Adidas and Malbon Golf Introduce The Crosby Collection
“The entire collection is an ode to what golf and fashion became at that time in history but also celebrates how those same characteristics and fashion styles from that time still live on with golfers today.” —Dylan Moore, Creative Director, Adidas Golf
Nordstrom Adding Rack Location in Fort Myers, FL
The 31,000-square-foot store will be located at Bell Tower, a central shopping, dining, and entertainment complex in Fort Myers.
Report: Nearly 8 of 10 Online Chargebacks Originate from Consumers, Not Fraud
Based on anonymized data obtained from Chargeflow’s merchant database, the company’s 2024 report found that 79.03 percent of chargeback cases result from friendly fraud, driving the need for businesses to adopt automated fraud detection solutions and educational initiatives.
Ashworth Golf Names Sales Rep of the Year
Ann Johnson’s hard work and determination proved instrumental in opening new doors, securing green grass accounts and delivering significant growth for the company.
G/Fore adds Softspike Stability to Gallivanter Golf Shoe
Designed with ten points of contact with the ground for increased weight dispersion, G/Lock Gallivanter spikes feature center stingers and flexible expanding legs to grip the course.
EXEC: Puma Expects to Come Up Short in 2023; Tempers 2024 Outlook
The company points to the extraordinary 54 percent devaluation of the Argentine peso in December 2023 and the application of hyperinflationary accounting for a miss on its bottom line.
EXEC: Stella International Sees Footwear Shipments Turnaround in Q4
Fourth quarter revenues increased approximately 13.5 percent to $389.5 million, compared to $343.1 million in the prior-year quarter. The increase was the first positive revenue quarter since Q3 2022.
EXEC: Amer Sports Expects 2023 Full-Year Revenues North of $4.35 Billion
Revenue reportedly increased across all operating segments, geographic regions and channels, according to the company’s recently amended F-1 filing statement. The company sees its annual net loss contracting but EBITDA expanding for the year.
Sole Launches the Jasper Chukka with ReCork
“For a long time, innovation in footwear has focused only on comfort and performance, with sustainability being an afterthought. With the Jasper Chukka, we set out to prove that all three can go hand-in-hand,” —Sole and ReCork Founder/CEO Mike Baker.
Skechers Signs Footballer Oleksandr Zinchenko
Arsenal and Ukrainian national team defender to compete in Skechers Football shoes with debut of Diamond Ice Pack.
Academy Sports and Outdoors Appoints Chief Supply Chain Officer
Rob Howell will join the company as SVP and chief supply chain officer in February 2024, reporting to President Sam Johnson. He will oversee supply chain operations, distribution centers, and domestic and international logistics.
Athletic Propulsion Labs Appoints Footwear Vet as SVP of Sales
With a solid background in key account sales management at Vans and Toms, Seth Stern will oversee the luxury performance athletic footwear brand’s global wholesale channel.
Werner Riethmann Departs Active Management of Lowa
After more than 30 years, Werner Riethmann left active management of Lowa Sportschuh GmbH at the end of December 2023. He will remain with the Bavarian hiking and mountain boot specialist as a shareholder with a 20 percent share and in an advisory capacity.
Duluth Trading Appoints New CFO
Heena Agrawal will assume the role of SVP and CFO, effective February 12, 2024.
True Religion to Launch Footwear Range Under New License Deal
True Religion inked a footwear licensing agreement with Orly Corporation for its men’s, women’s, and kid’s footwear collection, which is expected to launch in Fall 2024.
