SGB Footwear

CFDA Elects New Chairman

The Council of Fashion Designers of America (CFDA) announced that Thom Browne will become its new chairman, effective January 1, 2023. The CFDA Board of Directors unanimously elected the designer to the role for a two-year term.

Nike Once Again Tops Piper Sandler’s Teen Survey

Nike remains the No. 1 brand for teens in apparel (31 percent) and footwear (60 percent ), according to Piper Sandler’s 44th Semi-Annual Generation Z survey.  Lululemon, Converse, Crocs, and Hey Dude also gained traction.

Adobe Predicts Modest Online Gain In Holiday Sales

Adobe expects U.S. online holiday sales to reach $209.7 billion from November 1 to December 31, representing a 2.5 percent growth year-over-year. During the 2021 holiday shopping season, $204.5 billion was spent online, growing 8.6 percent YoY, with consumers uncertain about returning to physical stores due to lingering pandemic concerns.

Imports Headed To Lowest Level Since Early 2021

Imports at the nation’s major container ports are expected to fall to their lowest level in nearly two years by the end of 2022 even though retail sales continue to grow, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Jordan Brand VP Joins Sony

Andrea Perez, formerly global vice president and general manager of Jordan Women’s, has joined Sony as SVP global marketing, product, brand and services with a focus on its Playstation brand.