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…

Primal Wear Sweetens Terms for Shop Kits

Primal Wear launched their their Retailer Custom Apparel Program, which requires no upfront fees for design and production services, as well as net 30 terms. The program is designed to allow get IBDs fully branded shop kits within six weeks without creati

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…

Cloudveil Launches New Website

Cloudveil unveiled its 2010 fall/winter line and said it would begin selling it on a new e-commerce website at http://www.cloudveil.com…

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…

Amer Sports Names CFO to Replace Paalanne

Amer Sports' Senior Vice President, Finance Jussi Siitonen has been appointed CFO of Amer Sports as of Jan. 1, 2011 to replace the current CFO and Executive Vice President Pekka Paalanne, who will retire…

Nike to Launch Online Golf Community

Nike Golf is set to release a new digital golf community labeled as — The Grind. On Nov. 1, 2010, golfers will be able to join The Grind via www.nikegolf.com and connect with other golf athletes in hopes of improving their performance…

Pacific Sunwear’s Marketing Chief Exits

Pacific Sunwear Inc. said that on Oct. 25, Robert Cameron's employment with the company had “ended,” according to a filing with the Securities & Exchange Commission. In January 2010, Cameron joined the company as senior vice president of marketing…

Amer Sports Sales Grow 14% in Third Quarter

Amer Sports Corp., which owns the Salomon, Suunto and Wilson brands, improved both its top and bottom line in the third quarter ended Sept. 30. The Finnish sporting goods company reported that net sales increased by 5% to €466.9 million ($602.4 mm)

Blacks Leisure Takeover Talks Continue, Losses Narrow

Blacks Leisure, the outdoor retailer based in the United Kingdom, said takeover talks with several parties continued while reporting that it's first half pretax loss narrowed and that it had suspended its interim dividend…

Fortune Brands Sees Golf Sales Drop 4.8%

Titleist parent, Fortune Brands, Inc., saw a 4.8% dip in the Golf segment, while the company sought expansion in key Asian markets. The company's full-year outlook for Golf segment now shows a low-single-digit rise…