Zumiez’s Comp Increase In June
Zumiez’s comparable sales increased 2.7 percent compared to a comparable sales increase of 5.3 percent a year ago.
Reebok Partners With CFDA
Reebok announced the company’s partnership with the Council of Fashion Designers of America, Inc. (CFDA) The goal of he collaboration is to nurture creativity and the future talent of American fashion.
Adidas Partners With Team Jamaica Lacrosse
Adidas announced a new partnership to become the official athletic footwear, apparel and equipment brand for Team Jamaica Lacrosse.
SFIA Argues Against Trade War
“SFIA believes a trade war will hurt American consumers, businesses and workers. It’s not clear how this gets resolved once it starts,” said SFIA CEO and president Tom Cove.
Dick’s Sporting Goods To Open Stores In Colorado And Virginia
Dick’s Sporting Goods will be opening two new Dick’s Sporting Goods stores in July in Richmond, VA, and Fort Collins, CO.
Sports Basement To Open Largest Store
Sports Basement will open an 88,000 square-foot-store in Redwood City, CA, in early November, representing the chain’s largest location.
Boston Marathon Fundraising Raises $36.6 million In 2018 Race
Boston Marathon participants who ran on behalf of more than 260 non-profit organizations raised $36.6 million for charity in the 122nd year of the historic race. The fundraising total represents a 7 percent increase, or $2.4 million, over 2017’s results.
Asics Becomes IPC Official Supplier
The International Paralympic Committee (IPC) announced Asics as an official supplier until the end of 2020 in an agreement that will benefit a number of Para athletes and developing National Paralympic Committees (NPCs).
Scarpa North America Names Melanie Hood Marketing Manager
Scarpa North America, maker of footwear for the full range of mountain sports, has named Melanie Hood as the company’s marketing manager.
Jefferies Downgrades Genesco To Hold
Jefferies lowered its rating on Genesco Inc. to “hold” from “buy” due to expectations that Journeys’ sales will moderate in part due to expectations that Vans’ recently-robust gains will also show some moderation. The investment firm also cited risks around a Lids’ sale and the stock’s run up so far this year.
Mark Walsh To Lead Avenue
Mark Walsh, the former CEO of Vestis Retail Group (Eastern Mountain Sports/Bob’s Stores), has been appointed chief executive officer of the Avenue brand of women’s plus-size fashion apparel, footwear and accessories.
Report: Nike’s Executive Exits Driven By Board Coup
According to extensive reporting from The Oregonian, Nike’s dismissal early this year of 11 execs was more than fallout from workplace behavior shortfalls stemming from the #MeToo moment. The article describes the exits as a “dramatic boardroom power play” led by Mark Parker, CEO, and company co-founder Phil Knight to oust Trevor Edwards and many of those aligned with him.
Olivia Billingsley Joins OrthoLite As Sales Manager
OrthoLite, a leading provider of insoles, announced the hire of Olivia Billingsley as sales manager, Premium. Billingsley’s expertise will further enhance OrthoLite’s collaborative efforts with brand partners such as Clarks, Kenneth Cole, Keds, Rockport and Michael Kors.
Caleres Acquires Majority Stake In Blowfish Malibu
Caleres announced the company has acquired a controlling interest in Blowfish Malibu, a footwear brand that embraces the California lifestyle.
Yue Yuen’s Sales Climb 5.6 Percent In June
Yue Yuen Industrial Holdings Limited reported sales in June reached $777.3 million against $736.1 million a year ago, representing a gain of 5.6 percent.
