SGB Footwear

Adidas Rolls Out New Environmental Strategy

The Adidas Group laid out a comprehensive new Environmental Strategy in its 2010 Sustainability Report that gives the company and its suppliers until 2010 to reduce its environmental footprint by 15%…

RECALL: Diving Masks

Undersea Systems International Inc., dba Ocean Technology Systems, of Santa Ana, CA. is recalling 1,700 Guardian full-face diving masks in the United States and 80 in Canada in cooperation with the U.S. Consumer Safety Commission and Health Canada…

Bakers Footwear Q4 Profit Drops

Bakers Footwear Group, Inc. reported sales were $58.2 million in the fourth quarter, an increase of 1.0% from $57.6 million a year ago. Comparable store sales increased 2.6% following an increase of 3.9% in the prior-year period. Net income slid 7.1% to $

McDavid Donates to Relief Efforts in Japan

McDavid USA, through their Japanese subsidiary, will be donating two million yen (approximately $25,000) to the relief efforts in Japan. McDavid Japan, which is a wholly owned subsidiary of McDavid USA, will designate the charity that will receive the don

Orange 21’s Losses Swell in 2010

Orange 21 Inc., the parent of Spy Optic, reported sales increased 2% to $35.0 million for the year ended Dec. 31, 2010 from $34.2 million a year ago. Its net loss in the year widened to $4.6 million from $3.4 million in 2009…

Nike OCF Grants Announced

Nike announced grants totaling $250,000 to 26 local nonprofits and schools through the Nike Employee Grant Fund of The Oregon Community Foundation. The fund, started in May 2010, has provided $500,000 in support..

Skechers Launches Character Licensing Push

Skechers Entertainment, a division of Skechers USA, Inc., is leveraging its original branded content and characters such as Zevo-3 and Twinkle Toes with a comprehensive global licensing campaign….

Finish Line Sees Modest Q4 Profit Gain on 4% Comp Gain

The Finish Line, Inc. reported fourth-quarter sales increased 2.7% to $384.6 million from $374.5 million a year ago. Comps increased 4.0% on top of an increase of 10.0% for the same period a year ago. Excluding special items, earnings from continuing oper

Burton Snowboards Secures New Distributor in Korea

Burton Snowboards announced that LG Fashion will officially become Burton's new distributor in Korea. In addition, the two companies have signed a licensing agreement that allows LG Fashion to design and distribute lifestyle streetwear in Korea under

Puma Uncertain of Japan’s Impact

Puma gains 10% of its sales from Japan, making it its second-largest market outside the U.S. But officials indicated that it's too soon to quantify the economic impact of the earthquake and tsunami that hit the nation. Puma Chief Executive Jochen Zei