Anta Sports reported modest retail sales gains for its flagship Anta brand in the fourth quarter while strong double-digit gains were seen by Fila and its other brands ((Descente, Kolon Sport, Sprandi, and Kingkow).
Category: Footwear
Adidas Partners With G2 Esports
Adidas announced a multi-year partnership to become the official sports apparel provider for G2 Esports, a leading esports brand.
Nike Sues Nearly 600 Websites For Selling Counterfeit Sneakers
Nike filed a lawsuit against 589 websites allegedly selling counterfeit versions of its Nike and Converse shoes online.
North Face Sued By Graffiti Artist Over ‘Atom’ Design
The North Face has been sued by the graffiti artist Futura for allegedly knocking off his signature atom-like motif in a recent line of apparel.
SIMA Appoints President
The Surf Industry Manufacturers Association (SIMA) announced the results of its Board of Directors Elections for the term beginning January 2021 and ending December 2022, including Paul Naudé being reelected to serve as Board president.
Carbitex Announces New Hires
Carbitex announced the hiring of Erika Canfield as VP of global marketing and Clark Morgan as director of global footwear business development.
Surfline Hires Marketing Executive From Apple
Surfline\Wavetrak Inc., the company behind ocean forecasting service Surfline, announced the appointment of Kim Centeno head of marketing. Centeno joins Surfline from Apple, where she most recently led marketing for subscription services, including Apple Arcade.
StockX Sees Record Growth in 2020
StockX said it recorded $1.8 billion in gross merchandise value (GMV) in 2020 and closed more than 7.5 million trades during the year.
Nordstrom’s Holiday Sales Slump 22 Percent
Nordstrom Inc. announced a net sales decline of approximately 22 percent for the nine-week holiday period ended January 2, 2021, compared with the nine weeks ended January 4, 2020. Digital sales grew 23 percent. Sequential sales improved, in-line with company expectations, adjusting for Anniversary shift.
Orva Secures Investment
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’s Holiday Same-Store Sales Climb 17 Percent
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 Raises Q4 Guidance On Robust Holiday Sales
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 Announces Leadership Changes
Urban Outfitters Inc. reporting a challenging holiday quarter and a planned exit for the CEO of its namesake brand.
LA Gear Appoints Creative Director
LA Gear announced the appointment of artist and designer Alexander-John as its creative director.
Lodging In Southeast Destinations Seeing Mixed Performance This Winter Season
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.
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