Crocs To Slash Sourcing Of U.S. Products From China
Crocs Inc. said it expects the amount of U.S. products sourced from China will be below 10 percent for 2020. Currently, Crocs imports approximately 30 percent of its U.S. product from China.
Asics Renews Partnership With Live Nation
Asics said it will continue its multi-year partnership with Live Nation, the leading live entertainment company, as the exclusive footwear sponsor across select venues and festivals in the U.S. and Canada.
Nike’s “Dream Crazier” Earns Best In AICP Show Honors
Nike’s “Dream Crazier” campaign out of Wieden + Kennedy and directed by Kim Gehrig of Somesuch was honored for Advertising Excellence/Single Commercial at the AICP Show, held by the Association of Independent Commercial Producers.
Bass Pro To Sell 11 Cabela’s Stores In Leaseback Transaction
A joint venture led by Sansome Pacific, a real estate investment firm based in San Francisco, has acquired 11 locations of Cabela’s from Bass Pro Shops for $324.3 million as part of a sale-leaseback. Bass Pro will continue to operate the stores.
Under Armour Signs Lamar University
Lamar University athletics and Under Armour announced a new partnership agreement where Under Armour will become the official sports performance outfitter of the Cardinals beginning July 1, 2019.
Kathrine Switzer Memoir Optioned For Film
Kathrine Switzer, women’s running pioneer and sports activist, officially signed with Chastain Film Capital to option the screen rights to her best-selling memoir, Marathon Woman: Running the Race to Revolutionize Women’s Sports.
ISA TanTec Presented At The 38th International Footwear Conference
Thomas Schneider, founder and executive chairman of ISA TanTec, explained how leather is a sustainable and eco-friendly product as a guest speaker at the 38th International Footwear Conference that took place in Guangzhou on May 27.
Scheels To Open Second Colorado Store In Colorado Springs
Scheels broke ground on a new store in Colorado Springs. The store will feature 220,000 square feet of retail space when it opens in April 2021.
Zumiez Q1 Easily Tops Guidance
Zumiez Inc. reported earnings in the first quarter when it expected to show a loss. Comps expanded 3.3 percent, also better than guidance.
Nike Appoints Global Chief Digital Information Officer
Nike Inc. announced that Ratnakar Lavu will become the company’s first global chief digital information officer, effective June 17. Lavu most recently was the chief technology and information officer at Kohl’s,
Adidas Partners With U.S. Soccer Foundation To Support Girls Sports Participation
Adidas has signed up as a founding partner of United for Girls, a new initiative from the U.S. Soccer Foundation aimed at increasing opportunities for young girls and women from underserved communities to play soccer and reap its many benefits.
Nike Introduces Plus-Size Mannequins In London Store
Nike’s renovated flagship in London will be the brand’s first store to feature plus-size and para-sport mannequins. The mannequins are featured on a special floor dedicated to women.
The Buckle Sees May Comps Dip
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended June 1, 2019 decreased 0.8 percent. Net sales decreased 1.1 percent to $61.5 million from net sales of $62.2 million.
Fleet Feet Partners With Brooks On Global Running Day
Fleet Feet is celebrating Global Running Day with its nationwide 5K event, The Big Run.
Skechers Celebrates 20 Years As Public Company
Michael Greenberg, president, Skechers U.S.A. on Tuesday rang the NYSE closing bell to celebrate the company’s 20th year as a public company.
