SGB Update Footwear

Retail Import Growth Levels Out But Volume Remains High

After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022 but volumes will remain high, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Mastercard: Sales Grew 7 Percent In December

Retail sales excluding auto in December rose 6.9 percent compared to December 2020 and gained 8.1 percent against December 2019, according to Mastercard SpendingPulse.

Crocs Raises 2021 Sales Outlook

Crocs Inc. announced it expects record 2021 revenues with approximately 67 percent growth compared to 2020 up from its previous outlook for 62 percent growth. For 2022, revenue growth for the Crocs brand, excluding HEYDUDE, is projected to exceed 20 percent.

Genesco’s Q4 Sales Through December 25 Climb 18 Percent

Genesco, Inc. announced that total overall sales increased by 18 percent and 9 percent for the quarter-to-date period ended December 25, 2021 versus the same period for fiscal 2021 and fiscal 2020, respectively.

PGA Show Enhances Safety Measures For Upcoming Show

The 2022 PGA Show organizers said it has implemented enhanced health and safety measures following CDC guidelines, local public health guidance and host venue protocols for its scheduled in-person Orlando, FL show to be held from January 25-28.

USA Triathlon Appoints Board Members

The National Governing Body of USA Triathlon announced that three independent directors were appointed to its Board of Directors—Felix Stellmaszek, San Francisco, CA and the re-appointment of Henry J. Brandon III, Los Angeles, CA and Monica Paul, Dallas, TX.

HitTrax And MLB Enter Licensing Agreement

InMotion Systems, creator of the HitTrax baseball system, and Major League Baseball have entered into a licensing agreement that allows HitTrax to incorporate MLB assets and trademarks directly into its platform.

Lululemon Names New CEO Of Mirror

Lululemon Athletica, Inc. announced the appointment of Michael Aragon as CEO of Mirror and Lululemon Digital Fitness, effective January 17, 2022. He was the chief content officer at Twitch.

Dick’s SG Raises Full-Year Outlook

Dick’s Sporting Goods Inc. in a regulatory filing Thursday raised its guidance for the full year and provided fourth-quarter earnings guidance that was well above Wall Street’s consensus target.