SGB Sports & Fitness

Finish Line Lowers FY Guidance on Q3 Shortfall

The Finish Line, Inc. lowered its guidance for the year as margin pressure led it to miss third-quarter earnings forecasts. Excluding non-recurring items, the company showed a loss of 2 cents a share in the quarter ended Nov. 29, far short of Wall Street&

Asics Opens Times Square Store

Asics America has opened the doors on its newest retail store in the heart of Times Square. Located on 42nd Street between 6th and 7th Avenue, the Times Square location, with more than 4,000 square feet, is the second Asics storefront in New York City as

Agency for Mako Group Hires New Manager

LoBo & Petrocine, the Long Island advertising agency for The Mako Group, an international firearms accessory distributor, has hired Mark Schindel as account manager/supervisor, overseeing the Mako business…

Brown Shoe Amends Credit Agreement

Brown Shoe Company entered into an amended and restated credit agreement, which extends its senior secured asset-based revolving credit facility to December 2019…

Travel and Tourism Spending Decelerated in Q3

Real spending on travel and tourism decelerated in the third quarter of 2014, increasing at an annual rate of 1.3 percent after increasing 3.3 percent (revised) in the second quarter. Real gross domestic product (GDP) also decelerated, increasing 3.9 perc

Osmo Nutrition Names Will Garratt as CEO

Osmo Nutrition, the maker of hydration products, hired Will Garratt as its chief executive officer. He will work closely with Founder Dr. Stacy Sims, to enhance and accelerate product development efforts…

Crocs Appoints Gregg Ribatt CEO

Crocs, Inc. named veteran footwear and apparel industry executive Gregg Ribatt as its chief executive officer. Ribatt, who served as president and CEO of Collective Brands Performance & Lifestyle Group, will join Crocs in January…

Brown Shoe Co. Announces Sale of Shoes.com

Brown Shoe Company has sold Shoes.com to SHOEme, the parent of OnlineShoes.com and SHOEme.ca. Brown Shoe expects the sale to result in a gain in the fourth quarter of 2014, which will be considered a non-GAAP adjustment…