Construction for the new Skechers European Distribution Center in Liège, Belgium will be complete next month. Located close to Liège Airport, the 230,000-square-meter center’s close proximity to its longstanding Milmort site.
Category: Footwear
Boot Barn Again Hikes Outlook on Fiscal Q1 Beat, Tariff-Refund Benefit
Boot Barn Holdings, Inc. raised its earnings outlook for the year after reporting sales and earnings top expectations for the fiscal first quarter ended June 28. Sales jumped 17.7 percent in the quarter, with same-store sales ahead 4.7 percent.
EXEC: Rocky Brands Accelerates to Double-Digit Growth, Xtratuf Shines
Rocky Brands, Inc’s Q2 sales climbed 12 percent, its first double-digit gain in a quarter since 2022. Solid double-digit growth was seen by Georgia Boot, Rocky and the Lehigh safety shoe business, but Jason Brooks, chairman, president and CEO, told analysts that XTRATUF remained the company’s “fastest-growing brand.” Shares of Rocky Brands climbed 15 percent on the performance and improved outlook.
EXEC: Geox Sales Slump 11 Percent in First Half
Geox S.p.A., the Italian footwear brand, reported improved earnings in the first half, despite a 11.4 percent sales slump (-11.6 percent at constant exchange rates) due to a pullback in consumer spending, store closures, and weak store traffic.
VF Corp. COO Abhishek Dalmia Adding CFO Title to Current Role as Paul Vogel Plans Exit
The parent of a range of active lifestyle brands, including Altra, Icebreaker, Jansport, The North Face, Smartwool, Timberland, Vans, and more, reported Wednesday, July 29 that company CFO Paul Vogel will be stepping down from his role this quarter as current COO Abhishek Dalmia adds finance under his responsibilities.
Birkenstock Opens Stores in Boulder and West Palm Beach
Birkenstock Americas announced the opening of two new company-owned classic retail stores in the United States, located in Boulder, CO, and West Palm Beach, FL, marking the 21st and 22nd Birkenstock-owned retail locations in the U.S.
Nike Partners with Rush Soccer
Rush Soccer announced a new global partnership with Nike. Through the partnership, Nike and Rush Soccer will collaborate to support player development, club growth, coaching education, and youth participation initiatives throughout Rush’s global network.
EXEC: On Brand Opens First Store in the United Arab Emirates
On Holding officially opened its first store in the United Arab Emirates at the Mall of the Emirates in Dubai, marking the Swiss running brand’s third store in the Gulf Cooperation Council (GCC) region with plans to add another nine retail locations across the GCC over the next two years.
VF Corp. Raises FY Guide After Fiscal Q1 Gains at DTC, Altra, TNF and Timberland
The parent of the Altra, Jansport, The North Face, Smartwool, Timberland, and Vans brands had a solid start to its fiscal year by beating revenue and operating income guidance for the fiscal 2027 first quarter ended June 27.
Dick’s to Open House of Sport in San Jose
Dick’s Sporting Goods plans to open a House of Sport store in San Jose, CA, replacing a nearby traditional store. Dick’s plans to open 14 House of Sports stores in 2026 and 18 next year, bringing the total to 67 stores at the close of 2027.
EXEC: Hoka’s Growth Momentum Expected to Reawaken as Distribution Broadens
Although some analysts following Deckers Brands are concerned about heightening competition in the run category, most remain confident that Hoka will be able to accelerate growth in the second half of its current fiscal year with the help of new models and door expansion, including news of its opening up sales to the UK’s Sports Direct.
Vida Shoes Acquires Donald Pliner
Vida Shoes International Inc. has acquired the Donald Pliner brand, including all associated intellectual property and brand assets. Terms were not disclosed.
EXEC: Quebec Outdoor Retailer, La Cordée, Files For Creditor Protection
Quebec-based outdoor retailer La Cordée filed for creditor protection for the second time in six years. According to court documents, the five-store chain owes more than $17 million in liabilities.
EXEC: Coats Group Sees OrthoLite’s Sales Dip in First Half
Coats Group plc reported revenue at its Ortholite insole business declined in the first half ended June 30 on a pro-forma basis due to challenging year-ago comparisons and temporary capacity issues in Indonesia. OrthoLite is projected to return to growth in the second half.
EXEC: Frasers Acquires Scotland’s Greaves Sports
Frasers Group, the parent of Sports Direct, announced the acquisition of Greaves Sports, which operates a famed six-story flagship in Glasow, Scotland.
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