Zumiez Focuses On Culture And Newness
Zumiez’s focus on employee empowerment and commitment to new brands continues to be the cornerstones of its success, Chris Work, its CFO, said Thursday at the B. Riley 3rd Annual Consumer Conference.
Shoe Carnival Testing Puma Shops
Following last year’s promising roll out of Nike shops, Shoe Carnival is testing Puma in-store shops in several stores.
Nike Under Investigation In College Basketball Bribery Scandal
Nike’s grassroots basketball division, the Elite Youth Basketball League (EYBL), has been served with a subpoena as part of the federal investigation into alleged corruption in college basketball, according to numerous media reports.
Asics Partners With Virgin Sport Festival
Asics signed on as the official athletic performance partner of the first-ever Virgin Sport Festival of Fitness in San Francisco.
Ugg Unveils Flagship Store At World Trade Center
Ugg, a division of Deckers Brands, opened its newest flagship location at the Westfield World Trade Center in downtown New York City.
HanesBrands Donates Activewear To Assist Hurricane Victims
HanesBrands announced that it is donating more than 1 million items of underwear and activewear to assist hurricane victims in Florida and Puerto Rico and is using its operations in Puerto Rico and the Dominican Republic to supply essentials to Puerto Rico employees.
Macy’s Reinvents Loyalty With New Star Rewards
Rewards are tiered by level, with Macy’s best customers receiving benefits that include free shipping, additional savings and earned points on every purchase.
Darn Tough Vermont Hires Director Of Quality And Continuous Improvement
Darn Tough Vermont has appointed Chad DeJong as director of quality and continuous improvement.
DSW Sets New Mission, Strategic Plans
DSW announced a new brand mission, supported by key strategic initiatives focused on building engaging customer experiences, distorting traditional assortment, enabling associate product knowledge and improving operational execution.
Will Sports Marketing Change Post-Bribery Scandal?
Will the arrest of Jim Gatto, the director of global sports marketing at Adidas, in the college basketball bribery scheme soon lead to charges against other sports industry execs and an overhaul of sports sponsorships?
Nike’s U.S. Challenges Continue
Andrew Campion, Nike’s CFO and EVP, said on a conference call with analysts, “Given all of these dynamics, just one quarter into the year, it’s unclear, and I wouldn’t say precisely where North America will land for the full fiscal year.”
Khombu Names Breezy Johnson As Brand Ambassador
The first female U.S. ski team member to partner with Khombu, Johnson will serve as the brand ambassador for the Fall/Winter 2017-2018 season
Supra And KR3W Names President
K-Swiss Global Brands (KSGB), a division of the privately held Korean company E-Land Group and owner of the K-Swiss, Palladium, PLDM, OTZ Shoes, Supra and KR3W brands, appointed Steve Harden as president of Supra Footwear and KR3W Denim Co.
Kohl’s Announces CEO Succession Plan
Kohl’s announced Kevin Mansell, Kohl’s chairman, chief executive officer and president will retire in May 2018. Michelle Gass will assume the CEO role at that time. Sona Chawla, Kohl’s chief operating officer, will assume the role of president.
Nike’s Q1 Profits Slide
Nike reported earnings slumped 23.9 percent in the first quarter ended August 31 due to flat sales, eroding gross margins and expenses to cover workforce reductions as part of its Consumer Direct Offense. Earnings still came in 9 cents ahead of Wall Street’s consensus target.
