SGB Update Footwear
Rural King Opens New Stores in Georgia and North Carolina
The family-owned retailer serving a rural lifestyle, reports that its newest stores are now open in Waycross, GA, the second Georgia store for the retailer this year, and in Rocky Mount, NC.
Skechers Readies Move to New European Distribution Center in 2028
The company will relocate its European distribution center to a 200,000-square-meter facility in Liège, Belgium to support the brand’s strategic expansion across Europe.
On Holding Continues Aggressive Growth But Higher Q3 Costs and EPS Miss Worry Street
On saw its highest gross profit margin since its IPO in September 2021, reaching 60.6 percent of net sales in Q3 2024, reportedly driven by growth in the DTC channel and a “continued disciplined approach to full-price sales.”
Nature’s Sunshine Products Taps Deckers CFO for Board of Directors
Since June 2018, Fasching has served as the CFO of Deckers Brands, which includes iconic brands such as Ugg, Hoka and Teva. Fasching has held other senior positions at Deckers since August 2011, including VP, strategy & investor relations and VP, strategic financial planning.
Fleet Feet Appoints New VP of Marketing and Digital
Jonathan Sipling brings over 20 years of experience to the position. Previously, he was Dish Wireless’s chief merchandising officer.
BJ’s Wholesale Club Promotes Two Senior Operations Leaders
Scott Schmadeke, SVP, field and fresh operations, has been named EVP and chief operations officer, effective immediately, and Krystyna Kostka, SVP of operations, has been named chief supply chain officer.
Von Maur Department Stores Opens First Pennsylvania Store in Pittsburgh
The retailer has opened its newest location at South Hills Village in the suburbs outside Pittsburgh, PA. The 118,000-square-foot store is the company’s first in Pennsylvania.
Zappos Re-Opens Outlet Store in Louisville
The 13,000 square foot outlet store first opened in 2019 after it moved from a previous location in Shepherdsville, KY. It closed in 2022 after the online footwear seller reaccessed the business as the pandemic subsided.
Golden Goose YTD Sales Climb 12 Percent on D2C Boost
Sales the Milan-based luxury streetwear and sneaker brand reached €466 million ($500 mm) in the nine months, up 12 percent year over year, driven by an 18 percent jump in DTC revenues.
FDRA Survey: Athletic Footwear Expected to Lead Holiday Purchases
In a nationwide survey of footwear consumer purchasing habits conducted by the Footwear Distributors and Retailers of America (FDRA) for the upcoming holiday shopping season, many respondents said they would increase their spending on footwear, with the athletic category being the most popular.
L.L.Bean to Open First Indiana Store
The 16,000-square-foot L.L. Bean store will be the retailer’s fourth new location to open in 2024, giving it 61 stores in the U.S.
NRF: Import Cargo Could See Surge Ahead of Potential Port Strike and Trump Tariffs
Import volumes at the nation’s major container ports could be higher than previously expected for the remainder of this year as retailers face another potential East Coast/Gulf Coast port strike and tariff increases planned by President-elect Donald Trump, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Blackcrows Partners with Rapha to Open Nest Pop-Up Shops in Boulder and Seattle
The French ski brand and maker of performance ski products and apparel, opened its first U.S. pop-up shops in collaboration with Rapha in Boulder, CO and Seattle, WA on November 1. They will remain open through the winter season.
StockX CEO to Step Down, COO Named as Successor
StockX announced that company CEO Scott Cutler has chosen to step down at the end of the year, succeeded by the online sneaker marketplace’s Co-Founder, President and COO, Greg Schwartz.
Golden Goose’s Debt Ratings Upgraded on Improving Sales
Moody’s Ratings upgraded Golden Goose S.p.A.’s debt ratings due to its strong revenue and profit performance in recent years with the aid of store openings. Sales have vaulted 60 percent from December 2021 to June 2024.
