Phaenom Footwear Launches Freeski Boot Collection
Four years in the making, Phaenom’s innovative ski boots are arriving in 200-plus retail doors, globally, across 125 key accounts
Rock/Creek Outfitters to Rebrand to Gearhead Outfitters
Chattanooga, TN-based Rock/Creek Outfitters announced it rebranded to Gearhead Outfitters, which it acquired in 2019.
EXEC: Amer Sports Shares Results of Golden Week in Greater China
The parent of Arx’teryx, Salomon and Wilson Sports said it continues to see an outsized growth opportunity in China, notably in the outdoor segment, which has been resilient despite the weak economy.
Nordstrom to Open Rack Store North of Dallas
The 26,000-square-foot store will be located at The Gates of Prosper, a shopping center that includes Target, Sephora, and HomeGoods, owned and operated by Blue Start Land.
Import Volume Remains Strong Despite Recent Dockworker Strike
The NRF and Hackett Associates, in its recent Global Tracker Report, expect continued elevated shipment levels through October at the nations major container ports despite the recent strike by dockworkers.
Survey: Nearly Two-Thirds of Americans Want to Shop Local More
Lending Tree’s online survey of 2,000 U.S. adults, taken from August 12-14, 2024, found that 90 percent of respondents believe shopping locally positively impacts the quality of their life.
Bain Forecasts Record Black Friday/Cyber Monday Sales
U.S. retail sales over Black Friday – Cyber Monday (BFCM) weekend may set a new record, surpassing $75 billion in sales, according to a forecast from Bain & Company. The weekend is expected to deliver year-over-year growth of around 5 percent, outpacing Bain’s overall holiday sales growth forecast of 3 percent for the entire holiday season.
Golden Goose Debt Ratings Affirmed After Suspended IPO Process
S&P Global Ratings affirmed Golden Goose SpA ‘s debt ratings and removed the ratings from CreditWatch Positive as the Italy-based luxury footwear company has suspended its plans to undergo an initial public offering (IPO).
Sqairz Secures Strategic Investment to Expand Across Sports
Golf footwear upstart Sqairz announced a “significant” strategic investment from Thirty-5 Capital. The funding will be used to help Sqairz expand across multiple sports, including baseball and pickleball.
EXEC: JD Sports Reports Fidelity Subsidiaries Fall Below 5 Percent Voting Rights
FMR LLC has seen its voting rights percentage fall below the 5 percent threshold for reporting purposes to 4.95 percent of JD voting rights. JD Sports is the parent of the JD, Hibbett, Finish Line, DTLR, and Shoe Palace retail brands in the U.S.
Association of Golf Merchandisers Adds Vendor Advisory Board Member
Susan Shade is an industry veteran with over 30 years of professional management experience in apparel, golf, fitness, and e-commerce. At Tharanco Lifestyles, Shade oversees the golf division, which includes distributing the Greg Norman Collection to over 50 countries.
Puma Signs Tyrese Haliburton to Multi-Year Shoe Deal
The shoe deal also sees him as the brand’s “face” in basketball. In 2022, when he was a rookie, he signed with Nike.
EXEC: Footwear Retailers Score Winning Fiscal Q2; BTS Had Solid Start
SGB Media wraps up the fiscal second quarter for footwear sales, as retailers generally delivered a healthy performance across the specialty, family footwear, and sporting goods space—with many helped by strength in athletic brands and a good start to back-to-school selling.
Nike to Replace Under Armour as Wichita State Sponsor
In partnership with BSN Sports, Nike signed a five-year agreement to provide on-field and training gear for 16 varsity sports, beginning July 1, 2025.
NuOrder by Lightspeed Appoints New Head of Revenue
Chris Akrimi, most recently, was the CEO of The Layer, a tech company that “transforms commerce data through AI. ” There, he focused on positioning the company at the “forefront of AI-driven product data management.”
