The coronavirus, or COVID-19, is wreaking havoc across the global supply chain. SGB Executive’s latest report looks at the outbreak’s economic impact on the active lifestyle marketplace, including how companies, consumers and even trade show operators are reacting.
Results for "crocs"
Aisle Talk Week Of January 13
Top headlines from across the active lifestyle industry featured in SGB during the week of January 13, 2020.
Active Stocks Bounce Back In 2019
After two challenging years, stocks in the active lifestyle space saw a strong recovery in 2019 as the broader stock market delivered its biggest gains since 2013. Among stocks seeing their values spike were Yeti, Hibbett Sports, Lululemon, Skechers, Dick’s Sporting Goods and Sportsman’s Warehouse.
Aisle Talk Week Of December 16
Top headlines from across the active lifestyle industry featured in SGB during the week of December 16, 2019.
Analyst Reaction: Black Friday Garners Mixed Reviews
More consumers surfed rather than drove for their purchases on Black Friday as online sales accounted for a record $7.4 billion spent during the holiday shopping extravaganza, according to Adobe Analytics. But while analysts reacted positively to the overall buoyancy of Black Friday and the unofficial kickoff to the holiday shopping season, those who focus on the active lifestyle marketplace were more tempered in their reports.
Tariff Impact Offsets Famous Footwear’s Solid Q3 For Caleres
A solid showing from Famous Footwear helped drive Caleres to record revenue in the third quarter, but the impact of tariffs took a toll during the period and should persist into Q4, the company said Monday. The increased tariffs, specifically those on List 4A, resulted in adjusted earnings per share of 78 cents, which missed Wall Street’s target by 5 cents.
Tariff Talk Heats Up On Q3 Conference Calls
With a fresh round of tariffs arriving on September 1 and another scheduled to land on December 15, tariff-mitigation strategies were again widely discussed by vendors on recent quarterly conference calls. So far, the impact has been minimal with more concerns expressed about 2020. Tariff insights from VF Corp, Under Armour, Nike, Columbia Sportswear, Vista Outdoor, Clarus and more.
Famous Footwear Opens Newest Flagship Store In New York City
Caleres announced the opening of a new Famous Footwear flagship store at 34th Street and Broadway in New York City on Friday, November 15. This will be the largest of the company’s 32 New York metro area stores.
Aisle Talk Week Of November 4
Top headlines from across the active lifestyle industry featured in SGB during the week of October 28, 2019.
Aisle Talk Week Of October 28
Top headlines from across the active lifestyle industry featured in SGB during the week of October 28, 2019.
Famous Footwear Looks To Tap Some Disney Magic
In her first formal presentation with Wall Street at Caleres’ Investor Day, Molly Adams, president of Famous Footwear, discussed the shoe chain’s strong connections with active families and big opportunities ahead in the sport leisure category. The majority of her talk, however, detailed how her experience working at Walt Disney is helping Famous transform from a “House of Brands” to a “Branded House.”
Piper Jaffray: Casualization Of Fashion Continues
Athletic brands once again commanded the top-spots among fashion preferences for teens, according to Piper Jaffray’s 38th semi-annual Taking Stock With Teens survey. In fact, 75 percent of females and 87 percent of males prefer an athletic brand of footwear – both new peaks. Some brands increasing appeal with teens were Nike, Lululemon, Vans, Crocs and Champion.
Nike And Lululemon Score High In Piper Jaffray’s Teen Survey
Piper Jaffray’s 38th semi-annual Taking Stock With Teens survey shows Nike gaining share within its No. 1 rank and Lululemon hitting a new survey high as the No. 7 preferred apparel brand. Within footwear, Crocs also achieved a new survey record as the 7th preferred footwear brand, behind Birkenstock.
Shoe Carnival Eyeing Strong Back-To-School Selling
Shoe Carnival Inc. reported modest growth in the second quarter but has seen sales accelerate in August. On a conference call with analysts, Cliff Sifford, president and CEO, said back-to-school sales are “progressing nicely” with August sales up 3.5 percent through August 27.
Famous Footwear Boosted By Nike’s Return To Growth
Famous Footwear’s comps grew 1.5 percent in the second quarter, rebounding from a 1 percent decline in the first quarter. Nike’s return to positive growth at the off-price shoe chain played a key role.