SGB Update

RECALL: Skidders Children’s Shoes

According to the report on the U.S. Consumer Product Safety Commission’s official website, the recall was caused by a laceration hazard.

Hoka One One Runner Breaks Ultra JFK 50 Record

Jim Walmsley set a new course record of 5:21:28 at the nation’s longest-running ultramarathon — the JFK 50-Mile in Maryland. He also became the first man to win three years in a row.

Trump Vows To Immediately Quit TPP

President-elect Donald Trump in a YouTube video revealed plans to scrap the Trans-Pacific Partnership (TPP) trade deal on his first day in the White House.

DSW Inc. Lifts Guidance On Q3 Rebound

Tighter inventory management that drove improvements in gross margin helped the off-price footwear retailer report its first quarterly earnings increase in five quarters.

Fanatics Expands Partnership With 49ers

Fanatics launched an expanded partnership with the San Francisco 49ers to operate on-site retail for fans attending games and events inside of Levi’s Stadium.

Gym Source Buys The Home Fitness Group

“This partnership makes Gym Source a national specialty fitness company enabling us to offer our customers the finest fitness equipment brands in the world.”

Study: Minimal Shoes May Reduce Running Injuries

Runners who wear shoes with no cushioning and land on the ball of their foot rather than the heel put significantly less demand on their bodies, new research from the University of Exeter suggests.

Hickies Secures Funding

The shoelace startup raised $10 million in new funding in a round led by Sforza Holding.

DSW Names Chief Financial Officer

Jared Poff was promoted to senior vice president, finance, and interim chief financial officer on June 6, 2016. He joined the company in January 2015.