Nike Inc.’s athletic apparel offering is gaining mindshare among consumers in four categories—innovation, fashion, style and value—mostly at the expense of Under Armour, according to a recent survey from Canaccord Genuity Capital Markets.
Category: Footwear
Oboz Footwear Adds Freestone Sales Group For The Rockies
Oboz Footwear, the outdoor footwear company headquartered in Bozeman, announced that Freestone Sales Group will be representing the brand in Colorado, New Mexico, Utah, and Wyoming.
Topgolf Opens 50th U.S. Venue In Greenville
Topgolf opened the doors to its second South Carolina location at 9 a.m. Friday in Greenville. The new three-level, 55,000-square-foot venue is the company’s 54th location worldwide.
Report: StockX Close To Securing $1B Valuation
StockX is close to securing a new funding round provides a valuation for the sneaker re-seller website of at least $1 billion, according to a report from Recode.
Foot Locker To Bring “Power Store” Concept To NYC
Foot Locker will open its first “Power Store” in New York City in the Washington Heights neighborhood at 605 W. 181st St. The 25,000-square-foot space is expected to open this fall.
Columbia To Support Planet Water Foundation On Earth Day
In honor of Earth Day, Columbia Sportswear will match all customer donations made to Planet Water Foundation at its U.S. retail stores on April 22, Earth Day.
Adidas Partners With Utah Jazz Youth Camps
Adidas has formed a partnership with Utah Jazz Youth Camps and Clinics. All participants will receive a Jazz/Adidas camp jersey, basketball, socks, Utah Jazz ticket credit and a pair of Donovan Mitchell’s D.O.N. Issue #1 shoes.
Columbia’s CEO Tim Boyle Speaks Up On Speaking Out
In an interview with the Portland Business Journal last December, Columbia Sportswear CEO Tim Boyle said one of his New Year’s resolutions was to get on President Donald Trump’s enemies list and he’s publicly taken on the Trump administration on issues ranging from immigration to the partial government shutdown and tariff dispute. Boyle said it’s a matter of principles.
Modell’s Confirms Hiring Of Restructuring Advisor
Mitchell Modell, CEO of Sporting Goods, confirmed to USA Today Network New Jersey that the retailer had retained a restructuring advisor but he also stated the family-owned chain has long-term plans to stay in business.
Skechers USA Shares Sink After Q1 Earnings Miss
Skechers USA, Inc. set a new quarterly sales record in the first quarter ended March 31 but the mid-single-digit sales growth was not enough to offset the bad taste in Wall Street’s mouth after a miss on earnings estimates.
Major League Soccer And U.S. Soccer Partner Partner With Headspace
Major League Soccer (MLS) and U.S. Soccer announced a three-year partnership with Headspace, one of the world’s leading meditation and mindfulness apps.
Kohl’s Commits $10 Million to Family Health And Wellness
Kohl’s announced it is deepening its commitment to families and communities through an expanded Corporate Social Responsibility (CSR) platform, shifting the company’s focus from children’s health to holistic family health and wellness.
Birkenstock’s David Kahan Talks About Fan Love
At FDRA’s Footwear Executive Summit, David Kahan, CEO, Birkenstock Americas, discussed today’s rapid pace of change and how change can be “scary.” But he said a large part of Birkenstock’s explosive growth in recent years has been driven by re-focusing on the passionate following – albeit initially small – that had long existed for the brand.
Under Armour’s North America President To Exit
Under Armour pInc. in a regulatory filing reported that Jason LaRose, president of its North America division, will be leaving the company on April 30.
March Retail Sales See Healthiest Gains Since Late 2017
Retail sales were up 1 percent in March seasonally adjusted from February and up 0.8 percent unadjusted year-over-year, the National Retail Federation said. NRF said the numbers could have been better if not for cold weather early in March and changes in the timing of two key religious holidays.
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