SGB Update

Famous Footwear to Host Fashion’s Night Out

Famous Footwear, a brand of Brown Shoe Company, Inc., on Sept. 8 will host a model casting call from 6:00-8:00 p.m. at its midtown Manhattan store, located at 250 W. 34th St. near Seventh Avenue, as part of the third annual Fashion's Night Out…

Bauer’s Sales Grow 13 Percent in Fourth Quarter

Bauer Performance Sports Ltd. reported revenues grew 13 percent in the fourth quarter and 19 percent in its fiscal year ended May 31. Earnings also grew solidly in both periods excluding costs related to its initial public offering…

Brown Shoe to Sell And 1

Brown Shoe Company, Inc. entered into an agreement to sell And 1, the basketball footwear brand acquired through its purchase of American Sporting Goods, to Galaxy International, a newly-formed brand management company, for $55 million in cash…

CamelBak Acquired by Owners of Fox Racing Shox

Compass Diversified Holdings, which owns Fox Racing Shox, acquired an 89.9 percent stake in CamelBak Products, LLC for $257.5 million. The deal estimated CamelBak's total enterprise value of $245.0 million, or about two times 2010 sales. Camelbak CEO

Brown Shoe Slashes FY Guidance After Weak Q2

Brown Shoe Company, Inc., the parent of Famous Footwear, reported a loss of $4.6 million, or 11 cents a share, in the second quarter, against earnings of $5.3 million, or 12 cents per share, in the second quarter of 2010. Weakness in the toning category

Apparel Nearsourcing Directory Launched at MAGIC

The Office of the U.S. Trade Representative launched a new online directory at the MAGIC textile trade show that will help to enhance textiles trade and attract job-supporting investments to the United States and six trading partners who are parties to th

Confluence Moving to New Digs in Upstate South Carolina

Confluence Watersports will relocate this fall to a new 300,000-square-foot facility in Greenville, S.C. within 10 miles of the company's current operations in Easley, SC. The move enables significant cost savings and efficiency gains and will put em

YourOutdoorSupply.com Goes Live

WMN Enterprises LLC of Washington launched of new e-commerce Web site YourOutdoorSupply.com. The site offers camping and hiking accessories as well as safety accessories such as rescue sticks, food kits, trauma kits, knives, medical marine kits, and refe

Old Navy Recalls Misspelled College T-Shirts

Old Navy is reprinting thousands of college T-shirts to correct an embarrassing error. The shirts debuted this month, featuring the names and mascots of dozens of schools. Printed at the top of each shirt are the words “Lets Go!!”…

Shoe Carnival’s Q2 Profits Sink 34 Percent

Shoe Carnival, Inc. reported second-quarter results that came in short of expectations due to weather that hurt traffic and the slower trend in the toning category. Earnings slumped 34.1 percent to $2.7 million, or 20 cents per share, from $4.1 million, o

Canadian Tire Completes Acquisition of Forzani

Canadian Tire Corporation, Limited said it completed its acquisition of The Forzani Group Ltd. Its subsidiary FGL Acquisition Co Limited successfully acquired the 905,853 remaining Class “A” shares of The Forzani Group Ltd. not already owned…

Finish Line Board Elects Director Torrence Boone

The Finish Line, Inc., announced that Torrence Boone has been elected as a new director. Boone is managing director of agency business development for Google, where he is responsible for driving Google's strategy and relationships with marketing…

GearTribe Set for Aug. 29 Launch in Four Markets

GearTribe, an group buying site that claims to be dedicated to helping independent outdoor specialty retailers compete with private sale sites, said it will launch in Hood River and Bend, OR; Seattle and Summit County, Colorado on Aug. 29…

McDonald’s Rolls Out Skechers’ Twinkle Toes Happy Meals

McDonald's U.S. and Canada restaurants will roll out a three-week Happy Meal promotion Aug. 26 featuring Twinkle Toes by Skechers. During the promotion, Happy Meal customers can receive one of six clip-on miniature Twinkle Toes by Skechers toy shoes

Liberty Mountain Picks up Valandré Line

Liberty Mountain has begun distributing Valandré, a line of high end technical down products, to outdoor specialty retailers in the U.S. Based in France, Valandré’ is a high-end manufacturer of down sleeping bags and outerwear for mountaineers and