SGB Footwear

Sports Direct Pledges to Pay Minimum Wage in 2016

Sports Direct International plc pledged to pay its directly employed UK employees and directly engaged casual workers above the National Minimum Wage starting Jan. 1, 2016. The U.K.’s largest sporting goods retailer estimated the cost in relation to these direct employees and casual workers and other related costs and knock on costs are likely to […]

Intersport Austria Reports Fiscal 2015 Sales

Intersport Austria, which provides buying, marketing, supply chain and other services to all Intersport branded stores operating in Austria, Slovakia, the Czech Republic and Hungary, reported sales increased 6.5 percent in the fiscal year ended Sept. 30,

Keen Announces Keen Effect Grants

Keen unveiled the final seven fall 2015 grant recipients as part of its Keen Effect fan-activated grants program. Each receive $10,000 to inspire people to get outside…

Foot Locker’s Q3 Tops Street Estimates

Foot Locker Inc. reported that excluding a special charge related to litigation, earnings climbed 17 percent in the third quarter to $141 million, or 20 cents a share. Results exceeded Wall Street's consensus estimate of 94 cents a share. Comparable-

Hibbett Sports Ups Guidance on Q3 Results

Hibbett Sports Inc. reported net sales increased 4.6 percent to $228.3 million in the third quarter ended Oct. 31 on a 0.6 percent increase in comparable store sales that prompted it to up its guidance for fiscal 2016…

Sports 2000 Buying Group Expands Reach in Italy

Sport Alliance International, which buys for 265 stores in Italy, has become the newest member of Sport 2000 International GmbH, which is Europe's second largest purchasing cooperative of independent sports dealers…

Foot Locker Finds No Weather Woes

Led by running lifestyle silhouettes, Foot Locker Inc. reported that excluding a special charge related to litigation, earnings jumped 17 percent in the third quarter to $141 million, or 20 cents a share. Results easily exceeded Wall Street's consens