Puma and Porsche Design have entered into a strategic partnership to bring a new line of high-end sportswear, footwear and accessories to the market, starting in the Spring/Summer 2019 season.
Category: Footwear

Nordstrom Holiday Same-Store Sales Rise 1.3 Percent
Nordstrom, Inc. announced a comparable sales increase of 1.3 percent for the nine weeks ended January 5. Full-Price sales were below the company’s expectations due to weak traffic and the department store operator now expected fourth-quarter earnings at the lower end of guidance.

Dick’s Ed Stack Discusses Purposeful Leadership At NRF Big Show
At a session, “Company Conscience: Leading With Conviction,” at the NRF Big Show in New York City, Ed Stack, chairman and CEO at Dick’s Sporting Goods, discussed the retailer’s efforts to ensure a work/life balance for its employees and the retailer’s commitment to community that’s reflected both in its Sports Matter funding program and controversial decision to change its gun policy.

Companies Update Guidance In Advance Of ICR Conference
Late Friday afternoon and early Monday morning saw a host of preliminary sales and updated guidance releases from companies presenting at the ICR Conference, being held in Orlando, FL. Here’s a roundup of what retail and consumer brands announced over the last couple of days.

JCPenney Announces Executive Leadership Changes
J. C. Penney Co. Inc. on Monday announced a series of leadership actions taking place over the next few months that will assemble a cross-functional executive team that merges the talents and perspectives of new and existing industry leaders to focus on the needs of the value-based consumer and position the company for growth.
Sportsman’s Warehouse Appoints Martha Bejar To Board Of Directors
Sportsman’s Warehouse Holdings Inc. on Monday announced that Martha Bejar has been appointed to the company’s board of directors, effective February 3, 2019. Following her appointment, the board will include eight members.

Big 5 Sporting Goods Same Store Sales Up 1.1 Percent In Q4
Sporting goods retailer Big 5 Sporting Goods Corp. on Monday reported sales results for the fiscal 2018 fourth quarter and full year ended December 30, 2018.
Shoe Carnival Raises Fiscal Year 2018 Guidance
Shoe Carnival Inc. on Monday updated its sales and earnings guidance for the fiscal year ending February 2, 2019. The company also introduced an outlook for fiscal year 2019.

Skechers Breaks Ground on Corporate Headquarters Expansion
Skechers USA Inc. on Friday broke ground on an expansion of the Skechers Corporate Headquarters that will span several adjacent buildings in Manhattan Beach and Hermosa Beach, CA.
Tilly’s Sees 5.8 Percent Increase In Holiday Sales
Tilly’s Inc. said xomparable store net sales, including e-commerce, increased by 5.8 percent for the holiday period compared to an increase of 0.4 percent for last year’s holiday period.
Crocs Raises Fourth-Quarter Revenue Guidance
Crocs now anticipates fourth quarter revenues of $211 to $214 million; prior guidance was $195 to $205 million.
Genesco’s Q4 Comps Gain 4 Percent
Genesco Inc. reported fourth quarter same-store sales increased 4 percent while reiterating its most recent EPS guidance.
Oboz Footwear Named Official Footwear Of Mount Washington Observatory
Oboz Footwear has entered into a one-year sponsorship agreement with the Mount Washington Observatory (MWO) as its Official Footwear Provider.
Columbia Sportswear Tim Boyle Urges White House, Congress To Reopen National Parks
“Make America’s Parks Open Again,” Columbia Sportswear Company’s Tim Boyle pleaded in a full page ad that ran Friday in The Washington Post.
Adidas Terrex Signs Ultrarunner Tom Evans
The Adidas Terrex trail running team named ultrarunner Tom Evans to its roster.