SGB Footwear

Senate Bill Authorizes Fed to Set Debit Swipe Fees

The National Retail Federation lauded Senate approval of an amendment to financial services reform legislation that would direct the Federal Reserve to determine 'reasonable and proportional' transaction fees for debit cards…

RECALL: Niner Bikes

About 750 Niner Bikes are being recalled. A welding deficiency can cause the bicycle frames to crack along the welds of the front triangle of the bicycle. This can cause the rider to lose control and crash…

ASA Urges Industry Action on Oil Spill

While the nation continues to focus on the efforts to contain the oil leak in the Gulf of Mexico, the American Sportfishing Association (ASA), the trade association representing the sportfishing industry, is working to ensure that recreational fishing bus

The Athlete’s Foot to be Sold to PE Firm

NexCen Brands, Inc. entered into an agreement to sell its franchise business, including The Athlete's Foot, to an affiliate of Levine Leichtman Capital Partners, an independent investment firm with franchise management experience. The purchase price

SGMA and NSGA Pledge Closer Cooperation

The Sporting Goods Manufacturers Association (SGMA) and the National Sporting Goods Association (NSGA) are having substantive discussions about working together on projects and initiatives that will benefit the membership of both organizations…

Annual NRA Convention Set to Kick Off in Charlotte, NC

According to the the National Rifle Association, this year’s Annual Meetings and Exhibits, which kicks of Friday and will go until Sunday at Time Warner Cable Arena in Charlotte, NC, will have an estimated 70,000 attendees, putting this on target to

Nordstrom’s Profits Soar in Q1

Nordstrom, Inc.'s earnings climb 43.8% in the first quarter to $116 million, or 52 cents per diluted share, from $81 million, or 37 cents per diluted share, for the same quarter last year. First quarter same-store sales increased 12.0% compared with

Kohl’s Profit Jumps 45%

Kohl's Inc. reported a first-quarter profit of $199 million, or 64 cents a share, up from $137 million, or 45 cents, a year earlier. Revenue rose 11% to $4.04 billion from $3.64 billion last year…

RECALL: Rome Snowboards Bindings

About 2,900 boot bindings from Rome Snowboards are being recalled due to a fall hazard. The base plate on the bindings can break at cold temperatures, creating a risk to the snowboarder, the U.S. Consumer Product Safety Commission said in a statement…