SGB Footwear

VF Still Eyes Outsized Growth in China

Driven by growth from its five largest brands in the region – Timberland, Lee, The North Face, Vans and Kipling, VF Corp. expects to reach $2 billion in sales in the Asia Pacific (APAC) region by 2017. The target represents an annual growth rate of 17 per

Nike Vows to Improve Profitability

At Nike’s shareholder meeting held at its Beaverton headquarters, CEO Mark Parker spent much of his presentation detailing how the company’s commitment to innovation, connections with athletes, and inspiring stories helped drive the company&#8

Nike Approves $8 Billion Stock Buyback

Nike, Inc. announced that its board of directors has approved a new four-year, $8 billion program to repurchase shares of Nike’s class B common stock. The company’s current $5 billion share repurchase program will be completed during the secon

IBM Reports Social and Mobile Sales Continue to Gain Share

IBM reported that shopper referrals to retailer sites from social networks generated 1.6 percent of sales on such sites in July, an increase of 25.1 percent over last year. This trend continued in August reaching 1.8 percent, an increase of 69.7 percent.

LaCrosse Footwear Reveals New Campaign

LaCrosse Footwear unveiled its 2012 marketing campaign, entitled Revolutionary Footwear. The campaign launches with an all-new LaCrosse website and social media platform…

Timberland Plots Aggressive Expansion in China

According to China Daily, Timberland plans to open 40 to 50 stores in China annually over the next five years while upgrading and expanding some of its existing stores. After launching in the Chinese mainland six years ago, Timberland now has 150 outlets