SGB Update Footwear

New Balance Establishes Athlete Advisory Board

New Balance announced the establishment of the New Balance Athlete Advisory Board, a specialized collective of professional athletes, company executives and brand associates “that will enable strategic decisions powered by shared values, culture, and community.” The new structure reflects a shift in its athlete endorsement deals toward a partnership model relationship over a sponsorship.

REI Co-op To Open Store In Athens

REI Co-op announced plans to open a retail store in fall 2022 in Athens, representing its sixth store in Georgia.

Moosejaw Opens Store In Bentonville

Walmart-owned Moosejaw is opening a retail store in Arkansas on October 21. The store is located in Bentonville, near to where Sam Walton opened his 5 & 10 in 1950.

Anta Sports Sees Q3 Sales Gains

Anta Sports reported retail sales of its core Anta brand increased low-teens in the third quarter year-over-year and delivered mid-teens positive growth as compared to the same period of 2019.

Saks E-Commerce Platform Prepares For IPO

The e-commerce business of Saks Fifth Avenue is planning an initial public offering that would value the company at about $6 billion, according to a report in the Wall Street Journal.

Foot Locker Launches Apparel Brand

Foot Locker Inc. announced that it’s launching an apparel line, LCKR by Foot Locker, focused on casual wear, including pullover hoodies and sweatpants.

Pajar Canada Opening U.S. Flagship

Pajar Canada is opening a flagship store location in the SoHo section of New York City. The location represents Pajar’s first full-price store.