SGB Today Footwear

UYN Opens Academy for Research and Engineering

Italy’s Unleash Your Nature (UYN) a Trerè Innovation company, officially opened its 38,000-square-foot Academy for Research and Engineering in Apparel and Sport (AREAS) adjacent to its global headquarters in Asola.

Meindl USA Introduces EuroLight Hunter Boot Collection

Meindl USA, the provider of Meindl’s handcrafted footwear in North America, introduced the EuroLight Hunter collection of men’s and women’s boots for various outdoor pursuits. “Our mission with the EuroLight Hunter line was to design a lightweight boot that is comfortable and reliable enough for customers to use for any style of hunt or outdoor […]

Sportsman’s Warehouse Acquisition Close To Clearing Hurdles

According to a regulatory filing, the statutory waiting period for regulatory approval of Bass Pro’s acquisition of  Sportsman’s Warehouse is scheduled to expire on February 5, 2021, although it may be extended by the Antitrust Division or the FTC.

Belk’s Debt Downgraded Over Missed Interest Payment

S&P Global Ratings lowered the debt ratings of Belk Inc. as the department store chain missed the interest payment due on its second-lien term loan and the scheduled amortization payment due on its first-lien term loan.

Belk Plans Bankruptcy Filing To Restructure Debt

On Tuesday afternoon Belk said it plans to file for Chapter 11 bankruptcy protection to complete a debt-for-equity exchange designed to reduce its debt load by $450 million. Suppliers are expected to be unimpaired.