Building on rapid growth in 2020, StockX reported a record-breaking Cyber Weekend, with daily gross merchandise value (GMV) averaging 100 percent growth compared to the same four-day period in 2019.
Category: Footwear
Caleres Appoints President
Caleres has appointed Jay Schmidt as president of the company as part of a number of changes to its leadership structure for a greater alignment with its strategic direction and growth initiatives.
Genesco Appoints Interim CFO
Genesco Inc. announced that Thomas A. George is joining the company as senior vice president, finance and interim chief financial officer, effective December 14, 2020. George succeeds Melvin G. Tucker whose resigned effective November 27.
SoulCycle Appoints New CEO
SoulCycle announced that Evelyn Webster will become its CEO in mid-December. Webster was most recently the CEO of Guardian News and Media’s international operations.
Without COVID-19 Vaccine, Americans Say No To Indoor Sporting Events
Even with wearing personal protective equipment and staying socially distanced, 67 percent of Americans surveyed said they would not attend an indoor sporting event without a COVID-19 vaccine, that according to a poll conducted by Seton Hall University’s Sharkey Institute. And fifty-eight percent of respondents said they would not attend an outdoor event under the same circumstances.
Surfline Secures Funding, Appoints CEO
Surfline\Wavetrak Inc., the company behind surf forecasting platform Surfline, announced an investment of $30 million by TCG. The company also announced the appointment of Kyle Laughlin as CEO. Laughlin succeeds Jeff Berg, who will play an active role in the company as executive chairman.
SGB Media Reports Top 20 Stories For November 2020
SGB Media has revealed its Top 20 read stories on SGBonline.com in November, according to stats compiled by Google Analytics.
SGB Media Sees Surge In Mobile Users As Web Page Views Jump 19 Percent
In a potential sign that the pandemic continues to influence how people consume content and shop, SGB Media saw its online media presence, SGBonline.com, post breakout numbers once again.
Amazon Third-Party Sellers Post Record Holiday Sales
Amazon reported independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, an increase of over 60 percent from last year.
Adobe Reports Cyber Monday Sales Expected To Climb Up To 21 Percent
Adobe Analytics projected Cyber Monday sales will range between $10.8 to $11.4 billion, becoming the largest online shopping day in U.S. history. Sales were up as much as 21 percent from a year ago.
Foot Locker CFO To Retire
Foot Locker Inc. announced the planned retirement of Lauren Peters, Foot Locker’s executive vice president and chief financial officer, with an expected effective date in April 2021.
Nike Lobbying Against Xinjiang Forced Labor Bill
Nike is among the major companies and business groups lobbying Congress to weaken a bill that would ban imported goods made with forced labor in China’s Xinjiang region, according to a report in the New York Times.
Under Armour Launches Steph Curry Brand
Under Armour on Monday launched the Curry Brand with NBA star Stephen Curry in a move being compared to Nike’s launch of the Jordan sub-brand in 1997.
Adobe Sees Online Sales Climb 22 Percent On Black Friday
Spending online on Black Friday this year surged 21.6 percent to hit a new record, according to data from Adobe Analytics.
Sensormatic Solutions Sees In-Store Traffic Tumble On Black Friday
Sensormatic Solutions, which employs cameras to measure in-store retail foot traffic, reported shopper visits resulted in a 52.1 percent decline in traffic on Black Friday, November 27, compared to 2019.
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