EXEC: Sports Footwear Shipments Drive Q2 Growth for Stella Int’l
Average selling prices (ASP) declined 5.0 percent to $28.70 per pair, compared to $30.20 per paid in the year-ago quarter, also due to the higher proportion of Sports category orders.
EXEC: Wall Street Sounds Off on VF Corp’s Supreme Sale
SGB Executive compiled input from notes produced by a range of Wall Street sell-side analysts to get a feel for how the deal is being viewed and measure if the perspectives of the Street are fairly universal. They were not.
Beyond, Inc. Re-Launches Overstock.com with Expansion of Categories
The revived Overstock.com, another retail rehab project led by investor and business mentor Marcus Lemonis, now has an inventory lineup that includes closeouts, liquidation, factory direct, and reverse logistics merchandise.
New Balance Partners With the WNBA to Expand Basketball Presence
NB will create broadcast, digital and retail content featuring NB athlete and WNBA rookie Cameron Brink, the second overall selection in the WNBA Draft 2024 presented by State Farm, who signed a NIL deal with NB in 2023.
Birkenstock to Open First Storefront in Paris
Founded in 1774, Birkenstock’s first free-standing store will open on July 20 in Paris’ Marais district.
Birkenstock Promotes Van Schalkwyk to Managing Director Pasewalk Facility
Thomas van Schalkwyk, a South African national, oversees the daily operations at Birkenstock’s newest 35,000-square-meter production factory in the Berlin-Szczecin industrial park near Pasewalk, Germany. He has extensive experience in the manufacturing sector.
CBP Officers Seize Crocs Counterfeit Clogs at Rochester Port of Entry
Officers at the Rochester port of entry seized various designer items, including beauty products and dietary supplements, along with a shipment of Crocs Classic Clogs, for bearing counterfeit trademarks.
Reebok x Juicy Drop Limited Edition Footwear and Apparel Collection
Reebok’s sport heritage mixes with Juicy rhinestones and Velvet in this limited-edition footwear and apparel capsule collection.
Crocs, Inc. and Mosaic Brand Limited Settle Australia Lawsuit
Crocs filed the case against Mosaic in late 2021 when the company found that Mosaic was selling footwear that Crocs alleged was deceptively similar to its Classic Clog.
Play It Again Sports Parent Sees Flat Q2 on Planned Decline in Leasing Revenue
The company recently made the decision to no longer solicit new leasing customers and pursue an orderly run-off of its middle-market leasing portfolio. Resulting leasing revenue was halved year-over-year.
Ralph Lauren Issues Statement Relating to Recent Indonesia Media Reports
The company said it does not directly operate any stores in Indonesia, nor has it authorized or entered into an agreement with any partner or distributor to operate any “Polo Ralph Lauren” or other “Ralph Lauren” branded stores in Indonesia.
Skechers Expands United Legwear & Apparel Partnership with EU and UK Distribution
Skechers will now have dedicated showroom space at ULAC Europe B.V.’s headquarters in Amsterdam and in its London showroom for its lifestyle and performance socks for men, women and kids.
Allbirds Appoints New VP of Design
Before joining Allbirds, Isreal was the global creative director for Salomon. Before that, he spent a cumulative eight years at Specialized Bicycle Components.
Trango Signs Climbing Icon Ben Rueck to Elite Team
Rueck is a member of Team Tenaya, with Trango serving as the exclusive U.S. distributor for Tenaya footwear. Rueck’s essential gear includes the Tenaya Indalo, Mastia Climbing Shoes and the Trango Prism Harness.
Vans “Always Pushing” Campaign Highlights Off The Wall Mindset
Vans tapped creatives that “embody the ‘Always Pushing’ ethos … to create a tapestry of content that spans cities worldwide, from Paris to LA and Tokyo,” developed in partnership with Alex/2Tone.
