SGB Footwear

Billabong Refinancing Offer Undergoes Revision

US private equity groups Centerbridge and Oaktree are considering whether to make a last-minute bid for Billabong after a Takeovers Panel ruling opened the company up to rival takeover offers, according to a report by the Australian. The panel had forced

Tern Names New Canadian Distributor

Tern, the Taiwanese company that specializes in making folding bikes for urban transport, named Outdoor Gear Canada (OGC) as its exclusive distributor in Canada…

J.C. Penney Posts $586 Million Quarterly Loss

]C. Penney Company, Inc. reported sales of $2.66 billion in the second quarter compared to $3.02 billion in the fiscal second quarter of 2012. Comparable store sales declined 11.9 percent in the quarter, and were negatively impacted by the company's

TJX Raises Guidance on Robust Q2

The TJX Companies, Inc. reported net sales for the second quarter of Fiscal 2014 increased 8 percent to $6.4 billion. Consolidated comparable store sales for the quarter increased 4 percent…

Parents Wrapping Up Back-to-school Shopping Early

The average family with school-age children in grades K-12 has already completed more than half (52.1 percent) of its shopping, up from 40.1 percent the same time last year and the highest percent in the survey’s history, according to National Retai

Spira Forms License with Duck Dynasty TV Show

Spira Footwear, the running shoe company known for its springs in the midsoles, has reached an agreement to develop camouflage running footwear line in partnership with the “Duck Dynasty” television show…

ReFleece Expands Supply Chain to Include Woolrich Scrap

ReFleece, which makes iPad sleeves and other accessories from scrap salvaged from apparel and fabric makers and Patagonia's Common Threads Initiative has added Woorich fabric, damaged garments, and other textile scraps to its raw materials mix…