SGB Footwear

Skullcandy’s New CEO Reports Ugly First Quarter

Skullcandy, Inc.'s reported net sales declined 30.4 percent in the first quarter ended March 31 as it slashed distribution to the off-price retail channel in North America. Gross margins fell 360 basis points to 44.5 percent and SG&A soared to 71.0 p

Louisville Slugger Recalls Fastpitch Softball Bat Line

Louisville Slugger has recalled the entire line of its OneX fastpitch softball bats from the market due to a manufacturing flaw. Hillerich & Bradsby Co., the parent company of the Louisville Slugger brand, warns that the barrel of the bat can break, caus

Gildan Reports Record Quarter On Soaring Margins

Gildan Activewear Inc. announced record results for the second quarter of its fiscal year thanks to significantly lower cotton costs that sent gross margins soaring by more than 1,110 basis points. Net sales increased 8.4 percent $523.0 million on higher

Dick’s SG Appoints CFO

Dick's Sporting Goods, Inc. announced that Andre J. Hawaux will join the company in June, 2013 as EVP, finance, administration and chief financial officer…

Cocona Appoints CEO

Cocona, Inc. promoted Jeff Bowman to chief executive officer (CEO). He replaces outgoing CEO Brad Poorman, who is leaving to pursue other opportunities…

Orvis Agrees to Acquire Two Brands from 3M

The Orvis Company, Inc. entered into a definitive agreement to acquire the Scientific Anglers and Ross Reels businesses from 3M. Both business will continue to operate independently from their existing locations…

K-Swiss Appoints Larry Remington President and CEO

On the heels of the completion of the April 30th merger between E.Land World Limited and K-Swiss Inc., E.Land has named a new global executive team to oversee the newly formed K-Swiss Inc. entity. Effective immediately, the K-Swiss Inc. global executive t