SGB Footwear

College Basketball Scandal Spreads To Kansas And NC State

Kansas and North Carolina State have joined Louisville and Miami (Fla.) in the FBI’s ongoing probe into corruption in college basketball as federal prosecutors in New York added additional criminal counts to the indictment of former Adidas executive Jim Gatto.

Zumiez’s March Comps Climb 12.6 Percent

Zumiez Inc. announced, that total net sales for the five-week period ended April 7, 2018 increased 14.7 percent to $82.3 million, compared to $71.7 million for the five-week period ended April 1, 2017.

Adidas And Vans Winning With Teens

Adidas, Vans, Supreme, Champion and Lululemon all saw a strong uptick in mindshare among teens in Piper Jaffray’s 35th semi-annual Taking Stock With Teens survey. Nike, Converse and Under Armour all lost ground.

University Of Washington Switches From Nike To Adidas

University of Washington athletic officials announced plans for a 10-year agreement to make Adidas the official athletic footwear and apparel partner of the Huskies through June of 2029. The university had been wearing Nike for 20 years.

Nike Continues Tech-Buying Binge

The acquisition of Invertex promises to move Nike further down the road of being able to offer more personalization and customization to consumers while addressing the complexities of finding the correct shoe size online.