SGB Executive Footwear
Report: Golden Goose on Brink of Sale
Private investment firm HSG, formerly Sequoia Capital China, is in advanced talks to acquire Italian luxury sneaker brand Golden Goose in a transaction that could value the company at over €2.5 billion ($2.9bn), according to reports.
EXEC: AlixPartners Sees Frugality Reigning in 2026
AlixPartners’ annual consumer outlook, study, based on a survey of over 13,000 consumers across nine countries, forecasts a sharp, accelerating pullback in global spending intentions in 2026, with the retrenchment highlighted by high-income consumers and China.
EXEC: Top Asia Footwear Factories Continue Declines in November
Feng Tay Enterprises, one of the longest-tenured producers of Nike footwear, saw Manufacturing revenues decline 11.8 percent year-over-year in November, while Outdoor and athletic footwear maker Yue Yuen factory output declined 2.4 percent y/y for the month.
EXEC: Famous Footwear Comps Positive in Athletic in Q3 on Trend to Premium Brands
Jordan, Adidas, Birkenstock, New Balance, Brooks, DC Shoes and Timberland were top growth brands, while the Caleres, Inc. owned brands outperformed at Famous Footwear with sales up in mid-single digits.
EXEC: DSW Turnaround News, Stronger Q3 Profits Drive Parent DBI Shares Higher
Parent of the DSW Shoe Warehouse, The Shoe Co. and Rubino retail banners, and a brand portfolio business that includes Topo Athletic, among others, reported $752.4 million in net sales for the third quarter ended November 1 , a 3.2 percent year-over-year decrease versus Q3 2024.
EXEC: Academy Sports Gains Q3 Boost from Elevated Nike and Jordan Allocations
Academy Sports and Outdoors, Inc.’s earnings in the third quarter came in slightly ahead of analyst targets as improved allocations of Nike and Jordan products helped the nationwide retailer reach a greater number of high-income earners, offsetting continued pressure on lower-income customers.
EXEC: Outdoor Brands Chase Run Opportunity at The Running Event
The Running Event (TRE) held in San Antonio, TX, last week, drew an expanding crop of outdoor brands to the Switchback section of the trade show, with many seeking ways to drive growth in the hot run specialty channel. Executives at Salomon, The North Face, Keen, Teva, Lowa, Lems Shoes, La Sportiva and more shared their thoughts on the trade show and business conditions.
EXEC: The Running Event Showcases Running’s Growing Momentum; Comments from the Floor
The Running Event (TRE), which was held for the first time this week in San Antonio, TX, drew a record number of exhibitors, with crowded aisles and robust booth spaces, as the industry appears to have concluded another banner year.
EXEC: Zumiez, Inc. CEO Reports Strong Q3 and Early Q4 Growth on Higher AURs and Basket Value
Looking ahead, net sales for the fiscal fourth quarter ending January 31, 2026 are projected to be in the range of $291 million to $296 million, representing year-over-year sales growth of 4.0 percent to 6.0 percent. Total comparable sales are planned to be in the 2.5 percent to 4.0 percent range for the period.
EXEC: Fraser’s Chief Executive Says Ambitions Are High After Posting Solid H1 Results
In the UK, sales growth from Sports Direct and Flannels was said to be more than offset by planned declines in Game UK, Studio Retail, House of Fraser, and the businesses acquired from JD Sports. International revenue benefited from the acquisitions of Holdsport (May 2025) and XXL ASA (June 2025), partially offset by the disposal of the MySale business in May 2025.
EXEC: Sportsman’s Warehouse CEO Outlines Solid Q3 Category Gains; Lowers Guide on Weaker Consumer
Given the pressure of consumer headwinds experienced in November, the company has increased its promotional efforts to maintain inventory efficiency while driving sales, which is putting pressures on margins. For the full fiscal year 2025, SPWH is adjusting its net sales range to be flat to up slightly.
EXEC: Journeys Parent Genesco Shares Fall on Lower Guide, Weaker U.S. Store Traffic and UK Profits
The parent of Journeys lowered its guidance for the year due to sales and margin pressures facing its U.K.-based Schuh business and weakness at its U.S. chains during non-peak shopping days. Third-quarter results came in slightly below expectations.
EXEC: Nike and Lacoste Ads Banned in UK Over Green Claims
Nike advertisements, along with those from Superdry and Lacoste, have been banned in the U.K. for misleading consumers about the environmental sustainability credentials of the products.
TRE Session: Hoka Sales Fall at Run Specialty as Nike Rebounds and Topo Surges
Karnan Associates’ data, presented at The Running Event (TRE), showed that five of this year’s top-selling footwear brands in the run specialty channel were Brooks, Hoka, New Balance, Asics, and Saucony, respectively, down a collective 7.4 percent in the 12 months through September.
EXEC: Golden Goose Revenues Climb 13 Percent in Nine Months on DTC Momentum
The Italian luxury sneaker brand, reported adjusted operating earnings rose 7 percent in the nine months ended September 30 on a 13 percent revenue gain. The gains were boosted by an acceleration of the company’s direct-to-consumer channel in the third quarter.
