SGB Update Footwear

Thule’s Vancouver Store To Open In December
Thule announced it would open its first brand store in Canada in West Vancouver, BC. This 2,000-square-foot retail store will showcase all its product categories and will open in December 2021.

VF Corp. Appoints VP, Investor Relations
VF Corporation announced the appointment of Allegra Perry to vice president, investor relations, effective January 2022. Perry will report to VF’s chief financial officer, Matt Puckett.

JCPenney Appoints CEO
JCPenney announced the appointment of Marc Rosen as chief executive officer, effective November 1, 2021. He most recently led the Americas regions for Levi Strauss.

Hoka To Sponsor UTMB World Series
Hoka, a division of Deckers Brands, has formed a multi-year partnership to become the technical footwear and apparel partner of the UTMB World Series.

San Pedro Bay Ports Announce New Measure To Clear Cargo
In an effort to improve cargo movement amid congestion and record volume, the ports of Long Beach and Los Angeles will begin assessing a surcharge to ocean carriers for import containers that dwell in marine terminals.

Li-Ning Sees Robust Q3 Revenue Gains
China’s Li-Ning Company Ltd. reported same-store sales for the third quarter ended September 30 rose in the high-twenties increase on a year-on-year basis.
Columbia Sportswear Promotes Burns To VP, Investor Relations And Strategic Planning
Columbia Sportswear Company promoted Andrew Burns to vice president, strategic planning and investor relations.

Golf Rounds Played Decline 8.0 Percent In September
According to Golf Datatech, golf rounds played were down 8.0 percent in September but are still ahead 8.4 perfect year-to-date.

Michael Jordan’s 1984 Sneakers Set Record In Auction Sale
A pair of sneakers worn by NBA Michael Jordan early in his career sold Sunday at a Sotheby’s auction in Las Vegas for nearly $1.5 million, setting a record price at an auction for game-worn footwear.

Allbirds Seeks $2 Billion Valuation In IPO
Allbirds Inc aims to be valued at over $2 billion in its initial public offering, according to an updated filing with the Securities & Exchange Commission.
JD Sports Acquires Majority Stake In Greece’s Cosmos
JD Sports Fashion Plc announced that it acquired 80 percent of Cosmos Sport S.A. Based in Crete, Greece, Cosmos operates 57 stores in Greece and three in Cyprus under a variety of retail banners and associated trading websites.

Eddie Bauer To Close All Stores In Japan
Eddie Bauer Japan Co. plans to close all of its approximately 60 stores and online shopping website by the end of December as the brand exits the Japanese market, according to The Japan Times.
Puma To Sponsor Northern Colorado Hailstorm FC
Puma announced an official partnership with Hailstorm FC, Northern Colorado’s first professional soccer team.
The Ironman Group Acquires Indoor Cycling App Fulgaz
The Ironman Group announced the acquisition of the indoor virtual cycling app, FulGaz as part of a plan to expand its connected fitness offerings.

NRF Survey: Holiday Spending To Be Even With 2020 Levels
Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families this year, on par with consumer spending last year, per the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.