Adidas Originals Opens NYC Flagship
Adidas Originals will open a new U.S. flagship store on Spring Street in New York City on August 17.
FDRA Report: Kids Footwear Duties Increased 191 Percent Since 2005
A new back-to-school report on children’s footwear, conducted by the Footwear Distributors and retailers of America (FDRA) shows that duties have increased 191 percent over the past 10 years.
Obama Nudges TPP Process Forward
The administration’s release of a draft statement on the Trans-Pacific Partnership indicates its intent to push the deal through a lame duck Congress.
The TJX Companies Inc. Grew Q2 Comps 4 Percent
The off-price retailer, which serves as a clearance outlet for athletic and outdoor apparel brands, increased net sales 7 percent in the quarter ended July 30.
Wolverine World Wide Updates Buy Back Plans
The owner of Merrell, Sperry and Saucony said its board approved a plan to repurchase $300 million shares and issue a $250 million, 10-year senior note.
Dick’s SG Beats Q2 Earnings Guidance
The retailer handily beat its guidance for consolidated net income and same-store sales growth in its latest quarter thanks to strong growth in online sales.
361 Degrees 1H Sales Up Nearly 16 Percent
The leading international sportswear brand based in China reported its KIds, online and international business lead growth in the six months ended June 30.
Dick’s Sporting Goods CFO Departs
The retailer, which is expected to report its second-quarter earnings Tuesday morning, said its COO will fill the role until a successor can be found.
Former Ugg President Lands at Vionic
Rishwain will oversee product, marketing and sales at Vionic, and she also joins its board of directors.
Sporting Goods Store Sales Slowed in July
Retail sales at sporting goods stores decreased 2.2 percent seasonally adjusted month to month and increased 1.9 percent unadjusted year over year in July, estimated the National Retail Federation.
Ugg Opens Store in Las Vegas’ Fashion Mall
Ugg (NYSE: DECK) opened its third Las Vegas location at the Fashion Show Mall on the Las Vegas Strip.
Astral Adds Rockies Rep to Boost Footwear Sales
The company, which got its start making PFDs, named a new sales agency to support its growing footwear business in in Colorado, Utah, Wyoming and New Mexico.
Feetures Sales Contest Targets Specialty Retailers
Feetures, a performance sock company, is re-launching their “Pair Up” sales contest to provide an incentive for run specialty retailers to improve their customers’ in-store experience.
The Walking Co. Acquires E-tailer FootSmart
The Walking Company, a comfort-footwear retailer, has acquired online retailer FootSmart from Benchmark Brands.
Aisle Talk, Week of August 8
Headlines from the active lifestyle industry this past week you may have missed.
