SGB Update

Erem Adds New Hires To Marketing Team

Erem, the sustainable desert performance footwear brand, has scaled up its team with four newly created positions to support its marketing efforts.

Shoe Carnival Reports Record Fourth Quarter And  2021 Results

Shoe Carnival reported fourth-quarter earnings more than doubled as revenues improved 23.4 percent to $313.4 million. Earnings reached $20.6 million, or 72 cents a share, against $7.4 million, or 26 cents, a year ago. The footwear off-pricer expects fiscal year 2022 net sales to increase 4 to 7 percent on top of the 36.2 percent net sales growth achieved during fiscal 2021.

Honma Golf Appoints VP Of Sales

Honma Golf named golf industry veteran Chuck Couch as North American vice president of sales. He was most recently vice president of Mizuno USA’s running division from 2016 to 2021.

Clarks Appoints New CEO

Clarks has hired Jonathan Ram as CEO for Clarks shoes effective April 2022.

Golftec Adds Location In New Jersey

Golftec continues to expand its nationwide footprint announcing the opening of an instruction and club fitting center in Paramus, NJ.

Callaway Golf Adds Board Member

Callaway Golf Company announced that it has appointed Varsha Rao to its Board of Directors, which increases its members from thirteen to fourteen.

Caleres’ Sales Expand 19 Percent In Fourth Quarter

Caleres reported significantly improved earnings in the fourth quarter as sales grew 19 percent. The parent of Famous Footwear achieved all-time record operating earnings and operating margins for the year.

GOA President Rich Hill To Depart Position in April

Grassroots Outdoor Alliance announced the departure of president Rich Hill, who gave the news to staff ahead of its annual board of directors retreat earlier this month stating he would leave his role in late April.

Carlyle Agrees To Acquire Dainese Group

Global Investment firm Carlyle announced that it has agreed to acquire Dainese Group, the maker of protective equipment for motorcycling and extreme sports, from Investcorp and Lino Dainese. Cristiano Silei will remain as CEO of the company.