Suzi Williams, non-executive director and chair of the company’s Remuneration Committee, submitted her intention to step down on November 1, 2024. On October 1, Williams will hand over the Remuneration Committee Chair role to Angela Luger.
Category: Footwear
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Report: Leisure Footwear, Portable Beverageware Rise to Top of BTS Shopping Lists
Circana said in a media release that this year’s BTS spending is following a pattern similar to last year, but it’s falling short of last year’s performance.
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Saucony x Jae Tips to Release the ‘To-Do List’ Collection
The collection, to be released in October, features the ProGrid Omni 9 and kids Shadow 6000s in vibrant colorways and design elements reflective of Tips’ signature style.
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EXEC: Nike and Adidas’ China Retail Partner Warns of Fiscal H1 Sales and Profit Decline
The company, which also manages retail operations in China for other “non-principal” brands, including Puma, Converse, Vans, The North Face, Timberland, Asics, Hoka, Skechers, the NBA, and other brand partners, reported that H1 profit is expected to decrease 35 percent year-over-year.
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EXEC: New Hibbett Parent JD Sports Names First U.S. Non-Executive Director
Prama Bhatt, a non-executive director on the company’s Board of Directors, joins the Nominations and Remuneration Committees and the Board of JD’s U.S. subsidiary, Genesis Holdings, Inc., effective September 23, 2024.
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EXEC: Biden Uses Executive Action to Stymie Temu and Schein Efforts in the U.S.
The actions would also protect U.S. textile and apparel manufacturers, noting the critical role they play in the U.S. defense industrial base and its support of hundreds of thousands of direct and indirect jobs in the United States.
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Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
The parent company of the Ugg, Hoka, Teva, Koolaburra, and Ahnu brands reported that its stockholders approved the forward stock split measure during its September 9, 2024 annual meeting.
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CNBC/NRF Retail Monitor Sees Strong Clothing, Footwear and Online Increases in August
Thanks to back-to-school, the Clothing, Footwear and Accessories sector soared in August, jumping 11.4 percent year-over-year. The sector that includes Sporting Goods fell 10.8 percent for the same period.
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Icons Bare it All for Timberland’s “Iconic” Campaign
Timberland said the “Iconic” campaign “shines a light on the spirit of fearlessness, empowerment and bold self-expression that defines each of these influential figures. Like The Original Yellow Boot, each person in the campaign is timeless, authentic and, above all, original.”
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Woxsen University Partners with Centre of Excellence’s Footwear Design & Dev. Institute
This Memorandum of Understanding is said to be a significant feat for the school, making Woxsen one of the only four Universities in India to participate in this collaboration, expanding its offerings in the realm of design and innovation.
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Tilly’s Co-Founder Appointed President and CEO, Removes Interim Tag
As the Co-Founder of this 42-year-old company, Hezy Shaked has served as interim president and chief executive officer since January 21, 2024, and previously as the company’s president and chief executive officer.
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EXEC: Caleres Brand Portfolio Sees Tough Q2 on SAP Update while Famous FW Improving
An ERP upgrade to SAP Cloud during the quarter was said to be a significant part of the problem as it impacted the Brand Portfolio business and helped push sales down 5.1 percent in that segment, but it was not the entire problem. CEO Jay Schmidt detailed the problems and the solutions implemented.
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Gearhead Outfitters To Host Grand Re-Openings of Former Summit Canyon Mountaineering Stores
A grand reopening of its newly re-branded stores in Glenwood Springs and Grand Junction, CO that were formerly known as Summit Canyon Mountaineering is scheduled September 12-15.
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EXEC: Tommy Bahama Parent Sees Economic Uncertainty Hit 45+ Affluent Consumer
Oxford Industries, Inc., the parent company of Tommy Bahama, Lilly Pulitzer and Johnny Was, continued progress on long-term strategic goals in Q2, but the company also said it fell short of delivering on its near-term financial targets.
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Superfeet Signs Sales Agency to Focus on Workplace Safety and Performance
LineDrive, a solutions-based sales agency that matches large-scale businesses with workplace safety tools to enhance workplace safety and productivity in the U.S. and Canada, will introduce Superfeet insoles to employers, to enhance workplace productivity and safety