SGB Update

DSW Buys 44 Percent Stake in Canada’s Town Shoes

DSW Inc. and Town Shoes Limited announced today that they have entered into a definitive agreement whereby DSW Inc. will purchase for cash approximately 44 percent interest in Town Shoes, the largest footwear and accessories retailer in Canada, for Canadi

Antitrust Case Over NFL Hats Close to Decision

The National Football League may have violated antitrust laws in giving Reebok an exclusive hat deal, a federal judge ruled, on remand from the U.S. Supreme Court, according to Courthouse News Service…

Yue Yuen Workers Go On Strike

Yue Yuen Industrial Holdings Ltd. said more than 1,000 factory workers in a southern Chinese city went on strike Tuesday, demanding better social security payments…

Asics to Open First Chicago Store

Asics is opening its first stand-alone full-price store in Chicago. With three others opened over the last year, the location will represent Asics' fifth full-price store in the U.S…

Mizuno Running Launches First-Ever Broadcast Commercial

Mizuno Running is supporting its “What if Everybody Ran?” campaign with its first-ever broadcast commercial. The spots are part of a $2 million advertising campaign and scheduled to air on April 21 in Boston and nationally on ESPN around the B

Mountain Hardwear Sponsors Access Fund Conservation Team

The Access Fund, the national advocacy organization that works to keep areas open for rock climbing, announced that Mountain Hardwear has signed on as a supporting sponsor of the Access Fund’s traveling Conservation Team…

ZEMgear Launches Kickstarter Campaign

ZEMgear, the colorful, minimalist footwear line based in Miami, has launched a Kickstarter campaign at www.ZEMgear.com/kickstarter…

Polartec Supports Boston One Fund

Polartec is supporting the Boston One Fund, a non-profit launched to help those most affected by the Boston Marathon bombings last year. Polartec, based just outside of Boston, has outfittted 50 Boston One Fund runners…

Greats Raises $1.5 Million in Seed Funding Round

Greats, a mens sneaker brand founded last year by footwear industry veterans Ryan Babenzien and Jon Buscemi, has raised $1.5 million in an oversubscribed seed round led by Resolute Ventures. Other participants included High Peaks Venture Partners, Mark Ge

Dansko Launches “Word of Foot” Blog

Dansko has unveiled its company blog “Word of Foot,” offering a new and meaningful way for consumers to connect with the Dansko brand…

Damian Lillard Stars in Foot Locker Commercial

Foot Locker's newest commercial titled “No Rings,” features Adidas basketball star Damian Lillard and pokes fun in a tongue-and-cheek manner at ringless sports legends Barry Sanders, LaDainian Tomlinson, Chris Webber and Karl Malone…

Steve Madden Launches New Interactive E-Commerce Website

Steve Madden announced the launch of its new interactive, technology driven website integrating social sharing, editorial commerce, and targeting to offer its customers a speedier and superior shopping experience…