SGB Update Footwear
Arc’teryx Appoints VP Footwear
Arc’teryx Equipment has appointed Ovidio Garcia as VP, footwear, effective immediately. In his new role, Garcia is responsible for leading the brand’s footwear strategy reporting directly to Katie Becker, chief creative officer, Arc’teryx.
Puma Partners With Oklahoma’s FC Tulsa
Puma has formed a multi-year agreement to be the Official Soccer Apparel Partner of FC Tulsa, the American professional soccer team.
Nike Opens Nike Live In Las Vegas
Nike has opened a Nike Live at Downtown Summerlin in the Western outskirts of Las Vegas.
DSW’s Parent Sees Strong Sales Bounceback In Third Quarter
Designer Brands reported a profit against a loss in the third quarter ended October 31 as same-store sales improved 40.8 percent year-over-year. The company also said inventory for the retail segments significantly improved to end the third quarter flat to the same period in fiscal 2019.
Callaway Appoints Board Member
Callaway Golf Company announced Bavan M. Holloway has been appointed to its Board of Directors, bringing the number of members to 13.
Outdoor Retailer In-Person Snow Show Returns To Denver In 2022
Outdoor Retailer Snow Show returns to Denver, CO, January 26-28, 2022, with in-person education, a redesigned floor plan centered around the “Resource Center,” and includes an information hub to access industry insights from experts.
Acai Roots Appoints CEO
Acai Roots appointed Jeff Moore, former Reef global president & VF executive, as CEO.
Kohl’s Faces Activist Pressure To Spin Off Online Business
An activist group, a New York-based hedge fund, Engine Capital, is pressuring Kohl’s to consider either a sale or a separation of its online business. The request follows a similar move by Saks Fifth Avenue.
The Buckle Issues Special Dividend
Buckle Inc. announced that at its quarterly meeting of the Board of Directors, held on December 3, 2021, the Board authorized a $5.65 per share special cash dividend.
NRF Economist Predicts Holiday Shopping Could Beat Forecast
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, according to NRF Chief Economist Jack Kleinhenz.
SquadLocker Partners With rSchoolToday
SquadLocker has been named a service and apparel provider for rSchoolToday, a cloud-based software solution company serving the K-12 market.
PGA Golf Exhibitions Appoints Events Manager
PGA Golf Exhibitions announced that Lisa Langas has joined the PGA Show management team at Reed Exhibitions as the Event Manager.
Shoe Carnival Announces Acquisition Of Shoe Station
Shoe Carnival, Inc. announced that it had acquired substantially all of the assets of privately-held, family-owned Shoe Station, Inc., which operates 21 stores in five Southeastern states. The Shoe Station assets were acquired for $67 million.
Genesco’s Q3 Revenues Expand 25 Percent
Genesco Inc. reported sales net income gained 69 percent in the third quarter. Net sales increased 25 percent from last year and grew 12 percent over the third quarter two years ago. Results were well ahead of Wall Street’s targets.
Hibbett’s Q3 Comps Gain 13 Percent
Hibbett Inc. reported flat earnings in the third quarter ended October 30 as sales grew 15.2 percent against challenging comparisons in the year-ago period. Same-store sales in the third quarter climbed 13.0 percent against a 37.4 percent jump a year ago. Hibbett again raised its full-year guidance as results topped Wall Street’s targets.
