SGB Footwear

Asics America Churns Out Robust Q1 Growth

Asics America Group (AAG), which includes the U.S., Canada, Mexico and Brazil, reported sales rose 1.8 percent in the first quarter and expanded 5.0 percent on a currency-neutral basis. Asics America Corp. (U.S. only) led the gains, registering a 6.9 perc

Department Stores See Soft Q1

Impacted by the harsh winter weather that extended into many parts of the country into February and March, delays related to a West Coast port dispute, and general softness in consumer spending, several department stores last week reported disappointing f

Gildan Activewear Q1 Earnings Slide

Gildan Activewear reported first-quarter earnings slumped 29.3 percent despite a 15.9 percent gain in sales. The company also slightly narrowed its EPS guidance for the full year to reflect further foreign currency devaluation…

Kohl’s Sees Modest Q1 Earnings Gain

Kohl's Corp. reported first-quarter earnings increased 1.6 percent to $127 million, or 63 cents a share, from $125 million, or 60 cents, a year ago. Same-store sales grew 1.4 percent…

Kering Appoints CEO of Action Sports Brands

Kering, the parent of Puma, Volcom, Cobra, Electric and Tretorn, appointed Todd Hymel to the newly created position of CEO of Action Sports Brands, effective July 1. He will be based in Costa Mesa, CA…