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Category: Footwear

Caleres’ Principal Accounting Officer to Retire

June 14, 2025 SGB Update

Caleres, Inc. reported that Todd Hasty, SVP, chief accounting officer, plans to retire, effective October 17, 2025 after nearly 22 years of service with the company.

U.S. Consumer Sentiment Jumps as Inflation Expectations Improve

June 14, 2025 SGB Update

Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and tariff concerns lessen.

Survey: Retailers Passing Along 51 Percent of Tariff Costs

June 14, 2025 SGB Update

A survey of  U.S. e-commerce executives finds 76 percent said had increased the price of goods to mitigate the cost of the new and expected tariffs. On average, retailers are passing along 51 percent of the cost of Trump’s import taxes.

Strava Nets $2.2 Billion Valuation in Funding Round

June 13, 2025 SGB Update

The funding follows the acquisitions earlier this year of AI-driven training apps Runna and The Breakaway, as well as the continued growth of the platform, which now has over 150 million reported global users.

CNBC/NRF Retail Monitor Notes Robust Sporting Goods Sector Continued into May

June 13, 2025 SGB Update

Growth in the Clothing, Footwear and Accessories store sector decelerated from the April trend. The category that includes Sporting Goods stores was up 8.2 percent y/y unadjusted in May after a robust 9.2 percent y/y gain in March.

Grassroots Outdoor Alliance Names Top Retailer Members and Vendor Partners for 2025

June 12, 2025 SGB Update

The retailer-owned network of 105 independent outdoor retailers and 67 vendor partners, working together to grow the specialty outdoor retail network, named Trail Creek Outfitters Retailer of the Year and Patagonia Vendor of the Year for 2025.

Dick’s SG Joins Top 50 Most Patriotic Brands for First Time; New Balance Falls in Rankings

June 12, 2025 SGB Update

Nike, Wilson Sporting Goods, LL Bean, Gatorade, New Balance, Converse, and Dick’s Sporting Goods all earned spots on Brand Keys 24th Annual Most Patriotic Brands survey of the Top 50 U.S.-based brands that embody the value “patriotism.” The NFL, NBA and MLB also made the list. Dick’s made the list for the first time.

Indoor Malls Lead Overall Mall Foot Traffic Growth in May; Consumer Median Income Dips

June 12, 2025 SGB Today

The rise in mall visits for a second month in a row suggests that April’s positive year-over-year visit trends were more than a temporary pull-forward of consumer demand in response to tariff uncertainty.

EXEC: Academy’s Chief Merchant Talks Jordan Launch, Nike Brand Success, Tariff Disruption

June 12, 2025 SGB Executive

Following the retailer’s first-quarter results report, Academy’s EVP and Chief Merchant Matt McCabe added more highlights from the business, including the promise to introduce the Jordan brand, a strong response to expanding Nike product and market share gains among higher-income households.

K-Swiss Appoints Anwar Carrots as Creative Director of New Premium Line

June 12, 2025 SGB Update

K-Swiss appointed Anwar Carrots, the creative director and founder of the Los Angeles-based streetwear brand Carrots by Anwar Carrots, as creative director of K-Swiss Racquet Club (KSRC), its new premium line.

EXEC: Trump Announces U.S. and China Have Reached Trade Deal With 55 percent Tariff

June 12, 2025 SGB Executive

President Donald Trump declared the trade war with China “done” Wednesday, while Commerce Secretary Howard Lutnick said tariffs on Chinese goods will be locked in at the current 55 percent rate without additional increases.

Target Increases Quarterly Dividend

June 12, 2025 SGB Update

Target Corp. declared a quarterly dividend of $1.14 per common share, a 1.8 percent increase from the prior quarterly dividend of $1.12.

Tommy Bahama Parent Revises Fiscal 2025 Guidance as EPS Shrinks Year-Over-Year

June 11, 2025 SGB Update

Oxford Industries, Inc., parent of the Tommy Bahama, Lilly Pulitzer and Johnny Was brands, reported consolidated net sales for the fiscal 2025 first quarter ended May 3 were $392.9 million, a 1.3 percent decline compared to $398.2 million in the fiscal 2024 first quarter.

EXEC: Trump Tariffs Having Little Impact on Retail Footwear Prices

June 11, 2025 SGB Executive

The May Consumer Price Index (CPI) came in cooler than expected, defying fears that the impact of President Trump’s tariffs would start to show a rise in prices. A separate analysis by the FDRA indicates that footwear prices in May likewise declined year-over-year.

Nike Appoints Director, Waste & Circularity

June 11, 2025 SGB Update

Alice Hartley was previously director of circularity at Under Armour after spending 11 years at Gap, Inc. as director of Product Sustainability and Circularity.
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SGB Today

Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners

Indoor Malls Lead Overall Mall Foot Traffic Growth in May; Consumer Median Income Dips

June 12, 2025

Adidas Partners with Spanish Soccer Club, Sevilla

June 11, 2025

Game One Forms Apparel Partnership With University of Indianapolis

June 11, 2025

USTA Commits Another $5 Million to Grow Local Tennis Programs

June 10, 2025

Puma Golf Reimagines the Helsinki for On-Course Performance

June 6, 2025

Report: StockX Puts More Protections in Place to Stymie Counterfeiters

June 5, 2025

Study: Why Retailers Risk Loyalty with Tariff-Based Price Hikes

June 5, 2025

Under Armour Replaces New Balance as University of Denver Partner

June 4, 2025

Culture Shift: Americans Are Ditching Fitness Influencers and Trusting Themselves

June 4, 2025

Birkenstock Introduces Self-Care Footwear Line at LA Pop-Up Shop

June 2, 2025

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