SGB Executive Outdoor
UPDATE: Joe’s Sports to Pursue Sale of Assets
As SGB Update first reported Thursday, Joe's Sports & Outdoor has filed for Chapter 11 bankruptcy protection. Initial reports indicated that the retailer planned to keep all 30 of its stores open while it explored attempted to obtain credit, raise ad
K-Swiss Worldwide Revenues Plunge 28% in Q4
K-Swiss reported net loss for the fourth quarter of 2008 ended Dec. 31 was $13.7 million, or 39 cents per diluted share, compared with net earnings of $596,000, or 2 cents per diluted share, in the prior-year period…
Somnio Launches Customizable Footwear Line
An avid runner who was experiencing problems with his feet, Sean Sullivan started seeing Dr. Andy Pruitt at the Boulder Center for Sports Medicine in Boulder, CO. The conversation quickly shifted from Sullivan’s problems to the solutions. That ideas led t
Slow Motion
Like neutral cushioning and stability, motion control has been one of the traditional categories that performance running footwear brands and retailers have used to segment their products…
Mizuno Running Earns Podiatric
Mizuno USA, Inc. received the American Podiatric Medical Association Seal of Acceptance for ten of the company’s running shoe models…
Newton Running Names New President
Newton Running has named Stephen Gartside as president of the technical running footwear company. Gartside will run the day-to-day global operations of Newton Running and work closely with Newton’s founders, Danny Abshire and Jerry Lee…
Ortholite Sponsors Road Runners Club of America
OrthoLite has signed a sponsorship agreement to become the preferred insole partner of the Road Runners Club of America (RRCA) and the American Hiking Society (AHS)…
Legendary Mountaineers Partner with Eddie Bauer
Eddie Bauer has partnered with a team of mountaineers to build a new line of outerwear and gear called First Ascent. The team includes reknowned mountain guides and climbers, including Peter Whittaker, Ed Viesturs, and Dave Hahn…
Footjoy Closing Plant in Brockton
FootJoy, a division of the Acushnet Co., is shutting down its plant in Brockton, MA, affecting 103 employees. A company spokesman Rob Kelley told The Enterprise of Brockton that the closure announced Thursday will occur in phases over the next six weeks..
Danner Receives Military Contract
LaCrosse Footwear, Inc.'s Danner® subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this y
Crocs Appoints Board Member
Crocs, Inc. has appointed Stephen Cannon to the board of directors…
G-III, Foundry Accessories Enter Licensing Agreement
G-III Apparel Group, Ltd. said is has entered into a long-term men’s accessories license for its Andrew Marc and Marc New York brands with Foundry Accessories, LLC…
Warnaco’s Q4 Sales Dip 4.4%
The Warnaco Group, Inc., the parent of Speedo, saw net revenues fall 4.4% to $445.9 million in the fourth quarter. The company, which also produces Calvin Klein jeans and underwear, showed an operating loss was $12.0 million in the period, which included
Pacific Brands Restructures As H1 Sales Down 2.9%
Pacific Brands is implementing a new strategy – Pacific Brands 2010 – in which it will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesses and facilities, some as going concerns. These change
Hanesbrands Revises Earnings Growth Forecast
Hanesbrands Inc., the parent of Champion and Duafold, said it does not expect to achieve its earnings target in 2009 and that it its amending its credit facility. The company predicted low to mid-teen percentage unit volume declines in early 2009 amid low
