Adidas inked a multi-year partnership with the Atlanta Hawks that covers a wide variety of marketing integrations including event sponsorships, exclusive product designs, and custom digital content.
Category: Footwear
New Balance To Close Boston Factory
New Balance plans to close its factory in Boston’s Brighton neighborhood in February, eliminating 63 jobs.
[Sponsored Content] … LAMO Footwear Projects Confidence Moving Into 2021
Southern California footwear brand LAMO stretched beyond the uncertainty of COVID-19, reaching new milestones by staying focused on product quality and evolving its business strategy with the changing climate.
Genesco’s Q3 Profits Slide
Genesco Inc. reported earnings on an adjusted basis were down 37.6 percent in the third quarter as same-store sales declined 11 percent but results topped Wall Street targets. A 62 percent hike in online sales was unable to offset a same-store decline of 6 percent at Journeys and 43 percent at Johnson & Murphy.
Dick’s SG Names Todd Spaletto President Of Public Lands Retail Concept
SGB Media has obtained an internal communication from Dick’s Sporting Goods announcing the appointment of Todd Spaletto as president of its new Public Lands retail division serving the outdoor specialty market.
Zumiez Posts Strong Profit Uptick In Q3
Zumiez Inc. reported earnings rose 51.6 percent in the third quarter ended October 31 as sales grew 2.6 percent. Sales turned positive in September and October after delayed back-to-school spending dragged down August results.
Tilly’s Q3 Sales Impacted By Back-To-School Delays
Tilly’s Inc. reported earnings fell 67.2 percent in the third quarter on a 9.4 percent revenue decline. Online growth of 57.3 percent was unable to offset a 20.8 percent sales decline from physical stores.
Retail Ecommerce Ventures Acquires Stein Mart’s IP Assets
Retail Ecommerce Ventures (REV) emerged as the winner of a bankruptcy court auction for the intellectual property (IP) of Stein Mart Inc. The acquisition follows the purchase of the IP assets of Modell’s Sporting Goods earlier this year and more recent purchases.
UPS Drivers Told Not To Pick Up Shipments From Nike And Other Retailers Amid Order Surge
UPS has reportedly told drivers across the country to stop picking up packages from six retailers, including Nike, as the carrier attempts to keep up with a record-breaking online shopping season amid the pandemic, according to an internal message obtained by The Wall Street Journal. The other retailers cited were Gap, Macy’s, L.L. Bean, Hot Topic, and Newegg.
The Buckle’s November Comps Increase 8.4 Percent
The Buckle Inc. announced today that comparable store net sales for the 4-week period ended November 28 increased 8.4 percent compared to a year ago. Net sales increased 8.1 percent to $86.3 million.
NRF Sees Slight Decline In Shopper Traffic Over Thanksgiving Weekend
An estimated 186.4 million consumers shopped in-store and online from Thanksgiving through Cyber Monday, down slightly from 189.6 million in an unusually robust 2019, according to the annual survey released by the National Retail Federation.
StockX Reports Record-Breaking Cyber Weekend
Building on rapid growth in 2020, StockX reported a record-breaking Cyber Weekend, with daily gross merchandise value (GMV) averaging 100 percent growth compared to the same four-day period in 2019.
Caleres Appoints President
Caleres has appointed Jay Schmidt as president of the company as part of a number of changes to its leadership structure for a greater alignment with its strategic direction and growth initiatives.
Genesco Appoints Interim CFO
Genesco Inc. announced that Thomas A. George is joining the company as senior vice president, finance and interim chief financial officer, effective December 14, 2020. George succeeds Melvin G. Tucker whose resigned effective November 27.
SoulCycle Appoints New CEO
SoulCycle announced that Evelyn Webster will become its CEO in mid-December. Webster was most recently the CEO of Guardian News and Media’s international operations.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal