SGB Footwear

Cherokee Cuts Guidance, Eyes Growth In 2018

Henry Stupp, CEO, said the company’s acquisition of Hi-Tec has been “undoubtedly more costly and time-intensive than we originally forecasted.” The flagship Cherokee’s brand transition away from Target is taking longer than expected while Tony Hawk’s revenues are being impacted by weakness in Canada.

OBIT: Bruce Fendell

Bruce Fendell, an industry veteran who had worked for WSS, Fila, Adidas and numerous other firms, passed away on December 5 after a battle with lung cancer.

Jim Calhoun Joins Hologenix

Hologenix LLC, the maker of Celliant mineral-based textile technology, announced the appointment of Jim Calhoun, most recently president of Converse, as chief executive officer.

K-Swiss Appoints Canadian Distributor

K-Swiss Inc., the namesake brand of KSwiss Global Brands (KSGB), a division of E-Land, announced an exclusive footwear distribution agreement with the Mint Green Group (MGG), a leading Canadian sportslifestyle distributor

Genesco’s James Estepa To Retire

Genesco Inc. said that James C. Estepa, chief executive officer of The Journeys Group and a senior vice president of Genesco, has announced his intention to retire from his current position effective February 1, 2018.