Andy Campion Departs Nike, Heads Back to School
Nike’s managing director for strategic business ventures, Andy Campion, leaves the company, effective April 5, 2024, to help develop the UCLA Sports Leadership and Management Program at UCLA Anderson School of Management.
Footwear Shipments Turnaround Trend Continues: Yue Yuen Report
The manufacturer of footwear for major outdoor and athletic brands reported its footwear manufacturing segment revenue declined 2.4 percent in December, the best performance since November 2022.
Fila Launches Volley Burst Shoe to Further Its Pickleball Commitment
Designed and wear-tested with feedback from the world’s number one female pickleball player, Anna Leigh Waters, the shoe is made for today’s pro and recreational players.
NRF Chief Economist Sees Potential Rough Road Ahead for Retail
The National Retail Federation’s Chief Economist Jack Kleinhenz believes consumers spent more than expected amid high inflation and interest rates during 2023, but spending growth is likely to slow in 2024.
Urban Outfitters Brand Gets New Leadership for North America
Shea Jensen will become president of Urban Outfitters Brand, North America, effective February 5, 2024, overseeing merchandising, marketing, digital and retail operations.
Urban Outfitters Posts Solid Holiday Sales Despite Declines at Namesake Brand Stores
Consolidated net sales for the two-month Holiday selling period ended December 31 increased 10 percent year-over-year, driving 11-month year-to-date sales up 8 percent year-over-year.
Zumiez Sees Q4 Results at Low End of Guidance After Tough Holiday
Zumiez forecasted fiscal 2023 fourth-quarter sales to be near the low end of its guidance range of $275 million to $281 million and fourth-quarter earnings per share to also be near the low end of its range of 24 cents to 34 cents.
Puma x Coperni Redefine Tech Footwear with 90SQR
PUMA x Coperni merge futurism with wearable with their latest creation, the 90SQR hybrid shoe.
Famous Footwear Parent Caleres Reaffirms Full-Year Outlook
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, reaffirmed its financial outlook for consolidated sales, EPS and adjusted EPS for full year 2023.
Compass Diversified Promotes Three on Investment Team
The owner of Velocity Outdoor, BOA, Primaloft, 5.11, and other active lifestyle brands, promoted investment team members Raj Dalal, Lucas Scholhamer and Phoebe Madsen.
EXEC: Adidas Appoints New President for North America
John Miller, most recently SVP of the wholesale business at Puma North America, is returning to the brand where he worked in the early- to mid-2000’s, as president of North America, effective immediately.
UK Retail Foot Traffic Declines Sharply in December
Overall retail UK foot traffic decreased by 5.0 percent year-over-year in December, down from a 0.7 percent decline in November, according to BRC-Sensormatic IQ data.
NRF: Import Cargo Enters Winter Lull as Red Sea Disruptions Continue
Inbound cargo volume at the nation’s major container ports should gradually decline during the first quarter of 2024 before increasing in the spring, according to the latest NRF report.
Fila Holdings Promotes Todd Klein to Global Brand President
The company appointed Fila USA President Todd Klein to take on the newly created role of global brand president. In addition to his existing responsibilities, Klein will assume responsibility for overall operations of the Fila brand including global product and marketing strategies.
Crocs Inc. Ups Guidance as Namesake Brand Passes $3 Billion Mark
The parent of the Crocs and HeyDude brands now expects record 2023 revenues of approximately $3.95 billion, which would represent over 11 percent growth compared to 2023, with the Crocs brand exceeding $3 billion.
