SGB Update

Athletic Canvas Powers Famous Footwear’s Q1 Pickup

Aided by a strong pickup in April at Famous Footwear and strong performance by its wholesale brands, Brown Shoe Inc. reported a better-than-planned first quarter and slightly raised its outlook for the year. The strength in canvas was said to be coming fr

Smith Optics Parent Upgraded by Moody’s

Moody’s has upgraded The Safilo Group’s long-term corporate credit rating from ‘B2’ to ‘B1’, reflecting both the company’s diminished refinancing risk, following its recent bond issue, and its stable operating per

Under Armour Signs on as Presenting Sponsor of Fight Night

Fight For Children and Under Armour announced a new multi-year partnership that designates Under Armour as the presenting sponsor of Fight For Children's annual Fight Night, including this year's 25th anniversary of the fundraising event…

Fred Segal Appoints CEO

Sandow, owner of Fred Segal, has partnered with equity investor Evolution Media Partners (Evolution), and has hired veteran retail chief Paul Blum to lead the expansion of the iconic California lifestyle brand…

USDA Launches New Conservation Initiative

Agriculture Secretary Tom Vilsack joined Senate Agriculture Committee Chairwoman Debbie Stabenow to launch a new conservation initiative with an focus on public-private partnership. The new program promises to go beyond traditional government efforts to a

Icebreaker Founder and CEO and Executive Chairman to Swap Roles

Icebreaker Founder Jeremy Moon is handing over the CEO title to Rob Fyfe, who has served as executive chairman of the New Zealand apparel company’s board for nine months. A former CEO for Air New Zealand who joined Icebreaker's board in 2012, F

Belle International Sees China Slowdown

China's biggest shoe retailer Belle International Holdings Ltd reported net profit rose 1 percent to RMB 5.16 billion ($827 million) for the 14 months ended Feb. 28. Its CEO said the macroeconomic outlook for the next two years is not optimistic.”…