The Running Industry Association’s (RIA) virtual buying show, KICK On-Demand will kick off this Tuesday, July 14th. Eight live sessions are scheduled for the first week.
Category: Footwear
Costco’s U.S. Same-Store Sales Climb 11 Percent In June
Costco Wholesale Corp. said its June sales rose 11 percent to $16.2 billion, from $14.6 billion in June 2019. Same-store sales rose 12 percent, including an 11 percent increase in U.S. same-store sales.
The Buckle’s Sales Jump 27 Percent In June
The Buckle, Inc. announced that total net sales for the 5-week fiscal month ended July 4, 2020 increased 26.8 percent to $94.8 million from net sales of $74.8 million for the prior year 5-week fiscal month ended July 6, 2019.
Snipes USA Announces New President
Snipes has appointed Jim Bojko as president of Snipes USA. In this role, Bojko is responsible for leading the U.S. operations of the international sneaker and streetwear retailer as it continues to expand the brand across the United States.
Under Armour Partners With Eastern Mennonite University
Eastern Mennonite University in Harrisburg, PA announced that it has entered into a five-year partnership with Under Armour through BSN Sports.
New Waco Shoe Co. To Sell Spenco, Revitalign, Ironsport And Ironman Brands
Two former Spenco Medical Corporation executives purchased the footwear assets of the company to offer the full line of Spenco Footwear through a new entity, Waco Shoe Company.
Orpyx Medical Technologies Secures $7.6M In Series A Funding
Orpyx Medical Technologies a maker of insoles that monitors diabetic foot complications, announced the close of a $7.6 million Series A investment round.
JCPenney Closing Manhattan Mall And Kings Plaza Locations In NYC
JCPenney disclosed in bankruptcy court filings that it was closing two more locations in New York City. The locations are at Manhattan Mall in Manhattan and Kings Plaza in Brooklyn.
Retail Organization Seeks To Make Face Masks Mandatory
In a letter to the National Governors Association this week, RILA (Retail Industry Leaders Association) asked governors to require face masks when in public or while shopping. Fewer than half of U.S. states require masks in public places, according to the RILA.
Walmart To Launch Membership Service In July
Walmart plans to launch its own membership service, Walmart+, to rival Amazon Prime this July, according to Recode. The $98-per-year program will offer same-day delivery of groceries and general merchandise, along with other perks such as fuel discounts.
Report: Under Armour Looking To Sell MyFitnessPal
Under Armour is looking to sell MyFitnessPal, a smartphone app and website that tracks diet and exercise, according to a report in The Information.
Dick’s Announces Donation Of Nearly $800,000 To The CDC Foundation
Dick’s Sporting Goods announced a nearly $800,000 donation to the CDC Foundation in partnership with Callaway Golf.
Finish Line Delivers 9 Percent Comp In Fiscal Year
JD Sports Fashion reported a rise in annual earnings and indicated Finish Line’s comps in the U.S. grew 9 percent. However, the UK’s largest sneaker chain cut its dividend and warned the coronavirus outbreak has constrained its short term progress.
L.L.Bean Plans Three Stores In Canada
L.L.Bean announced the expansion of the brand in Canada, with three new L.L.Bean stores scheduled to open in Ontario by the end of 2020.
Kathmandu Sees Strong Rip Curl Recovery As Stores Reopen
Kathmandu Holdings Limited reported that total Group sales for the 10 months ended May 31 were down 15.1 percent versus the prior-year comp period but retail store and online sales have “generally exceeded management expectations since stores began reopening.
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