SGB Footwear

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

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

Nautilus Goes After Counterfeiters

Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. An Anton Piller order i

Gwen Manto Exits Dick’s SG

Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org

GLOCK Gets Big Boost from Handgun Sales Jump

With the 2009 fiscal year in the books, handgun manufacturer GLOCK, Inc. has announced a 36% increase in pistol sales over 2008 sales. Coming off five consecutive years of sustained growth, the company that focuses exclusively on semi-automatic handguns f

Smith and Wesson, USA Shooting Team Up

Smith & Wesson Corp., said the company will team up with USA Shooting to sponsor training clinics for top junior qualifiers as part of the National Junior Olympic Shooting Championships taking place April 15-20, 2009 in Colorado Springs, CO…

Former Dick’s Sporting Goods RE Exec Fined

The former senior vice president of real estate at Dick's Sporting Goods Inc., Joseph Queri, Jr. on Monday was fined for insider trading stemming from the sporting good chain's acquisition of Galyan's Trading Company, Inc. in 2004…

Broder Bros. Warns of Bankruptcy

Broder Bros. Co. warned that it will have to file for Chapter 11 bankruptcy unless it can exchange $225 million in existing debt for new debt and stock by mid-May. For each $1,000 in old notes paying 11.25 percent and due Oct. 15, 2010, the company said,

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…

Second Largest Mall Operator Lands in Bankruptcy Court

General Growth Properties Inc. filed the biggest real estate bankruptcy in U.S. history last week after amassing $27 billion in debt during an acquisition spree that turned it into the second-largest shopping mall owner in the U.S. The company listed $29.