SGB Footwear

Deckers Brands Appoints CFO

Deckers Brands announced the appointment of Steve Fasching to chief financial officer effective July 16, 2018. Fasching previously served as the company’s senior vice president, corporate strategy, planning & investor relations. He succeeds Tom George, who will transition concurrent with Fasching’s appointment.

Ebay Announces First-Ever Community Sneaker Drop

Ebay kicked off the company’s first-ever community sneaker drop, inviting enthusiasts everywhere to list their most coveted pairs. As part of the drop, select styles at special pricing will be able to purchase direct from Adidas, Stadium Goods and Reebok, all with free shipping. 

Iconix’s CEO Resigns

Iconix Brand Group, Inc. announced that Peter Cuneo, executive chairman of the board of directors, will serve as interim CEO, effective immediately. John Haugh has resigned as chief executive officer, president and a member of the board to pursue other opportunities, also effective immediately.

Macy’s Appoints CTO

Macy’s Inc. announced that Naveen Krishna will be appointed chief technology officer. She was vice president of technology for The Home Depot.

Can Cherokee Stick Landing After ‘Disruptive’ 24 Months?

Cherokee Global Brands ended fiscal 2018 with a loss due to difficulties with the integration of the Hi-Tech brand into the company’s portfolio. And now the start to fiscal 2019 is being marred by the sale of Flip Flop Shops. Can the Tony Hawk brand and others save the company?

Aisle Talk Week of June 11

Top headlines from the active lifestyle industry you may have missed this week, including Eddie Bauer and PacSun combining under a new operating company.

Eric Sprunk Discusses Nike’s Sustainability Journey

Speaking recently at the Copenhagen Fashion Summit, Nike Inc.’s COO Eric Sprunk said Nike now knows “sustainability drives innovation and improves the performance of everything we make.” But he spent a large chunk of his keynote session discussing the brand’s shortfalls in the past and its long “journey” to embracing that mindset.

May Retail Sales Up 5.6 Percent Over Last Year

May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation said Thursday. The numbers exclude automobiles, gasoline stations and restaurants.

Adidas, Nike Again Dominate World Cup

With FIFA World Cup 2018 starting in Russia, Adidas is sponsoring 12 of the 32 teams, a slight edge over Nike, at 10. Puma has four teams, New Balance has two and Umbro has one team, Peru.