and cash flow conversion.

VF Looks To Jumpstart Acquisitions

“History has shown and we continue to believe that M&A is our highest and best use of capital,” said Scott Roe CFO and VP, at the company’s annual Investor Day. “And it remains our first priority.”

Payless Seeks Debt Restructuring In Bankruptcy Proceedings

Among the U.S. firms left with unsecured claims were Fila USA, New York, NY, owed $5.17 million, as well as two licensing partners, Champion Athleticwear, Winston-Salem, NC, owed $1.41 million; and E.S. Originals, Inc., New York, NY, owed $1.25 million.

Where Is VF Corp.’s Growth Coming From?

Hyper-growth online at both its DTC (direct to consumer) and wholesale accounts, continued momentum with Vans and outsized expansion overseas, especially in China, are being counted on to reach its new five-year growth goals.

Gander Mountain Still Hopes For Going-Concern Sale

Despite reaching a deal with a group of liquidators to become the stalking horse bidder in a planned bankruptcy auction, Gander Mountain said it remains in talks with strategic investors interested in buying the retailer on a going-concern basis.