SGB Footwear

SGB Q&A: Casey Sheahan, CEO, Simms Fishing Products

The former CEO of Patagonia and president of Keen talks about his passion for the sport of fishing, a wide array of growth opportunities he plans to pursue at Simms, and his commitment to conservation and driving more people to the sport of fishing.

Cowen Downgrades Finish Line On “Skyrocketing” Promotions

Cowen & Co. lowered its rating on The Finish Line to “underperform” from “market perform” due to signs of “skyrocketing” promotions at the retailer. The investment firm also found that Finish Line was continuing to undercut prices of Nike and Adidas online, posing a risk it may see less access to those key brands in the future.

Cherokee Amends Credit Facility

Cherokee Global Brands announced the amendment, subject to the satisfaction of certain conditions, of its senior secured credit facility to resolve a non-compliance situation with its financial covenants.

Acushnet Shareholder To Sell Shares

Acushnet Holdings Corp announced the commencement of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd.