SGB Update Footwear

ShopperTrak Lowers Holiday Sales Forecast

ShopperTrak lowered its holiday sales forecast to 2.5 percent over last year — down from the 3.3 percent increase it projected in September. The firm cited heavy discounting and the impact of Hurricane Sandy…

Azumio Debuts Fitness Trainer App

Azumio, a developer of mobile health applications with more than 30 million downloads to date, announced the launch of Azumio Fitness Trainer. Available in the AppStore for iPhone and iPad for $2.99, the app contains seven body-specific workouts, covering

Gildan to Open Plant in Salisbury, SC

Gildan Activewear plans to build a new yarn-spinning facility in Salisbury, SC. The opening is expected bring up to 170 jobs and more than $50 million in investments to the area, state officials said Wednesday…

Billabong Receives Fresh Takeover Bid from Naude, Sycamore

Billabong said a consortium led by Paul Naude, a board director and former head of Billabong’s Americas division, and New York-based private equity firm Sycamore Partners had offered A$1.10 a share to acquire the company. The new bid, coming in lowe

AceCamp Opens U.S. Headquarters in Salt Lake City

AceCamp has opened its U.S. headquarters in Salt Lake City in a bid to establish a beachhead in the U.S. camping market. Founded 12 years ago, the Chinese company has offered its line of camping equipment and accessories in Europe since 2008…

EU Includes Cycling in Transportation Funding Guidelines

Cycling and EuroVelo has been included in a crucial EU infrastructure vote on funding rules, opening the door to billions of euros of investment. The vote comes as cycling advocates in the U.S. adjust to major reductions in federal funding for cycling and

Boardworks Surf Moving to Larger Headquarters

Boardworks Surf is moving their main offices and international headquarters from downtown Encinitas to a new, larger 15,000-square-foot location in Carlsbad, CA…

Cerberus to Sell Freedom Group After School Shooting

U.S. private equity firm Cerberus Capital Management said on Tuesday it will immediately begin selling its investment in Freedom Group in light of last week's school shooting in Connecticut…

Dickies Signs Slippers/Flip Flops License

Dickies, the work wear brand, announced a new licensing agreement with R & S Sales Company Inc., a maker of accessory footwear. Products under the license will include slippers and flip-flops…

Report: Nike, Rory McIlroy Sued by Oakley

According to a report from ESPN.com, Oakley has sued Rory McIlroy and Nike, claiming the golfer breached his contract with the brand by signing a new deal with Nike. Nike has yet to acknowledge the Nike sponsorship publicly…