EXEC: UK’s Shoe Zone Plc Saw FY Profits Impacted by Weather and Shipping Costs
The UK-based discount footwear retailer said it expects earnings before taxes to decline 40.7 percent in its fiscal year ended September 28 as revenues declined slightly and container prices increased.
Pvolve Signs First Studio Deal for Greater Boston Area
The franchisee is Amanda Reiss, who has served as chief marketing officer for Saucony, Living Proof and other consumer goods.
TeamSnap Appoints New CFO and SVP Marketing
Steven Neel has been hired as chief financial officer and Scott Engelman has been added as SVP of marketing of the provider of youth sports management software.
Fabletics Expands into Mexico with Retail Partnership Deal
The company has expanded into Mexico through a partnership with Liverpool, the omnichannel retail group that has operated for over 177 years in the country.
Report: U.S. Retail Saw Deep Declines in Fashion Categories in Fiscal September
The weakness un the apparel, footwear and accessories categories may lead to some pent-up demand for the Holiday selling season after lagging the stable performance seen in other categories at retail for the 5-week period.
Lululemon to Launch Apparel Range with Fanatics and the NHL
The new Lululemon apparel range will feature 11 of the NHL’s 32 teams this season, including the New York Rangers, Boston Bruins, Toronto Maple Leafs and Vancouver Canucks, with plans to expand to all the league’s franchises next year.
Specialized Launches “Reduce, Reuse, ReSpecialized” Program
The global bike repair program aims “to get one million bikes back on the road by the end of 2025 and also offers “free tune-ups, free helmets for kids, and discounted repairs at participating retail locations worldwide.”
Nike Ordered to Pay Legal Fees in Trademark Dispute
The U.S. District Court for the Eastern District of Pennsylvania has ordered Nike to pay millions in attorney’s fees to Lontex Corporation for its “reckless infringement” of the small Pennsylvania businesses “Cool Compression” trademark.
Global Survey: Running Race Participation Surpasses Pre-Pandemic Levels
The Running USA Global Runner Survey was based 7,400 runners and event participants, was conducted over June and July 2024. Brooks and Asics again ranked as the preferred running and training footwear brands by respondents.
Nike Renews Contract with NBA and WNBA for 12 Years
Nike, Inc. signed on to remain as the exclusive uniform and apparel provider for the National Basketball Association, the WNBA and the G League for another 12 years.
Ottolock Forms U.S. Distribution Partnership with BTI
The new U.S. distribution partnership with with Bicycle Technologies International comes as Ottolock recently added new products to its mobile security offering to pair with its original cinch lock.
RIA Announces ‘Now’ and ‘Future’ Advisory Board Members
The Running Industry Alliance (RIA), the member-based independent national trade organization built for the UK and Ireland’s running industry, announced new members to its Alliance Advisory Boards’ Now’ and ‘Future.’
Whyte’s International Sales Director to Retire
Ross Patterson has worked for 36 years, most of his professional career, at Whyte and its former entity, ATB Sales. Colleague Michelle Lee will succeed him.
Gold’s Gym to Return to Ontario
Toronto native, fitness industry veteran and franchisee, Tony Caparotta, will open 17 venues in the Greater Toronto and Hamilton area (GTAH) as part of the company’s planned expansion in North America.
Topgolf Breaks Ground on New Venue in New Braunfels, TX
The new venue will be in the 400-plus-acre mixed-use development of New Braunfels Town Center at Creekside, a master-planned community, with an opening date in late 2025. This will be the 14th venue in Texas for Topgolf.
