Footwear People

Nike Nets Tax Break For Distribution Center in Ontario, CA

Sep 28, 2020SGB Updates

Nike will earn a tax break as part of a deal to open a large e-commerce warehouse in Ontario, CA, according to a report in the San Gabriel Valley Tribune. (Read More)

Neiman Marcus Completes Chapter 11 Process

Sep 28, 2020SGB Updates

Neiman Marcus Holding Company, Inc. announced it has emerged from voluntary Chapter 11 protection, successfully completing its restructuring process. (Read More)

Implus Announces New Chief Information Officer

Sep 28, 2020SGB Updates

Implus LLC, the owner of a wide range of athletic, fitness and outdoor accessories, appointed Gwen Moilanen-Kollar as chief information officer. She was at Bed Bath & Beyond. (Read More)

Allbirds Raises $100 Million In Funding

Sep 28, 2020SGB Updates

Allbirds, the San Francisco-based casual footwear and sneaker maker, raised $100 million in financing in a funding round that valued the company at $1.7 billion, according to a report in the Wall Street Journal. (Read More)

Amazon Prime Day Set For October 13 And 14

Sep 28, 2020SGB Updates

Amazon said Monday that it will host its annual Prime Day sales event on October 13 and 14. Prime Day, which traditionally takes place in mid-July, had been postponed due to COVID-19. (Read More)

Survey Finds Landlords And Retail Tenants Compromise To Emerge Stronger Post-COVID-19

Sep 28, 2020SGB Updates

With close to zero revenue coming in the doors for many brick & mortar retailers during COVID-19 stay-at-home orders, retailers and their landlords are working to address outstanding rent obligations, the National Retail Federation, and PJ Solomon said. (Read More)

Academy Sports’ Debt Ratings Upgraded By S&P

Sep 28, 2020SGB Updates

The debt ratings of Academy Sports + Outdoors Inc. were raised by S&P Global Ratings as the retailer recently announced continued growth in the second quarter ended July and filed for a potential IPO. (Read More)

Asics Joins RE100

Sep 25, 2020SGB Updates

Asics announced that it has joined RE100, the global environmental initiative composed of member companies committed to relying solely on renewable energy for electricity in their businesses. As a member company of RE100, Asics will aim to use only renewable electricity across all Group companies by 2050. (Read More)

NFHS, NFL Announce Partnership To Promote High School Football

Sep 25, 2020SGB Updates

The National Federation of State High School Associations (NFHS) and the National Football League (NFL) have announced a partnership to promote growth and support for football at the high school level. (Read More)

Gap Inc. Expands Loyalty Program Across Banners

Sep 24, 2020SGB Updates

Gap Inc. said it is launching unique loyalty programs across the U.S. and Puerto Rico across each of its core brands: Navyist Rewards, Gap Good Rewards, Banana Republic Rewards, and Athleta Rewards, replacing its previous loyalty program, BRIGHT Rewards. Customers can earn and redeem rewards across its family of brands. (Read More)

Nike Nets Tax Break For Distribution Center in Ontario, CA

Neiman Marcus Completes Chapter 11 Process

Implus Announces New Chief Information Officer

Allbirds Raises $100 Million In Funding

Amazon Prime Day Set For October 13 And 14

Survey Finds Landlords And Retail Tenants Compromise To Emerge Stronger Post-COVID-19

Academy Sports’ Debt Ratings Upgraded By S&P

Asics Joins RE100

NFHS, NFL Announce Partnership To Promote High School Football

Gap Inc. Expands Loyalty Program Across Banners

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