Management pointed out that Foot Locker returns to growth with Nike on an allocation basis during the holiday season and also have a favorable launch calendar.
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Salesforce: Global Online Sales Reach All-Time High of $315B During Cyber Week
The company said data analyzed for the Cyber Week period revealed a record $314.9 billion in global online sales, with U.S. consumers contributing $76 billion of the total number.
Foot Locker Lowers FY Outlook on Q3 Miss, Promo Pressures, and Weak Consumer
Excluding the effect of foreign exchange rate fluctuations, total sales for Q3 decreased 2.2 percent year-over-year. Comparable sales increased 2.4 percent year-over-year, including North America Foot Locker and Kids Foot Locker comparable sales growth of 6.4 percent.
United Wheels Elevates Bruno Maier to Chief Executive Officer
Maier has deep roots and a proven track record of success in the cycling industry. He started his career as a sales associate at Huffy 30 years ago. He joined UW in 2017 as the president of Allite, Inc., and most recently served as president and COO of United Wheels.
StockX Breaks Pre-Cyber Weekend Trades Record; Sees Continued Momentum Into Holidays
Asics is one of the fastest-growing sneaker brands on StockX and will set a new sales record in 2024. Top picks throughout the weekend included the Asics Gel-1130 Black Pure Silver and the Asics Gel-Kayano 14 Cream Black Metallic Plum.
NSSF: NICS Background Checks Down 9.8 Percent for Thanksgiving Week
NSSF said it has worked with firearm retailers to spread out special sales offers to customers throughout the week leading up to Black Friday so as not to overwhelm FBI NICS on a single day, which can result in longer than normal wait times.
Akaso Appoints U.S. Director of Sales
Eric Squires will take on the role of director of sales for the U.S., overseeing all wholesale, professional and direct sales of the company’s action cameras, Seemor night vision goggles and accessories.
Reports: Black Friday Online Shopping Breaks Records as Brick & Mortar Traffic Wanes
At first glance, it appears that Black Friday weekend did not materialize as hoped or expected this year as e-commerce came out the clear winner for Black Friday and brick & mortar sales suffered for the official start of the Christmas holiday shopping season.
Avenue Sports Fund and Playmaker Fund Partner to Source and Fund Sports Opportunities
The Fund’s athlete team includes Stephen Curry, Lauren Holiday, Harry Kane, Candace Parker, Michael Strahan and Lindsey Vonn.
Nike Taps Makeup Artist and Creator to Reimagine the Air Max Dn Silhouette
Isamaya Ffrench, the British makeup artist and creator, worked with Nike on creating new colorways of the latest Nike Air Max Dn.
EXEC: Golden Goose Gets Double-Digit EBITDA Boost in YTD Period as DTC Stores Lead
EMEA accounted for 49 percent of the Group’s net revenues in the YTD period, while the Americas contributed 38 percent in total revenues. The Americas region posted double-digit growth in the DTC channel due to new store openings and positive retail year-over-year comps.
Jonathan Ram Tapped as CEO at Careismatic Brands
Ram joins the company with a strong background in global executive roles, including at Clarks, HanesBrands, Inc. and New Balance. He is currently serving as immediate past chairman of the Sports & Fitness Industry Association (SFIA) Board of Directors.
Burlington Stores, Inc. Appoints Former Staples CEO to Board
Shira Goodman, former CEO of Staples, Inc., will join Burlington Stores Board of Directors and Audit Committee effective January 1, 2025.
The NFL Signs Licensing Agreement with Bettinardi Golf
The collaboration will introduce officially licensed NFL-branded Bettinardi products to market for the NFL’s 32 teams, including putters, wedges, irons, ball markers, divot tools, putting cups, cigar trays, and headcovers.
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