SGB Update

Porsche Winterizes Training Products With Adidas

Adidas has teamed with legendary German automobile Porsche, in its majority-owned subsidiary Porsche Design Group, to create a range of outdoor training products for the active lifestyle consumer.

Duluth Trading Reports Strong Traffic

Net sales grew 27.4 percent in the quarter ended July 31 thanks to continued heavy spending on television and digital advertising and store openings.

Shimano America Takes On Lazer Sport Sales

A week after acquiring the Belgian helmet and eye wear company, Shimano Corp.’s U.S. subsidiary has taken over its distribution in the United States and Canada.

Cherokee Global Brands Sees Q2 Profits Slide

Cherokee Global Brands, which recently acquired the Flip Flop Shops chain, reported a slight decline in earnings in the second quarter as sales for its Cherokee brand were hurt by the transition of the brand out of the Target chain.

Zumiez Reports Q2 Loss

Same-store sales fell 4.5 percent, but both the loss and comp drop were above guidance.

Rocky Brands CEO Resigns

Rocky Brands, Inc. announced that Mike Brooks, chairman of the board of directors, has been appointed interim chief executive officer following the resignation of David Sharp as president and chief executive officer.