SGB Executive Footwear
Salomon Appoints 20-Year Nike China Veteran as New GM for China
Vincent Du grew his career at Nike, having served in Nike Greater China for 20 years. His most recent role being vice president of merchandising for Greater China prior to his departure.
EXEC: Adidas Blows Past World Cup Sales Expectations
Adidas sold four times as many jerseys and twice as many match balls as it did during the last World Cup, according to an e-mailed response to questions from Bloomberg News.
EXEC: Anta Brand and Fila Each Deliver LSD China Retail Gain in Q2 for Anta Sports
Anta Sports Products, Ltd., which operates retail stores in China for the Anta brand, as well as Fila, Descente, Kolon Sport, and Amer Sports, reported that retail sales, in retail value, for the Anta brand in the second quarter saw low-single digit positive growth year over year.
EXEC: Saucony Sees Sharp Slowdown of China Retail Sales Growth in Second Quarter
Xtep International Holdings, Ltd. reported retail sell-throughs for its flagship Xtep brand declined mid-single-digits year-on-year in the second quarter, while sell-throughs for its licensed Saucony business delivered low-single-digit growth.
EXEC: U.K.’s Shoe Zone Lifts Guidance on Improving Sales Trends
UK off-price shoe retailer Shoe Zone reported that sales over the last two months of May and June have come in ahead of market expectations. The company said the better-than-expected performance “was aided by the company’s warehouse closing down sale and favorable seasonal weather at half term.”
EXEC: Asia Footwear Manufacturer Stella International Sees Modest Growth in Q2
The China-based manufacturer of footwear for Nike, Saucony, Under Armour, Merrell, Timberland, Ugg and others reported unaudited consolidated revenue inched up 1.2 percent in the second quarter ended June 30, driven by a 1.3 percent increase in pairs.
EXEC: Frasers Group’s Sports Direct UK Segment Posts DD Profit Growth as Sales Decline
Frasers Group reported that profits at its UK Sports segment rose 17.6 percent in its fiscal year ended April 26 as higher gross margins tied to Sports Direct’s Elevation Strategy and reduced expenses offset sales declines due to store rationalization at its Game UK chain and restrained consumer spending. The retailer warned that consumer spending will likely remain challenging this year.
EXEC: 361 Degrees Owned-Retail Sees Mid-To-High Single-Digit Growth in Q2
China-based 361 Degrees International, Ltd. reported that brick-and-mortar retail sales of 361º core-branded product delivered mid-to-high single-digit growth in the second quarter compared to the same period of 2025.
EXEC: Li Ning Sees Slight Decrease in China Retail Sales in Second Quarter
Li Ning Company, Ltd. reported that retail sell-through for the second quarter at Li-Ning POS, excluding Li-Ning Young, decreased by low-single digits year-over-year after turning positive in the first quarter.
EXEC: CEO of Anta’s Namesake Brand Resigns
Anta brand CEO Xu Yang has resigned following recent weak performance for the flagship brand of Anta Sports Products Ltd. The Chinese company said Yang resigned for family reasons and will be transferred to another position in the company.
EXEC: JD Sports Relocating North America HQ in Indiana to Support JD Banner Rollout
JD Sports plans to expand its North American headquarters in central Indiana, moving to a larger space in the Fishers District mixed-use development project in metropolitan Indianapolis. As part of the plan, the UK-based retailer intends to purchase and renovate The Link at Fishers District, a more than 355,000-square-foot property with renovations to begin in 2027.
EXEC: Dr. Martens Confirms FY Guidance with U.S. Wholesale Momentum
Ahead of its annual meeting, Dr. Martens plc issued a performance update confirming that trading since April has been in line with expectations, leaving its full-year guidance for fiscal 2027 unchanged. The performance continues to be led by wholesale strength in the U.S.
EXEC: Decathlon Opens First Airport Store in Europe
Decathlon opened its first and only European airport store at Geneva Airport (GVA) in Switzerland. The French retailer also has airport stores in India and Tahiti.
EXEC: France’s I-Run Acquires Belgian Retailer Trakks
French running store chain I-Run has acquired Belgian running store chain Trakks, including its six physical shops and e-commerce site. The acquisition marks I-Run’s first stores outside France.
EXEC: A Sneaker City is Latest Retailer to File for Bankruptcy
A Sneaker City, with only a website and one store remaining in Albany, New York, filed for Chapter 11 bankruptcy protection on July 10 in the U.S. Bankruptcy Court for the Northern District of New York over a dispute with landlords.
