SGB Update Footwear
Merrell Names Richard McLeod as Chief Marketing Officer
McLeod was, most recently VP and CMO at Champion. Prior to Champion, McLeod was SVP of Brand at Canada Goose.
Bass Pro Shops to Open Outpost in Arkansas
The Fort Smith, AK, store is expected to open in early 2026. The 70,000-square-foot location will be the retailer’s third in the state.
Dick’s SG Begins Enrolling Non-Employees as Paid Social Media Influencers
Since launching as an internal program in 2023, Dick’s Varsity Team members have created over 1,000 pieces of social media content, garnering over 38 million impressions, and have been featured in 10 campaigns for both Dick’s and its national brands.
Nordstrom to Open Rack Store in Longmont, CO
The Rack store will occupy a 28,000-square-foot space in the Harvest Junction Shopping Center, which includes Marshall’s, Best Buy, Dick’s Sporting Goods, Ulta Beauty, Ross Dress for Less, and other notable retailers. Harvest Junction is owned and managed by an affiliate of Pine Tree.
Report: Import Cargo Trends Remain Fluid Due to Tariff Threats
A strong December brought 2024 to a total of 25.5 million TEU, or Twenty-Foot Equivalent Units, up 14.8 percent from 2023 and the highest level since 2021’s record of 25.8 million TEU during the pandemic.
CNBC/NRF Retail Monitor Sees January Reporting Strong Retail Sales Gains
The Sporting Goods, Hobby, Music, and Bookstores segment was down 1.9 percent m/m, seasonally-adjusted, but up 2.82 percent y/y, unadjusted, after a very strong December trend.
Macy’s, Inc. Names Chief Stores Officer of Macy’s
Currently, Barbie Cameron is the senior vice president and regional director of stores for the East Region. Before that, she was the interim chief stores officer at Macy’s since August 2024.
Skechers Q4 Revenues Jump 13 Percent
Skechers U.S.A., Inc. reported profits grew 13.9 percent in the fourth quarter as sales advanced 12.8 percent, due to an 18.0 percent jump domestically and a 9.8 percent increase internationally. Sales topped guidance, but earnings missed due to currency headwinds.
Michigan Consumer Sentiment Index Declines for First Time in Six Months
Consumer sentiment fell for the first time in six months and is down 10 percent versus a year ago, according to the final January report for the Michigan Consumer Sentiment Index.
Fossil Group Adds Former Adidas and Salomon Execs to Leadership Team
Fossil Group, Inc. appointed Joe Martin, formerly SVP of Wholesale, Team Services and Omni Operations and Marketplace, North America, at Adidas, and Antonio Carriero, previously chief digital and information officer at Salomon, to its executive team.
Mizuno USA Hit by Cyber Attack
Mizuno USA, a subsidiary of Mizuno Corporation based in Peachtree Corners, GA, confirmed in Data Breach Notification letters that unknown hackers stole files from its network between August and October 2024.
Baltimore’s Princeton Sports to Close After Nearly 90 Years
Baltimore’s Princeton Sports announced that after nearly 90 years in business, it will be closing as Co-owners and Brothers Paul and Alan Davis plan to retire.
Costco Comps Grow 9.8 Percent in January Ex-Fuel
Costco Wholesale Corporation reported net sales of $19.51 billion for the retail month of January, an increase of 9.2 percent from $17.87 billion last year.
The Buckle’s Comps Expand Mid-Single Digits in January
The retailer’s comparable store net sales increased 4.4 percent in the four week period ended February 1 year over year.
Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the third quarter with an 8 percent decline in the North America region.
