Kids Foot Locker has opened its first House of Play community store in Miami, FL, serving local communities with a family experience rooted in play. More stores are planned for 2022.
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Erem Appoints Vice President Of Marketing
Erem announced it had hired Jax Mariash Mustafa as vice president of marketing.
Inside The Call: Foot Locker Confident In Overcoming Supply Chain Hurdles
Foot Locker raised its guidance for the full year after reporting better-than-expected third-quarter results with a boost from strong demand and full-price selling. Officials expressed confidence they’ll be able to offset the severe supply chain headwinds in coming quarters.
Uninterrupted Appoints Creative Director
Uninterrupted, the media company spearheaded by LeBron James and Maverick Carter, has appointed Salehe Bembury as its creative director.
NPD Sees Performance Footwear Sales Climb 15 Percent In Third Quarter
The NPD Group reported total U.S. performance footwear sales grew 15 percent in the third quarter while leisure footwear sales climbed at a slightly lower rate. Fashion footwear sales continued to underperform, decreasing high-single-digits.
Piper Sandler Fall Teen Survey Finds Acceleration In Teen Spending
Piper Sandler’s 42nd Semi-Annual Generation Z Survey finds mid-single growth year-over-year in apparel and footwear spend, led by females. In the active lifestyle space, Nike remains the leading apparel brand for teens while Lululemon gained 200 basis points year over year; Nike is the No. 1 footwear brand—up 500 basis points year over year.
Inside The Call: Foot Locker Expects To Navigate Supply Chain Challenges Through Holiday Selling
Foot Locker reported second-quarter sales and earnings that crushed Wall Street targets, led by an uptick in sales from its women’s and kids categories as well as strong full-price selling. Upbeat guidance was also delivered for the second half as recent heightened supply chain risks are seen holding off until the end of the year.
NPD Sees Performance Footwear Sales Climb 23 Percent In Second Quarter
The NPD Group reported total U.S. performance footwear sales grew 23 percent in the second quarter while leisure footwear sales climbed at a slightly higher rate. Fashion footwear sales decreased mid-single-digits.
Aisle Talk Week Of July 19, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of July 19, 2021 are covered in the SGB Updates and delivered to your inbox every business day.
StockX Sees New Categories Accelerate First-Half Growth
In its mid-year report, StockX revealed another period of explosive growth with the help of expansion into categories beyond sneakers. The report also details the fastest-growing brands across core categories including sneakers, electronics, collectibles, apparel, and accessories. Said StockX CEO Scott Cutler, “There are strong synergies between our core sneaker enthusiasts and those customers who are passionate about apparel, accessories, collectibles, and gaming.”
Aisle Talk Week Of July 12, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of July 12, 2021 are covered in the SGB Updates and delivered to your inbox every business day. This week’s athlete is Mark Wahlberg who, on Thursday, was among the big winners from the initial public offering of F45 Training Holdings Inc. of which he is a partner.
Shoe Carnival Calls Out Vendor Relationships For Strong Gains During Pandemic
At Jefferies 2021 Virtual Consumer Conference, Cliff Sifford, vice chairman and CEO at Shoe Carnival, said the off-pricer’s strong recent performance is partly because it didn’t cancel orders in the early stages of the pandemic and was rewarded with orders as inventory became scarce. However, he said those vendor partnerships have been built over time.
Aisle Talk Week Of June 7, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of June 7, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Athlete is Rocky Brands/Durango Ambassador Athlete Kelsie Chace, Professional Breakaway Roper.
Inside The Call: Foot Locker Moves To Close Footaction As Top-Line Growth Regains Momentum
Foot Locker Inc. surprised investors by reporting first-quarter results that came in well above Wall Street’s estimates and then in a bigger way by announcing its decision to close the Footaction chain. Dick Johnson, Foot Locker’s CEO, said, “Given the timing of the lease expiries, given the timing of the digital effort that we’ve seen, this is the time to make this decision.”
Aisle Talk Week Of April 26, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of April 26, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Ambassador Athlete is Meagan Ethell, Professional Wakeboarder, Body Glove and Red Bull Sponsored Athlete.
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