SGB Footwear

April Retail Sales Dip on Earlier Easter, Spring

April retail sales (excluding automobile, gas stations and restaurants) decreased 0.1 percent seasonally adjusted from March and increased 2.8 percent unadjusted year-over-year, according to estimates released by the government Tuesday. The results indica

Keen Initiates First Recess Pilot Program

Keen, Inc. has launched its first Recess Pilot Program to help small businesses jumpstart Recess to support their wellness goals and provide a forum for sharing the Recess experience. As part of this pilot, Keen will provide technical support to small bu

International Tourism Up Strongly as Summer Approaches

International visitors spent an estimated $13.7 billion on travel to, and tourism-related activities within, the United States during the month of March — an increase of more than $1.5 billion, or 13 percent, from March 2011, the U.S. Department of Commer

On Appoints Puma Vet to Head NA Sales

On, the shoe company based in Zurich, Switzerland, has named running industry veteran Ted Goodlake to the position of national director of sales, North America. Goodlake comes to On from Puma, North America, where he held the position of national sales m

OIA Rolls Out May Schedule for Outdoor University Sessions

Outdoor Industry Association unveiled its May schedule for for Outdoor University workshops and online sessions, which break down complex challenges and issues specific to outdoor industry businesses. Topics include social media tactics, resale price main

Golf Town to Acquire Golfsmith

Golf Town, based in Toronto, reached an agreement to acquire Golfsmith International Holdings Inc. for about $96.5 million. Upon the closing of the transaction, Martin Hanaka will assume the role of CEO of the combined company. The transaction will result

Nike Extends Asian Soccer Sponsorship

The Asian Football Confederation (AFC) has extended its commercial partnership with sportswear behemoth Nike. Nike has worked with Asian soccer’s governing body since 2005…

Geox Lowers Outlook After Weak Q1

Geox SpA reported lower sales and profits in the first quarter and predicted sales to slide in the year due to weakness in Europe. Profit in the quarter slipped 4.3 percent to €43.4 million ($56.3 mm). Revenues gave back 4.5 percent to €330 mi

Dorel Recreational/Leisure Segment Posts Record Q1 Results

Dorel Industries Inc. said its Recreational/Leisure segment posted record first quarter results thanks particularly to continued strong sales of the Cannondale, GT and Mongoose brands to European IBDs. Operating profits also set a six-year record thanks i

DOJ Seizes $1.5MM in Counterfeit Proceeds

The Department of Justice has seized more than $1.5 million in proceeds from the distribution of counterfeit sports apparel and jerseys via websites traced back to Chinese operators. The funds were seized from interbank accounts and six money service busi