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.

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.

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.