SGB Footwear

Nautilus to Expand Facilities in Virginia

Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir

ARP to Take Sales Inside in Reorganization

American Recreation Products will replace dozens of outside reps with an in-house sales force in 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the company that

TaylorMade Cuts 170 jobs After Ashworth Acquisition

TaylorMade-Adidas Golf is cutting 170 jobs, or about 12% of its local work force, as it integrates its new Ashworth acquisition. TaylorMade acquired Ashworth Inc., also based Carlsbad, CA, for $73 million on Nov. 21. According to the North County Times in

Puma to Sponsor Women’s Pro Soccer League

Puma signed a deal to sponsor the Women's Pro Soccer League, which is being launched in April. The three-year deal calls for Puma to pay roughly $10 million to become the official equipment supplier to WPS. Puma will have its name and logo on the lea

PIA Names Canoe Kentucky Founder as CEO

Canoe Kentucky founder and co-owner Ed Councill has been named as CEO of the Paddlesports Industry Association (PIA) — a trade group representing canoe, kayak and raft manufacturers, retailers, outfitters and instructor programs across the US. Councill r

Schutt Responds to Patent Infringement Allegations

"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin

OIA: Pace of Outdoor Sales Growth Continued in October

According to the Outdoor Industry Association (OIA) Outdoor Topline Report, October retail sales rose 8% in dollars compared to October 2007. All four major product categories – equipment, equipment accessories, apparel and footwear – grew in October…

G-III Lowers Guidance on Expected Discounting

G-III Apparel Group, Ltd. said net sales for the third quarter increased 29.6% to $351.6 million from $271.2 million in the comp quarter last year. Net income for the three months was $28.8 million, or $1.68 per diluted share, compared to $23.8 million, o

Kohl’s Grabs Mervyns Locations

Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held last week for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For

Pacific Sunwear Apparel Grows as Footwear is Eliminated

Pacific Sunwear VP of Investor Relations Gar Jackson clarified the circumstances surrounding Division President Thomas M. Kennedy’s recent resignation during the Pacific Sunwear presentation at the Wedbush Morgan Securities California Dreamin’ Management