SGB Update Footwear
Rocky Brands’ Q3 Profits Benefit from Higher Margins, Growth at Xtratuf
Rocky Brands, Inc. reported earnings on an adjusted basis grew 33.4 percent in the third quarter, boosted by healthy full-price selling, pricing actions and a 7 percent revenue gain. Revenue gains were led by Xtratuf, but solid performances were also seen by its other work and outdoor brands, including Georgia Boot, The Original Muck Boot Company and Rocky.
ISPO Munich Moving to Amsterdam
The ISPO sporting goods and outdoor trade fair, which has been held in Munich for more than 50 years, will be held in Amsterdam in 2026, leaving its home in Munich, the show’s organizer, Messe München, announced. Situated in a globally connected hub and home to leading brand headquarters, Amsterdam is expected to strengthen ties with the North American market.
Iconix Founder Cole Cleared on Appeal After Two Fraud Trials
Iconix Brand Group Founder and former Chief Executive Officer Neil Cole was cleared by a New York Federal Appeals Court of charges that he inflated the apparel licensor’s earnings and misled investors a decade ago.
VF Corp.’s Q2 Flies Past Guidance, Q3 Guidance Disappoints
VF Corp.’s earnings declined 13 percent on an adjusted basis in its fiscal second quarter ended September 27 but were well ahead of company guidance. Sales were down 2 percent on a currency-neutral basis, but also topped guidance, with The North Face and Timberland both gaining 4 percent. Vans declined 11 percent on a currency-neutral basis but improved sequentially. Guidance given for the third quarter came in below analyst estimates.
Amazon Plans To Cut 14,000 Corporate Jobs
Amazon plans to lay off as many as 30,000 employees across several divisions, nearly 10 percent of its corporate workforce, in its largest round of layoffs to date.
Piper Sandler Acquires MENA Growth Partners to Strengthen Middle East Presence
Nabeel Siddiqui, managing director at Piper Sandler London, will move to the Abu Dhabi office after closing to head investment banking in the region while continuing oversight of his European business.
Poshmark Appoints First Chief Product Officer
The fashion marketplace for new and used fashion, appointed Heather Friedland as its first chief product officer. With more than 20 years of product leadership experience, Friedland most recently served as chief product officer at Ancestry
Puma Appoints Maria Valdes as Chief Brand Officer; Reorganizes Marketing Functions
Effective immediately, Puma has reorganized its brand marketing with a new structure that includes product creation, innovation, go-to-market, and brand marketing, “to enable stronger, more consistent storytelling for its products.” As a result, Maria Valdes, previously Puma’s chief product officer, was named chief brand officer, overseeing the new organization at the management board level.
U.S. Consumer Confidence Down in October on Inflation Concerns
In the University of Michigan’s U.S. consumer sentiment survey, consumer sentiment declined in October compared with an initial estimate published earlier this month, amid a weakening labor market and stubborn inflation.
Target Eliminating 1,800 Corporate Jobs
Target reported it will eliminate about 1,800 positions, or about 8 percent of its corporate workforce, to “streamline decision-making and accelerate initiatives under its turnaround plan.”
New Balance Opens SoHo Store in Manhattan
New Balance opened a store in Lower Manhattan’s SoHo neighborhood. This is the company’s fourth store in New York City.
Deckers Brands Fiscal Q2 Tops Guidance on Hoka and Ugg Momentum
Deckers Brands reported earnings in the fiscal second quarter ended September 30 that handily topped guidance. Sales gains for both Hoka and Ugg slowed sequentially but topped expectations.
Tractor Supply’s Q3 Comps Climb 3.9 Percent
Tractor Supply Company reported earnings grew 7.4 percent in the third quarter ended September 27, 2025, as same-store sales advanced 3.9 percent. Third quarter EPS of $0.49 was $0.01 better than the analyst estimate of $0.48.
Puma Appoints VP of Global Retail
Puma has appointed industry veteran Ronald Reijmers as vice president of Global Retail, effective November 1. The company is also splitting its direct-to-consumer business into two dedicated focus areas: Global Retail and Global E-Commerce. New leadership will be announced in the coming weeks.
Salomon Opens First California Store
Salomon has expanded to the West Coast with the opening of its first California store in West Hollywood — its fourth U.S. location, at 8620 Melrose Avenue.
