Nike, Inc. has acquired Datalogue, a data integration platform start-up based in New York. Datalogue is Nike’s latest acquisition to enable its consumer-led digital transformation.
Category: Footwear
RIA Survey Details Run Specialty Channel Recovery In 2020
The latest survey from the Running Industry Association (RIA) found that in spite of store closures in March and April, the run specialty channel proved resilient and rebounded nicely in the back half of 2020.
Topgolf To Open First Venues In Southern California
Topgolf Entertainment Group plans to open two venues in the Los Angeles area in Ontario and El Segundo. These venues will be the first locations to serve the Southern California area and will bring the total number of venues in California to four, joining Topgolf Roseville outside of Sacramento and Topgolf San Jose, which is expected to open in 2021.
Waypoint Outdoor To Lead Tread & Butter’s U.S. Sales Force
Tread & Butter announced Waypoint Outdoor as its U.S. wholesale sales and brand management partner.
Astral Hires Industry Vet As Chief Revenue Officer
Astral announced the addition of David Orr to its leadership team. Orr will act as Chief Revenue Officer overseeing the brand’s global commercial strategy.
Bass Pro Airs Its First Super Bowl Commercial
Bass Pro Shops unveiled its first Super Bowl commercial with a message centered on reconnecting with the outdoors and each other.
Mizuno’s Q3 Profits Soar
Mizuno Corp. reported earnings surged in the third quarter ended December 31 as sales grew 8.1 percent.
Nike Marketing Exec Joins Gatorade
PepsiCo appoints Kalen Thornton, formerly at Nike, as chief marketing officer of Gatorade.
Shoe Carnival Sees 6 Percent Fourth-Quarter Comp Gain
Shoe Carnival Inc. reported comparable store sales increased approximately 6.4 percent in the fourth quarter, on top of a 3.2 percent comparable store sale increase in the fourth quarter of fiscal 2019. The family shoe chain also said earnings doubled in the period.
Swix Debuts Concept Store In Lake Placid
Swix announced plans to launch its first U.S. retail outlet, its Concept Store, at the Mt. Van Hoevenberg Ski Stadium in Lake Placid, NY.
Kohl’s Sees Q4 Earnings Topping Wall Street Targets
Kohl’s released preliminary fourth-quarter results, anticipating sales will be down about 10 percent year-over-year, and same-store sales will drop 11 percent.
Skechers Posts Weaker Q4 Profit As Pandemic Takes A Toll On Owned Stores
Skechers U.S.A., Inc. saw 2020 fourth quarter sales decrease 0.5 percent as a result of a 2.8 percent decrease in the company’s domestic sales partially offset by a 1.1 percent increase internationally.
Deckers Brands Posts Solid Fiscal Q3 On Hoka Surge, E-Commerce Jump
Deckers Brands reported that net sales increased 14.8 percent to $1.08 billion compared to $938.7 million for the same period last year. On a constant-currency basis, net sales increased 13.8 percent.
Columbia Sportswear’s Q4 Earnings Decline On Impairment Charges
Columbia Sportswear Company reported earnings in the fourth quarter were down 16 percent due in part to impairment charges tied to retail and its Prana trademark. Sales declined 4 percent. Both earnings and sales, however, topped Wall Street targets. Chairman, President and CEO Tim Boyle said, “I’m encouraged by our e-commerce growth as well as wholesale orders for the Spring and Fall 2021 seasons, which we anticipate fueling our continued recovery in 2021.”
Dick’s SG Will Close Again On Thanksgiving
Dick’s Sporting Goods announced it will close all retail locations and distribution centers on Thanksgiving Day, November 25, 2021. Dick’s also closed on Thanksgiving in 2020.
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