SGB Footwear

Bearpaw Responds to Ugg Lawsuit

Bearpaw responded to Decker Outdoors' lawsuit charging the brand with copying the designs of its Ugg brand. Bearpaw said the suit has only come about due to the “momentum” the company is experiencing in the marketplace and defended the craftsmanship

RECALL: Giant Anthem X 29ers

Giant Bicycle Inc. of Newbury Park, CA. has recalled about 370 Giant Anthem X 29ers because their frames can crack at the junction of the seat post and top tube, according to the U.S. Consumer Product Safety Commission…

Fortune Brands May Spin Off/Sell Golf Unit

Fortune Brands may cooperate with activist shareholder William Ackman's plea to split up the company's three business units, people familiar with the matter told the Wall Street Journal. That would include a possible sale or spin off of Acushnet

Nordstrom’s Q3 Profits Soar on 6% Comp Gain

Nordstrom, Inc. reported earnings jumped 42.6% in the third quarter, to $119 million, or 53 cents per diluted share, from $83 million, or 38 cents, for the same quarter last year. Third quarter same-store sales increased 5.8% compared with the same period

Adidas Group Builds New Road for Growth

The Adidas Group launched an ambitious five-year program, entitled “Route 2015,” with a goal of expanding revenues by 45% to 50% over the next five years. At the same time, management unveiled a new U.S. growth program, “Generation U.S. 2015,” for the Adi

Broder Bros. Swings to Q3 Profit

Broder Bros. reported that sales for the fiscal third quarter ended Sept. 25 increased 9.2% to $210.7 million from $193.0 million a year ago. Net income was $6.0 million compared to a net loss of $1.4 million for Q3 2009…

Container Traffic May Reflect Positive View

The National Retail Federation said import cargo volume at the nation's major retail container ports remains on track for a 14.6% increase over 2009 as retailers restock their shelves and increase inventories to cater to a more confident consumer…

Chinese Textile Cotton Prices Doubling

Chinese textile companies were quoting price increases of as much as 30% at the massive Canton Trade Fair, telling customers that a global cotton shortage and persistent labor shortages were driving up costs, according to several reports…