SGB Footwear

Jimmy Choo Sold to Bally’s Owner

Labelux, which owns Swiss shoe brand Bally, agreed to buy upscale shoemaker Jimmy Choo. Financial details weren't disclosed, but earlier reports suggested Jimmy Choo was valued at £400 million to £550 million ($650 million to $895 million)…

ANSGear.com Buys Action Village

ANSgear announced that it has acquired ActionVillage.com. Reports last week indicated that the paintball and action sports e-commerce site had shut down and was being auctioned off in order to pay creditors. The purchase price was not disclosed…

Report: Academy Sports + Outdoors on Selling Block

Academy Sports + Outdoors is up for sale, according to a report in The Financial Times. Mergermarket.com, a news service covering the M&A market and owned by The Financial Times, first reported the news. Goldman Sachs has been hired to handle the sale, on

Phiten to Launch Socks Line

Phiten, the maker of the titanium necklace accessories, has partnered with Hickory Brands to introduce a performance line of socks and insoles…

Above The Rim Extends Grant Program to Harlem

Above the Rim, which is owned by Collective Brands, said Hoops By the River, Inc. (HBTR) in Harlem was named the fourth non-profit to receive funds through the A.T.R. Project (Assisting The Rise), the brand's community-based youth development grant p

Keen Expands U.S. Production

Keen said it now expects to build 13 footwear styles in its new plant in Portland, OR in coming years. With one production line up and running, the facility currently employs about 15 people, a number that will grow when the second production line revs up

Athleta to Open in SoCal and NYC

Gap Inc. will open its first Athleta stores in Southern California. The two locations will open in Southland this fall, at the Grove shopping center in L.A.'s Fairfax district and at Fashion Island in Newport Beach. Two New York stores are also slate

PPR: No Rush for Acquisitions, Asset Sales

PPR, the parent of Puma, said it will take its time in deciding whether to buy and sell assets, with the focus being on creating value for the company. It recently reached an agreement to acquire skate and surf apparel group Volcom…

Puma Takes Over Puma Bodywear and Socks Company Dobotex

Puma will acquire 100 percent of its Dutch licensee Dobotex, which develops, produces and distributes Puma socks and bodywear. Puma currently holds 50.1 percent of Dobotex' shares and will acquire the remaining stake on the 1st of January 2012…

Fila Korea Acquires Acushnet Co.

Fortune Brands, Inc. announced a definitive agreement for the sale of its Acushnet Company golf business, featuring the Titleist and FootJoy brands, to a group led by Fila Korea Ltd., the owner of the Fila brand globally, and Mirae Asset Private Equity, t

Uncle Josh Buys Beaver Dam Tip-Ups

Uncle Josh Bait Company has announced the acquisition of Arctic Fisherman LLC, which manufactures the Beaver Dam tip-up. The company said Beaver Dam brand tip-ups are widely regarded as the highest quality tip-ups on the market today…