SGB Update Footwear
Adidas Renews Lease On Downtown Manhattan Flagship
Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway.
Jordan Brand Opens New Store In Milan
Jordan Brand opened its first World of Flight concept store in Milan, Italy. In a statement, the company described the store as “the future of Jordan retail.”
Eastbay To Shutter At End Of The Year
Eastbay announced on its website that it will close at the end of the month.
Report: NFL Invests In Nobull
The National Football League (NFL) has made an investment in training apparel and footwear brand Nobull via the league’s 32 Equity investment fund.
Li Ning Company Adds Independent Non-Executive Director To Board
The board of directors of Li Ning Company, Ltd. appointed Wang Yajuan as an independent non-executive director, effective December 21.
Report: U.S. Holiday Season Retail Sales See Strong Results Aided By Inflation
U.S. retail sales, excluding automotive, increased 7.6 percent year-over-year this holiday season, according to a report from Mastercard SpendingPulse.
Netflix To Stream Nike Training Club Content For Members
Netflix reported it will begin streaming Nike Training Club workouts as part of its content, effective December 30.
Pentland Brands Promotes Rock As President, Americas
Pentland Brands, Ltd. announced that Matt Rock was promoted to president, Americas, Pentland Brands, overseeing Speedo and the company’s portfolio, including Endura and Mitre for the Americas region.
Under Armour Appoints New Corporate President & CEO
Under Armour, Inc. hired current Marriott International President Stephanie Linnartz as president & CEO and as a member of UA’s Board of Directors, effective February 27, 2023.
Primark Opens New Store In City Point, Brooklyn
Primark, the international value fashion retailer, opened a new store in City Point, Brooklyn, NY.
Nike, Inc. Fiscal Q2 Results Beat Street Expectations; Inventories Up 43 Percent
Nike, Inc. reported fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17 percent compared to the prior-year comparable period and up 27 percent on a currency-neutral basis.
Skechers Opens Flagship Store In Ireland
Skechers is elevating its worldwide presence by opening a new flagship store in Ireland on Dublin’s Grafton Street.
Nordstrom Opening New Colorado Rack Store
Nordstrom, Inc. is opening a new Nordstrom Rack in Aurora, CO.
Aetrex Albert 3DFit and Foot.com Named CES 2023 Innovation Award Honoree
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Aetrex, Inc. was named a CES 2023 Innovation Award Honoree for the second year in a row as the company debuts the honorable mention technology—Albert 3DFit and Foot.com Data Portal—at this year’s CES show to be held January 5-8 in Las Vegas.
JD Sports Divests Shares Of 15 Premium Brands
British Retailer JD Sports Fashion Plc is “significantly simplifying” its branded fashion offer through the divestment of 15 UK-based non-core fashion businesses to Frasers Group Plc.
