SGB Footwear

Under Armour Inks NBA Combine Deal

Under Armour and the National Basketball Association (NBA) inked a multi-year global partnership that makes Under Armour the title partner of the NBA Draft Combine and presenting partner of the Jr. NBA…

Adidas Gains Momentum in Q2, Eyes Sales of Golf Brands

Adidas Group has hired an investment bank to consider options for its flagging TaylorMade-adidas Golf business, where a 26 percent sales decline in the second quarter weighed on otherwise encouraging results. Adidas reported currency-neutral sales increas

Inov-8 Acquired by Descente Ltd.

Descente Ltd of Japan has acquired control of Inoveight Holdings Ltd (Inov-8) from the private equity firm Livingbridge. Financial terms were not disclosed…

Gordon Seabury’s Top Ten List

On Aug. 4, Gordon Seabury, CEO of Toad & Co., became the next OIA board chairman, replacing Jennifer Mull, Backwoods CEO. On Aug. 5, he delivered his first speech in his new role at the Industry Breakfast at ORSM15, basically detailing why the industry ro

Fitbit Crushes 2015 Q2 Earnings Expectations

Fitbit Inc., in its first report since going public, reported earnings and sales that blew past Wall Street expectations. Profits adjusted for expenses tied to the IPO rose 179.7 percent to $51.3 million, or 21 cents a share, from $18.3 million, or 9 cent

Bogs Q2 Sales Jump 18 Percent

Weyco Group Inc. reported sales of its Bogs footwear brand increased 18 percent in the second quarter ended June 30, to $5.2 million. The gains reflected a broadening of the brand's product line beyond boots, including expanding in women’s and