SGB Update Footwear

Amer Lowers FY Guidance, Exploring Sale of Mavic

Amer Sports said it is currently exploring alternatives in respect of its cycling business Mavic, including a divestiture. It also warned that current estimates for FY09 are “too optimistic” given current economic conditions while unveiling a €150 m

Twins ’47 Extends MLB License

Twins ’47 has extended its licensing partnership with Major League Baseball Properties. The new five year agreement begins in 2010, runs through 2014 and includes extended product category rights for headwear and a strengthened brand position with M

Imperial Headwear Signs Three-Year Agreement with PGA Golf

PGA Golf Exhibitions and Imperial Headwear announced a three-year agreement with PGA Golf Exhibitions events beginning with the 2010 PGA Merchandise Show in Orlando and including the PGA Fall Expo held annually in September in Las Vegas…

OIWC and Digital Lizard Announce Partnership

Outdoor Industries Women’s Coalition and Digital Lizard announced a partnership that allows OIWC supporters to receive discounts on all printing needs and provides a donation to OIWC…

ING Awards $100,000 in Grants to Combat Childhood Obesity

ING awarded 50 schools across the U.S. with $2,000 grants to help students combat childhood obesity. Through its ING Run For Something Better School Awards Program, financial services company ING, in partnership with the National Association for Sport and

Asics Running Survey: Physical Benefits Outweigh Mental Benefits

According to a survey 3,500 runners in seven European countries by Asics, 54% said they run for fitness while 40% claimed they ran to lose weight. Thirty four percent said declared they do it for fun and 35% as a means of stress-relief…

Foot Locker Launches Internet Television Channel

Foot Locker plans to launch an exclusive, interactive, ad-supported Internet television channel that will be available for viewing on Foot Locker's web site at www.FootLocker.com later this fall. FootLockerOnlineTV will showcase custom video programm

Aldila to Close Tijuana Plant

Aldila, Inc. will close its Tijuana, Mexico facility where about 100 people are employed. According to a filing with the SEC, the action was announced to the company’s Tijuana employees on August 20 after a decision August 19 by the company’s

Wal-Mart Launches Online Marketplace

Wal-Mart Stores has launched an online marketplace with nearly 1 million items available through a number of retailers. Retailers so far include CSN Stores, a provider of home, baby, toys, sporting goods and shoes; eBags, a bags and luggage retailer; and

Wolverine World Wide 40-Foot Trailer Stolen

A 40-foot long semi-trailer full of footwear was stolen from Wolverine World Wide's distribution center in Howard City, MI. According to the Grand Rapids Press, the police suspect that thieves might have used their own semi-truck to steal the trailer

Globe International Top Line Declines on Weakness in All Regions

Globe International reported that cost reduction and restructuring initiatives undertaken over the past twelve months led to improved results for the second half of the fiscal year, but overall year-end results were still below year-ago results due to wea

Cash for Clunkers Reaches Cycle Shops

At least three cycle shops have come up with their own version of the Cash for Clunkers car rebate program. Joe Bike in Southern Portland, Lakeshore Bike in Marquette, Mich., and the Ski & Bike Shop in Grand Forks, North Dakota all have been offering bike

Clarks Launches Search for New CEO

C&J Clark, the U.K. shoe giant, has announced that Peter Bolliger will retire next year as chief executive after eight years at the helm. Bolliger, who joined Clarks in 1994 and has been chief executive since 2002, has told the board he wants to retire ne