SGB Footwear

Asics Relaunches Asics Tiger as Sport Lifestyle Brand

Asics announced the relaunch of the Asics Tiger brand for the sport lifestyle market. Originally designed as competitive sports shoes during the 1980s and early 90s, the current line of street style shoes will feature fresh, casual designs for everyday we

Obama Budget Again Seeks Full Funding for LandWCF

The Trust for Public Land praised the Obama administration proposal to fully fund the Land and Water Conservation Fund (LWCF) at $900 million – a goal long sought but never fulfilled by Outdoor Industry Association…

Gildan Posts Q4 Loss

Gildan Activewear, the parent of Gold Toe, reported a loss $41.2 million, or 34 cents per share, in the fourth quarter. The loss was attributed to strategic pricing actions in its Printwear segment, which the company announced on Dec. 3, in order to rein

Gildan Activewear to Acquire Comfort Colors

Gildan Activewear Inc. has signed a definitive agreement to acquire substantially all of the assets of Comfort Colors, a leading supplier of garment-dyed undecorated basic T-shirts and sweatshirts for the North American printwear market…

Under Armour’s Q4 Revenues Jump 31 Percent

Under Armour, Inc. reported net revenues increased 31 percent in the fourth quarter to $895 million. Sales grew 30 percent in apparel, 55 percent in footwear, and 22 percent in accessories. Net income in Q4 increased 37 percent, or 40 cents per share, to

Brown Shoe Appoints New CFO

Brown Shoe Company named Kenneth Hannah to replace Russ Hammer as senior vice president and chief financial officer effective Feb. 16. Hannah was most recently CFO at J.C. Penney. No reason was given for the exit of Hammer, who joined the company in May 2