SGB Footwear

ProdecoTech Acquisition Could Close in April

Paymeon Inc. expects to close on its all-stock acquisition of the remaining 80 percent of e-bike maker ProdecoTech in the next 30 days, the penny stock company disclosed in an annual report filed Thursday…

Adidas Sets Rebound Plan

With a plan built around speeding turnaround, increasing its presence in major cities and customization, Adidas AG revealed a new five-year plan that it projects will lift profits by 15 percent a year through 2020. On the top-line, it expects to outperfor

OIA Capitol Summit Nearing

Outdoor Industry Association (OIA) reminds its members to consider attending the 23rd annual Capitol Summit, which will take place April 14-15 as policy makers engage in important public lands and international trade conversations…

PacSun’s Q4 Comps Jump 6 Percent

Pacific Sunwear of California reported comps grew 6 percent in the fourth quarter, its 12th straight quarter of positive comparable store sales. The retailer also reduced its loss from continuing operations before special charges…

PVH Corp. Swings to Profit

PVH Corp, the parent of Speedo and Izod, reported fourth-quarter earnings per share on a non-GAAP basis increased 23 percent to $1.76, including a 10 negative impact related to foreign currency exchange rates…

TIA Summit: Tennis Not Engaging Youth

At the 2015 Tennis Industry Association (TIA) Tennis Summit, held Mar. 17 to 18 in Indian Wells, CA, a lineup of tennis, sports and business executives discussed opportunities but also many challenges keeping the sport relevant in today’s business c

G-III Announces Record Results

G-III Apparel Group Ltd., a major licensee of professional and collegiate sports brands, reported net sales for the fiscal year ended Jan. 31 were up 23 percent to $2.12 billion thanks to a strong performances from the apparel company’s wholesale bu

Sanuk Announces Expanded Instagram Promotion

Sanuk has rolled out an expanded version of a marketing campaign to select retailers that offers rewards to consumers who try on any pair of the brand's footwear and share their experience on Instagram…

Karmaloop Undergoes Restructuring, Seeks Buyer

Karmaloop Inc., a 15-year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, began a formal restructuring and is setting up a sales auction process in bankruptcy court…