Hibbett announced store openings plans for one Hibbett Sports in Houston and two City Gear locations in Florida.
Category: Footwear
Retail Cargo Imports Set New Record As Economy Recovers
Imports at retail container ports hit a new record this spring and volume during the first half of 2021 is expected to be a third higher than last year as the economy continues to recover from the pandemic, according to the monthly Global Port Tracker report released by the National Retail Federation.
JD Sports Announces Board Change
JD Sports Fashion Plc announced that Andy Rubin has stepped down from the Board as a Non-Executive Director, effective May 6. Andy Rubin will be replaced by Andy Long, former CEO of Pentland Brands.
OBIT: Paul Van Doren, Vans Co-Founder
Paul Van Doren, co-founder of the Vans brand, passed away at the age of 90.
Eddie Bauer To Be Sold To Authentic Brands And Simon
Authentic and SPARC Group, a joint venture between Authentic and Simon Property Group, are acquiring Eddie Bauer, including its 300 stores and e-commerce business, from a unit of Golden Gate Capital.
PacSun Announces Leadership Transition
PacSun announced a leadership transition whereby Alfred Chang, PacSun president, and Michael (Mike) Relich, interim CEO of PSEB Group, will be elevated to co-chief executive officers, and Brieane (Brie) Olson, PacSun’s chief brand officer, will be promoted to president.
Former Nike Retail VP Joins Tailored Brands
Tailored Brands appointed Karla Gray, a former VP at Nike’s retail operations, as EVP and chief stores officer.
Mastercard SpendingPulse: April U.S. Retail Sales Grow 23.3 percent
U.S. retail sales excluding automotive and gasoline increased 23.3 percent year-over-year in April, and 10.8 percent compared to April 2019, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Online sales in April grew 19.9 percent and 95.6 percent, respectively, compared to the same periods.
Hibbett Sports Opens In Richmond, VA
Hibbett Sports announced the opening of the newest Hibbett Sports in Richmond, VA.
StockX Opens Authentication Center In Australia
StockX announced the opening of a new authentication center in Melbourne, Victoria. The facility is the company’s first in the Australia and New Zealand regions…
Adidas Lifts Sales Guidance Despite Lockdowns, Supply Chain Issues
Adidas raised its 2021 sales outlook as first-quarter revenues grew 27 percent on a currency-neutral basis and profits returned to near pre-pandemic levels. Across the company’s three strategic markets, currency-neutral sales expanded at a triple-digit rate in Greater China (+156 percent) in the first quarter and increased in the high-single-digits in both North America (+8 percent) and EMEA (+8 percent).
J.C. Penney Cuts 650 Jobs
J.C. Penney has eliminated about 650 jobs in an effort to adjust “our structure to better meet our strategic priorities,” according to a company statement. The job cuts followed an operational review by new owners Simon Property Group and Brookfield Asset Management.
Gainline Capital Partners Acquires Galaxy Universal
Gainline Capital Partners announced that it has formed Galaxy Universal LLC., which owns and licenses a number of footwear brands.
Puma Appoints New CFO And Chief Commercial Officer
Puma has appointed Hubert Hinterseher as its new chief financial officer and Arne Freundt as its new chief commercial officer starting June 1.
Buckle’s Comps Increase More Than Seven-Fold In April
Buckle Inc. announced that total net sales for the 4-week fiscal month ended May 1, 2021 increased 718.0 percent to $93.6 million from net sales of $11.4 million for the prior year 4-week fiscal month ended May 2, 2020.
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