SGB Executive Footwear

EXEC: Nike Inc. Q2 Reaction May Be More About the CEO’s Plan – Not Key Metrics
That plan has to include boosting innovation in a market that has embraced On, Hoka and a number of other nascent running brands that have taken share in the “technology as fashion” column, as well as brands such as Adidas and Asics that are taking share on the lifestyle side.

EXEC: Bata Brands Appoints Italy-Based Chief Design Officer
Miguel Esquide’s career highlights include co-founding the luxury brand 1Concept as well as leading footwear design and strategy at Inditex for Lefties, Zara and Pull&Bear.

EXEC: UK Retail Sheds 225,000 Jobs in Five Years but Pay Growth Up 25 Percent
Pay growth at retail was said to be well above the national average at 8.5 percent in 2024, and up over 25 percent since 2021. The October Budget increases the National Living Wage by a further 6.7 percent, adding over £2.7 billion to retailer wage bills from April 2025.

EXEC: Clothing and Footwear Are Key Contributors to UK’s Growing Inflation
November’s figures were driven primarily by increased inflation rates of fuel, clothing, and footwear, according to the British Retail Consortium (BRC).

EXEC: The Athlete’s Foot Opens Store in Rotterdam
TAF said the retail space represents a new “TAF 3.0” concept that has been “successfully tried and tested in the USA, now tailored to meet the unique cultural landscape and consumer demands of Rotterdam.”

PwC’s 2025 M&A Outlook Sees Arrows Pointing Up for Deal Flow
PwC’s analysis of PitchBook Data, Inc., found that several thousand PE exits were delayed over the past two years. The company said some of these exits are more likely to happen now that more certainty has returned to the market — meaning more potential targets for corporate acquirers.

EXEC: Inside Under Armour’s First Investor Day in Six Years
CEO Kevin Plank underlined the brand’s underdog positioning and attitude by describing the company as a “$5 billion start up.” Senior executives provided an in-depth qualitative overview of the company’s product, brand, and commercial strategies and other key initiatives being executed.

EXEC: Authentic Partners with Ares Holdings to Support Ted Baker Brand in South Africa
Ares, with exclusive distribution rights for Crocs, Birkenstock, Under Armour, Vans, Hey Dude, and Teed Baker, supports partner brands through over 65 owned-retail stores, a network of over 2,500 wholesale doors and six owned e-commerce sites.

EXEC: November FW Factory Shipments Soar as Key Nike Factory Posts DD Growth
Yue Yuen’s manufacturing business, which boasts Adidas, Merrell, Asics and many others as key customers, posted a 17.0 percent increase in November, while Feng Tay, a major Nike supplier, returned to positive territory delivering 10 percent growth year-over-year.

EXEC: Authentic Partners with Orbico Group to Manage Champion Brand in EMEA Region
Orbico has focused on and successfully operated in the Sports Style category, becoming an exclusive distributor for leading footwear brands in Central and Eastern Europe, including Converse, Dr. Martens, Merrell, and On.

EXEC: Puma Opens New Creative Hub at Global Headquarters in Germany
Studio48 is a new creative hub at its headquarters in Herzogenaurach, Germany where Puma’s designers and creatives can come together to freely develop new ideas and create concepts for new performance and Sportstyle products as well as campaigns.

EXEC: Macy’s Completes Investigation into Accounting Issues; Lowers Q3 EPS Guidance
The retailer is now reporting it is revising its EPS guidance downward, an announcement that sent M shares tumbling nearly 10 percent in pre-market trading on Wednesday, December 11.

EXEC: Adidas HQ Raided Amid On-Going Tax Probe
Adidas has reassured stakeholders that it has compiled and has been cooperating with authorities over an extended period, furnishing them with the documentation and pertinent information required to the tax investigation.

EXEC: Sportsman’s Warehouse Beats Q3 Estimates; Raises Full Year Guidance
The retailer is one of the few beating estimates on the top- and bottom-line in Q3, surpassing revenue estimates by nearly $24 million and beating EPS estimates by 6 cents a share in the period. The results sent SPWH shares up in after-hours trading.

EXEC: Academy Execs Talk Q3 Results, Q4 Hopes and 2025 Initiatives, Including Big Nike Boost
The plan to expand the Nike busineess, along with a number of other key brand initiatives, is to launch in April with full assortments of men’s, women’s, and kids’ across footwear, apparel, and accessories along with a strong statement of sporting goods.