SGB Update Footwear
Li Ning Sees High-Single-Digit Q3 Comps
Li Ning Company Ltd. reported same-store sales for its overall platform excluding Li-Ning Young stores registered a high-single-digit increase in the third quarter on a year-on-year basis.
Study Shows Women’s Sport Sponsorships Expanded 20 Percent In 2022
Sponsorship deals across women’s sports increased 20 percent year-over-year (YoY) in 2022, according to a study by sponsorship data and advertising services firm SponsorUnited. Nike and Adidas were the top brand partners for both professional and collegiate sports.
Kelly’s Running Warehouse Rebranded Road Runner Sports Runner’s Outlet
After 19 years as an independent operation, Kelly Running Warehouse has officially been absorbed by its parent company, Road Runner Sports. The move aims to streamline operations by rebranding the discount outlet as Road Runner Sports Runner’s Outlet.
Sports Excellence Names Director, U.S. Retail Development
Sports Excellence, the Canadian buying group, announced that it hired Steve Rixe as director of U.S. retail development.
New Balance To Establish Distribution Operations In Tennessee
New Balance Athletics plans to invest $68.5 million in a new distribution center in Lebanon, TN.
Xero Shoes Hires VP Of Product Development
Xero Shoes hired John Wadley as VP of product development. He comes to the company from VF Corp.’s Altra brand, where he was director of product innovation and sustainability.
Twisted X Names Senior Director Of Sales
Twisted X Global Brands, the manufacturer of Western footwear, announced it promoted Clayton Smith to senior director of sales.
The Sustainable Apparel Coalition Makes Hires
The Sustainable Apparel Coalition hired Lee Green as senior director marketing and communications and Nadia York, as chief of staff.
Skechers Sues Hermès For Patent Infringement
Skechers USA, Inc. announced that it had sued Hermès International and Hermès of Paris for patent infringement of its proprietary Massage Fit sole technology.
Vasque Adds Three Hires In Product, Merchandising And Sales
Vasque Footwear announced it added new hires in its product, merchandising and sales departments, including Brandon Gough as North American sales manager, Jess Sandrin as product line merchant and Scott Kendall as footwear designer.
Sorel’s Headquarters Moving To Washington County
Columbia Sportswear announced its Sorel brand is moving its headquarters in early 2023 to a single-use building on the company’s Washington county campus. Currently, Sorel’s headquarters are located in downtown Portland, OR.
Nordstrom Announces CFO Transition
Nordstrom, Inc. announced that its CFO, Anne Bramman, had informed the company that she was resigning effective December 2. Bramman will remain through the reporting of Nordstrom’s third-quarter 2022 financial results.
Anta Sees Positive Retail Growth In Third Quarter
Anta Sports Products, Ltd., in an update, reported retail sales growth of mid-single-digits for Anta branded products and low-teens for Fila products in the third quarter.
REI To Open Store In Huntington, NY In Summer 2023
REI Co-op will open a new store in Huntington, NY, in the summer of 2023, the retailer’s seventh location in the Tri-State region.
Frasers Group Acquires Sneakerboy
Frasers Group has acquired Australian luxury footwear and streetwear retailer Sneakerboy for an undisclosed amount.
