SGB Update Apparel
K-Swiss Cuts Q4 Loss
K-Swiss, which in January entered into an agreement to be acquired by E.Land World, narrowed its net loss in the fourth quarter, to $14.5 million, or 41 cents a share, from $25.2 million, or 71 cents, a year ago. Total worldwide revenues decreased 17.8 pe
Weyco’s Earnings Sharply Improve in Q4
Weyco Group, Inc., the parent of Bogs and Rafters, reported operating earnings increased 39 percent in the fourth quarter as sales grew 5 percent to $78.4 million…
Outdoor Industry Urged to Rally for Jewell Nomination
Outdoor Industry Association called on its members to write their U.S. Senators to support President Obama’s nomination of industry leader and REI CEO Sally Jewell to be the next Secretary of the Interior even as an Alaska senator threatened to bloc
Nike to Invest $50MM to Get Kids Active
Over the next five years, Nike, Inc. will invest $50 million in the U.S. to increase the physical activity of kids in schools and communities as well as target advocacy efforts to inspire kids and draw additional resources to the effort. As part of this
Volcom Launches First Closed-Toe Collection
Volcom announced they will debut their first ever closed-toe footwear collection after twenty-two years. Following the acquisition of the Volcom brand in 2011 by PPR…
Liberty Interative Reports Rising Paid Search, Markdowns Hurt Q4 E-commerce Income
Liberty Interactive Group’s e-commerce businesses, which include controlling interests in Backcountry.com and Bodybuilding.com, reported a big drop in income in the fourth quarter and full year of 2012. Although fourth quarter revenues grew 5 percen
HanesBrands to Highlight Innovation Plan at Investor Day
HanesBrands Inc., the parent of Champion, will highlight its margin-enhancing Innovate-to-Elevate strategy and expected use of free cash flows in 2014 and beyond at the company’s investor day meeting, Thursday, Feb. 28…
SIA Names Retailers and Reps of the Year for 2012
SnowSports Industries America (SIA) honored 13 retailers and 15 regional sales reps from the United States and Canada with 2012 SnowSports Retailer of the Year Awards and 2012 SnowSports Rep of the Year Awards for consistently making a significant impact
Competitive Cyclist Resurrects Made-in-USA Merlin Bike Brand
Competitive Cyclist, online specialty retailer of road and mountain bikes, has relaunched Merlin handcrafted titanium road and mountain bikes after a two-year hiatus…
Flip Flops Founder Launches Healthy Heart Initiative
Following a health scare, Flip Flops Shops President & Co-Founder Brian Curin, 38, is launching “the Heart To Sole: Creating a Stress-Free America” campaign…
Cascade Designs Names North Branch Traders 2012 Rep of the Year
Cascade Designs, Inc. bestowed its 2012 Rep Agency of the Year award on North Branch Traders of Everson, PA…
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
Portland Startup Accelerator Program Accepting Applications
The Portland Development Commission began accepting applications on Feb. 14 for Startup PDX: Challenge, a new initiative to connect startups to all Portland has to offer. Sporting goods startups are encouarged to apply…
Skechers Distribution Center Certified as Largest LEED Gold Building in the U.S.
Skechers USA, Inc. announced that its North American distribution center in Rancho Belago, CA has been officially certified LEED Gold by the U.S. Green Building Council. Designed and built by developer Highland Fairview to the highest environmental standa
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
