SGB Footwear

Arkk Copenhagen Secures Funding

Nordic sneaker brand Arkk Copenhagen announced a multi-million-dollar (USD) Series A deal with Copenhagen-based Friheden Invest and North-East Venture.

PacSun Names Alfred Chang President

PacSun announced that Alfred Chang has been named president. Chang was most recently PacSun’s executive vice president of men’s merchandising & design and chief brand officer.

Puma Signs Romelu Lukaku

Puma confirmed that Romelu Lukaku, international football star, has chosen to sign a long-term partnership with Puma Football.

CrossFit Battles Reebok In Court

Taking the company’s high-intensity workout approach to court, CrossFit claims in the company’s lawsuit against Reebok that the company is owed “at least $4.8 billion,” plus potentially more for underpaying marketing obligations and diverting sales to reebok.com to also reduce royalty payouts.

Bearpaw Sees Complementary-Benefits In Flip Flop Shops Buy

In an interview with SGB, Bearpaw’s CEO Tom Romeo said while the acquisition of Flip Flop Shops will bring some “diversity” to Bearpaw’s business and help offset winter seasonality challenges, adding Bearpaw product to Flip Flop Shop locations will likewise reduce summer seasonality issues at the franchisee.

Goat Announces New Chief Operating Officer

Goat, a leading marketplace for authentic sneakers, announced the appointment of Lizzie Francis as the company’s first chief operating officer. Francis will report to CEO and co-founder, Eddy Lu.