SGB Update Footwear
Oboz Footwear Names VP Of Finance
Oboz Footwear hired Rob Leo as VP of finance. He joins Oboz from Skullcandy, Inc.
BSN Sports Acquires Donnelley Sports
BSN Sports has acquired Donnelley Sports, located in Twin Falls, ID.
TJX Sees Modest Q3 Sales Decline Against Tough Comparisons
The TJX Companies, Inc. reported sales for the third quarter of Fiscal 2023 were $12.2 billion, a decrease of 3 percent versus the third quarter of Fiscal 2022. U.S. comp store sales decreased by 2 percent versus a 16 percent increase in U.S. open-only comp store sales in the third quarter of Fiscal 2022.
TJX Names CFO
TJX Cos. Inc. announced that John Klinger has been promoted to executive vice president, chief financial officer, effective January 29, 2023, the beginning of TJX’s fiscal year.
Kamik Names New COO
Kamik, the Canadian boot brand, hired Steeve Côté as chief operating officer, leading global operations, including supply chain management, manufacturing, and logistics.
Shoe Carnival Sees Continued Strong Growth Versus Pre-Pandemic Levels
Shoe Carnival Inc. reported sales were down 4 percent year-over-year in the third quarter ended October 29 but they marked the second highest quarterly result and were up 24 percent against the pre-pandemic third quarter of 2019.
On Again Lifts Guidance Following Strong Q3
On Holding AG raised its full-year outlook again after reporting earnings in the third quarter ended September 30 grew 20.5 percent on an adjusted basis on a 50 percent sales gain.
Katie O’Donohue Re-Joins SGB Media As Associate Publisher
SGB Media, LLC has announced that Katie O’Donohue has joined the company as Associate Publisher, effective immediately.
Nike Announces 11 Percent Increase In Quarterly Dividend
Nike Inc. announced that its Board of Directors approved a quarterly cash dividend of 34 cents per share on the company’s outstanding Class A and Class B Common Stock.
Snow Peak Opens First Shop-in-Shop In Costa Mesa, CA
Snow Peak, the Japanese outdoor lifestyle brand, opened its first shop-in-shop in the U.S., partnering with Costa Mesa, CA-based retailer Seed People’s Market, the outdoor retailer representing over 500 eco-conscious brands.
Genesco Opens New Headquarters In Nashville
Genesco, Inc. formally opened its new headquarters in its hometown of Nashville, TN, on November 3.
Dick’s SG Supply Chain Chief Retires
Dick’s Sporting Goods said in a regulatory filing that Donald J. Germano, EVP, stores and supply chain, retired from his position.
Nike Sued By Odell Beckham, Jr.
NFL wide receiver Odell Beckham, Jr. is suing Nike for refusing to pay him royalties and violating their contract, according to the Portland Business Journal.
Academy Sports To Open Two Stores In West Virginia And Florida
Academy Sports + Outdoors is opening new stores in Barboursville, WV and Tampa Bay, FL, with grand opening events held from November 18 to November 20.
Fila Sees Higher Sales But Lower Profits For 2022
Fila Holdings Corp.’s earnings were down in the third quarter on lower margins. Sales grew modestly as declines for the Fila brand, including a sharp drop in the U.S., were offset by healthy gains for Acushnet, the parent of Titleist and Footjoy. Fila raised its sales outlook for the year but lowered its earnings guidance.
