Nike partnered with Native American artist Chelysa “Chief” Owens-Cyr, who brings a contemporary take on ledger art, a narrative drawing or painting on paper or cloth predominantly practiced by Plains Indians from the 1860s to the 1920s.
Category: Apparel
Von Maur Department Stores Opens First Pennsylvania Store in Pittsburgh
The retailer has opened its newest location at South Hills Village in the suburbs outside Pittsburgh, PA. The 118,000-square-foot store is the company’s first in Pennsylvania.
Golden Goose YTD Sales Climb 12 Percent on D2C Boost
Sales the Milan-based luxury streetwear and sneaker brand reached €466 million ($500 mm) in the nine months, up 12 percent year over year, driven by an 18 percent jump in DTC revenues.
Vuori Nets $5.5B Valuation, $825M Investment in Latest Financing Round
The $825 million investment, led by General Atlantic and Stripes, along with a cohort of additional investors, is structured as a secondary tender offer, and raises the activewear’s brand’s valuation to $5.5 billion.
L.L.Bean to Open First Indiana Store
The 16,000-square-foot L.L. Bean store will be the retailer’s fourth new location to open in 2024, giving it 61 stores in the U.S.
NRF: Import Cargo Could See Surge Ahead of Potential Port Strike and Trump Tariffs
Import volumes at the nation’s major container ports could be higher than previously expected for the remainder of this year as retailers face another potential East Coast/Gulf Coast port strike and tariff increases planned by President-elect Donald Trump, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Blackcrows Partners with Rapha to Open Nest Pop-Up Shops in Boulder and Seattle
The French ski brand and maker of performance ski products and apparel, opened its first U.S. pop-up shops in collaboration with Rapha in Boulder, CO and Seattle, WA on November 1. They will remain open through the winter season.
EXEC: Descente Ltd. Posts Another Record Second Quarter in Sales and Profits
Descente Ltd. reported that net sales for the fiscal second quarter ended September 30 increased 4.7 percent to ¥62,818 million, reportedly due to foreign exchange effects and growth of the Descente and Uumbro brands in Japan and South Korea.
StockX CEO to Step Down, COO Named as Successor
StockX announced that its CEO, Scott Cutler, has chosen to step down at the close of the year, succeeded by the online sneaker marketplace’s Co-Founder, President and Chief Operating Officer, Greg Schwartz.
EXEC: Asics Hikes FY Outlook As Q3 Revenues Climb 16 Percent
Asics raised its guidance for the year after reporting sales in the third quarter grew 16.0 percent with profits expanding faster. Double-digit revenue growth in the quarter was achieved in North America, Europe, Japan and Greater China.
Adidas SPZL Reunites with C.P. Company to Celebrate with 10th Anniversary Collection
In 2021, Adidas SPZL and C.P. Company marked the company’s 50th Anniversary with the collaborative Italia CP SPZL trainer. To honor the label’s 10th Anniversary, the Adidas SPZL and C.P. Company collaborated once again, this time on an apparel, footwear, and accessories collection.
EXEC: Mizuno Corporation Posts Record H1 Results in Sales and Profits
Mizuno management said there are concerns regarding the volatility of the financial market due to the monetary policies of individual countries and changes in political and global landscapes, as well as changes in consumer sentiment amid the continued rise in prices.
Fanatics Partners with World Rugby
Fanatics reached an agreement to launch and manage the official retail and licensing program for World Rugby, including Rugby World Cups through to 2029.
Golden Goose’s Debt Ratings Upgraded on Improving Sales
Moody’s Ratings upgraded Golden Goose S.p.A.’s debt ratings due to its strong revenue and profit performance in recent years with the aid of store openings. Sales have vaulted 60 percent from December 2021 to June 2024.
Puma NYC Flagship + A$AP Rocky Debut Latest Motorsport-Inspired Collection
Last night, November 7, Puma held a store event for customers with A$AP Rocky to debut the brand’s latest motorsport-inspired collab collection of footwear, apparel and accessories.
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