SGB Update Footwear

REI Readies Opening In Jackson Hole

REI Co-op plans to open its new store in Powderhorn Mall in Jackson Hole, WY on November 5. The store, located at 974 West Broadway, is the retailer’s first store in the State.

Puma Lifts Outlook On Robust Q3 Results

Puma said it now expects currency-adjusted sales to expand at least 25 percent for 2021, up from at least 20 percent previously, and also raised its earnings guidance after reporting healthy third-quarter growth. Sales in the third quarter rose 20 percent currency-neutral, led by a 31 percent gain in the Americas region.

Orvis Hires Chief People Officer

Orvis announced that Rebecca Jones was hired as chief people officer, effective October 18, 2021. In this new position, Jones is providing executive oversight for its HR department, focused on employee engagement, support, development, training, and growth within the organization.

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.