Dunham’s Sports plans to open its first Wyoming store this fall, in Rock Springs, adding a 23rd location to its portfolio. More stores in Wyoming are planned.
Category: Footwear
NPD Report: Back-To-School Athletic Footwear Sales Off To Healthy Start
Overall athletic footwear sales in the first six weeks of the back-to-school season, ending August 14, 2021, grew by 20 percent versus 2020 and in the high-single-digits versus 2019, according to the NPD Group.
U.S. Tennis Sales Surge In The First Half
New figures from The Tennis Industry Association and Sports Marketing Surveys show robust growth in U.S. tennis racquet, ball, and string sales in 2021.
Tilly’s Announces Record Quarterly Net Sales And Earnings
Tilly’s Inc. reported earnings nearly quadrupled in the second quarter ended August 1 as sales gained 49 percent.
Nordstrom’s Debt Ratings Lowered By Moody’s
Moody’s Investors Service downgraded Nordstrom Inc.’s debt ratings because its performance lagged the recovery demonstrated by many of its department store and off-price peers in 2021.
The Buckle’s August Comps Expand 43 Percent
Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 28, 2021, increased 42.7 percent year-over-year.
Genesco Delivers Record Second Quarter
Genesco Inc. delivered record second-quarter profitability for its footwear businesses that far exceeded expectations. Sales were up 25 percent at Journeys, up 48 percent at Schuh, and ahead 154 percent at Johnston & Murphy.
Hoka Opens First Two Stores
Hoka One One announced the opening of its first retail locations. The brick and mortar bi-coastal pop-ups will be located in New York City and Los Angeles.
Former Nike Football Head Joins Relo Metrics Board
Relo Metrics, the AI-powered sponsorship analytics platform formerly known as GumGum Sports, announced that Marc Reeves, former head of brand for football at Nike, has joined its Board.
Norrøna Invests In The U.S.; Adds Three Sales Agencies
Norrøna has strengthened its U.S. sales with the addition of agencies Summit Sales NW in the Pacific Northwest, Black Dog Sales Group in the Rocky Mountains and Intermountain West and Bluebird Sales Group in the Northeast.
Public Lands Announces Initial Conservation Partners
Public Lands, the outdoors-themed retailer from Dick’s Sporting Goods, announced the creation of The Public Lands Fund and partnerships with ten environmental nonprofit organizations.
Caleres Sees Q4 Revenues Climb 35 Percent
Caleres Inc. reported sales improved 34.7 percent in the second quarter ended July 31. The gains were driven by a 35.8 percent sales increase in the Famous Footwear segment and a 30.2 percent sales increase in the Brand Portfolio segment. Higher gross margins further helped the off-pricer deliver its most profitable quarter ever.
Sequential Brands Group Commences Voluntary Chapter 11 Proceedings
Sequential Brands Group Inc. announced that it, together with its wholly-owned subsidiaries, has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware.
Flip Raises $28 Million Series A Round
Flip, the Los Angeles-based social commerce app, announced that it closed a $28 million Series A round led by Streamlined Ventures, a Silicon Valley-based early-stage investment firm.
Allbirds Files To Go Public
Allbirds Inc. has filed with the Securities & Exchange Commission for an initial public offering. Net revenue rose to $219.3 million in 2020 from $193.7 million in 2019.
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