SGB Update Footwear
American Eagle Outfitters Appoints Former Nike Exec as CFO
American Eagle Outfitters, Inc. appointed Ravi Thanawala, a former chief financial officer of Nike North America, as chief financial officer.
Golf Shoe Start-Up Alma Mater Secures Brand Investors
Alma Mater Footwear, the Los Angeles-based golf shoe startup, reported it closed on an unspecified round of funding from a diverse group of current and former professional athletes across major leagues.
Nike Inks European Distributor for ACG
Nike Inc. has appointed French Albion to distribute its recently relaunched ACG Outdoor Collection across key European outdoor markets.
Dick’s to Open First House of Sport in Greater Nashville Market
Dick’s Sporting Goods announced plans to open a House of Sport at the CoolSprings Galleria in Franklin, TN, its first in the greater Nashville market.
Bass Pro Shops Plans New Mega Adventure Store Serving Greater San Diego Region
The new 148,000-square-foot Bass Pro Shops will be located at Grossmont Center in La Mesa, with access from the intersection of State Route 125 and Interstate 8. The store is expected to open in 2028.
Zumiez CFO to Depart
In a regulatory filing, Zumiez, Inc. reported that Christopher Work, its CFO, gave notice to step down from his position with the retailer.
Crocs Settles Trademark Dispute Involving HeyDude
Crocs Inc. has resolved a legal dispute before the Regional Court of Cologne that alleged that Fusion Shoe, based in Pirmasens, Germany, infringed on rights associated with Heydude’s “Wally” style footwear.
Dick’s SG and Boot Barn Partner on Central Texas Retail Expansion
Dick’s Sporting Goods and Boot Barn are partnering to anchor a new mixed-use development called Kyle Park, a suburb along the I-35 corridor positioned right between San Antonio and Austin, Texas.
Nike Inc.’s Fiscal Q4 Earnings Boosted by Tariff Refund, EPS Tops Analyst Targets X-Rebate
Nike, Inc. sales in the fiscal 2026 fourth quarter were down 4 percent on a currency-neutral basis with a gain of 3 percent in North America unable to offset declines of 17 percent in Greater China and 6 percent in the EMEA region.
Lands’ End, Inc. Names New CEO as McLean Sets Departure
Charlie Cole succeeds Andrew McLean, who will step down as CEO and a member of the Board of Directors, effective July 13, 2026.
Rural King Opens Fourth Store in Georgia
The store carries a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Wolverine, and Wrangler.
Genesco Names Chief Financial Officer
Jonathan Collins brings over 30 years of senior financial experience to the role. He spent more than a decade with Walmart (2012 to 2025) in a series of executive leadership roles, including CFO of Walmart Africa.
Authentic Brands Group Debt Ratings Upgraded by Moody’s
Authentic Brands’ debt ratings were raised by Moody’s Ratings due to the brand management company’s “lower leverage and more balanced financial strategy over the past two years.” The upgrade also reflects Authentic’s “increased scale and improved portfolio quality following the additions of larger, well-recognized brands, including Guess?, Champion, Dockers and the pending acquisition of Lee.”
Saks Global Emerges from Bankruptcy as Exemplar Luxury Group
Saks Global officially exited bankruptcy on June 26 and subsequently changed its name to Exemplar Luxury Group (ELG). The parent of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman said it exits bankruptcy proceedings with a “substantially strengthened balance sheet, including a nearly 75 percent debt reduction, sufficient liquidity and the full backing of its capital partners and other key stakeholders.”
Consumer Sentiment Rebounds Slightly In June as Gas Prices Moderate
Consumer sentiment ticked up in June, according to a long-running survey conducted by the University of Michigan, reversing a slide that began after the United States and Israel launched strikes against Iran in February.
