SGB Footwear

Adidas Partners With University Of Hawaii At Manoa

Adidas signed a four-year partnership with the University of Hawaii at Manoa. Adidas becomes the official athletic footwear, apparel and accessory brand of the Rainbow Warriors and Rainbow Wahine through the 2024/25 season.

Crocs’ Q2 Revenues Surge 93 Percent

Crocs Inc. reported earnings improved significantly in the second quarter as revenues grew 93 percent and 88 percent on a currency-neutral basis. The company raised its sales growth outlook for the year to 60 to 65 percent, up from 40 to 50 percent previously.

Ecco USA President To Step Down

Ecco announced that Dave Quel, president, Ecco USA, would retire at the end of July after 22 years with the company. Klaus Flock, CFO, Ecco USA, will assume the role of interim president until a successor has been appointed.

Report: L Catterton Exploring IPO

L Catterton, which owns Birkenstock, 2XU, West Marine and other consumer brands, has held discussions with banks with a possible initial public offering or SPAC merger, sources told Reuters.

Genesco Shareholders Re-Elect All Company Director Nominees At Annual Meeting

Genesco Inc. announced that, based on a preliminary vote count by its proxy solicitor, shareholders have voted overwhelmingly to re-elect all nine of Genesco’s director nominees to the Board of Directors at its 2021 Annual Meeting of Shareholders. A group of activist investors, led by Legion Partners Asset Management, had been urging shareholders to vote for four of its nominees.

Puma Appoints General Manager Europe

Puma has appointed Richard Teyssier as general manager of Europe, effective September 1, 2021. In this role, Teyssier succeeds Arne Freundt who was appointed as Puma’s chief commercial officer in June.