SGB Update Footwear

Skechers Falls Short of Q3 Expectations

Skechers USA Inc. posted very strong double-digit third-quarter earnings and sales growth and backlogs are continuing to rise at double-digit rates, but results still fell short of Wall Street expectations as a lackluster performance of toning during the

Acushnet Third Quarter Sales Dip on Cobra Divesture

Fortune Brands, Inc., parent of Acushnet Co., reported slight sales growth of 0.2% for the third quarter, although the Acushnet Golf segment dipped 4.8% to $265.2 from $278.6 in the year-ago period…

Deckers Outdoor Raises 2010 Outlook on Robust Third Quarter Growth

Carried by continued momentum by its Ugg blockbuster brand as well as an encouraging recovery at Teva, Deckers Outdoor Corp. posted strong double-digit growth in third-quarter earnings and revenues. The company again hiked its guidance for the year…

Iconix Sports Brands Growing at Wal-Mart

Iconix Brand's three core sports brands – Starter, OP (Ocean Pacific) and Danskin Now – are growing nicely at Wal-Mart despite an overhaul of the giant discounter's merchandising team…

Garmin Acquires Distributor

In a recent acquisition, Garmin purchased full rights to Belanor AS, the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Norway, for an undisclosed sum…

REI Bulking up in New York City Region

REI plans to open stores in Yonkers, N.Y., Carle Place, N.Y. and Paramus, N.J. in the spring of 2011, increasing to five the number of stores it has in the New York City metropolitan area and setting the stage for more head-on competition with Eastern Mou

The Nielsen Company to Refinance $330M in Debt

The Nielsen Company B.V., owner of the Outdoor Retailer and Interbike trade shows, disclosed plans to refinance debt due 2014 through the issue of $330 million in notes in a private transaction that will lower its interest rates by 100 to 225 basis point

Delta Apparel Sees 8.9% Climb in Q1 Sales

Delta Apparel, Inc., the parent of M.J. Soffe, reported sales increased 8.9% in its first quarter ended Oct. 2, to $107.9 million. Net income declined 38.5% to $1.6 million, or 19 cents a share, from $2.6 million, or 30 cents, a year earlier…