Genesco Sees Major Store Closings In Coming Years

Speaking at the Baird Global Consumer, Technology & Services Conference, Bob Dennis, chairman, president and CEO of Genesco, the parent of Journeys and Lids, said he expects the company will be operating “significantly fewer” stores over the next five years due to continuing declines in mall traffic.

Interbike Shifts Focus Of IB Awards To Innovation

The newly named Interbike Innovation Awards will continue to showcase excellence in product, retail, and advocacy and will no longer focus on athletes and supplier performance. Products recognized will now be for the upcoming 2018 sales season instead of looking back at 2017 cycle.

Inov-8 Appoints PR Agency

Inov-8 has hired Park City-based Simbol Communications as its public relations agency of record with a focus on building its market share in the trail shoe category in the U.S.

Canyon USA Adds Key Staff

Canyon USA, the American arm of the German consumer-direct cycling, hired Keith Hnatiuk as director of operations, Katie Araujo as inside sales manager, and Malek Awar as IT manager, bringing its total U.S. staff to twenty.

Fitbit Loses Ground To Apple And Xiaom

Fitbit fell to the third place among makers of “smart” wearables for the first time in the first quarter with Xiaomi tied with Apple for the lead, according to market tracker International Data Corp.

Buff Unveils 2017 Running Ambassadors

The performance headwear brand has added trail runners Suzanna Bon and Zach Miller to a team that already includes Anton Krupicka, Ian Sharman, Adam Kimble, Michael Wardian and Gina Lucrezi.