SGB Footwear

Dorel Industries to Continue Stock Buyback Program

Dorel Industries Inc., one of North America’s largest bicycle vendors, disclosed plans to repurchase and cancel up to 850,000, or 3.07 percent, of its Class B subordinate voting shares over the 12-month period beginning May 2, 2013…

Jawbone Acquires BodyMedia

Jawbone, , the maker of wireless audio and fitness-tracking devices, plans to acquire BodyMedia to further its leadership and accelerate its innovation in wearable health technology and personal data analysis…

Vittoria Names New GM, Moves Warehouse to California

Italian cycling shoe maker Vittoria has restructured its North American division, Vittoria USA LLC, and relocated its warehouse from Ohio to California. Kim Maynard has joined the company as general manager and is based at Vittoria USA's new 2,400 sq

Keen Kicks Off Sock Testing Program

Keen Inc. is launching an intensive consumer testing program this summer on the Pacific Crest Trail. Last week, Keen gave more than 130 pairs of Olympus socks to thru-hikers at the PCT kickoff event in Campo, CA…

Keen Drafts PCT Through Hikers to Demo New Sock

Keen Inc. launched a consumer testing program this summer on the Pacific Crest Trail to demonstrate the durability of its Olympus hiking socks, which are constructed to withstand 2,663 miles of the PCT and beyond…

Bikes Belong Awards Green Lane Grants for Five Cities

Bikes Belong’s Green Lane Project has awarded $25,000 grants to five non-profit groups, which will work with their local REI store to show local businesses in their communities how they will benefit from green lanes. The grants were awarded to group

JC Penney Gets $1.75B Loan From Goldman Sachs

J. C. Penney Company, Inc. entered into a commitment letter with Goldman Sachs Bank USA under which Goldman Sachs has committed to provide the company with a five-year $1.75 billion senior secured term loan facility. Chief Financial Officer Ken Hannah sai