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.
International Surfing Association Appoints Marketing And Media Manager
The International Surfing Association (ISA) has confirmed the appointment of Federico Ferroni as their new marketing and media manager.

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.
VF Corporation Publishes Sustainability & Responsibility Report
VF Corp. published its latest Made for Change Sustainability and Responsibility Report, which highlights its achievements to date, including progress toward science-based targets.

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.