SGB Update

Globe International Sees Flat Profits In Fiscal Year

Globe International Limited reported profits were approximately flat for the twelve months ended June 30, in line with expectations. Operating cash flows were significantly ahead of the same time last year, despite a downturn in revenues.

Famous Footwear’s Q2 Comps Climb 2.8 Percent

Caleres, the parent of Famous Footwear, reported adjusted net earnings improved 4.4 percent. Famous Footwear same-store-sales up 2.8 percent while Brand Portfolio sales up 16.8 percent due to the acquisition of Allen Edmonds.

Boa Technology Partners With PHIT America

Boa Technology, the specialist leader in performance fit systems, announced its sponsorship of PHIT America, a national charity and campaign to fight the “Inactivity Pandemic” that is affecting the health of Americans and overall health care costs.

Interbike Unveils 2017 Innovation Award Winners

Interbike partnered with Hi-Torque Publications, LAVA Magazine, Bicycle Retailer and Industry News, The Mann Group and PeopleForBikes in each of the categories to choose the winners.

Big Rock Sports Acquires Redl Sports Distributors

Big Rock Sports, based in Graham, NC, announced the acquisition of Redl Sports Distributors, Ltd., the Canadian fishing, hunting, shooting sports and camping wholesale distributor based in Pitt Meadows, BC, from its parent company Maurice Sporting Goods.

Toad&Co To Open Glenwood Springs Location

The store will offer a full selection of the brand’s apparel, along with other accessories, gifts and more from complimenting brands with a focus on Colorado-based companies.

NSSF Welcomes New Member, Retailer Services Department Heads

The National Shooting Sports Foundation, the trade association for the firearms industry, stated that Mike Vrooman has joined the staff as its managing director, Member Services, and John McNamara has signed on as the organization’s new senior director, Retailer Services.