SGB Footwear

Town Shoes Gains Equity Investment

Alberta Investment Management Corporation has partnered with Callisto Capital to make an investment that will provide them with a controlling interest in Town Shoes Limited, Canada's leading branded specialty footwear retailer. The founding Simpson

Sports Inc. Adds Five New Dealers

Coming off a record-setting 2011, the Sports, Inc. Athletics Division started 2012 on a positive note by adding five new dealers to the membership. T&T Sporting Goods (Columbia, SC), Cascade Athletic Supply (Medford, OR), and Matty’s Sports (Miami,

RECALL: 10,500 Fuji Saratoga Women’s Cruisers

Advanced Sports Inc. of Philadelphia is working with the U.S. Consumer Product Safety Commission to recall about 10,500 units of the Fuji Saratoga women’s bicycle because the cruiser’s frame can break in the center of the down tube during use

REI Reassigns Two Top Executives

REI shuffled two top executives by naming Angela Owen senior vice president of marketing and replacing her with Lee Fromson in the SVP of merchandising position. REI's sale grew 54 percent in the five years Owen headed buying for the co-ops 122 store

PR Vets Partner, Sign up Two New Clients

What's UP Public Relations and SOAR Communications have partnered to share assets and abilities to best serve new clients, including the new accounts of Scandinavian apparel-maker Bergans of Norway and startup premium sport trailer manufacturer Road

OIA VantagePoint: Slower January Ends Solid Fiscal 2012

Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi

Target Sued Over Toning Shoes

Following litigation against New Balance, Reebok and Skechers over their toning shoes, a plaintiff has filed a class action against Target alleging that the retailer's “TrimStep” footwear was deceptively advertised…

Scott Sports Names Eastern Field Marketing Rep

Scott Sports hired Nathan Sibly for the eastern region field marketing position. Sibly is a 20 year veteran in the Bicycle Business and brings with him an extensive knowledge of the Retail environment and cycling products…

K-Swiss’s Q4 Losses Widen

K-Swiss widened its net loss in the fourth quarter to $25.2 million, 71 cents per share, compared with a net loss of $20.6 million, or 58 cents, per diluted share, for the prior-year period. Total worldwide revenues increased 17.8 percent to $50.2 million

Skechers’ Toning Hangover Continues

Skechers USA, Inc. reported fourth-quarter sales slumped 37.7 percent to $283.2 million. While the decline reflected difficult comparisons against a record fourth quarter 2010 that included higher priced toning footwear, it also reflected lower-than-expec