Salomon opened a three-story flagship store in Beijing. The 728-square-meter store at China World Mall is part of Salomon’s broader “core city, core location” retail strategy and incorporates elements of the brand’s “Blue Perspective” sustainability initiative.
Category: Footwear
EXEC: Sweden’s WeSports Group’s Q2 Sales Jump 55 Percent On Cycling and Running Strength
WS WeSports Group, the Sweden-based manufacturer of sports equipment and parent of a number of specialty retailers, reported sales in the second quarter catapulted 54.7 percent to SEK 1,177.6 million ($123 mm) from SEK 761.4 a year ago. Organic growth amounted to 21.6 percent. WeSport said in its quarterly report, “Growth was primarily driven by our […]
EXEC: Birkenstock Hikes Fiscal Q3 Revenues Climb Double-Digits Across Regions
Birkenstock Holding plc raised its full-year guidance for revenues and adjusted operating earnings after seeing double-digit growth across all regions. On an analyst call, Oliver Reichert, CEO, said the gains were boosted by the continued expansion of its closed-toe business, led by newness in both clogs and shoes.
Dillard’s Q2 Earnings Boosted by Tariff Refunds, Sales Inch Up 1 Percent
Dillard’s, Inc. reported a sharp uptick in earnings in the second quarter ended August 1, thanks to a boost from tariff refunds. Sales in the quarter climbed 1 percent, led by strong gains in ladies’ accessories and lingerie offset modest declines in juniors, children’s apparel and ladies’ apparel.
EXEC: SportChek’s Comps Surge 8 Percent on World Cup Demand
Canadian Tire Corporation, Ltd. reported comparable sales at its SportChek segment grew 8 percent in the second quarter ended June 30 and 12.4 percent on a two-year stack basis, with the gains credited to World Cup-related demand. Fanwear, team sports and athletic footwear drove the eighth consecutive quarter of growth at SportChek.
Wolverine Hikes FY Guidance on Merrell and Saucony Momentum in Q2
Wolverine World Wide, Inc. raised its earnings and sales guidance for the year after reporting second-quarter results exceeded expectations due to continued robust gains at Merrell and Saucony. Adjusted EPS in the second quarter grew 14.3 percent on a 6.8 percent revenue gain, with sales expanding 11 percent at Merrill and 9.9 percent at Saucony.
StockX 6M Report Highlights Comebacks for Jordan and Supreme
StockX released its Big Facts Data Report for the first six months of 2026, disclosing the fastest-growing brands on the platform from January through June 2026. The findings show Jordan and Supreme have both made a recovery while strong moves were also seen by Saucony, Vans, Salomon, Godspeed, Adidas, and Timex.
EXEC: Yue Yuen’s Profits Slump in First Half
Yue Yuen Industrial, Ltd. reported profits fell 57.9 percent in the six months ended June 30 to $72.0 million, with declines within its manufacturing segment offsetting gains in its Pou Sheng retail business. Sales slipped 2.2 percent. On July 25, Yue Yuen had warned that profits would fall due to reduced orders from a pullback in consumer demand, as well as from cost pressures and manufacturing inefficiencies.
EXEC: Under Armour Downgraded by Barclays
Barclays lowered its stock rating on Under Armour to “Underweight” from “Equal Weight” due to the brand’s delayed recovery and heightened competition.
VibeIQ Raises $22.5 Million in Funding Round
VibeIQ, an AI-powered product decision and assortment lifecycle platform that has worked with New Balance, Converse and other fashouin brands, announced $22.5 million in growth financing led by Volition Capital.
Brooks Running Delivers 14 Percent Growth in First Half of 2026
Brooks Running delivered a reported 14 percent growth in the first half, supported by 9 percent year-over-year in the Americas. International markets accelerated further, up 39 percent in Europe, the Middle East, and Africa (EMEA) and 10 percent in Asia-Pacific (APAC).
Shoe Station Group Appoints Chief Marketing Officer
Shoe Station Group Inc., formerly Shoe Carnival Inc., appointed Tracy Dick as chief marketing officer. She formerly held marketing leadership roles at PetSmart, Jack in the Box and Leslie’s.
Citi Trends Sees Q2 Comps Expand 10.5 Percent
Citi Trends, Inc. reported preliminary results for the second quarter showing sales increased 10.9 percent to $211.6 million. Comparable store sales increased 10.5 percent year-over-year, or 19.7 percent on a two-year basis.
EXEC: Nike Brand’s Brazilian Business Marks Q2 as Biggest Quarter in Company’s History
Fisia, the home of the Nike brand in Brazil, reportedly maintained its strong growth trajectory in Q2, posting 27.5 percent growth in net revenue to R$1.3 billion, the highest quarterly net revenue in its history.
Target Appoints First Chief AI Officer
Target Corp. named Chandhu Nair as senior vice president and its first chief AI officer. He comes to Target from home improvement retailer Lowe’s, where he was the company’s senior vice president of stores, data, AI, and innovation. He was was also name senior vice president of user experience.
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