Academy Sports and Outdoors Inc. priced a private offering of $400 million aggregate principal amount of 6.000 percent senior secured notes due 2027.
Category: Footwear

CODI’s Q3 Revenues Expand 8 Percent
Compass Diversified (CODI) reported net revenues increased 7.9 percent in the third quarter ended September 30 to $418.9 million, as compared to $388.3 million a year ago.

Boot Barn’s Q2 Comps Decline 5 Percent
Boot Barn Holdings reported net sales decreased 1.4 percent in the second quarter ended September 26, to $184.5 million. Same store sales decreased 5.1 percent, comprised of a decrease in retail store same store sales of 9.1 percent and an increase in e-commerce sales of 17.6 percent.

Dick’s SG Opens Calia Pop-Ups
Dick’s Sporting Goods announced the opening of three temporary pop-up-shop locations for Calia by Carrie Underwood.

Inside The Call: Puma’s Sales Rebound in Q3
Puma’s revenues recovered after posting a decline in the second quarter due to COVID-19 restrictions, climbing 13.3 percent on a currency-neutral basis. The gains were led by the Americas, up 20.7 percent on a currency-neutral basis; and EMEA, ahead 17.7 percent.

Axion Brand Relaunches; ‘Speaks Louder Than Words’
Owners Eric Stalker and Partner and President Steve Harden announced that the Axion footwear brand has returned to the category.

SIA’s Snowbound Festival Debuts Website; Announces Dates For Upcoming 2021 Winter Shows In New England And Rockies
In celebration of the upcoming winter season, Snowsports Industries America (SIA) debuts the first phase of its Snowbound Festivals consumer platform with the launch of its new website Snowboundfest.com. An integral part of the overall Snowbound Festivals strategy is its online platform connecting consumers with brands, resorts and retailers. Phase two of the Snowbound Festival […]

Puma’s Q3 Earnings Climb 13 Percent
Puma reported net earnings rose 13.0 percent as sales recovered to show a 13.3 percent gain on a currency-neutral basis. Cost-control measures also helped offset margin pressures. Puma again declined to provide a full-year outlook due to uncertainty in the marketplace around COVID-19.

Oomphies Appoints Sales Director
Oomphies announced it has added Debbi Laubsch as Sales Director. In this role, Laubsch will oversee large retail accounts and work to expand Oomphies’ sales team. “Oomphies is thrilled to welcome Debbi to our team. She has an incredible range of experience in this industry, and we are confident that her presence will invigorate our […]

Kohl’s To Open Wellness Markets
Kohl’s will test a new in-store shop concept, Wellness Market, in 50 stores and online. The market, which will stock such items as green cleaning products, baby wipes and vitamins, is designed to appeal to consumers who view their health and wellness as a priority.

Big 5 Sporting Goods Posts Record Third Quarter
Big 5 Sporting Goods Corp. reported earnings jumped more than four-fold in the third quarter as same-store sales jumped 14.8 percent. Steve Miller, the company’s chief executive officer, said, “I am pleased to report an exceptional third quarter, which represents the strongest sales and earnings performance in our 65-year history.”

2021 Running USA Industry Conference Cancelled
Running USA said it has canceled its 2021 Industry Conference scheduled for February 2021 in New Orleans. All registered attendees have received communications with their follow-on options prepared.

Consumers Sweet Spot This Holiday Is Free Shipping, According To NPD
The 2020 holiday shopping season kicked off earlier this year with Amazon Prime Days and competing retail promotions in mid-October, and while consumers are always looking for good deals, their sweet spot this holiday will be free shipping, reports The NPD Group.

Crocs’ Q3 Earnings Jump 74 Percent
Crocs Inc.’s earnings jumped 73.5 percent in the third quarter on a 15.7 percent revenue gain and predicted fourth-quarter sales would expand between 20 and 30 percent.

ISPO Munich 2021 To Go Virtual
ISPO Munich’s 2021 show will take place February 1 to 5, completely online due to the coronavirus. Klaus Dittrich, the Chairman and CEO of Messe München, said, “With ISPO Munich Online, we are enabling all customers around the world to participate in the event. At the same time, we can create formats that integrate new target groups.”