SGB Update

Man U’s Merchandise Revenues Continue Decline

Manchester United reported that revenue from its Nike managed merchandising business, which Adidas will take over next season, continued to decline in the fiscal second quarter.

Skechers Q4 Profits Leap

Skechers USA reported earnings rose 54.7 percent the fourth quarter, to $21.9 million, or 43 cents a share. Revenues jumped 26.4 percent to $569.7 million. Double-digit improvements were seen in its domestic and international wholesale and Skechers compan

Imports Rising Even as Threat of West Coast Ports Shutdown Looms

Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers, acc

Skechers Q4 Earnings Soar, Backlogs Up 60 Percent

Capping off a strong bounce-back year, Skechers USA reported earnings rose 54.7 percent the fourth quarter, to $21.9 million, or 43 cents a share. Revenues jumped 26.4 percent to $569.7 million…

Shimano’s Revenues Jump 22.2 Percent in 2014

Shimano reported revenues rose 22.2 percent to ¥333.17 billion ($2.78 bn) in the year ended Dec. 31, from ¥271.0 billion a year ago. Net income jumped 46.0 percent to ¥51.2 billion ($427.3 mm)…

Panaracer Implements MAP Policy

Panaracer instituted a Minimum Advertised Price (MAP) policy Feb. 9 and asked all distributors to make it available on their web sites…

RECALL: 650 Marin MBX 50 and Tiny Trail Bikes

Marin Mountain Bikes Inc., of Novato, CA is recalling about 450 of its children's bicycles in the United States and Canada because the handlebars can loosen or separate and cause the rider to lose control and/or crash…