SGB Update

Compass Shoe Trade Show Moves to NYC

BPMW said it has decided to move its Compass men's footwear trade show to New York City for next season. Compass had been held in Vegas at the same time as the WSA trade show…

Bass Pro Lays Off Design Staff Members

Bass Pro Shops laid off members of its new store design staff in its headquarters in Springfield, Mo. over the weekend, a spokesman for the company told The Augusta Chronicle…

Native Eyewear Parent’s Q3 Revenues Decline

A.T. Cross Co., the parent of Native Eyewear, reported net income fell in the third quarter ended October 3, to $926,000, or 6 cents a share, from $1.76 million, or 12 cents a share. Consolidated net sales for the third quarter declined 12.4% to $34.1 mil

Puma Opens Development Center in Vietnam

Puma AG opened a new product development center in Vietnam as part of an effort to streamline the creation of new apparel and footwear and reduce costs. Puma said the center in Ho Chi Minh City pulls together suppliers, researchers and developers under on

Amer Sports’ Rights Offering Oversubscribed

According to preliminary calculations, a total of approximately 72.1 million shares were applied to be subscribed for in Amer Sports rights offering. Compared to a total of approximately 48.5 million shares offered, this represents a total subscription le

RECALL: Schwalbe Ultremo R Bicycle Tires

About 5,000 Schwalbe Ultremo R bicycle tires are being recalled by the U.S. Consumer Product Safety Commission. The tire layers could separate causing the inner tube to rupture, posing a fall hazard to consumers. No injuries have been reported…

RECALL: SI Tech Diving Suit Hoses

About 65,000 diving suit hoses made by SI Tech AB, of Brastad, Sweden are being recalled. The hose contains an insert that can dislodge during diving and restrict air flow to the diver, posing a drowning hazard. One death has been reported…

Steve Madden Expects $140 Million in Q3 Sales; Ups FY Guidance

Steve Madden said it expects net sales for the third quarter 2009 to be approximately $140 million. This compares to net sales of $128.1 million for the third quarter of 2008. Diluted EPS for the third quarter of 2009 is expected to be approximately 97 ce

Coach Reports Q1 Earnings of 44 cents; Sales in Line with Prior Year

Coach, Inc. reported sales of $761 million for its first fiscal quarter ended Sept. 26, 2009, compared with $753 million reported in the same period of the prior year, an increase of 1%. Net income for the quarter totaled $141 million, with earnings per d

Keller Joins Bushnell

Bushnell recently announced the addition of Trent Keller to their team of product managers. Trent will be responsible for on-going new product development and updates to the Bushnell binocular line…

Remington Parent to Go Public

As was predicted, Cerberus Capital Management has confirmed via a filing with the SEC that it is filing for an initial public offering for its Freedom Group, Inc. on Wednesday. Cerberus, a private equity firm best known for its ill-fated acquisitions of C