The fashion e-tailer targeting Millennials and GenZ reported a 9.5 percent improvement in operating income for the second quarter, ending June 30, on a 9.4 percent revenue gain, which helped drive its highest adjusted EBITDA margin in three years. Revolve raised its guidance for margins for the year.
Category: Footwear
Academy Sports and Outdoors Hires Chief Legal Officer and Corporate Secretary
Brandy Treadway, who most recently worked for RumbleOn, will oversee all enterprise legal, compliance and risk management functions supporting the company’s corporate, distribution centers and retail initiatives.
Brian Costello Ascends to President of Famous Footwear Division at Caleres
Costello succeeds Michael Edwards, who stepped down as division president of Famous Footwear, effective May 2, 2025. He joined Caleres in February 2025 as chief merchandising officer.
ThredUp Shares Jump as Resale Business Grows Amidst Tariff Hurdles for Retailers
Unlike many other companies that are trying to find their way through the tariff jungle (or jumble) these days, ThredUp was able to provide solid guidance by quarter for the rest of the year. That should please any analyst.
Big Peach Running to Open Store in New Vinings, GA
Big Peach Running Co. will open a new store in Vinings, GA, near the Silver Comet Trail, on August 16; this will be the retailer’s ninth franchise location and 14th store in the state.
Tyrol Pickleball Hires Kittridge & Associates for Nationwide Sales Representation
The pickleball footwear brand founded by Kevin Huckle, the former president at Kodiak Boots, has formed a new sales and distribution partnership with agency Kittridge & Associates, bringing nationwide coverage with its 21-person team.
Hanig’s Footwear to Close Store on Chicago’s Michigan Avenue
Hanig’s Footwear plans to close its store on Michigan Avenue after 50 years in operation. Its Wilmette store will remain open as well as its e-commerce website.
EXEC: SFIA’s President & CEO Todd Smith Discusses the Power of Sports and Fitness
Todd Smith, president and CEO of the Sports & Fitness Industry Association (SFIA) since last October, talked with SGB Executive about how it is evolving to meet its mission to promote sports and fitness participation and industry growth, its new initiatives and the Trump administration’s decision to bring back the Presidential Fitness Test.
NRF and FDRA See Latest Tariff Structure Hurting Consumers
The National Retail Federation and Footwear Distributors and Retailers of America both issued statements expressing disappointment over the Trump Administration’s move last Thursday, July 31, to place tariffs on scores of countries.
EXEC: Lululemon Hit with Price Target Cut from Wells Fargo on Earnings Risk
Wells Fargo lowered its price target on Lululemon Athletica Inc. to $225 from $270 and its earnings estimates for the current and next year, suggesting another guidance reduction may be forthcoming from the athletic apparel retailer.
REI Co-Op and Labor Groups Agree to National Bargaining Structure
An REI spokesperson stated that the agreement reflects both parties’ commitment to finding solutions to complex issues and clears the way for continued good-faith discussions toward a collective bargaining agreement.
OR and Surf Expo Parent Posts Flat Q2 Organic Revenue
The owner of the Outdoor Retailer and Surf Expo trade shows reported revenues of $105.5 million for the second quarter 2025, an increase of 22.7 percent due to acquisitions. Organic revenues were flattish, up 0.4 percent.
Dick’s SG Extends Expiration Date for Foot Locker Debt Exchange Offer
The retailer has extended the expiration date in connection with its previously announced offer to exchange Foot Locker notes for Dick’s notes to August 29. The exchange offer was due to expire on August 1.
Arris Composites Appoints Board Member
The maker of advanced materials such as carbon fiber for the footwear and cycling industry appointed Kevin Yeaman, president and CEO of Dolby Laboratories, to its Board of Directors. His experience “directly parallels Arris’ strategy to scale its proprietary technology and composite material innovation across mass-market industries through licensing and strategic partnerships.”
Caleres Completes Acquisition of Stuart Weitzman
Caleres has closed on the acquisition of Stuart Weitzman from Tapestry, Inc. for $120.2 million, which included $11.5 million in cash received at the closing. Caleres expects to leverage its capabilities and expertise in footwear to return the brand to profitability after a period of transition and integration through the balance of this fiscal year.
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