Surfline\Wavetrak Inc., the company behind surf forecasting platform Surfline, announced an investment of $30 million by TCG. The company also announced the appointment of Kyle Laughlin as CEO. Laughlin succeeds Jeff Berg, who will play an active role in the company as executive chairman.
Category: Footwear

SGB Media Reports Top 20 Stories For November 2020
SGB Media has revealed its Top 20 read stories on SGBonline.com in November, according to stats compiled by Google Analytics.

SGB Media Sees Surge In Mobile Users As Web Page Views Jump 19 Percent
In a potential sign that the pandemic continues to influence how people consume content and shop, SGB Media saw its online media presence, SGBonline.com, post breakout numbers once again.

Amazon Third-Party Sellers Post Record Holiday Sales
Amazon reported independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, an increase of over 60 percent from last year.

Adobe Reports Cyber Monday Sales Expected To Climb Up To 21 Percent
Adobe Analytics projected Cyber Monday sales will range between $10.8 to $11.4 billion, becoming the largest online shopping day in U.S. history. Sales were up as much as 21 percent from a year ago.

Foot Locker CFO To Retire
Foot Locker Inc. announced the planned retirement of Lauren Peters, Foot Locker’s executive vice president and chief financial officer, with an expected effective date in April 2021.

Nike Lobbying Against Xinjiang Forced Labor Bill
Nike is among the major companies and business groups lobbying Congress to weaken a bill that would ban imported goods made with forced labor in China’s Xinjiang region, according to a report in the New York Times.

Under Armour Launches Steph Curry Brand
Under Armour on Monday launched the Curry Brand with NBA star Stephen Curry in a move being compared to Nike’s launch of the Jordan sub-brand in 1997.

Adobe Sees Online Sales Climb 22 Percent On Black Friday
Spending online on Black Friday this year surged 21.6 percent to hit a new record, according to data from Adobe Analytics.

Sensormatic Solutions Sees In-Store Traffic Tumble On Black Friday
Sensormatic Solutions, which employs cameras to measure in-store retail foot traffic, reported shopper visits resulted in a 52.1 percent decline in traffic on Black Friday, November 27, compared to 2019.

Tony Hsieh Dies From Injuries Sustained In House Fire
Tony Hsieh, the visionary behind Zappos, died Friday at the age of 46.

National Shoe Retailers Association Appoints President
The National Shoe Retailers Association announced Mark Denkler as its new president effective January 1, 2021, to replace retiring president Chuck Schuyler who, in mid-November, announced his retirement after 15 years.

Keds Appoints VP Of Product
Keds has appointed Jennifer Lynch, formerly at New Balance, as VP of product.

Dick’s SG To Test New Outdoor Concept
Dick’s Sporting Goods confirmed it will be testing a new outdoor-themed concept called Public Lands with two locations scheduled to open in former Field & Stream stores in 2021.

RunSignup Survey Forecasts A Hybrid Race Approach To 2021
RunSignup released the results of its survey of the endurance industry indicating that both virtual and in-person races are expected to be important in 2021.