Asics and Ugg Top Key Movers in StockX Annual Report
Fueled by consumer’s growing obsession with mesh runners, StockX said Asics saw hockey stick growth in 2023, with trades increasing 239 percent and the brand moving from the #10 top-traded sneaker brand in 2022 to #5 in one year.
Jam Collective Adds Three to PR Team
Heather Villanueva is the new PR director, Logan Waddell joins the company as a PR account manager and Cassidy Oonk as the agency’s executive operations manager.
Census Bureau Sees Core 2023 Holiday Retail Sales Growth in Line with Inflation
Core retail sales during the 2023 holiday season, November and December combined, reportedly grew 3.8 percent versus the corresponding period in 2022, supported by continued inflation and despite high-interest rates.
EXEC: The Athlete’s Foot Parent to Acquire Lloyd’s Shoes
Arklyz AG and Lloyd Shoes owner AG Ara have signed definitive agreements for Arklyz to acquire the German footwear powerhouse with all its operating subsidiaries.
Winmark Corp. Board Member to Exit
Mark Wilson informed Winmark that he will not stand for re-election to its Board of Directors at its next Annual Meeting of Shareholders in April 2024.
Big 5 Lowers Q4, Full-Year EPS Guidance as Q4 Comps Fall 17.7 Percent
Big 5 now expects to report a loss per basic share in the range of 38 cents to 40 cents, which compares to the company’s previous guidance for a fourth quarter loss per basic share in the range of 20 cents to 35 cents per share.
Event Fabrics Hires New Product Manager
Evelyn Yang is responsible for enhancing the company’s product strategy, new product introductions, product life cycle, pricing, and customer support.
Academy Sports and Outdoors Appoints Chief Customer Officer
In his role as EVP and chief customer officer Chad Fox will oversee omni-channel, marketing, customer insights, and customer care. Fox joined Academy this month and reports directly to Steve Lawrence, CEO of the company.
Equip Outdoor Technologies Appoints New CEO
The former President of the Berghaus brand and founder and director of Outdoor Gear for Good succeeds Matt Gowar.
Report: Over 17 Percent of Global Holiday Online Sales Influenced by AI in 2023
Salesforce data indicates that online holiday sales reportedly increased 3 percent for the two-month holiday selling period in 2023 after posting flat results in the 2022 period.
EXEC: Super Retail Group Ekes Out 1 Percent Comp Growth In Fiscal H1
The Australia-based parent of the Rebel Sports, BCF outdoor, and Macpac outdoor retail chains reported that sales for the first half of fiscal 2024 increased 3 percent and are expected to reach A$2.02 billion for the period ended December 30.
Adidas Recodes A 30-Year Icon with Predator 24
A nod to the boot that started it three decades ago, the shoe merges 90s nostalgia with performance creating a nex-gen of goalscorers.
La Sportiva Opens First Retail Store in the U.S.
The Boulder, CO store is reportedly part of La Sportiva’s global brick-and-mortar strategy that “aims to further integrate the brand into mountain towns worldwide.”
361 Degrees Int’l Owned-Retail Posts Strong Double-Digit Growth in Q4
Brick-and-mortar retail sales of 361º core-branded product increased over 20 percent year-over-year for the fourth quarter of 2023 ended December 31, while kids sales grew approximately 40 percent and e-commerce sales increased 30 percent.
EXEC: Anta Sports Sees Fila Q4 Retail Trend Accelerating from Q3 Trend
The company, which runs retail stores in China for the Anta brand, Fila, Descente, Kolon Sport, and Amer Sports, reported retail sales, in terms of retail value, for the Fila brand increased 25 percent to 30 percent year-over-year in the fourth quarter.