SGB Footwear

Big 5’s Earnings Surge In Q4

Big 5 Sporting Goods reported earnings in the fourth quarter surged 80 percent, thanks to improved merchandising margins and a 3.1 percent gain in same-store sales while forecasting a profit turnaround for the first quarter.

Adidas Appoints U.S. Soccer Marketing Chief

Aaron Maines, formerly at the sports agency Wasserman, will oversee its U.S. soccer sports marketing business, including the brand’s partnerships with Major League Soccer, Major League Soccer clubs and pro athletes.

Berkshire Hathaway’s Apparel And Footwear Brands Slip In 2016

Berkshire Hathaway reported its revenues among its apparel and footwear brands, which includes Russell Athletic and Brooks, declined $81 million, or 1.9 percent, in 2016, according to its just-released 10K filing. The decline reflected lower footwear sales and the impact of a divestiture by Fruit of the Loom in 2015.