SGB Update Footwear
Decathlon Opens First Running-Dedicated Store in France
Decathlon Running, approximately 1,700 square feet, sells Decathlon’s private-label brands, including Kiprun and Kalenji, as well as Hoka, Brooks, Asics, Saucony, Mizuno, and Salomon, in Bordeaux, France.
Amazon Extends Prime Day to Four Days
Amazon’s annual Prime Day sales event is scheduled for July 8-11, expanding to four days from two days compared to last year. The first Prime Day event began in 2015 with the goal of increasing Prime membership.
NABE Survey: Economy To Slow as Inflation Expected To Persist
The June 2025 NABE Outlook presents the consensus macroeconomic forecast of a panel of 42 professional forecasters. The survey, covering the outlook for the remainder of 2025/26, was conducted from May 27 to June 2.
Pure Hockey Continues Retail Expansion in Washington with New Seattle Store
The Seattle store, located at 401 NE Northgate Way, will host a grand opening on Saturday, July 12, 2025. The store is Pure Hockey’s third in the state, in addition to Tukwila and Lynnwood, WA.
Adidas Names New Managing Director of Adidas Korea
Marcus Morent began his career at Adidas in 2005 in the retail finance institutional sector for the EMEA (Europe, Middle East, Africa) region. He later led the retail and e-commerce businesses at Adidas Korea from 2014 to 2019, serving as VP of Latin America, DTC, and, most recently, as CEO of Adidas Colombia.
Lowa Boots Names Trail Run Global Manager
Reinforcing Lowa’s broader commitment to the international growing trail segment, Samuel Grill was appointed as global category manager based at company headquarters in Jetzendorf, Germany.
Report: JPMorgan Raises $6.5 Billion to Fund Sale of Skechers
JP Morgan Chase & Co. plans to launch a $6.5 billion debt offering to support private equity firm 3G Capital’s acquisition of Skechers as soon as this week, sources told Bloomberg.
OrthoLite Subsidiary Cirql Expands European Presence Through Frasson Partnership
Under the agreement, Frasson is now Cirql’s certified official partner in the EU for the development and production of technical shoe components. Frasson will serve as a key supplier and approved EU development partner, manufacturer and OEM for Cirql, a subsidiary of OrthoLite, sub midsoles and outsoles.
Kicks Crew Secures Investment from Dwyane Wade and D’Angelo Russell
The partnership comes as Wade showcased Russell’s debut signature sneaker, the DL, last month, marking the first athletic-specific shoe under his “Way of Wade” brand umbrella. The two will also serve as ambassador athletes for the platform.
Under Armour to Offer $400 Million in Senior Notes
Proceeds will be used to help redeem, repurchase, repay, or otherwise retire all $600 million in aggregate principal amount of its outstanding 3.25 percent senior notes due 2026.
JD Sports Lands on the Vegas Strip with New Flagship Store
The opening of a new flagship on Las Vegas Boulevard is said to mark JD’s third in the U.S. and its continued “connection to global youth culture in the most influential cities across the U.S.” As of 3 May 2025, there were 339 JD stores across North America (including Canada).
Caleres’ Principal Accounting Officer to Retire
Todd Hasty, SVP and chief accounting officer, plans to retire, effective October 17, 2025, after nearly 22 years of service with the company.
U.S. Consumer Sentiment Jumps as Inflation Expectations Improve
Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and tariff concerns lessen.
Survey: Retailers Passing Along 51 Percent of Tariff Costs
A survey of 500 U.S. e-commerce executives found that 76 percent had increased the price of goods to mitigate the cost of the new and expected tariffs. On average, retailers are passing along 51 percent of the cost of President Trump’s import taxes on to consumers.
Strava Nets $2.2 Billion Valuation in Funding Round
The funding follows the acquisitions earlier this year of AI-driven training apps Runna and The Breakaway, as well as the continued growth of the platform, which now has over 150 million reported global users.
