DSW Inc. Lifts Guidance On Q3 Rebound
Tighter inventory management that drove improvements in gross margin helped the off-price footwear retailer report its first quarterly earnings increase in five quarters.
Fanatics Expands Partnership With 49ers
Fanatics launched an expanded partnership with the San Francisco 49ers to operate on-site retail for fans attending games and events inside of Levi’s Stadium.
Study: Minimal Shoes May Reduce Running Injuries
Runners who wear shoes with no cushioning and land on the ball of their foot rather than the heel put significantly less demand on their bodies, new research from the University of Exeter suggests.
Under Armour To Open Store In Downtown Detroit
The 17,000-square-feet location will be located at 1201 Woodward near the new Nike location.
Hickies Secures Funding
The shoelace startup raised $10 million in new funding in a round led by Sforza Holding.
DSW Names Chief Financial Officer
Jared Poff was promoted to senior vice president, finance, and interim chief financial officer on June 6, 2016. He joined the company in January 2015.
Ugg Partners With Artist Vic Mensa On Footaction Exclusive
The Grammy-nominated artist’s collection will be sold exclusively at Footaction later this month.
Patagonia To Donate 100 Percent Of Black Friday Sales
The donations will go to grassroots organizations working in local communities to protect the air, water and soil.
Anta Enters American Sneaker Biz With Klay Thompson Signature Shoes
Anta America began its venture into the U.S. sneaker business with the release of Klay Thompson’s signature footwear line — the KT2 “Players Edition.”
Dick’s Joins Sports Matter Green Shoelace Movement
The sporting goods retailer will donate $2 from every shoelace sale to its foundation’s Sports Matter program, which is dedicated to helping save underfunded youth sports programs.
Pearl Izumi Opens 2017 ‘Ambador’ Applications
The Ambador name is derived from an excerpt of the Pearl Izumi Pact, where athletes pledge to “Take the a– out of ambassador.”
Hibbett Cuts Guidance On Weather Concerns
Due largely to accelerated markdown on cold-weather merchandise, third-quarter earnings came in short of Wall Street estimates and EPS guidance was lowered for the year.
Sportsman’s Warehouse Sees Post-Election Firearms Upside
CEO John Schaefer sees nothing but upside to the recent Republican victory, despite the irony that a Democrat in the White House greatly improved firearm sales, a key part of the retailer’s business.
Foot Locker Rides Strength In Lifestyle
The sneaker specialist sees a growing momentum for lifestyle running and casual footwear offerings, as well as a resurgence in popularity for Adidas and Puma.
Garmont Re-Enters Canadian Market
The Italian footwear brand, which re-entered the U.S. market more than a year ago after a few years away from North America, named Stephen Bergeron to lead its Canadian efforts.
