SGB Update

Wolverine Worldwide Sees Modest Q1 Revenue Decline

Wolverine Worldwide reported revenue in the first quarter, as expected, declined modestly to $627.6 million, a decrease of 2.8 percent versus the prior year. Gains were tempered by continued soft traffic at retail in the U.S., the strategic realignment of

Muck Partners with The Fabulous Beekman Boys

The Original Muck Boot Company announced the brand’s first fashion collaboration with The Fabulous Beekman Boys. Inspired by the growing farm-to-table movement, Brent Ridge and Josh Kilmer-Purcell transplanted themselves from New York City to a farm

REI Members Elect Two New Directors

REI’s members recently elected Karen E. (Kari) Glover and Sharon Philpott to three-year terms and re-elected Cheryl Scott to a three-year term…

Skechers Named Fashion Brand of the Year by UK Magazine

Skechers USA, Inc. was named Fashion Footwear Brand of the Year at The Footwear Industry Awards. The awards was supported by the British Footwear Association (BFA), Independent Footwear Retailers Association (IFRA), Society of Shoe Fitters and Footwear To

Foot Locker Foundation Unveils Scholar Athletes Recipients

Foot Locker Foundation, Inc., the charitable arm of Foot Locker, Inc., announced the twenty recipients of the Foot Locker Scholar Athletes Program. Each student will receive $20,000 in college scholarships, totaling $400,000…

Columbia Sportswear Ups FY14 Guidance on Strong Q1 Results

Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand for its fall 2014 products, strong results at its new Chinese joint venture and the ac

Big 5’s Q1 Profits Tumble 72 Percent As Firearms Sales Wane

Big 5 Sporting Goods reported that net sales fell 6.1 percent to $231.3 million in the fiscal 2014 first quarter compared to the first quarter of fiscal 2013 as sales of firearms, ammo and related products tapered off as expected. Same-store sales declin

Columbia Sportswear Agrees to Buy prAna

Columbia Sportswear Company has signed a definitive agreement to acquire control of the yoga/rock climbing-inspired apparel brand prAna for $190 million in cash. PrAna sales grew at a compound annual growth rate of more than 30 percent between 2010 and 20

Yue Yuen Strikes Estimated to Cost $60 Million

Yue Yuen Industrial (Holdings) said a labor dispute that stopped some of its production this month will cost it nearly $60 million initially—and the bill could climb. Production at a footwear factory in southern China's Guangdong province has resumed