SGB Update Footwear

Revolve Group’s Q3 Boosted by Sales Gains, Higher Full-Price Selling
Revolve Group reported adjusted EBITDA grew 45 percent in the third quarter ended September 30, boosted by a mid-single digit sales gain and an uptick in gross margins due to reduced promotional rates and more full-price selling.

Repreve Fiber Parent Unifi Posts Wider Fiscal Q1 Loss Driven by Tariff-Related Uncertainty
The maker of recycled and synthetic yarns attributed the 7.9 percent sales decline primarily to trade and tariff-related uncertainty and demand volatility across each business segment.

Weyco’s Q3 Impacted by Bogs’ Sales Weakness, To Wind Down Forsake Brand
Weyco Group, Inc. reported a slight decline in sales in the third quarter, impacted by a 17 percent decline in wholesale sales at Bogs and cancellations from one major retail partner tied to Weyco’s moves to raise prices to offset tariffs. Earnings down slightly as margins were pressured by tariffs.

Lems Shoes Adds Seven Regional Indie Sales Agencies
The maker of minimalist footwear, has strengthened its commitment to independent retailers and wholesale growth by adding seven new regional sales agencies for representation throughout the U.S.

Artie Starrs Makes Conference Call Debut with Harley-Davidson as Q3 Sales Jump 17 Percent
The former Topgolf CEO, who joined the company as president and CEO in October, reported revenues grew 17 percent in the third quarter. Earnings increased significantly due to a July deal to monetize part of the Harley-Davidson Financial Services segment.

Nuyarn Appoints VP Sales, North America
New Zealand-based producer of performance yarn and fabric, has appointed Monica Ebert, formerly of Woolmark and Core Merino (BKB), as VP of Sales for North America.
Ebert was most recently the business development (Sports & Performance) and sustainability manager for the Americas at The Woolmark Company.

Nordstrom Rack to Open New Location in Spokane, Washington
The new location, set to open in Fall 2026, will expand the company’s brick-and-mortar footprint and its economic impact in the state. The company currently operates six Nordstrom stores and 12 Nordstrom Rack stores in Washington, generating over 3,100 jobs.

U.S. Manufacturing Economic Activity Contracts for Eighth Straight Month in October
The latest ISM Manufacturing PMI Report indicates that Textile Mills and Apparel, as well as Leather & Allied Products, were the top two sectors experiencing contraction in October

Berkshire Hathaway Sees Consumer Products Segment’s Sales Slip in Q3
Berkshire Hathaway, Inc. reported sales at its consumer products group declined 6.2 percent in the third quarter to $3.58 billion. The revenue declines were primarily due to Fruit of the Loom, Jazwares and Duracell, largely attributable to lower sales volumes. These declines were partially offset by revenue increases at Brooks Sports, Forest River and Richline.

Advisor on Supreme, Reebok and Golden Goose Deals Joins Houlihan Lokey Consumer Group
Marco Voci has joined the firm as a managing director in its Global Consumer Group, based in London. Voci joins HLI from J.P. Morgan, where he was head of Luxury and Branded Lifestyle, EMEA, within the firm’s Consumer and Retail Investment Banking team.

Intertek Opens Footwear Testing Center in Bentonville
Intertek, a global quality assurance and testing firm based in London, opened a Bentonville Footwear Center of Excellence in Bentonville, AR, the headquarters of Walmart.

Saks Global Appoints Bloomingdale’s Execs for Key Store Roles
Saks Global appointed Matt Dunphy as SVP, Store Growth and Experience, Saks Fifth Avenue & Neiman Marcus, and Christina DeGrezia as VP and General Manager of Saks Fifth Avenue’s New York flagship. Both Dunphy and DeGrezia previously worked at Bloomingdale’s.

Le Coq Sportif Appoints Chief Commercial Officer
Le Coq Sportif appointed Rodolphe Salasca, who formerly worked in Europe for Boardriders, Vans and Nike, as chief commercial officer. Salasca announced his hire on LinkedIn.

Surf Expo and OR Show Parent Posts Wider Q3 Loss as Organic Revenues Slide
Emerald Holding reported third quarter 2025 net loss was $14.4 million, compared to net loss of $11.1 million for the third quarter 2024.

Allbirds, Inc. Adds Strong Legal Mind to Board of Directors
Lily Yan Hughes currently serves as assistant dean at Syracuse University College of Law. She previously held positions as SVP, chief legal officer and corporate secretary at Arrow Electronics, Inc. and Public Storage.









