Ashley Reade will join the Australian surf brand in the coming months from Nike, where he is currently the vice president and general manager of Nike Pacific, responsible for growing the region to an AU$1 billion business.
Category: Footwear
EXEC: Stella Footwear Factories Ship 53M Pairs in 2024
The manufacturer of footwear for Nike, Saucony, Under Armour, Merrell, Timberland and Ugg saw Q3 shipment volumes roughly flat in US dollar terms, despite comping against a decrease of approximately 18.7 percent in Q3 last year.
Snipes Names Under Armour Vet as New Chief Marketing Officer, U.S.
The global street culture brand reported that Kelley Walton will lead the marketing organization in the U.S. to include all budget and marketing functions aligned with the company’s long-term vision
Lands’ End Sees Q4 Revenues Fall as Kids’ and Footwear Moves to Licensing
The 14.2 percent decrease in net revenue was reportedly driven by the transition of the kids’ and footwear product lines to licensing arrangements and optimizing promotional activity.
Authentic Brands Group Appoints Former Disney Exec as EVP, Head of India
Sanjeet Mehta will oversee the company’s strategy in India, focusing on expanding brand presence, forging strategic partnerships and driving revenue growth, working with Henry Stupp, regional president of the EMEIA.
Nike, Inc. Sees Turnaround Efforts Lasting through Fiscal 2026
Analysts were optimistic about the “Win Now” initiatives outlined by CEO Elliott Hill, but many shared concerns that the path ahead is likely to be long and volatile, pushing into the 2026 fiscal year, which commences in July 2025.
Shoe Carnival, Inc. to Re-Banner to Majority Shoe Station Stores Within 24 Months
The move to re-banner comes as the posted mixed results in Q4, with top-line sales of $262.94 million missing analysts’ consensus estimate of $274.21 million, while Adjusted EPS of 54 cents beat the consensus estimate of 43 cents per share.
Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
The company expects the first quarter to be the most challenging from a sales and earnings per share prospective as they plan to open five stores and transition to the new Jordan floor set but see the back half of the year to be stronger than the first half.
Famous Footwear Parent Caleres, Inc. Places Bigger Focus on Brand Portfolio for Growth
Famous Footwear total athletic footwear sales declined low-single-digits in Q4, albeit with solid growth from Adidas and New Balance. The boot category saw high single-digit sales declines, as expected.
EXEC: Designer Brands CEO Shares 2025 Plans for DSW, Topo Athletic, Keds and Private Label
The parent of DSW, The Shoe Co., and Rubino, and the Topo Athletic, Keds, Le Tigre, Hush Puppies, and other footwear brands, plans to focus on a larger athleisure assortment at retail and more focus on Topo Athletic, Keds and Private Label in the Brand Portfoloio.
EXEC: The Footwear Brands Bringing the Brand Heat in 2025
L.E.K. said the athletic footwear brands tend to engender the most excitement from consumers overall, and other surveys and analysis over the last year have seen even more excitement as Nike stumbled and left the door open for others.
EXEC: Citi Survey Sees Nike Perceptions Slip, Adidas Gain
The February survey saw Nike retaining the highest Net Promoter Score of all the brands surveyed at +43 in February (down from +46 in December), followed by Adidas in the No. 2 spot (up from the No. 4 spot in December).
Report: Online Resale is Expected to Reach $40 Billion by 2029
From integrating social commerce and AI applications to establishing trade organizations and interfacing with the government, ThredUp said it’s clear why resale has seen accelerated growth and a promising growth trajectory.
EXEC: Wall Street Lays Out Expectations Ahead of Nike’s Fiscal Q3 Results
Margins are a concern in the near term, given the need for Nike to liquidate inventory. While the company continues to pull back promotions on its website, outlet stores will continue to see increased pressure.
Report: February Perceived Stability at Retail Hides Deeper Fluctuations
While the steady appearance of retail performance carried through top-line views of discretionary general merchandise, retail food and beverage, and non-edible consumer packaged goods, underlying disruptions are emerging, reported Circana.
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