SGB Footwear

EU Court Rules Adidas May Defend Its Three-Stripes Design

A European court has ruled for Adidas an infringement case against a Belgian footwear company. Adidas had been seeking to block two trademarks for parallel stripes on shoes filed by a Belgian firm, Shoe Branding Europe, saying it infringed on Adidas’ iconic three-stripe design.

Saucony Celebrates 120th Anniversary

Saucony will mark its 120th anniversary with a series of events and celebrations in 2018, beginning with the launch of the Shadow 5000 EVR, an advanced interpretation of the brand’s iconic Shadow 5000, one of the most sought-after silhouettes of the 1980s.

Trump Administration Puts Focus On Team Sports

In a move to place a greater focus on team sports, the Trump administration has revised the title of the “President’s Council on Fitness, Sports, and Nutrition,” to the “President’s Council on Sports, Fitness, and Nutrition” and announced plans to increase emphasis on youth sports participation.

CODI’s Q4 Earnings Climb

Compass Diversified Holdings, the owner of Crosman, 5.11, Liberty Safe and other middle-market brands, reported a sharp gain in earnings in the fourth quarter ended December 31 due to a tax benefit. Cash flow from operations improved slightly.

Hylete Announces Reg A+ Offering

Hylete Inc., a direct-to-community brand targeted at the lifestyle of functional fitness, has announced its offering of up to $6.25 million qualified by the SEC under Tier II of Regulation A+.

Golf Rounds Slide In January

According to Golf Datatech, golf rounds played were down 5.4 percent in January with the Eastern part of the country particularly impacted by weather. 

Gander Outdoors Openings Off To Heathy Start

Camping World said the opening of its first Gander Outdoors locations are off to a good start. Officials also estimated that its overall Outdoor and Active Sports business segment – also including Overton’s, TheHouse.com, Uncle Dan’s, W82, and Erehwon – will bring in $400 million in revenue in 2018.

Big 5’s Q4 Blasted By Warm Winter Out West

Said CEO Steve Miller on a conference call with analysts. “While much of the country has endured often extreme winter weather conditions over the past few months our western U.S. markets have experienced significantly warmer than normal weather and one of the driest periods on record.”