SGB Footwear

Former Louisville Recruit Brian Bowen Sues Adidas

A law firm filed a federal suit on behalf of Brian Bowen, former Louisville and South Carolina basketball recruit, against Adidas, alleging “violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act.”

Nike Inc. Appoints John Rogers To Board

Nike Inc. announced John W. Rogers, Jr. has been appointed to the company’s board of directors. Rogers, 60, is founder, chairman, CEO and chief investment officer of Ariel Investments LLC.

The North Face Announces Giving Back Initiatives

As the temperatures drop across the U.S., The North Face is ramping up how it gives back to its community of explorers in two major ways—the Explore Fund and a $250,000 Move Mountains grant created in memory of a long-time leader at The North Face, Ann Krcik.

Recovery The Theme At NYC Marathon Expo

Products supporting recovery for runners dominated many of the offerings at the recent NYC Marathon Expo but an overall message of recovery for the industry was also heard from attending exhibitors. Said Luke Rowe, SVP at CEP, “The bottom was hit and they’re bouncing back.”

Converse Signs Washington Wizards Forward

Converse has signed Kelly Oubre Jr., forward for the Washington Wizards, to a multi-year footwear and apparel endorsement deal. Oubre is expected to wear Nike footwear on court and Converse footwear and apparel casually.

Shoe Carnival Blasts Past EPS Targets On Robust BTS Selling

Shoe Carnival Inc. significantly raised its earnings guidance for the year after reporting third-quarter results beat plan due to robust back-to-school selling and fatter margins. Same-store sales expanded 4.5 percent with a mid-single-digit increase in both women’s and men’s non-athletic and a low single-digits in adult athletics.

Aisle Talk Week of November 12

Top headlines from the active lifestyle industry you may have missed this week, including Tony Hawk announcing the launch of D/CAL, a hybrid brand consultancy and creative agency, with Adam Wilson, Jared Prindle and Ryan Maconochie.

MLB To Loosen Color Restrictions On Cleats For 2019

Major League Baseball along with the Major League Baseball Players Association (MLBPA), announced that a new mutual agreement is in place that will provide players “increased flexibility” with respect to the colors and design of their on-field footwear.

The North Face Opens Lifestyle Concept Store In Williamsburg

The North Face on Friday opened a first of its kind retail experience, The North Face Prototype, in the Williamsburg neighborhood of Brooklyn, NY. This space represents the next phase in the brand’s retail offering with a focus on on a curated customer experience and expansion of its lifestyle business to support explorers on the mountain or in the city.