SGB Update

Sequential Brands Group Returns to Profitability

Sequential Brands Group, the owner of Heelys, the DVS skate brand and numerous fashion brands, reported first-quarter earnings of $742,000, or 3 cents a share, rebounding from a loss of $21.5 million, or $2.96, a year ago…

Skullcandy Resumes Growth, Halves Losses in Q1

Skullcandy, Inc. halved its loss and resumed growing in the first quarter ended March 31 after spending much of 2013 narrowing its distribution and cutting expenses to enhance margins…

Gildan’s Q2 Revenues Advance 5 Percent

Gildan Activewear reported second-quarter revenues rose 4.9 percent to $548.8 million. Adjusted net earnings were $79.2 million, or 64 cents a share, up 8.9 percent. The gains came in spite of the impact of colder weather which negatively impacted demand

Skechers USA Exploring Bid for NBA’s Clippers

Skechers USA, Inc. threw its hat in the ring of prospective bidders for the Los Angeles Clippers basketball team. The company, which is based in Manhattan Beach, CA, is consulting with its advisors about leading an investment group to acquire an interest

Johnson Outdoors Says Weather Pushed Sales Out of Fiscal Q2

Johnson Outdoors Inc. reported that it cut expenses nearly 10 percent in the the quarter ended March 28 to mitgate soft demand for its spring products, but that if April POS data hold, ramping up production to meet demand for a host of new products from i

RG Barry to Go Private in $215M Deal

R.G. Barry Corp., best known for the Dearfoams slipper brand, has agreed to be acquired for an estimated $215 million by Mill Road Capital, the Greenwich, CN.-based private equity firm that proposed buying it in September.
The merger will result in R.G. B

Gildan Offsets Cotton and Weather Woes in Q2

Gildan Activewear reported revenues rose 4.9 percent in its second quarter ended Mar. 30, to $548.8 million. Adjusted net earnings were $79.2 million, or 64 cents a share, up 8.9 percent…

Bogs’ Q1 Revenues Climb 23 Percent

Bogs increased sales 23 percent on a wholesale basis in North America for the first quarter, according to the quarterly report from Weyco Group, Inc…