Comparable store net sales for the 5-week period ended April 5 increased 3.7 percent year-over-year. The two-month YTD period comped up 1.6 percent year-over-year.
Category: Footwear
Piper Sandler Survey Reveals Nike, Lululemon and Stanley Losing Teen Mindshare
The latest Piper Sandler Taking Stock With Teens survey for spring 2025 found Ugg has moved up the most (two spots with 4-points in share gains year-over-year), followed by On Running (two spots with 1-point in share gains year-over-year).
NRF Expected Cargo Traffic to Drop Dramatically Before Latest Tariff Moves
The latest Global Port Tracker report released on April 9 by the NRF and Hackett Associates suggests cargo traffic will drop dramatically beginning next month; however, that outlook might change given the changes in the tariff picture.
Costco Sees March Comps Grow 9.1 Percent x-Gas; E-Commerce Up High Teens
Costco reported net sales of $25.5 billion for the retail month of March, the five weeks ended April 6, 2025, an increase of 8.6 percent from $23.5 billion in fiscal March last year.
EXEC: Trump Admin Hits “Pause” on Most Higher Tariffs; Bumps China to 125 Percent
U.S. President Donald Trump either reminded the markets that he authored “The Art of the Deal” or awoke Wednesday to the reality that the U.S. bond and stock markets were going to drag down his legacy. Either way, there is broad relief coming.
Fleet Feet Franchisee to Open Third North Carolina Store in Jacksonville
Michelle Fogle opened her first Fleet Feet store at the Forum Shopping Center in Wilmington, NC 10 years ago, followed by a second Wilmington location two years ago.
EXEC: JD Sports Revises Medium Term Plan as Sport Fashion Market Growth Slows
The parent company of the JD, Hibbett, Finish Line, DTLR and Shoe Palace retail brands in the U.S. now expects the sport fashion sector to grow at a slower rate over the medium term and is adapting its plans to capitalize on growth opportunities and the investments already made in infrastructure over the last two years.
EXEC: JD Sports Posts “Broadly Flat” FY 2025 Sales; Sees Comp Sales Lower in FY 2026
The parent of the JD, Hibbett, Finish Line, DTLR and Shoe Palace retail brands in the U.S. reported 5.8 percent organic revenue growth for the 2025 fiscal year ended February 1. Total revenue in fiscal 2026 is expected to grow due to the impact of the acquisitions the company made during fiscal 2025.
Adidas Originals Returns to Golf
The full range of apparel, footwear and accessories for Originals Golf was relaunched on April 3. Adidas-sponsored athlete Ludvig Aberg will wear select pieces at this year’s first major golf tournament.
The Athlete’s Foot Promotes Matt Lafone to CEO
Matt Lafone, president and GM of Americas, takes the helm as global CEO, steering TAF toward a unified vision with new operational and innovation strategies.
Former Puma CEO Jochen Zeitz to Exit Harley Davidson Leadership Role
The Board of Directors of Harley-Davidson, Inc. has confirmed that it is currently engaged in an ongoing CEO search process as part of the Board’s succession planning responsibilities.
VF Corp. Promotes Abhishek Dalmia to EVP and Chief Operating Officer
The company’s Board of Directors has named Dalmia as EVP and chief operating officer and principal operating officer, effective April 3, 2025. He has served as EVP and chief strategy, transformation and digital officer since March 2024.
Puma SE Promotes Tara McRae to President of North America Unit
McRae, who previously led Puma’s marketing and brand strategy in North America, will assume the role immediately, replacing Bob Philion, who leaves the company after 20 years, including eights years as North America president.
EXEC: Trump Threatens to Push China Tariffs to 104 Percent Total
At issue was what Trump said was an effort to strike a trade deal with China that would be fair to both sides. China’s latest move on Friday to assess a 34 percent retaliatory tariff apparently lit the fuse as Trump threatened to add another 50 percent to the total tariff.
EXEC: Rip Curl and Oboz Owner First Vendor to Re-Direct Inventory Destined for U.S.
KMD Brands said that until its has more clarity on changes to consumer demand in the U.S., the Group will redirect some U.S. inventory to other key global markets, or hold inventory with existing international 3PL partners.
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