Category: Footwear

Trilantic North America closed on an investment in Orva, a 3P authorized retail partner for footwear, apparel and equipment brands selling on Amazon, Walmart and other direct-to-consumer channels.

Target Corporation announced that comparable sales in the combined November/December period grew 17.2 percent, driven by a 4.3 percent increase in traffic and a 12.3 percent increase in average ticket sales. Store-originated comparable sales grew 4.2 percent, while comparable digital sales grew 102 percent.

Big 5 Sporting Goods Corp. raised its earnings guidance for the fourth quarter ended January 3 as same-store sales grew 10.5 percent in the period on improving merchandise margins. Said Steven Miller, president and CEO, “As we enter a new year, we are confident that our product offerings will continue to attract customers who are looking to stay healthy and active.”

Urban Outfitters Inc. reporting a challenging holiday quarter and a planned exit for the CEO of its namesake brand.

Although the Southeast region has weathered much of the pandemic better than other parts of the U.S., including posting a strong December, indicators are pointing to a slowdown in lodging occupancy in the months ahead according to data released yesterday by DestiMetrics.

Dick’s Sporting Goods plans to open its first experiential store at Eastview Mall in Victor, NY in March and another in West Town Hall in Knoxville, TN in May. The store in Victor will include a 17,000-square-foot outside turf field to accommodate practices, community events, and other sports-related outdoor offerings.

Giro Sport Design announced that Josh Reid has joined the team as its snow brand manager. Reid will oversee all aspects of snowsports marketing communications, advertising and public relations.