Excluding gas, Costco’s same-store sales in the U.S. were up 5.5 percent in the U.S. and 6.2 percent overall. U.S. sales were up 7.4 percent year-to-date.
Category: Footwear
FDRA Urges Trump Administration to Halt New Tariffs on Footwear Ahead of BTS Selling
On Wednesday, July 9, the Footwear Distributors and Retailers of America sent a letter to the Trump Administration requesting that it not impose additional footwear tariffs on top of the existing ones ahead of the critical back-to-school selling season.
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EXEC: Top Asia FW Factories See Improving Shipment Trends in June 2025
Feng Tay Enterprises, one of the longest-tenured producers of Nike footwear, saw manufacturing revenues decline 3.1 percent year-over-year (y/y) in June after cratering 23.4 percent in May. Yue Yuen Manufacturing increased 9.4 percent y/y in June after increasing just 0.5 percent y/y in May.
Imperial Appoints National Sales Manager, Golf
Andrew Blatnik joins industry veteran John Anderson, VP of Sales for Golf, in his new role. Currently he serves as the VP of Peter Millar licensing for Imperial.
Dr. Martens Seeing Positive Growth In Americas DTC Channel
Dr. Martens issued a trading update ahead of its annual meeting, indicating that sales are progressing as expected with positive growth in its direct-to-consumer business in the Americas region and strength in the APAC region helping offset some weakness in Europe.
Deloitte Sees Flat Back-To-School Spending
Deloitte’s 18th Annual Back-to-School Survey finds that spending for K-12 students will remain flat at $30.9 billion this year. Parents surveyed expect to spend $570 per student in grades K-12, down just $16 year-over-year. Overall, parents will spend on essentials, trading down on brands and retailers, and spreading out purchases over time.
Report: Bain Capital Mulls Selling Canada Goose Stake
Discussions remain in the early stages, and there is no guarantee that a transaction will take place, the sources added. Other shareholders may also consider participating in a deal.
REI Sets Grand Opening for Store in Elk Grove
REI Co-op set plans to host a grand opening of its new store in Elk Grove, CA which is part of the Sacramento metropolitan area in Northern California.
The Buckle’s June Sales Climb
The Buckle, Inc. reported that comparable store net sales increased 3.8 percent in June. Net sales grew 4.7 percent to $106.5 million from net sales of $101.7 million a year prior.
Pentland Returns Ellesse to U.S. in New Licensing Deal
The exclusive, long-term licensing partnership will see The Iconic Brand Corporation design, develop, produce, and market Ellesse apparel and accessories in the U.S. in collaboration with Ellesse’s London team. The first collection will launch in Spring 2026.
Allbirds Names Three Additional Distributors
With the completion of the three agreements, Allbirds has now signed distribution deals with 16 companies globally since shifting its primary distribution strategy from direct-to-consumer to wholesale distributors.
USTA Hires Chief Growth Officer
Mike McGoohan, former president and chief growth officer of Solo Stove, was appointed to the newly created role of chief growth officer for the United States Tennis Association (USTA). Reporting into McGoohan are Play & Competition, USTA Coaching, Marketing, Digital Strategy, Strategy & Innovation, and Industry & Sales departments.
Columbia Sportswear Opens Largest Store in Japan
The flagship store in Harajuku, Tokyo, marks the brand’s largest retail location in Japan to date, spanninb roughly 2900 square feet across two levels.
NRF: Import Cargo Levels Drop Again After Tariff Delay Ends; Rebound Expected in July
Ports have not yet reported numbers for June, but Global Port Tracker projects the month to climb 5.9 percent from May but down 3.7 percent year-over-year. July cargo volume is expected to increase 2.1 percent year-over-year, but then fall 10.4 percent in August and 19.9 percent in September as previously paused tariffs take effect.
Saks’ Debt Ratings Lowered On Proposed Restructuring
S&P Global Ratings lowered the credit ratings of Saks Global Enterprises, LLC, due to the luxury chain’s $600 million financing package, which it views as “tantamount to default.”
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