SGB Footwear

Zumiez Shareholder Litigation Dismissed

Zumiez Inc. said that shareholder litigation involving Zumiez and its officers and directors has been dismissed. The Court issued its ruling on March 30, 2009 without oral argument, dismissing the case with prejudice. Following this ruling, a related shar

Winchester Parents Reports Overall, Segment Results for Q1

Olin Corporation reported its first quarter 2009 net income was $46.7 million, or 60 cents per diluted share, which compares to $37.3 million, or 50 cents per diluted share in the first quarter of 2008. Sales in the first quarter of 2009 were $400.6 milli

Adams Golf CFO to Exit; Company Names Interim

Adams Golf is reporting that Chief Financial Officer Eric Logan has resigned from the company, effective April 30, 2009. He is leaving to become Chief Financial Officer of Evergreen Alliance Golf Limited, L.P., which owns and manages approximately 80 golf

Accell Group Reports Increased Bicycle Sales in 2009

Accell Group N.V. said its turnover and profit in the first months of 2009 increased, compared with the same period of 2008. After a long winter, mid-March saw a good start in bicycle sales. In addition to increased bicycle sales, Accell Group also noted

AAFA Joins Call for Trade Reform

The American Apparel & Footwear Association (AAFA) joined a broad coalition of business organizations and non-governmental organizations (NGOs) to encourage Congress and the Obama Administration to undertake a wholesale reform of U.S. trade preference pro

Steve Madden Raises Full Year 2009 Guidance

Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents

Hat World Paid $6.4 Million for Team Dealer

Hat World acquired the assets of Impact Sports, a dealer of branded athletic and team products for college and high school teams, for a purchase price of $5.1 million plus assumed debt of $1.3 million funded from borrowings under the credit facility, acco

Nfinity Names Cheer Manager

Nfinity named James Kersey to the position of Cheerleading Brand Manager. James worked for the event company Spirit Cheer since the organization’s inception where he oversaw production, marketing and staffing. In his new position, Kersey will be responsib

Sport Footwear Sales Inch Up in March

Given the shift of Easter from March to April this year, the slight increase in March sales for Sport Footwear was seen as a positive development for the market even as growth slowed from the stronger February rate…