SGB Footwear

Keen Unveils New Website

The new website connects the Keen community’s passion for the outdoors through a new e-commerce destination that engages fans through rich content and storytelling across its Outdoor, Utility and Kids businesses.

Cabela’s Q1 Benefits From Expense Cuts, Credit Strength

Cabela’s not surprisingly saw earnings and sales decline in the first quarter as a result of an industry-wide downturn in firearms sales following the election of Donald Trump. But expense-containment efforts and healthy results from Cabela’s CLUB Visa program helped the retailer exceed Wall Street estimates.

Adidas Q1 Boosted By North America, China, E-Commerce

Adidas AG reported earnings jumped 30 percent in the first quarter. Results were paced by an 18 percent increase at brand Adidas on a currency-neutral basis as well as a 13 percent increase at the Reebok brand. Combined sales of the Adidas and Reebok brands grew in all market segments except Russia/CIS. Growth was particularly strong in North America (+31 percent), Greater China (+30 percent), Japan (+21 percent) and MEAA (+15 percent).

Bogs Sales Tumble 21 Percent In Q1

On a conference call with analysts, Thomas Florsheim, Jr., Weyco’s chairman and CEO, said Bogs was hurt in the quarter by unseasonably warm weather and a lack of precipitation, as well as the migration to online selling and shifts in discretionary spending away from soft goods purchases.