JCPenney said it is introducing three new women’s swimwear brands, Mynah, Decree and Sonnet Shores, and adding “new selections” from Champion and Puma to support its activewear offerings.
Category: Footwear
Report: Nike To Stop Selling To Six Additional Wholesale Accounts
Williams Trading’s analyst, Sam Poser, in a note stated that proprietary checks confirm that Nike will be closing six additional wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports and Big Five.
Under Armour Closes Store In Madison, WI
Under Armour has closed its Brand House location in Madison, WI.
Asics Selects Four Startups For Accelerator
Asics selected four startups’ collaboration proposals at its demo day, based on vision and feasibility. The theme for applications for the program was “Sound Mind, Sound Body.”
Upward Trend In Baseball Participation Takes A Hit During COVID-19 Year
The COVID-19 pandemic hit as baseball participation was on the upswing, according to research conducted by the National Sporting Goods Association (NSGA). Initial data to NSGA from 2020 shows overall participation at 11.7 million, which was a 4.5 percent decline from nearly 12.3 million in 2019.
Scheels To Open In Colorado Springs On Saturday
Scheels Sporting Goods will be opening its second store in Colorado in Colorado Springs on Saturday, March 27.
RYU Apparel Partners With NFL Alumni Academy
RYU Apparel Inc. signed a two-year agreement to become the official tailored urban athletic apparel of the NFL Alumni Academy.
Nike And H&M Face China Backlash Over Xinjiang Stance
Nike and H&M are facing a backlash from Chinese state media and e-commerce platforms over historic statements of concern about forced labor in Xinjiang. The backlash comes days after a round of sanctions stoked tensions between Beijing and western governments.
Foot Locker Appoints CFO
Foot Locker Inc. announced the appointment of Andrew E. Page as executive vice president and chief financial officer. Page joins Foot Locker from Advance Auto Parts.
Shoe Carnival’s Q4 Earnings More Than Double
Shoe Carnival Inc. reported earnings vaulted 114 percent as margins improved and same-store sales ran up 6.4 percent.
Kathmandu’s First-Half Results Boosted By Rip Curl
Kathmandu Holdings Limited reported sales were up 12.9 percent in the first half to NZ$410.7 million, including a full six-month contribution from Rip Curl. Oboz delivered sales growth of 3.8 percent.
361 Degrees’ Sales Fall 9 Percent In 2020
361 Degrees reported total revenue in 2020 dropped by 9.0 percent to ¥5,127.0 million in 2020 from ¥5,631.9 million a year ago.
Yue Yuen’s Sales Fall 16 Percent In 2020
Yue Yuen Industrial (Holdings) Limited reported revenue of US$8,444.9 million in 2020, representing a decrease of 16.4 percent compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic.
Texon Appoints New Group Sales Director
Texon has appointed Bryan Whitfield as its new group sales director. Whitfield has previously lead sales and business development for international companies including Avery Dennison, Velcro and Bemis.
Adidas Appoints New Head Of Outdoor Division
Adidas has hired Carla Murphy, former VP, global brand & product, Icebreaker, as general manager of its outdoor segment that’s being targeted for accelerated growth, according to a report in the Financial Times.
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