Shipment volumes for the first quarter increased by approximately 21.9 percent year-over-year to 11.7 million pairs. Again the percentage increase in pairage shipped accelerated from the 2023 Q4 trend, nearly doubling the 10.9 increase in Q4.
Author: SGB Media
EXEC: Saucony, Merrell and K-Swiss China Retail Partner Sees Slower Q1 Growth
Xtep International had 110 Saucony-brand stores and four Merrell-brand stores operational in Mainland China at the end of 2023. The company boasted 101 K-Swiss stores in the Asia Pacific region at the end of the year, with 94 Palladium brand stores to end 2023.
OrthoLite Subsidiary Cirql Launches Recyclable Cirql rTPU30 Midsole
“Cirql represents not only an entirely new product and patented foaming process for OrthoLite it also is an opportunity to minimize waste and pollution on a wide scale across all footwear.” —Matt Thwaites, Vice President and General Manager, Cirql
EXEC: Anta Sports Sees Fila Brand Q1 Retail Sales Trend Moderating from 2023
Retail sales, in retail value, for the Fila brand increased in high single digits year-over-year in the first quarter, a sharp moderation from the strong double-digit in the 2023 fourth quarter and the high-teens trend for the 2023 full year.
Eagle Claw Fishing Tackle, Co. Names New Chairman
Outgoing Eagle Claw Fishing Tackle Chairman Lee McGill made the decision to step aside, effective April 9, naming Drew McGill as chairman of the Board of Directors from his most recent role as Vice Chairman.
Softspikes Introduces New Colorways to the Tour Flex Pro
The Tour Flex Pro offers Softspikes center stinger post, three degrees of traction and ten points of contact for control and stability during play now in Black/Charcoal and Translucent /White.
Skechers Football Drops Laser-Comfort Pack
The fourth Laser-Comfort Pack to drop since the brand entered the soccer category in 2023/24 comes in silver and green and three styles for women and men.
Cotopaxi Names New CFO/COO as Roles Shift in Top Company Leadership
Lindsay Shumlas, formerly with Manhattan Beachwear and Vici, joins the company in a new combined CFO and COO role, a first for the company. Co-founder Stephan Jacob moves into the new role as chief technology and business development officer.
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
The company’s CEO, Erik Nordstrom, and president, Pete Nordstrom, notified the Board of their interest in pursuing a potential transaction pursuant to which Nordstrom would become a private company.
The Picklr to Open New Club in Indianapolis
Six new Picklr locations are planned for central Indiana, with Drew Brees and his partners helping to open 30 new Picklr franchise locations to Indiana, Ohio and Michigan over the next three years.
StockX: Fakes Were 19 Percent of Rejected Sneakers Over Last 12 Months
In 2023 the company rejected over 325,000 products, collectively valued at over $82 million, because they did not meet StockX’s verification standards, with 19 percent of that total tagged as suspected fakes. Used products totaled 29 percent of rejects.
Kent Outdoors Hires Rob Otto as CFO
Founded in 1959 in New London, Ohio, Kent Outdoors is a diverse platform of outdoor brands with a broad product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards, and more.
Fanatics Collectibles Appoints Regional President for EMEA and LATAM
Dan Thomas is the Regional President for Fanatics Collectibles EMEA and LATAM regions, effective this month, responsible for developing and leading the brand across all markets.
Topgolf Opens New Three-Story Venue East of Los Angeles
The three-story Topgolf venue anchors the redesigned Montebello Golf Course that the City of Montebello recently transformed into two courses, each with nine-hole layouts.
EXEC: Giant Group Posts 20 Percent Sales Decline in First Quarter
The Giant Group reported monthly revenues for March 2024 fell in double digits once again, declining 17.4 percent to NT$7.12 billion, representing a moderation from a sharp 27.2 percent crash in February.
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