Pacsun said it is the first major brand in the fashion and retail space to accept bitcoin and other cryptocurrencies.
Category: Footwear
Evo Acquires Callaghan Country Wilderness Adventures
Outdoor retailer and lifestyle brand Evo announced the acquisition of Whistler, BC-based Callaghan Country Wilderness Adventures (CCWA), owner of the popular ski destination Journeyman Lodge.
Macy’s Appoints Board Members
Macy’s Inc. announced the appointment of Ashley Buchanan, chief executive officer of The Michaels Companies, and Tracey Zhen, president of Zipcar, to its board of directors.
REI To Hold #OptOutside For Seventh Year
This November, REI will once again close its 171 retail stores, distribution centers, call centers, and headquarters on Black Friday. The closures mark the seventh straight year of its #OptOutside campaign.
Adidas To Sponsor UEFA Women’s Champions League
Adidas signed on as the exclusive global sponsor of UEFA Women’s Champions League. This marks the first global sponsorship of the multi-year broadcast partnership between UEFA, DAZN and YouTube.
Carbitex Announces Senior Leadership Transition
Carbitex appointed footwear industry veteran Rob Langstaff as CEO.
Nike Issues Vaccine Mandate For Office Employees
Nike revealed that it is mandating all office-based employees receive a COVID-19 vaccination.
Scheels To Open Second Store In Kansas
Scheels announced plans to open its second store in Wichita, KS. The retail location is set to open Spring 2023. The company’s first Kansas store opened in Overland Park in 2015.
Wedbush Hires Senior Equity Research Analyst, Footwear And Apparel
Wedbush Securities announced the appointment of Tom Nikic as senior equity research analyst in the consumer group.
Authentic Brands Group Appoints President For LATAM
Authentic Brands Group announced that Joseph N. Zarro had rejoined the company as President of Latin America.
Trade Associations Express Concerns Over Biden Administration’s China Trade Policy
Trade associations in the retail, footwear and apparel space expressed disappointment over United States Trade Representative Katherine Tai’s announcement on the Biden administration’s China trade policy that called for existing tariffs to remain in place while restoring the ability of U.S. importers to seek exemptions from those levies.
Piper Sandler Fall Teen Survey Finds Acceleration In Teen Spending
Piper Sandler’s 42nd Semi-Annual Generation Z Survey finds mid-single growth year-over-year in apparel and footwear spend, led by females. In the active lifestyle space, Nike remains the leading apparel brand for teens while Lululemon gained 200 basis points year over year; Nike is the No. 1 footwear brand—up 500 basis points year over year.
OBIT: Bernard Tapie
Bernard Tapie, the former majority owner of Adidas, has passed away at the age of 78 after a years-long battle with cancer.
Nike Debuts LeBron James Innovation Center
Nike Inc. debuted its 750,000-square-foot LeBron James Innovation Center, home for Nike’s innovation teams on its Beaverton, OR campus and five times the size of its previous Nike Sport Research Lab.
Smartwool Opens Second Location In Canada
Smartwool announced the opening of the brand’s second retail location in Canada. The store is located in Whistler Village in Whistler, BC.
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