Seattle-based outdoor and action sports retailer Evo has announced it will open satellite stores at Snoqualmie Pass in Washington and in Hood River, Oregon this summer.
Category: Footwear
February Retail Sales Slide
The U.S. Census Bureau said overall retail sales in February were down 3 percent seasonally adjusted from January but up 6.3 percent year-over-year. That compares with a monthly increase of 7.6 percent and a yearly gain of 9.5 percent in January.
Hunter Boots Appoints CEO
Hunter, the British boot brand, appointed Paolo Porta as CEO. He has been holding the position on an interim basis since replacing Vincent Wauters in June 2020.
La Sportiva Appoints New General Manager
La Sportiva has appointed Marcello Favagrossa as general manager of the Italian brand.
Caleres Posts Q4 Loss On Charges, Sales Down 18 Percent
Caleres, the parent of Famous Footwear, reported sales declined 18.3 percent in the fourth quarter and 27.5 percent for the year.
JD Sports To Open First Store In Canada
The JD Group, based in the U.K., announced plans to open its first JD Sports store in Canada in the second half of 2021.
Designer Brands’ Q4 Same-Store Sales Slide 20 Percent
Designer Brands Inc., the parent of the DSW footwear chain, reported a loss in the fourth quarter ended February 1 as same-store sales declined 20 percent.
Adidas Forms Partnership With Peloton
Adidas said that it has formed a partnership with Peloton. Details were not disclosed but reports indicate the partnership is an apparel collaboration.
Clarks Replaces CEO After LionRock Acquisition
Clarks, the U.K.-based shoe retailer, said Victor Herrero will assume the role of CEO after Hong Kong-based investment firm LionRock Capital completed its £100 million ($139 million) purchase of a controlling take in the company.
Rocky Brands Completes Acquisition Of Honeywell’s Boot Business
Rocky Brands Inc. announced that it completed its previously announced acquisition of the performance and lifestyle footwear business of Honeywell International, Inc., including The Original Muck Boot Company and XTRATUF footwear brands for $230 million.
New Balance and BSN Sports Partners With University Of Denver
The University of Denver Division of Athletics and Recreation announced that it has entered into a multi-year sponsorship and product supply agreement with New Balance through BSN Sports to be the official apparel, footwear and uniform provider for Pioneer athletics.
Midwest Sports Tennis Acquired By Berlin’s Signa Sports United
Berlin-based Signa Sports United announced the acquisition of a majority stake in Midwest Sports, the Ohio-based online tennis retailer. The acquisition serves as the entry point into the U.S. market for Tennis-Point.
Adidas Partners With Phoenix Rising FC
Phoenix Rising FC, the American professional soccer team, announced it had secured a six-year partnership with Adidas, which will serve as the club’s official outfitter through the 2026 season.
Rocky Brands Announces New Share Repurchase Program
Rocky Brands Inc. announced that its board of directors has approved a new share repurchase program of up to $7.5 million of the company’s outstanding common stock.
S&P Raises Debt Ratings Outlook On TJX
S&P Global Ratings revised its debt rating outlook on TJX to stable from negative due to expectations that the COVID-19 vaccine rollout, store reopenings and less restrictive government mandates on crowd gathering will drive higher customer traffic to TJX’s stores, propelling historical same-store sales by the end of this year.
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