SGB Update Footwear

Olympia Sports Intellectual Property Sold At Auction

The intellectual property and related assets of Olympia Sports, including the trademarks for Olympia Sports, Clever Training and Surf Outfitter, were sold for $180,000 to 54 Glen Cove Realty, LLC at an auction run by Hilco Streambank.

The RealReal Announces Layoffs, Store Closings

In a regulatory filing, the RealReal, the luxury consignment website, said it plans to lay off seven percent of its workers and close two flagship stores, two neighborhood stores and two consignment offices as part of a cost-savings plan.

UNC Charlotte Re-Ups With Nike And BSN Sports

The University of North Carolina at Charlotte (UNC) extended its partnership with Nike and BSN Sports. BSN Sports remains the official apparel and equipment provider to the 49ers’ athletic program while outfitting the University’s athletes, coaches and staff in Nike product. 

Crocs Q4 Revenues Surge 61 Percent; Beats Analyst Targets

Crocs, Inc. reported earnings rose 23 percent in the fourth quarter ended December 31. Sales surged 61 percent with a boost from the acquisition of Heydude. Sales of the Crocs brand grew 14.9 percent. Earnings topped analyst estimates.

Famous Footwear Parent Sees Fiscal 2022 Sales Up 7 Percent

Caleres reported that after a stronger-than-expected holiday performance and continued demand for its brands, the company provided preliminary, unaudited fiscal 2022 consolidated sales and earnings per share range that exceeded its expectations.

Decked Hires Mountain Sports Manager

Decked hired Scott Hibbert as director of community marketing and mountain sports manager. Hibbert brings 15 years of marketing experience to support the brand’s growth.