Report: Golden Goose on Brink of Sale
EXEC: Famous Footwear Comps Positive in Athletic in Q3 on Trend to Premium Brands
EXEC: DSW Turnaround News, Stronger Q3 Profits Drive Parent DBI Shares Higher
EXEC: Academy Sports Gains Q3 Boost from Elevated Nike and Jordan Allocations
EXEC: Outdoor Brands Chase Run Opportunity at The Running Event
SGB Update
Shoe Carnival Announces New $50 Million Stock Buyback Program
Shoe Carnival, Inc. announced that its Board of Directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2026.
Costco’s Fiscal Q1 Profits Climb 11 Percent
Costco Wholesale Corporation reported net profits grew 11.3 percent in its fiscal first quarter ended November 23, topping Wall Street targets. Sales increased 8.2 percent, to $65.98 billion.
Survey Finds 54 Percent of SMB Online Retailers Impacted by Tariffs
A survey of 170 U.S.-based small to medium-sized e-commerce business owners (SMB) found that over half (54 percent) made significant changes due to tariffs. Among all respondents, 39 percent raised retail prices, 29 percent shifted suppliers and 19 percent cut the number of products they sell.
Apparel & Footwear M&A Fell in 2025; Multiples Sink
Capstone Partners said in its latest report for December 2025 that the Apparel, Footwear & Accessories sector is expected to face a challenging near-term sales backdrop amid headwinds to consumer spending.
Norda Secures Second Investment From Ermenegildo Zegna Group
Ermenegildo Zegna Group has executed a second round of investment in Norda, the Montreal-based technical trail-running shoe brand. The Italian luxury group initially acquired a minority stake in Norda in January 2023.
SGB Executive
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.
