SGB Update

Unifi Inc. to Invest $40MM to Boost Capacity in CAFTA/NAFTA Region

Unifi Inc. said it will increase its yarn texturing capacity in the U.S. and Central America to serve growing demand for its Repreve and other premium synthetic yarns from Hanesbrands, Patagonia, The North Face, DC, Quiksilver and other brands and retaile

Callaway Golf Cuts Q3 Loss

Callaway Golf Company reduced its net loss in the third quarter to $1.1 million, or 1 cent a share, from $22.9 million, or 32 cents, a year ago. Revenues decreased 5 percent to $169 million. The company raised its EPS guidance for the year and continues t

Pou Sheng Poised for Return to Profitability in 2014

Pou Sheng International (Holdings) Limited, which is one of the largest retailers and distributors of Adidas, Nike and other international athletic footwear, apparel and accessories brands in China, expects to report a profit for the nine months ended Sep

Callaway Golf Sees Annual Profit, Golf Industry Stabalizing

While sales still declined, Callaway Golf Co. trimmed its net loss in the third quarter, raised its EPS guidance for the year, and reiterated its vow that it expects to post its first annual profit this year since 2008. Said Chip Brewer, Callaway’s

POC to Relocate to Park City from Aspen

POC, the Swedish action sport brand owned by Black Diamond Inc., will relocated its North American office from Aspen, CO to Park City, UT in early November…

Ugg Rediscovers its Groove for Deckers Brands

Deckers Brands reported fiscal second-quarter results that beat analysts expectations with sales and earnings growth of more than 20 percent, prompting the parent of Uggs, Teva, Sanuk and Hoka One One to raise its estimates for its fiscal year…

SIA Releases State of the Industry Video Series

SnowSports Industries America has released its State of the Industry Video series reviewing the 2013/14 snow sports season, which was marked by $3.6 billion in sales and extraordinary weather patterns…

Deckers Brands Q2 Revenues Climb 24 Percent

Deckers Brands reported sales increased 24.2 percent in the second quarter ended Sept. 30, to $480.3 million compared to $386.7 million for the same period last year. Sales grew 23.8 percent for Ugg, 14.9 percent at Teva and 3.2 percent at Sanuk. Earnings

L.A. Gear Announces Brand Relaunch with TYGA

L.A. Gear is returning in stores for Spring 2015 with the re-launch of L.A. Gear “Originals” line with creative brand advisor, trendsetter and multi-platinum recording artist, TYGA. Like past collections, the re-launch will continue to merge t

West Marine’s Q3 Earnings Slide 25 Percent

West Marine reported net revenues were $196.5 million, an increase of 1.6 percent compared to last year. Comparable store sales increased by 0.6 percent. Earnings slumped 24.6 percent to $4.9 million, or 20 cents a share, from $6.5 million, or 26 cents, a