In a regulatory filing, Zumiez, Inc. reported that Christopher Work, its CFO, gave notice to step down from his position with the retailer.
Category: Footwear
EXEC: Camper Acquires Stake in Greek Luxury Sandal Brand
Camper, the Spanish footwear brand, has acquired a 60 percent stake in Greek luxury brand Ancient Greek Sandals.
EXEC: Frasers Group Divests Sports Direct Malaysia to MAP Active
Sports Direct-parent Frasers Group PLC reported the sale of Sports Direct Malaysia to its Southeast Asia partner MAP Active resulted in proceeds of $150 million.
Crocs Settles Trademark Dispute Involving HeyDude
Crocs Inc. has resolved a legal dispute before the Regional Court of Cologne that alleged that Fusion Shoe, based in Pirmasens, Germany, infringed on rights associated with Heydude’s “Wally” style footwear.
EXEC: Nike CEO Sees Weakness in Sportswear and Jordan Streetwear Weighing on Turnaround
Nike Inc. reported results in the fiscal fourth quarter ended May 31 that exceeded analyst targets with ongoing momentum in the running category, a boost from World Cup sales and growth in North America. However, the sports giant slightly lowered its sales guidance for the year as it warned of continued weakness in China and worsening trends in the Sportswear and Jordan businesses.
EXEC: Kingmaker Footwear Swings to Positive Gross Profit on Wolverine Worldwide Focus
The Hong Kong-based footwear manufacturer reported a 3.0 percent year-over-year decrease in revenue for fiscal 2026, said to be primarily due to a lower ASPs. Still, the company reported a swing to positive gross profit as it focused more on brands and premium products from Wolverine Worldwide’s outdoor and work stable.
Dick’s SG and Boot Barn Partner on Central Texas Retail Expansion
Dick’s Sporting Goods and Boot Barn are partnering to anchor a new mixed-use development called Kyle Park, a suburb along the I-35 corridor positioned right between San Antonio and Austin, Texas.
Nike Inc.’s Fiscal Q4 Earnings Boosted by Tariff Refund, EPS Tops Analyst Targets X-Rebate
Nike, Inc. sales in the fiscal 2026 fourth quarter were down 4 percent on a currency-neutral basis with a gain of 3 percent in North America unable to offset declines of 17 percent in Greater China and 6 percent in the EMEA region.
Lands’ End, Inc. Names New CEO as McLean Sets Departure
Charlie Cole succeeds Andrew McLean, who will step down as CEO and a member of the Board of Directors, effective July 13, 2026.
EXEC: Xtep Opens First Stand-Alone Saucony Store in Hong Kong
Xtep acquired full ownership of Saucony’s brand and intellectual property rights across Mainland China, Hong Kong and Macau in early 2024.
Rural King Opens Fourth Store in Georgia
The store carries a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Wolverine, and Wrangler.
Genesco Names Chief Financial Officer
Jonathan Collins brings over 30 years of senior financial experience to the role. He spent more than a decade with Walmart (2012 to 2025) in a series of executive leadership roles, including CFO of Walmart Africa.
EXEC: Nike Downgraded By KeyBanc on Competitive Pressures
KeyBanc Capital Markets lowered its rating on Nike Inc. to “Sector Weight” from “Overweight” due in part to sportswear challenges, international headwinds, and the loss of share to a range of competitors.
Authentic Brands Group Debt Ratings Upgraded by Moody’s
Authentic Brands’ debt ratings were raised by Moody’s Ratings due to the brand management company’s “lower leverage and more balanced financial strategy over the past two years.” The upgrade also reflects Authentic’s “increased scale and improved portfolio quality following the additions of larger, well-recognized brands, including Guess?, Champion, Dockers and the pending acquisition of Lee.”
EXEC: Bain Forecasts Luxury Spending Recovery Despite Middle East War
The global personal luxury goods market has shown signs of recovery in the second quarter despite the ramifications of the war in the Middle East, with demand in the U.S. outpacing expectations, according to a new report from Bain & Company.
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