Sales across the $28 billion U.S. outdoor industry declined by 1 percent in the 12 months ending April 2023, versus the comparable prior-year period, impacted by consumers spending less on big-ticket equipment items and instead buying backpacks, blankets, camping accessories, and other versatile products.
Category: Footwear
Retail Market Breathes A Sigh Of Relief As West Coast Ports Deal Reached
The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) announced a tentative agreement on a new six-year contract covering workers at all 29 West Coast ports.
Retail Sales See Slight Uptick In May; Sporting Goods Stores Up 2.5 Percent
Retail sales increased 0.3 percent from April to May and gained 1.6 percent year-over-year. Economists polled by Reuters had forecast sales would decline 0.1 percent month-over-month.
Johnston & Murphy Hires VPs Of Stores And Business Operations
Johnston & Murphy hired Connie Cartmill, most recently at Janie & Jack, as vice president of stores and Steve Prince, formerly at New Balance, as vice president of business operations.
Sport 2000 Reaches €6.5 Bn In 2022 Sales; SGN Sports Leaving Group
Sport 2000 International, the world’s second-largest trade organization for independent sports retailers with 3,586 stores in 25 countries, recently reported it is reflecting on a successful year, closing the 2022 financial year with gross retail sales of €6.5 billion.
REI Workers Union Adding Pressure With Unfair Labor Practice Allegations
The Retail, Wholesale and Department Store Union (RWDSU) announced it would be filing Unfair Labor Practice charges (ULPs) against REI, Inc. in the Cleveland (Beachwood, OH) and SoHo (Manhattan, NY) unionized stores.
Grassroots Moving Spring Connect Show To Reno In 2024
Grassroots Connect, the twice-annual retail buying show of Grassroots Outdoor Alliance, will move its June show to Reno, NV, beginning in 2024.
REI To Open Re/Supply Store In Clackamas, OR This Summer
REI Co-op will open a Re/Supply store selling used gear and apparel in Clackamas, OR in late August 2023. Located in the Clackamas Town Center, the 16,113-square-foot store will open a few doors down from the co-op’s existing store which opened in 2007.
Authentic and Aldo Group Expand Brooks Brothers Brand Footwear Range
Authentic Brands Group (Authentic) and the Aldo Group have partnered to launch an expanded assortment of men’s footwear and small leather goods for Brooks Brothers one of America’s most beloved and longest-established brands.
Report: May Retail Sales Grow 2 Percent On ASP Growth; Apparel Declines
U.S. retail sales revenue in May 2023, including discretionary general merchandise and consumer packaged goods (CPG), increased 2 percent compared to the same month last year, even as unit sales declined 3 percent, according to data from Circana, formerly IRI and The NPD Group.
Stitch Fix Hires Former Macy’s Exec As CEO
Stitch Fix, Inc. announced that Matt Baer, former chief customer and digital officer at Macy’s, Inc., was hired as CEO and appointed as a member of the Board of Directors, effective June 26, 2023. Founder, Interim CEO and Executive Chairperson of the Board, Katrina Lake, will work closely with Baer as he transitions into the role.
Caleres’ Debt Ratings Upgraded
S&P Global Ratings raised the debt ratings on Caleres, Inc. as the parent of Famous Footwear has sustained adjusted leverage in the low- to the mid-2x area, supported by moderating margin pressures and debt paydown under its asset-based lending (ABL) facility.
Kizik Names Chief International Officer
Kizik named Morgan Keldsen as its chief international officer. Most recently, Keldsen was the principal at Keldsen Consulting.
Puma’s Brand Chief Leaving As Global Marketing Moves From Boston To Herzo
As part of the implementation of its strategic priorities, Puma is reorganizing its Global Marketing Organization. The company said the decision lays the foundation for further elevating the Puma brand, one of the company’s three strategic priorities.
Superfeet Welcomes New CEO
Superfeet hired Nike veteran Trip Randall as CEO, whose experience in the footwear industry comes from working more than 23 years across a diverse range of positions at Nike including vice president and general manager of Nike Running in North America, global vice president and general manager of Nike.com and vice president of global sales and marketplace for Nike Kids.
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