SGB Footwear

Canoecopia 2015 Sales Exceed Expectations

Paddlesports companies came away from the annual Canoecopia show reporting unexpectedly strong sales and traffic gains that could bode well for the upcoming season, according to attendee interviews conducted last week.

L.L.Bean to Open its First Ohio Store

L.L.Bean expects to open its first Ohio store in November. The store will be located at Legacy Village, a popular lifestyle center in Lyndhurst, OH , just outside of Cleveland. The 16,000 square-foot store…

Osprey Packs Utah Distribution Center to Open This Month

Osprey Packs Inc. said its new distribution center is set to open in Ogden, Utah later this month. While Osprey company headquarters, which includes sales, customer service, marketing, finance, quality assurance, and other core functions, will remain in C

Nike’s Q3 Earnings Climb 16 Percent

Nike Inc. reported earnings rose 16 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share. Sales rose 7 percent to $7.46 billion. Sales on a currency-neutral basis grew 11 percent for the Nike brand and 33 percent for Converse.

Yue Yuen Faces Factory Strike

Yue Yuen Industrial Holdings Ltd said on Wednesday thousands of workers at a factory in South China have gone on strike following changes to production processes…

Shoe Carnival’s Q4 Profits Soar

Boosted by favorable weather and strength in boots, Shoe Carnival Inc. reported earnings rebounded in the fourth quarter to $2.97 million, or 15 cents a share, up from $598,000, or 3 cents a share, a year ago. Results easily topped the off-price shoe chai

Largest Big 5 Shareholder Initiates Proxy Battle

Stadium Capital Management, LLC (SCM), which owns over 11 percent of Big 5 Sporting Goods Corp, plans to nominate three independent candidates to the sporting good chain’s board at its upcoming annual meeting…