SGB Update Footwear
JD Sports Names Non-Executive Director
JD Sports Fashion PLC said Friday that it has appointed Suzi Williams as a nonexecutive director as the retailer continues to strengthen its board.
Outdoor Retailer Summer Attracts Over 550 Brands For Upcoming Show
Outdoor Retailer said more than 550 brands are exhibiting at Outdoor Retailer this summer in Denver, with over 20 percent representing new exhibitors.
Yue Yuen’s Q1 Sales Hurt By Declines At Pou Sheng
Yue Yuen reported profits grew 3.7 percent in the first quarter despite a 4.0 percent decline In revenues, mainly dragged by weak sales at its Pou Sheng retail chain.
Bemis Acquires France-Based Company, Protechnic
Bemis Associates, the 110-year-old adhesives and specialty films company based in Shirley, MA, and design partner to leading outdoor, sportswear, performance, luxury, and lifestyle brands worldwide, has acquired Cernay, France-based manufacturing company Protechnic.
Mizuno’s Q4 Sales Climb Double-Digits In Americas Region
Mizuno reported sales in the Americas region rose 15.9 percent in the fourth quarter and 30.4 percent in the fiscal year ended March 31.
Dillard’s Q1 Comps Improve 23 Percent
Dillard’s, Inc. reported strong improvement in earnings in the first quarter April 30 as same-store sales improved 23 percent and gross margins rose 470 basis points.
JD Sports Sees Strong Start To Year
JD Sports Fashion Plc. said same-store sales grew more than 5 percent in the first 14 weeks of the new financial year to May 7.
JCPenney Names CMO
JCPenney announced that John Aylward has accepted the position as chief marketing officer effective June 6, 2022.
Puma Appoints Supervisory Board Chair
Puma SE appointed Héloïse Temple-Boyer to chair of its supervisory board. She succeeds Jean-François Palus.
Asics North America Delivers Fifth Consecutive Quarter Of Positive Growth
Asics reported that despite strong sales in North America, net sales decreased 1.1 percent to ¥105,329 million ($822 mm) due to production disruptions caused by shutdown of some factories. In North America, sales increased 12.2 percent to ¥21,112 million ($165 mm).
SportChek’s Comps Jump 10 Percent In First Quarter
Canadian Tire Corp. reported retail sales at SportChek increased 4.5 percent in the first quarter, and comparable sales were up 10.2 percent over the same period last year. Helly Hansen’s sales were up 24 percent. Canadian Tire’s consolidated comparable sales, excluding petroleum, grew 6.4 percent in the first quarter.
Kohl’s Shareholders Vote Against Activist’s Bid To Shake Up Board
Kohl’s shareholders voted to re-elect all 13 members of its board of directors, rejecting an attempt by the activist investor Macellum Advisors to replace up to ten of the board members.
Boot Barn Sales Climbed 48 Percent
Boot Barn Holdings Inc. reported net earnings jumped 81.7 percent in the fiscal fourth quarter ended March 26 as sales grew 48.1 percent. The footwear retailer raised its store count potential to 900 stores from 500.
StockX Appoints First-Ever Chief Impact Officer
StockX announced the expansion of its executive leadership team with the appointment of its first-ever chief impact officer, Damien Hooper-Campbell.
Wolverine World Wide Sees Q1 Revenue And Margins Top Expectations
Wolverine World Wide Inc. reported revenue and operating margin exceeded expectations in the first quarter ended April 2 as sales grew 20 percent. Excluding the acquisition of Sweaty Betty, sales grew 9.9 percent, led by Sperry. Wolverine reiterated its outlook for the year.
