SGB Update Footwear
Mizuno USA Hit by Cyber Attack
Mizuno USA, a subsidiary of Mizuno Corporation based in Peachtree Corners, GA, confirmed in Data Breach Notification letters that unknown hackers stole files from its network between August and October 2024.
Baltimore’s Princeton Sports to Close After Nearly 90 Years
Baltimore’s Princeton Sports announced that after nearly 90 years in business, it will be closing as Co-owners and Brothers Paul and Alan Davis plan to retire.
Costco Comps Grow 9.8 Percent in January Ex-Fuel
Costco Wholesale Corporation reported net sales of $19.51 billion for the retail month of January, an increase of 9.2 percent from $17.87 billion last year.
The Buckle’s Comps Expand Mid-Single Digits in January
The retailer’s comparable store net sales increased 4.4 percent in the four week period ended February 1 year over year.
Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the third quarter with an 8 percent decline in the North America region.
Brooks Running Posts 9 Percent Growth In 2024
Brooks Running reported sales were up 9 percent in 2024, fueled by growth in every region and channel. The performance marked eight consecutive years of growth for the brand, delivering a 13 percent compound annual growth rate over that horizon.
Canada Goose Misses Q3 Revenue Targets on DTC Softness
Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent.
Sportsman’s Warehouse Taps Walmart Vet Jeff Dunn as Chief Merchant
Dunn was most recently chief merchandising officer at Galaxy Universal. Prior, he served in a variety of merchandising roles at Walmart over a 12-year period, including VP/DMM for Sporting Goods and VP/DMM for Footwear.
Fleet Feet Franchisees Acquire Flying Feet Sports Shoes in York, PA
With stores in Mechanicsburg and Harrisburg, PA, this marks the third Fleet Feet store location owned and operated by Shelby and Fred Joslyn.
Fleet Feet Concord Opens in North Carolina
Mark and Kristin Harris’ Concord, NC store, in the Christenbury Village, is the second for them, as they also own a Fleet Feet store in Huntersville, NC.
Superfeet Makes Four Key Strategic Leadership Hires
The manufacturer of performance insoles has promoted Annie Quammen to chief people officer and hired Dan Bailey as chief growth officer, Mike Donnelly as VP of Marketing, Jiewei Fridgen as VP of Operations, and Heather Allerdice-Gerow as head of Digital Product.
Archive Raises $30M Series B Funding to Expand Resale Intelligence Software
Archive said it has launched new partnerships with New Balance, Fjällräven and Dr. Martens, among others, in addition to expanding existing resale programs with The North Face, DVF, Faherty, and M.M.LaFleur.
JCPenney Launches B2B Website for Commercial Bulk Orders
The department store retailer said its new business-to-business website offers current and potential bulk order customers exclusive access to JCPenney’s vast catalog of products across several divisions.
Black Diamond Wilderness Exchange to Host Grand Re-Opening
The store’s renovation has been ongoing since October 2024, during which BDE reportedly invested in much of the related costs. The newly branded Black Diamond Wilderness Exchange store will host a grand reopening from February 8-16, 2025.
Timberland Appoints New Global Creative Director of Marketing
Drew Villani is responsible for bringing the company’s creative vision to life, including brand marketing, art direction, photography, store design, styling, and video production. Villani joined Timberland from Calvin Klein, where he was the senior director of global creative.
