SGB Footwear

Balega Revamps Website

With new digital tools and resources, the new site helps tell the colorful Balega brand story, raises awareness about the work that Balega is doing in communities, and enhances the consumer’s shopping experience.

Five More Senior Managers Exit Nike

Five more senior managers at Nike Inc., Steve Lesnard, Helen Kim, Simon Pestridge, Tommy Kain and Ibrahem Hasan, have left the company, according to a report in the New York Times. The exits follow an internal investigation into workplace behavior that has led to several other executive departures.

Crocs’ Branding Campaign Paying Dividends

Crocs Inc.’s “Come As You Are” branding campaign is paying off for the company in measurable and impressive ways. Crocs reported first-quarter earnings of $12.5 million, up 73.6 percent, as sales of $283.1 million improved 5.7 percent while operating expenses declined.

Crocs’ Q1 Earnings Soar

Crocs Inc. reported earnings rose 73.6 percent in the first quarter as sales improved 5.7 percent and operating expenses were reduced. Results topped Wall Street’s targets.

Iconix Finds Starter, Umbro Resets Gaining Traction

Iconix Brand Group Inc. reported net earnings again eroded in the first quarter on a 17 percent revenue decline. But results were in line with expectations and Iconix’s management said they’re making progress realigning the company’s brand relationships, including Umbro’s with Target and Starter’s with Amazon.

Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team

Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.

Dick’s Sporting Goods To Open Four New Stores In May

Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).

Iconix’s Q1 Profits Sink

Iconix Brand Group Inc. reported net earnings on an adjusted basis fell 54 percent in the first quarter on a 17 percent revenue decline. Results were in line with expectations.