Footwear

Kohl’s Appoints Kingsbury As CEO

Feb 3, 2023SGB Updates

The Kohl’s Corporation's board of directors has unanimously appointed Tom Kingsbury as Chief Executive Officer, effective immediately. (Read More)

Deckers Brands Lifts Outlook As Hoka’s Q3 Revenues Surge Over 90 Percent

Feb 2, 2023SGB Updates

Deckers Brands raised its guidance for its fiscal year as sales and earnings in the fiscal third quarter surpassed Wall Street's consensus targets on a 90.8 percent jump in Hoka's revenues. Ugg's sales dipped 1.6 percent in the period. (Read More)

Columbia Sees Q4 Net Income Fall 20 Percent Despite Solid Sales Growth

Feb 2, 2023SGB Updates

Columbia Sportswear Company reported that fourth-quarter net sales increased 4 percent (8 percent constant-currency) to $1.17 billion from $1.13 billion for the comparable period in 2021. (Read More)

Skechers Posts Double-Digit Q4 Sales Growth

Feb 2, 2023SGB Updates

Skechers U.S.A. Inc. reported a modest gain in earnings in the fourth quarter ended December 31 on an adjusted basis as sales grew 13.5 percent. Both earnings and sales exceeded Wall Street's estimates and Skechers predicted growth in the range of 4 percent to 8 percent for the current year. (Read More)

Crate & Barrel Taps 20-Year Nike Vet For COO Role

Feb 2, 2023SGB Updates

Crate & Barrel Holdings, Inc. hired Mike Brewer as chief operating officer. He brings a broad range of experience, including 20 years working at Nike, Inc. (Read More)

NRF Economist Sees 2023 Recession As Unlikely Prospect

Feb 2, 2023SGB Updates

The National Retail Federation Chief Economist, Jack Kleinhenz, believes a recession is unlikely in 2023, and the economy should see slight growth for the year as consumers continue to manage through inflation and high interest rates. (Read More)

The Buckle Posts 6.1 Percent Comp Store Sales Gain In January

Feb 2, 2023SGB Updates

The Buckle, Inc. comparable store net sales increased 6.1 percent for the 4-week fiscal month ended January 28 versus the comp month in the prior year. (Read More)

Black Diamond Equipment Appoints New Brand President

Feb 2, 2023SGB Updates

Black Diamond, Equipment, Ltd., a subsidiary of Clarus Corp., appointed Neil Fiske as brand president. Fiske is responsible for "accelerating growth and increasing profitability by capitalizing on attractive expansion opportunities across various categories, channels and regions." (Read More)

Canada Goose Cuts Outlook On Weaker China, North America

Feb 2, 2023SGB Updates

Canada Goose Holdings Inc. reported earnings and sales came in below guidance in the fiscal third quarter ended January 1 and lowered its outlook for the year due to worse-than-expected COVID-19 related disruptions in Mainland China and slowing momentum in North America. (Read More)

Costco January Comps Fall 15.4 Percent

Feb 1, 2023SGB Updates

Costco Wholesale Corporation reported net sales of $16.84 billion for the retail month of January, the four weeks ended January 29, 2023, an increase of 6.9 percent from $15.76 billion last year. (Read More)

Kohl’s Appoints Kingsbury As CEO

Deckers Brands Lifts Outlook As Hoka’s Q3 Revenues Surge Over 90 Percent

Columbia Sees Q4 Net Income Fall 20 Percent Despite Solid Sales Growth

Skechers Posts Double-Digit Q4 Sales Growth

Crate & Barrel Taps 20-Year Nike Vet For COO Role

NRF Economist Sees 2023 Recession As Unlikely Prospect

The Buckle Posts 6.1 Percent Comp Store Sales Gain In January

Black Diamond Equipment Appoints New Brand President

Canada Goose Cuts Outlook On Weaker China, North America

Costco January Comps Fall 15.4 Percent

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