Imports at the nation’s largest retail container ports should hit yet another record in August as consumer demand continues to stretch supply chains and retailers shift from the back-to-school season to the peak shipping season for winter holiday merchandise, according to the monthly Global Port Tracker report released by the National Retail Federation.
Category: Footwear
Mike Ashley To Step Down As CEO Frasers Group
Frasers Group, the owner of Sports Direct, EMS and Bob’s Stores in the U.S., said Mike Ashley would step down as CEO next year. He will be succeeded by Michael Murray, who is head of elevation at Fraser Group.
Adidas North America Appoints New President
Adidas said Rupert Campbell will succeed Zion Armstrong as president Adidas North America, effective January 1, 2022.
Rally House Debuts Sooners Flagship Store
Rally House is opening its second store in Oklahoma. Its newest location is in Norman, OK.
The Buckle’s July Sales Expand 34 Percent
The Buckle Inc. announced that total net sales for the 4-week fiscal month ended July 31, 2021 increased 33.8 percent to $93.7 million.
DSW And Hush Puppies Announce Exclusive Wholesale Partnership
DSW Designer Shoe Warehouse reached an agreement with Wolverine Worldwide to become the exclusive in-store distributor of Hush Puppies beginning in 2022.
Crocs Announces Commencement Of Offering Of $350 Million Senior Notes
Crocs Inc. announced the commencement of a $350 million offering of senior notes due 2031 in a private offering.
Adidas Increases Full-Year Outlook As Top-Line Momentum Accelerates
Adidas AG said it now expects sales to expand up to 20 percent for 2021 after reporting currency-neutral sales grew 55 percent in the second quarter. Currency-neutral sales gains of 99 percent in EMEA and 87 percent in North North America helped offset a decline of 16 percent in Greater China.
Keen Pulls Out From OR Show Cites COVID-19 Delta Variant
Keen announced in a statement it would not attend the Outdoor Retailer Show in Denver, CO next week due to the recent spike in COVID-19 cases and, in particular, the Delta variant.
The Athlete’s Foot Sees 40 Percent First-Half Gain
For the first half of 2021, The Athlete’s Foot (TAF) reported a strong retail sales growth of above 40 percent. Also, Intersports International Corporation (IIC) and Arklyz Group AG (Arklyz) announced the successful closing of the deal to sell 100 percent of the global TAF business to Arklyz, owner of Intersocks, on July 30, 2021.
Boot Barn’s Sales Double In First Quarter
Boot Barn Holdings Inc. reported a profit against a small loss in the first quarter ended June 26 as sales gained 107 percent. The retailer also cited strong growth against its first fiscal quarter ended June 29, 2019, two years ago.
Former Nike Marketing Manager Sentenced In Scheme To Defraud Company
A former marketing manager at Nike, Inc. was sentenced to more than two-and-a-half years in federal prison today for perpetrating a scheme to defraud his former employer and a childhood friend, according to a press release from Oregon’s U.S. Attorney’s Office.
Iconix Announces Redemption Of 5.75 Percent Convertible Notes
Iconix Brand Group Inc., which is in the process of going private, announced it has caused to be delivered a Notice of Full Conditional Redemption to the trustee of its outstanding 5.75 percent convertible senior notes due 2023.
Weyco’s Sales Rebound In Second Quarter
Weyco Group Inc. reported sales for the second quarter of 2021 were $57.6 million compared to second quarter 2020 net sales of $16.6 million.
Rocky Brands’ Revenues Expand More Than Two-Fold In Q2
Profits at Rocky Brands Inc. rose 59.5 percent in the second quarter ended June 30 on a 134.2 percent revenue gain.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal