Moody’s Ratings, in an update, said that while a pause in some tariffs lessens the profitability hit, it’s maintaining a negative outlook on the Global Retail and Apparel sector, as tariffs are expected to “materially” impact earnings through the first quarter of 2026, with apparel and footwear sellers particularly vulnerable.
Category: Footwear
EXEC: OrthoLite Founder Glenn Barrett Talks Fresh Opportunities via Coats Group Merger
SGB Executive spoke with Glenn Barrett, founder and CEO of insole maker OrthoLite, about the opportunities created for its flagship brand, Ortholite, and Cirql, its upstart featuring biodegradable foam, following its pending merger with London-based Coats Group Plc.
Skechers’ Investor Loses Bid To Block Take-Private Deal
A California federal judge refused to block private equity 3G Capital from taking Skechers private for $9.4 billion, finding that the pension plan that owns Skechers’ shares failed to show it would be irreparably harmed without the injunction.
Nordisk Forms Partnership to Expand In China
The Danish outdoor brand entered a partnership with K2 Korea and China’s BA Capital to establish a strategic joint venture in China, including the opening of the first Nordisk stores in the country.
Study: Private Label is Quietly Taking Share from Established Brands
This latest First Insight study on private label trends offers a macro view of how shifting consumer perceptions and behaviors around private label products are influencing trial, loyalty and the decisions retailers must make in a changing economic and competitive landscape.
Arc’teryx to Open Store in Bethesda, Maryland
The store at Westfield Montgomery Mall in Bethesda, MD, is expected to open this fall. The outdoor brand, owned by Amer Sports, operates two stores nearby in Washington, D.C., including one in the Georgetown area.
Survey: Dads Lead Move to Earlier BTS Shopping Trend
A survey commissioned by Smarty, a rewards app, found 70 percent of U.S. consumers are starting their BTS shopping earlier than in previous years amid tariff concerns, with dads taking the lead across nearly every category, from spending more to prioritizing quality.
EXEC: Study Forecasts Continued Rapid Growth for Padel, Including in the U.S.
Playtomic’s “Global Padel Report 2025” found padel clubs increased 22 percent globally in 2024, with significant growth in Southern Europe. In the U.S., the sport is still in its early stages, but faster expansion is expected in 2026, with “real acceleration” projected for 2027.
Tiger Finance Appoints Managing Director, National Sales
Tiger Finance, which has invested in several active lifestyle and retail businesses, promoted Jason Rae, an asset-based lending veteran, as managing director, National Sales. Rae previously co-led Tiger Valuation Services’ Business Development team and covered the New England and Canadian markets.
Li & Fung Acquires UK-Based Hosiery Supplier Orrsum
Hong Kong-headquartered supply chain management company Li & Fung has acquired Orrsum, a UK-based manufacturer of hosiery, underwear and loungewear, for an undisclosed amount.sed sum. Founded in 1998, Orrsum reports that it produces over 50 million pairs of socks for distribution to more than 5,000 retail doors worldwide each year.
Centric Brands Appoints President of Kid’s Division
Based in New York, Rob Smith will report directly to CEO Jason Rabin as president of the company’s Kids’ Division and join the company’s executive leadership team. He replaces Steve Pinkow who has served as Kid’s Group president for 17 years.
Survey: Asics, Bass Pro, Golf Galaxy, Red Wing, and Timberland Make U.S. Best Retailers List
Red Wing Shoes came in at the top of the active lifestyle brands as the brand ranked No. 6 overall, while Golf Galaxy ranked No. 7 in the survey’s report. Other retailers in the active lifestyle space with high rankings in the survey included Asics (17), Timberland (19) and Bass Pro (25).
Asics Recommits to Boston; Signs Lease on Downtown Office Space
The company has signed a lease to occupy 44,000 square feet of office space at 179 Lincoln Street in downtown Boston, a slightly smaller location compared to its nearby Boston headquarters, which measures 60,000 square feet and opened in 2018.
Authentic Brands Group Warns Market of Employment Scam
These scams are often initiated via email, employment websites and social media, and may include fake interview requests, offer letters or attempts to collect personal and financial information.
Raleigh’s Runologie Shutters
The only independently owned and operated specialty running store in Raleigh was located at 1614 Automotive Way near the Mordecai neighborhood. The store closed on June 30
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