SGB Update Footwear

Rocky Sells Neos To SureWerx

Rocky Brands Inc. announced that it has sold Neos Overshoe to SureWerx, a manufacturer of safety, tool & equipment products. Terms were not disclosed.

Adidas Extends Partnership With Arsenal

Adidas extended its partnership agreement with premier club league Arsenal until 2030. The announcement comes following a summer where Adidas hosted pre-season training camps for Arsenal’s men’s and women’s teams at its global headquarters in Herzogenaurach, Germany.

Active Ride Shop Acquired By Former President

Active Ride Shop, based in Temecula, CA, announced that The Phoenix Project, Inc, a group led by former Active President, Esmail Mawjee, had purchased the company.

Nike’s Q1 Tops Wall Street Targets

Nike, Inc. reported sales grew 4 percent on a reported basis and 10 percent on a currency-neutral basis in the first quarter ending August 31. 

Toms Hires COO And CFO

Dorothy Sadd was hired as Tom’s global COO and CFO. Most recently, Sadd was CFO and COO at omnichannel fashion brand Unique Vintage.

Macy’s Launches Digital Marketplace

Macy’s announced it launched its digital marketplace on macys.com. The site enables third-party sellers to integrate their products into Macy’s e-commerce structure, with seller tools to monitor, drive and grow their business through Macy’s.

VF Corp. Introduces Fiscal Year 2027 Long-Term Strategic Plan

At its 2022 Investor Day in Denver, CO, VF Corp. will introduce its fiscal year 2027 (FY27) long-term strategic growth plan that calls for sales to climb mid- to high-single-digit percent in constant dollars on average over the next five years with faster earnings growth. VF also downwardly revised its FY23 outlook due partly to lower-than-expected current quarter results.

Tracksmith To Open Store In London

Boston-based Tracksmith is opening its first store in London. The running brand has only one store on Newberry Street in Boston.