Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities like going out to dinner and traveling despite the delta variant, the National Retail Federation said.
Category: Footwear
Sun & Ski Sports To Open Third Store In Washington D.C. Area
Sun & Ski Sports announced the opening of its 31st store at Arundel Mills Mall in Hanover, MD at the former site of Modell Sporting Goods.
SFIA Hires New Marketing And Communications Manager
The Sports & Fitness Industry Association (SFIA) has appointed Lisa Futterman as its marketing and communications manager.
Nike Renames Alberto Salazar Building
Nike has renamed the Alberto Salazar Building on its Beaverton, OR campus to Next%.
Foot Locker Raises Quarterly Dividend By 50 Percent
Foot Locker Inc. announced that its Board of Directors declared a quarterly cash dividend on the company’s common stock of 30 cents per share, an increase of 10 cents per share or 50 percent.
Fila Holdings’ Sales Expand 63 Percent In Second Quarter
Fila Holdings Corp. reported profits grew 198.2 percent in the second quarter as sales gained 63.1 percent. Sales for FILA USA grew 101.1 percent.
Li-Ning’s Sales Climb 65 Percent In First Half
Profits at Li-Ning rose 187 percent in the first half on a 65 percent revenue gain.
QBP Named Distributor Of Adidas Five Ten In Canada
Quality Bicycle Products has been named the new distributor of Adidas Five Ten cycling and climbing products in Canada.
ABG’s Debt Ratings May Face Downgrade If Reebok Acquisition Delays IPO
S&P Global Ratings revised the CreditWatch implications on Authentic Brands Group (ABG) to developing from positive as its pending acquisition of Reebok may delay its initial public offering.
Under Armour Appoints Board Member
Under Armour, Inc. announced that David Gibbs had been appointed to its Board of Directors effective September 1, 2021. Gibbs is the chief executive officer of Yum! Brands Inc., the parent of KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill restaurants.
New Balance Sues Michael Kors For Trademark Infringement
New Balance has filed a lawsuit in United States District Court District Of Massachusetts charging Michael Kors infringed on the shoe brand’s trademarks.
Sequential Brands Group Sells Ellen Tracy And Caribbean Joe Brands
Sequential Brands Group has sold the Ellen Tracy and Caribbean Joe brands to GMA Group for a total of $20 million, according to a regulatory filing.
StockX Adds Board Member
StockX announced the appointment of its newest board member, Stacy Brown-Philpot.
Nike Opens Rise Store Concept In Seoul
Nike is expanding its tech-driven Rise concept to Seoul, Korea. The opening follows the launch of its first Rise retail concept store in Guangzhou, China last summer.
Neiman Marcus Appoints SVP Of Digital Business & Customer Strategy
Neiman Marcus Group announced the appointment of Renée Paradise as senior vice president of digital business & customer strategy.
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