P.F. Flyers Announces Brand Refresh, Expands Into Wholesale Distribution
P.F. Flyer’s partnership with Revolve and the Desert Adventure collection are the starting point of new offerings from the heritage company with plans to roll out more over the next year.
The Buckle Appoints VP of Women’s Merchandising
Stacey Manary has been employed by The Buckle since September 1995 and, most recently, was the retailer’s director of women’s denim merchandising and operations.
The Buckle Comps Down 9.4 Percent in Fiscal March
Net sales for the 2024 fiscal March period decreased 8.0 percent to $104.3 million from net sales of $113.4 million for the prior-year comparative period.
EXEC: Lululemon, Patagonia and Vuori Top Best Brands for Resale Report
Active lifestyle brands dominated the leader board in the latest annual resale report from ThredUp and doubled representation in the report’s Top 20 for Best Brands for Resale.
EXEC: First Quarter Footwear Manufacturing Sees Mixed Results
Long-time Nike manufacturing partner Feng Tay posted a solid 6.5 percent increase for Q1, while footwear shipments at Yue Yuen, one of the biggest makers of athletic and outdoor footwear, saw flat shipments for the quarter.
EXEC: 361 Degrees Posts Strong Double-Digit Q1 Retail Sales Growth
Retail sales performance of the 361° core branded product in offline channels posted high-teens growth compared to the year-ago comparative period, while sales generated via the 361° e-commerce platform increased approximately 20 percent to 25 percent in Q1.
Carbitex Strengthens Global Team With New Hires
Filippo Sartor was hired as VP of global sales and Sam Gardner as VP of engineering and operations to better serve strategic brand partners, achieve forecasted growth in the short and long term and expand global market presence.
OrthoLite Expands Patent Protection for Hybrid Technology Line
As of April 2, 2024, OrthoLite holds three design patents protecting the visual aesthetics of its Hybrid line against knock-off products, and should competitors try to challenge its IP claim.
EXEC: Sports Direct Parent Looks to Expand Presence in the Netherlands
Frasers Group has signed a deal to acquire Dutch sports retailer Twin Sport BV as it looks to expand its footprint across the Benelux region and beyond. Frasers currently has five stores in the Netherlands under the Sports World banner.
Macy’s Inc. Appoints Two New Board Members as Acquisition Talks Move Forward
Investor Arkhouse Management nominees Ric Clark and Rick Markee have been appointed to the Macy’s Inc. Board of Directors, heading off a broader proxy fight, while Macy’s and Arkhouse move forward with buy-out talks.
Puma Launches Brand Campaign to Strengthen Sports Performance Positioning
It is the first time that Puma has one message—Forever. Faster.—throughout an entire year and across all performance categories, including Football, Running, Basketball, and Handball.
EXEC: Nike and Lululemon Fight Teen Perceptions as Smaller Brands Take Share
With all the conversations about Wall Street darlings Lululemon and Nike stumbling this spring after recent earnings reports for their most recent quarters, it is interesting to read the hard data supporting or countering early reactions.
NRF: Despite Baltimore Port Shutdown, Import Cargo Expected to Hit 2M Containers
The Baltimore bridge accident will likely shift container imports and exports to New York/New Jersey, Virginia and other surrounding ports until a shipping channel is cleared, perhaps as soon as within a couple of months.
Allbirds, Inc. Receives Nasdaq Non-Compliance Notice on Closing Bid Price
Allbirds is no longer in compliance with Nasdaq’s Listing Rule 5450(a)(1) because the closing bid price of its Class A common stock has fallen below $1.00 per share for 30 consecutive days.
Sportsshoes.com Appoints First Partnerships Coordinator
Georgia Malir will manage run and fitness community partnerships. She joins the company from Saucony, where she was a technical rep.
