SGB Sports & Fitness

K-Swiss Shrinks Q4 Loss

K•Swiss Inc., which in January entered into an agreement to be acquired by E.Land World, reported a net loss of $14.5 million, or 41 cents a share, in the fourth quarter, versus a loss of $25.2 million, or 71 cents, a year ago. For the fourth quarter of 2

Singletrack High Documentary Begins National Tour

A documentary showcasing the extraordinarily positive impacts of the high school cycling movement is about to begin a nationwide tour of the USA. Taking a close look at the National Interscholastic Cycling Association’s (NICA) NorCal High School Cyc

Costa and Native Eyewear Set Fourth Quarter Records

A.T. Cross Company reported its Cross Optical Group (COG), which owns the Costa and Native eyewear brands, generated record results in the fourth quarter, exceeding its own guidance. COG revenue grew 27 percent to reach $16.3 million in the fourth quarte

Nordstrom’s Q4 Earnings Up Sharply

Nordstrom, Inc. reported a 26 percent increase in earnings per diluted share of $1.40 for the fourth quarter ended Feb. 2, 2013 compared to $1.11 per diluted share for the same quarter last year. Net sales in the fourth quarter were $3.6 billion, an incre

Foot Locker to Ramp Up Capital Spending in 2013

Foot Locker, Inc. announced that its the board of directors approved a $220 million capital expenditure program for 2013, a significant increase over the approximately $163 million spent in 2012. The company plans to invest in its many growth opportunitie

Oscar Pistorius Loses Ad Deals With Nike, Oakley

Nike Inc. confirmed that it had no plans to use Olympic athlete Oscar Pistorius, the South African sports star was charged with murder in the shooting death of his girlfriend, in future campaigns. Oakley also suspended its contract with Pistorius…