Category: Footwear

Nike Provides Update On Impact of Coronavirus In China

February 4, 2020 SGB Update

In the context of the evolving dynamics related to the coronavirus in China, Nike Inc. said it is prioritizing the health and safety of its store associates and partners, in cooperation with local authorities. Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed, with corresponding dynamics across its partner stores.

Baseball Express Celebrates 30th Anniversary

February 4, 2020 SGB Update

Baseball Express, the oldest continuously operating online baseball store in the country, is celebrating its 30th year in business in 2020. Exclusive content and retrospectives looking back on the last 30 years in baseball and at the company throughout the month of February are planned.

Dick’s To Make $5M Donation To Support Girls’ Soccer

February 4, 2020 SGB Update

Dick’s Sporting Goods announced its 2020 Women’s Initiative highlighted by The Dick’s Foundation’s $5 million grant to U.S. Soccer Foundation’s ‘United for Girls’ Initiative. The retailer has also become the Official Sporting Goods Retailer of USA Softball.

Valentine’s Day Spending Set To Increase 32 Percent

February 4, 2020 SGB Update

Those celebrating Valentine’s Day plan to spend an average $196.31 this year, up 21 percent over last year’s previous record of $161.96. Spending is expected to total $27.4 billion, up 32 percent from last year’s record $20.7 billion, according to the annual survey released by the National Retail Federation.

Skechers Signs Jamie Redknapp

February 4, 2020 SGB Update

Skechers has partnered with Jamie Redknapp, the former Liverpool and England soccer star, to support its growing business in the UK and other European markets. He will be the first lifestyle collection endorsee that the global footwear brand has signed specifically for Europe.

CGPR Sold To French/West/Vaughan

February 3, 2020 SGB Update

French/West/Vaughan (FWV), the public relations, advertising and digital marketing agency based in Raleigh, NC, announced the acquisition of CGPR, a public relations and marketing agency specializing in the active lifestyle, outdoor, ski, fashion, technology and travel sectors.

Emerald To Change Name

February 3, 2020 SGB Update

Emerald Expositions Events Inc.,  the parent of Surf Expo, Outdoor Retailer and other trade shows, unveiled the launch of its new brand identity, vision, and corporate website. The company intends to formally change its corporate name to Emerald Holding Inc.

Kohl’s Adds Board Member

February 3, 2020 SGB Update

Kohl’s has appointed Yael Cosset to its board of directors. Cosset is senior vice president, chief information officer of The Kroger Co.

JCPenney Expands Leadership Team

February 3, 2020 SGB Update

JCPenney announced the appointment of six vice presidents, including a vice president of business development, chief customer officer, vice president of marketing, and vice president of customer engagement and insights.

Stein Mart Enters Into Transaction To Go Private

February 3, 2020 SGB Update

Stein Mart Inc. entered into a definitive merger agreement under which an affiliate of Kingswood Capital Management, L.P. will acquire all of the outstanding common stock of Stein Mart not already beneficially owned by affiliates of Jay Stein, Stein Mart’s former CEO and current chairman of the Board of Directors, for 90 cents per share in cash.

Deckers Brands Q3 Easily Tops Guidance

January 30, 2020 SGB Update

Deckers Brands Inc. raised its earnings guidance for the year after reporting results for the third quarter ended December 31 that easily topped its outlook. Sales grew 2.6 percent at Ugg and jumped 63.6 percent for Hoka One One. Teva and Sanuk both suffered double-digit declines.

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