Shoe Carnival Inc. issued its full-year guidance that calls for earnings to double year-ago levels and come in ahead of current Wall Street targets. The off-pricer’s Board of Directors also authorized a two-for-one stock split.
Category: Footwear
DIVERTsessions To Open In Santa Ana
DIVERTsessions, an outdoor 45,000-square-foot action sports venue, will launch at MainPlace Mall in Santa Ana, CA for an initial three-month run this summer.
FTI Consulting Projects U.S. Online Retail Sales To Reach $865 Billion in 2021
With an improving economic outlook and accelerating growth of online shopping since the start of the COVID-19 pandemic, the Retail & Consumer Products practice at FTI Consulting, Inc. projects U.S. online retail sales will reach $865 billion in 2021, with nearly two-thirds of Amazon Prime Day shoppers surveyed saying they intend to spend more during this year’s event than they did in 2020.
Adidas Partners With Delta Galil
Adidas announced a global licensing agreement that will see Delta Galil design, manufacture and distribute men’s and women’s underwear collections under Adidas’ Badge of Sport and Originals labels. Launching for Spring 2022, the collections will be available in the APAC, EMEA, Europe and Latin America regions, with the women’s collections also launching in North America.
WIT Fitness Announces Global Partnership With CrossFit
London-based sportswear retailer WIT Fitness and CrossFit, LLC have signed a multi-year global e-commerce and retail partnership in which WIT will operate an official online CrossFit store, sell CrossFit-branded gear at its flagship London store and future physical locations globally, and have a retail presence at the CrossFit Games and other CrossFit events.
Fabletics Signs On As Official Active Lifestyle Partner Of Tough Mudder
Fabletics announced it had been named the official active lifestyle partner of Tough Mudder. Craft Sportswear in April entered into a multi-year global partnership to become its “Official Performance Apparel and Footwear” of the series. Previously, Merrell was its footwear sponsor, and Alanic was its apparel partner.
Tecnica Group Canada Hires Marketing & Promotions Specialist
Tecnica Canada announced the hiring of Julien Adam as a marketing and promotions specialist for Nordica and Rollerblade Canada.
Winter Sports Market Announces Show Dates
Winter Sports Market (WSM) serving the wintersports community of specialty retailers and manufacturers, announced its upcoming in-person show dates.
K-Swiss Appoints New President
K-Swiss appointed Dave Grange as international K-Swiss brand president and Americas general manager. Grange, who was most recently VP of sales at K-Swiss, replaces Barney Waters, who had been the brand’s president since 2016.
Genesco Sends Letter To Shareholders Highlighting Strength Of Its Board And Strategy
Genesco Inc., which is facing a proxy fight against an activist investor, sent a letter to shareholders highlighting the “collective strength” of its Board of Directors and encouraging shareholders to vote for all nine of its board nominees.
Anta Expects Sales To Expand 55 Percent In Half
Anta Sports Products Ltd. said it expects sales to expand not less than 55 percent in the six months ended June 30.
Hoka One One Appoints Global Creative Ad Agency
Hoka One One, a division of Deckers Brands, announced the appointment of FCB, based in San Francisco, CA, as its global creative agency of record.
Superfeet Sells Majority Stake To Westward Partners
Superfeet said Westward Partners had assumed majority ownership of the insole company to support accelerated growth. Superfeet will transition from being 100 percent employee-owned.
REI Presents 2020 Vendor Partner Of The Year Awards
REI presented its 2020 Vendor Partner of the Year Awards. Hoka One One received the Co-Op’s overall 2020 Vendor Partner of the Year award.
USA Cycling Launches 100-Year Anniversary Campaign
USA Cycling announced plans to launch its “We Champion” initiative to kick off its 100-year anniversary. The campaign highlights the organization’s past, current and new commitments to cycling for all as over 33 million riders joined or rejoined the sport in 2020.
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