Kidpik’s Sales Slide In Second Quarter

Kidpik Corp., the online clothing subscription-based e-commerce company, reported sales of $3.8 million in the second quarter ended July 2, a year-over-year decrease of 33.4 percent.

Signa Sports Sales Climb 29 Percent In Q3

Signa Sports United N.V. (SSU) reported sales in its third quarter ended June 30 grew 29 percent, boosted by the full contribution of recently acquired businesses WiggleCRC and Tennis Express. The Berlin-based online platform reduced its guidance for the year due to continued supply chain challenges and weaker consumer spending.

Macy’s Elects Board Member

Macy’s, Inc. elected Emilie Arel, president and chief executive officer of Casper Sleep, to its board of directors, effective August 15, 2022.

Li Ning’s Sales Climb 22 Percent In First Half

Li Ning Company, Ltd. reported net income grew 11.6 percent in the half ended June 30 on a 21.7 percent revenue gain. The improvement came despite the “impact of repeated outbreaks of the COVID-19 pandemic and significant increase in raw material prices that led to certain challenges to the operating environment.”

On Lifts Guidance On North America Momentum

Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.

Super Shoes Closes Store In Pennsylvania

Super Shoes has closed its location on Philadelphia Street in Indiana, PA. The chain continues to operate 41 stores in the Northeastern and Mid-Atlantic states as well as Supershoes.com.