SGB Executive Footwear

Oil Patch Region Business Hampers Boot Barn

Boot Barn Inc. reported earnings plunged 72.5 percent in its fiscal first quarter ended June 25, to $624,000, or 2 cents a share. While same-store sales improved, the retailer continued to be impacted by softness in regions impacted by low oil and commodities prices.

Shimano Corp. Slashes 2015 Guidance

Shimano Corp. expects sales to fall twice as fast this year than it did three months ago due to a global oversupply of bicycles.

Skechers Q2 Bogged Down by Domestic Sales Weakness

Strong double-digit growth from its international business and company-owned retail channel couldn’t offset a myriad of financial and logistical challenges in the second quarter for Skechers USA.

Aisle Talk, Week of July 18

A quick hit of the industry’s movers and shakers this week — hires, promotions, recognitions and new locations.

SSI Data: Sport Footwear Sales Jump in June

Despite some pricing pressures from retail bankruptcies and liquidations in the market, SSI Data’s latest retail point-of-sale figures for the fiscal month of June showed Sport Footwear sales rising 12.9 percent in dollars and by 19.9 percent in units.

Amazon Kills It On Second Prime Day

Marking its biggest sales day ever, Amazon Inc. said customer orders taken during second annual Prime Day, July 12, surpassed Prime Day 2015 by more than 60 percent worldwide. Sales vaulted more than 50 percent in the U.S.

Why Was Canadian Tire’s CEO Ousted?

In a shocker, Canadian Tire, the parent of Sports Chek and one of the largest retailers in Canada, ousted its CEO, Michael Medline, less than two years on the job.