Fan Outfitters to Continue National Retail Expansion in 2024
A new Lids Sports Group business, Fan Outfiitters’ stores aim to support the sports fan with local team products
Sportsman’s Warehouse Cuts Board Size to Six Members
Board members Erica Fortune, Gregory P. Hickey and Philip C. Williamson have reportedly notified the Board of Directors of their intent to resign as Board members prior to the company’s 2024 Annual Meeting of Stockholders.
EXEC: Dr. Martens Names New CEO as Wilson Enters Final Year in the Role
As part of an orderly succession plan, and following a thorough search process, the Board promoted its chief brand officer, Ije Nwokorie, to succeed Kenny Wilson as CEO.
G/Fore Takes G.112 Franchise to the Streets
The luxury lifestyle brand and golf footwear manufacturer, expanded its G.112 franchise by launching a street version of the golf shoe.
EXEC: Dr. Martens Sees Tough Year Ahead; U.S. Business Planned Down Double Digits
The company assumed that revenue will decline in single digits year-over-year and could see a worst-case scenario of profit before tax of around one-third of the Fiscal 2024 level.
Made to be Returned: Asics Nimbus Mirai
Asics asks runners to return the Nimbus Mira at the end of its lifecycle to be remade and contribute to its “circular journey”.
The Good Feet Store Appoints Chief Medical Officer
Dr. Mehta is a board-certified orthopedic surgeon with over a decade of experience, having received her training at Columbia University and the Keck School of Medicine at the University of Southern California.
Phaenom Footwear To Debut Globally at Retail Fall 2024
The latest from Full Stack Supply Co, parent of Faction Skis and United Shapes, Phaenom Footwer will be debut globally at retail.
EXEC: Adidas Gets Another Yeezy Lift in Q1; Increases 2024 Guidance
Adidas now expects full-year 2024 currency-neutral revenues to increase at a mid- to high-single-digit rate in 2024, up from its previous forecast for a mid-single-digit increase. The latest Yeezy drop added revenues of around €150 million and an operating profit of around €50 million in the first quarter.
The Athlete’s Foot Opening Two New Stores in Baton Rouge
The retailer is opening two new locations in Baton Rouge, LA. The stores will have grand open celebrations on April 19 and April 20.
Puma Golf Signs Viktor Hovland
Norwegian superstar steps into exclusive shoe deal as he tees it up in Augusta.
Terence Reilly Rejoining Crocs, Inc. as New President of HeyDude Brand
Terence Reilly will join the Crocs, Inc. executive leadership team on April 29, reportinh to company CEO Andrew Rees. Reilly succeeds Rick Blackshaw who is leaving the company effective immediately.
BRC: UK Retail Sales See Good Recovery in March, Outpacing U.S. Trends
The British Retail Consortium said UK total March retail sales increased 3.5 percent year-over-year in March, cycling growth of 5.1 percent in March 2023. This was said to exceed the 3-month average growth of 2.1 percent and the 12-month average growth of 2.9 percent.
Johnston & Murphy Launches “Not Your Dad’s Shoe Company” Campaign
The “Not Your Dad’s Shoe Company” campaign is part of a strategic repositioning that “leverages the brand’s legacy while modernizing to remain relevant and breakthrough in today’s landscape.”
NRF Appears to Promote Two Monthly Sales Trend Reports with Differing Data
March’s core retail sales as defined by the NRF, based on the census data but excluding auto dealers, gas stations, and restaurants, were up 1.1 percent seasonally adjusted from February and up 3.2 percent unadjusted year-over-year.
