SGB Update Footwear

Rocky Brands Trims Q2 Loss as Sales Slip 1.6 Percent

Rocky Brands Inc. reduced its loss in the second quarter ended June 30 with the aid of higher gross margins and lower expenses. Sales in the period were down 1.6 percent, but grew 6.1 percent adjusted for the divestiture of the Servus brand.

JD Sports Warehouse Workers in England Face Job Cuts

“Around 200 workers” are impacted, as one staff member said that the consultation period should be concluded by September 6. JD Sports’ nearby distribution center in Rochdale (Kingsway), England, is not affected.

Rip-It Sports Hires First Chief Marketing Officer

Amy Craven was formerly the director of brand and global advertising for American Airlines. Her appointment follows Janelle Anderson’s recent naming as Rip-It Sports’ new CEO in April.

Omega Capital Closes Investment in New Fund

The strategy for Fund II is expected to largely follow that of Fund I, investing $3 million to $10 million in growth equity or buyout transactions in Oklahoma and surrounding states in healthcare, outdoor products and aviation.

Report: U.S. Golf Rounds Show Recovery In June

June’s gains marked an uptick after May’s rounds declined 0.8 percent. By region for the month, the most significant gains were in the Mid-Atlantic, according to Golf Datatech, a subsidiary of Circana.

Lâmo Sheepskin Rebrands to Reflect Category Expansion

The pivot to the new brand name Mykos reflects the company’s move to become a “more extensive footwear destination, with a collection of sandals, boots, slippers, moccasins, and sneakers that symbolize an active lifestyle.”

Camber Outdoors to Cease Operations in August

The Camber Board and leadership reported it will cease operations in late August 2024 because of “continued industry headwinds combined with the fact that outdoor industry companies are moving beyond the focused workplace tools that Camber Outdoors traditionally has provided.”