SGB Footwear

Bikes for Kids Utah Partners with Cycle Force Group

November 19, 2009 SGB Update

Bikes for Kids Utah, a non-profit 501(C)3 organization, will purchase 1,000 Bikes for Kids Utah-branded bicycles from Ames, Iowa-based Cycle Force Group. The non-profit will give the bikes to underprivileged Utah children during the its fifth annual bicyc

Zumiez Q3 Sales Inch Up 0.8%; Comps Fall 8.0%

November 19, 2009 SGB Update

Zumiez Inc. reported total net sales for the third quarter ended Oct. 31, 2009 increased 0.8% to $113.2 million from $112.2 million in the third quarter ended Nov. 1, 2008. The company posted net income for the quarter of $5.1 million or 17 cents per dilu

Adidas to Make Euro 1 Sneakers

November 18, 2009 SGB Update

Adidas has reached an agreement to make €1 sneakers for millions of people around the world who cannot afford to buy shoes, with pilot production to begin next year in Bangladesh. The move, according to the Daily Telegraph, was inspired by Banglades

Phoenix Footwear’s Q3 Revenues Slide 32%

November 17, 2009 SGB Update

Phoenix Footwear Group, Inc. reported a net profit of $60,000, or 1 cent a share, in the third quarter compared with a a net loss of $2.1 million, or 26 cents a share, for the third quarter of fiscal 2008…

Jackson Kayak Names VP of Sales

November 17, 2009 SGB Update

Jackson Kayak recently promoted Marty Cronin to vice president of sales for both the whitewater and recreation/touring divisions. Cronin, who has been with the company since its inception, formerly held the post of vice president of sales and marketing of

Accell Group Expects Higher Turnover and Profit

November 17, 2009 SGB Update

European bicycle maker Accell Group reiterated that it expects a higher turnover and an increase in net profit of around 10% compared to 2008. Still the company said fitness sales were down, in part because distributors could not obtain financing to buy i

James Curcuruto Joins NSSF as Dir. of Industry Research and Analysis

November 17, 2009 SGB Update

The National Shooting Sports Foundation (NSSF) has appointed James Curcuruto as director, industry research and analysis. The association saifd Curcuruto brings more than 15 years experience in the research, analysis, sales, marketing and advertising fiel

Powdr Corp. Agrees to Buy Copper Mountain

November 17, 2009 SGB Update

Intrawest and Powdr Corp announced they have entered into a definitive purchase agreement to sell Intrawest’s interests in Copper Mountain to Powdr Corp. The transaction is anticipated to close in December 2009 and is subject to the issuance of a U

Famous Footwear’s Joe Wood to Retire, Brown Shoe Hikes Q3 Guidance

November 17, 2009 SGB Update

Brown Shoe Company, Inc. announced that division President-Retail Joe Wood plans to retire in 2010. Rick Ausick will assume the role of Division President-Famous Footwear. Brown Shoe also said it expects third quarter earnings to increase over year-ago le