June Retail Sales Up 4.2 Percent Over 2017
June retail sales were up 0.07 percent seasonally adjusted from May’s strong performance and increased 4.2 percent unadjusted year-over-year as economic growth continued despite the U.S. trade war with China and other countries, the National Retail Federation said Monday. The numbers exclude automobiles, gasoline stations and restaurants.
Pentland Brands Appoints Directors To Lead Team Sports, Berghaus & Fashion Footwear
Pentland Brands Limited has announced the appointment of three directors to head up the company’s Team Sports (Canterbury & Mitre), Berghaus and Fashion footwear brands (Ted Baker & Karen Millen).
Retail Report Roundup
Studies arrived last week on BTS selling arriving early, stores dominating BTS selling, Amazon Prime Day launching BTS season, U.S. retail CEOs who are bullish on growth, Nordstrom’s high emotional intelligence ranking, Amazon’s broadening influence and loyalty-program inhibitors.
Reebok Partners With Danai Gurira
Reebok announced a new partnership with women’s award-winning playwright and actor Danai Gurira
SGB Executive Q&A: Oofos’ Steve Gallo
Steve Gallo, president of Offos, discusses what’s behind the recovery-footwear leader’s explosive growth, the brand’s fanatical fans and the still-emerging recovering footwear opportunity.
Aisle Talk Week Of July 9
Top headlines from the active lifestyle industry you may have missed this week, including Fabletic’s big hires and ambitious plans to reach 100 stores.
RECALL: Burton Snowboard Boots
About 4,800 pairs of Burton Step On snowboard boots are being recalled. The boots can release from the binding unexpectedly, posing a fall hazard to the user.
Does 2026 World Cup Present “Open Goal” For Adidas?
In a 26-page report, analysts at Macquarie Research said the 2026 World Cup, which is taking place in North America, represents a major opportunity for Adidas to increase the company’s lead in the sport of global football (soccer) and could significantly help narrow the company’s wide gap in U.S. market share against Nike.
Deutsche Bank Sees Momentum At Vans, Bounce Back For North Face
Deutsche Bank Research initiated coverage of VF Corp. with a “Buy” rating in part because the firm sees Vans continuing to benefit from healthy streetwear trends in the years ahead while The North Face appears ready to re-accelerate growth.
VF’s Earns National Recognition in Diversity MBA Ranking
VF Corporation has been named one of the 50 “Best Places for Women & Diverse Managers to Work” in 2018 by Diversity MBA, a national leadership organization.
Nike Adds Cathleen Benko To Board
Benko is vice chairman and managing principal of Deloitte LLP.
Nike Opens Nike Live Concept
Powered by the insights and engagement of thousands of NikePlus members across five zip codes in L.A., the store is a uniquely curated home for NikePlus Members and the style, sport and speed-obsessed consumers of the city.
The Buckle’s Comps Dip In June
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the five-week period ended July 7, 2018 decreased 1.2 percent.
Shoe Carnival Introduces Updated Shoe Perks Loyalty Program
The refreshed program will offer a new mix of benefits optimized to maximize customer appeal and reach and will introduce a new Gold Tier.
Retailers Go Digital With Saucony’s Great American Running Store Challenge
Earlier this month, Saucony launched the Great American Running Store Campaign, honoring retailers and local communities throughout the U.S., encouraging consumers to “Run Big and Shop Small.” A unique digital extension of the campaign is a FitRankings-powered digital challenge, which will place retailers in a real-time, head-to-head competition for miles from July 11-July 21.
