SGB Update Footwear
The Buckle’s October Sales Climb 5 Percent
The Buckle, Inc. announced that comparable store net sales for the 4-week period ended November 1, 2025, increased 5.1 percent year-over-year. Net sales increased 6.0 percent to $93.2 million from $87.9 million a year ago.
On Opens First Stores in South Korea
On running opened its first two stores in Seoul, South Korea. The first is in the Hyundai Seoul department store, and the second is in the Lotte World Mall Jamsil. The decision to enter South Korea’s retail market is based on “sustained momentum in the AAC region.”
The Lycra Company Opens Largest Global Production Facility in China
The Lycra Company, manufacturer of fiber solutions for the apparel and personal care industries, has opened its largest spandex production plant — the Lycra fiber (Yinchuan) plant — in Ningxia Province, China, and its largest investment in the Chinese market.
JD Sports Fashion Appoints Tate & Lyle CFO as Non-Executive Director
Sarah Kuijlaars was appointed an independent non-executive director, to JD Sports Fashion’s board effective Monday, November 10. She also joins the retailer’s Audit and Risk Committee and Nomination Committee.
October Retail Sales Show Growth Ahead of Holidays
Total retail sales, excluding automobile dealers and gas stations, were up 0.6 percent seasonally adjusted month over month and up 5 percent unadjusted year-over-year in October, recovering from a decline in September, according to the CNBC/NRF Retail Monitor.
Footasylum Inks Distribution Partnership for DACH Region
Footasylum announced a new strategic partnership with Cologne-based Mad Agency to drive distribution and brand awareness across the DACH region (Germany, Austria, and Switzerland).
Circana: Earlier Holiday Shopping Set to Make Comeback
Promotions will have a greater influence on holiday shopping this year, with 37 percent of surveyed respondents noting that they will buy more items on sale or promotion to save money.
NRF: Imports Expected to Slow Down in November and December
Amid ongoing tariff uncertainties and most holiday goods already in stores or warehouses, import cargo volume at major U.S. container ports is expected to slow as usual in November and December, according to the Global Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
OrthoLite Parent Coats Group Sees Sales Dip
Coats Group reported revenue in the four-month period from July 1 through October 31 declined by 1 percent, with declines of 2 percent in its Apparel and 4 percent in its Footwear segments offsetting growth in its Performance Materials segment.
Allbirds’ Q3 Revenues Drop 23 Percent, Cuts FY Sales Guidance
Allbirds, Inc. reported its operating loss on an adjusted basis year over year in the third quarter as sales slumped 23.3 percent. The eco-friendly footwear brands reduced its sales guidance for the year while narrowing its earnings outlook.
Fleet Feet Makes Merchandising and Real Estate Hires
Stacey Donley was appointed VP of Merchandising Strategy and Planning, and Jason Williams VP of Store Development and Real Estate at Fleet Feet. Previously, Donley led buying for Kontoor Brands, specifically all U.S. brick-and-mortar Lee/Wrangler stores; Williams was senior director of real estate at The Orvis Company.
NRF Sees Holiday Growth Between 3.7 percent and 4.2 Percent
The National Retail Federation released its annual holiday forecast, anticipating retail sales in November and December will grow between 3.7 percent and 4.2 percent over 2024. That translates to a total spending range of between $1.01 trillion and $1.02 trillion. By comparison, last year’s holiday sales rose 4.3 percent.
Under Armour Announces CFO Transition
Under Armour, Inc. announced that Reza Taleghani will join the company as executive vice president and chief financial officer in February 2026, succeeding David Bergman, a 21-year company veteran who is stepping down as CFO. However, he will remain with the company through the first quarter of fiscal 2027 to ensure a seamless transition.
SportChek’s Q3 Comps Grew 4.2 Percent, Propped by Back-to-Hockey Demand
Canadian Tire Corp. reported same-store sales at SportChek grew 4.2 percent in the third quarter, marking the segment’s fifth consecutive quarter of comparable sales growth. The gains were boosted by back-to-school and back-to-hockey sales.
Under Armour’s Q2 Profits Tumble on Soft Sales, Tariff Impact
Under Armour reported adjusted profits in the fiscal second quarter ended September 30 plunged 88.3 percent due to a 5 percent revenue decline and the impact of tariffs. Results exceeded guidance, and Under Armour stated that its North America business is showing signs of stabilization.
