Results for "skechers"

Designer Brands Inc. said athleisure comps at the DSW chain in the third quarter surged 38 percent year-over-year and 30 percent compared to the third quarter of 2019. Officials remain bullish on DSW’s ability to continue to capture market share in the overall athletic footwear category despite Nike’s move to stop selling to the off-price chain.

Piper Sandler’s 42nd Semi-Annual Gen-Z Fall Survey found athletic apparel and footwear continue to retain strong appeal among teens. Within apparel, Nike and Lululemon reached new highs in preference. Within footwear, while Nike reigned supreme, Converse and Crocs gained share whereas Vans declined.

A new study from BMO Capital Markets found that although many brands are aggressively shifting towards direct-to-consumer, underlying profitability may be better selling through wholesale channels.

Most vendors in the active lifestyle space reported better-than-expected second-quarter results and raised their 2021 guidance as demand remained resilient. However, supply chain concerns, marked by continued port congestion and recent factory shutdowns in Vietnam that could limit second-half growth, were widely discussed on recent quarterly calls with analysts from VF Corp., Columbia Sportswear, Deckers Brands, Inc., Under Armour, Vista Outdoor, Yeti, Skechers USA, and Wolverine Worldwide. 

SportChek’s same-store sales continued to see a strong recovery, jumping 28.6 percent in the second quarter ended July 3 year-over-year and advancing 5.1 percent over the 2019 second quarter. Canadian Tire Corp.’s officials said the growth reflected strong demand for casual wear as well as athletic footwear and apparel. The gains came despite inventory constraints.

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.

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—From the SGB Family to yours,
we wish you a very Happy and Safe July 4, 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.

A survey of U.S. consumers from Morgan Stanley found that while Nike remains the most dominant athletic shoe and apparel brand among U.S. consumers, Adidas and Puma may be gaining ground at Nike’s expense. The survey showed Adidas is now the favorite athletic shoe and apparel brand in the U.S.

The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of April 19, 2021 covered in the SGB Updates and delivered to your inbox every business day.

The athletic apparel and athletic footwear categories again grew mindshare among the Gen-Z generation, led by increased interest from girls, according to Piper Sandler’s 41st Biannual Taking Stock With Teens Spring 2021 Report. Nike and Lululemon were again the big winners in the active lifestyle space. Other brands increasing in popularity among teens were Crocs, Shein and PacSun, while Vans and Adidas lost ground.