Foot Locker, Inc. reported in a regulatory filing that W. Scott Martin, formerly EVP, chief strategy and corporate development officer, has left the role on May 24 and will depart from the company on June 23.
Category: Footwear
Sportsman’s Warehouse Appoints Chief Merchant
Sportsman’s Warehouse Holdings, Inc. announced it has hired Sherry Jane Love as senior vice president of merchandising. Love will be responsible for the company’s omni-channel merchandising business and private brand development.
Allbirds Expands Wholesale Distribution To Nordstrom
Nordstrom said it will start selling Allbirds in 14 select stores. In early May, Allbirds announced its first two retail partners— Public Lands, a banner of Dick’s Sporting Goods, in the U.S., and Zalando in Europe.
The Athlete’s Foot Owner Acquires Shoe City
Arklyz, the parent of The Athlete’s Foot (TAF), announced its acquisition of Shoe City, the Baltimore-based sneaker and streetwear lifestyle retail chain along with an online platform, ycmc.com.
Skechers To Become Pickleball Sponsor
Intersport and the Association of Pickleball Professionals (APP) Tour, USA Pickleball and Major League Pickleball (MLP) have entered into multi-year agreements that makes Skechers the Official Footwear Company of each pickleball organization.
Hibbett Reiterates FY Guidance After Challenging First Quarter
Hibbett Inc., as expected, reported first-quarter results well below year-ago levels that were also just short of Wall Street’s consensus targets. Hibbett said results were in line with internal plans while reiterating full-year guidance. Comps were down 18.9 percent year over year but ahead 22.9 percent against the pre-pandemic first quarter of 2019.
The Buckle Q1 Profits Show Slight Decline
Buckle, Inc. announced that net income for the fiscal quarter ended April 30, 2022 was $55.3 million, or $1.12 per share, slightly down from $57.3 million, or $1.16, for the first quarter of fiscal 2021.
Burlington Stores Q1 Sales Arrive Below Plan
Burlington Stores, Inc. reported same-store sales decreased 18 percent for the first quarter ended April 30, missing expectations.
Macy’s Lifts Earnings Outlook After Strong Quarterly Report
Macy’s Inc raised its annual profit forecast after reporting earnings and sales topped Wall Street estimates in the first quarter.
Callaway Golf Announces $100 Million Stock Repurchase Program
Callaway Golf Company announced that its Board of Directors has authorized the company to repurchase up to $100 million of the company’s common stock in the open market or in private transactions.
Genesco Tops EPS Expectations In First Quarter
Genesco, Inc., the parent of Journeys, reaffirmed its guidance for the year after reporting that first-quarter earnings surpassed Wall Street estimates.
JD Sports Founder And Chairman Steps Down
J.D. Sports Fashion Plc announced that due to an ongoing review of its internal governance and controls, it is accelerating the separation of the roles of chair and CEO. As a result, Peter Cowgill, executive chairman, will step down effective immediately.
On Appoints Board Member
On, the Swiss running brand, announced the election of Dennis Durkin as an additional independent member of its Board of Directors.
Adidas Revamps Portland Headquarters
Adidas unveiled its upgraded and expanded Adidas North America HQ in Portland, OR. Since the start of the project in 2018, nearly 220,000 square feet has been added, including three new buildings, a new gym, new cafes, additional parking and a sustainable soccer pitch.
Golf Rounds Played Decline 13 Percent In April
Golf Datatech’s National Rounds Played Report for April shows that U.S. rounds were down 12.9 percent in the month and off 9.8 percent year-to-date year-over-year.
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