Dunham’s Sports is opening stores on December 16 in Manitowoc, WI and North Platte, NB.
Category: Footwear
Al’s Sporting Goods To Open In Boise
Al’s Sporting Goods is opening a stores in Boise, ID, according to boisedev.com.
Record 158 Million Shoppers Expected To Shop Super Saturday
This year, a record 158 million consumers are expected to shop on the last Saturday before Christmas, according to the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics. The number is approximately 10 million more than last year’s expected Super Saturday shopper count and the highest number since the NRF started tracking the data in 2016.
L.L.Bean Inks Licensing Agreement In Japan
Japanese firm Itochu Corp. reported it acquired the master license rights for L.L.Bean in Japan and the wholesale rights for imported products.
Imports Winding Down As Holiday Season Nears Finish Line
With most holiday merchandise on retailers’ shelves or in warehouses for the season, December cargo volume at the nation’s major container ports is forecasted to be below record levels set earlier this year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Elevate Outdoor Collective Hires Global CMO
Elevate Outdoor Collective hired Jon Roy as chief marketing officer. Previously, Roy was the vice president of Global Energy Brand Marketing at Converse.
Dick’s SG’s Jefferson City Location To Close
DKS is closing its Jefferson City, MO store, effective December 31, 2022, according to the Jefferson City News Tribune.
Nike And BSN Sports Sign Three-Year Deal With App State University
Nike and BSN Sports signed a three-year deal with Appalachian State University in Boone, NC.
Fenix Outdoor Names Global Brand President, Royal Robbins
Fenix Outdoor named Erik Burbank, a former Keen and Helly Hansen executive, as global brand president, Royal Robbins, succeeding Michael Millenacker.
Kohl’s Debt Ratings Lowered
Moody’s Investors Service downgraded the debt ratings on Kohl’s due to an erosion of its market position and the deterioration in credit metrics to levels not reflective of an investment grade rating.
Yue Yuen’s Sales Dip 2.8 Percent In November
Yue Yuen reported consolidated operating revenue in November reached $657.5 million, representing a decline of 2.8 percent year over year. Sales grew 6.1 percent at Yue Yuen’s Manufacturing Business segment and fell 17.8 percent at Pou Sheng, Yue Yuen’s retail subsidiary in China.
Rocky Brands Appoints Board Member
Rocky Brands, Inc. appointed Dwight Smith as a Class I director on the company’s Board, effective January 1, 2023. Glenn E. Corlett and James L. Stewart have elected to retire as Board of Directors, effective December 31, 2022.
Allbirds Announces Promotions Within Executive Leadership Team
Allbirds, Inc. promoted Kate Ridley from chief brand officer to chief brand and product officer, and Benny Joseph, currently chief technology officer, to chief technology and culture officer. Co-CEO Tim Brown expands his role to include leadership of Allbirds’s Innovation Futures team.
Puma Names Chief Product Officer
Puma promoted Maria Valdes to chief product officer and to its Board of Management, effective January 1, 2023. Valdes’ current role is general manager, Puma Sportstyle.
Lululemon Lifts Outlook As Q3 Comps Surge 22 Percent
Lululemon Athletica Inc. again raised its outlook for sales and earnings in the year after reporting third-quarter results that topped guidance. Comparable sales in the quarter jumped 22 percent, or increased 25 percent on a constant dollar basis.
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