SGB Update Footwear

Superfeet Welcomes New CEO

 Superfeet hired Nike veteran Trip Randall as CEO, whose experience in the footwear industry comes from working more than 23 years across a diverse range of positions at Nike including vice president and general manager of Nike Running in North America, global vice president and general manager of Nike.com and vice president of global sales and marketplace for Nike Kids.

Adobe: Online Prices See Continued Downward Trend In May

Adobe reported online prices in May 2023 fell 2.3 percent year-over-year, the most significant decrease since the pandemic started, marking the ninth consecutive month of year-over-year price decreases with over half of Adobe’s tracked categories (11 of the 18) falling in prices on an annual basis. On a month-over-month (month-on-month) basis, online prices fell 1.2 percent in May.

JD Sports Chairman Named Next Chair Of British Retail Consortium

Andy Higginson, chair of JD Sports Fashion plc, was appointed to succeed Tony De Nunzio as chairman of the British Retail Consortium (BRC), effective September 2023, when De Nunzio completes his tenure as chair of the UK’s retail trade association.

Signa Sports Partners With Tennis Channel

Tennis-Point, the racquet-sports equipment online retailer owned by Signa Sports United, entered into a multiyear agreement with the Tennis Channel to operate tennis.com and a new merchandise site found on TennisShop.com.

Golf Rounds Played Climb In April

Rounds of golf played in April 2023 were up 7.8 percent on a national level year-over-year and up 3.1 percent for the first four months of 2023, according to Golf Datatech.

Former Footwear Industry Exec Stanley Kravetz Passes Away At 90 Years

The family of long-time footwear industry executive Stanley Irving Kravetz announced his passing on June 8 at the age of 90. Stanley was an executive at Timberland, Rockport, Frye Boot, Geox USA and Thorlo, and served on the Boards of Rocky Shoes and Boots and Clark’s of England.

Sports Inc. Renews Partnership With OrderMyGear

Sports, Inc. renewed its partnership with OrderMyGear. Under the multi-year agreement through 2025, OMG maintains the title of Sports, Inc.’s preferred provider of online team stores and group ordering for members.

Frasers Group Forms Joint Venture To Expand In Indonesia

Frasers Group Asia announced a new joint venture agreement with PT Map Active Indonesia to launch Sports Direct in the country. The retail group said the deal is “the first step in a region-wide expansion” between the two and will see the introduction of Sports Direct’s stores across Indonesia, including both the wholesale and retail components.