SGB Update Footwear

Crocs’ Q3 Blows Past Analyst Estimates On 73 Percent Revenue Gain

Crocs, Inc. reported sales surged 73.0 percent in the third quarter, led by a 94.5 percent gain in the Americas region. Earnings more than doubled. Crocs said it now expects sales growth in the range of 62 percent and 65 percent in 2021 and exceed 20 percent in 2022.

Filson’s Parent Appoints CFO

Filson’s parent company, Bedrock Manufacturing Co, has appointed Michele Santana as its chief financial officer.

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.