SGB Update Footwear
Lululemon Appoints Teri List as New Board Member
List currently sits on the Boards of Directors for Microsoft, Visa, Danaher, and DoubleVerify. Previously, she was the EVP and CFO at Gap, Inc., Dick’s Sporting Goods, and Kraft Foods Group.
Famous Footwear Parent, Caleres Inc., Posts Flat Sales in Q4 Despite Extra Week
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, eked out a slight increase in net sales for the 14-week period ended February 3, increasing just 0.1 percent to $697.1 million, helped by the extra week.
NGF Releases Latest State-By-State Golf Report
Florida has had a specialty license plate, a source of funding for FL junior golf programs, that identifies it as the “Golf Capital of the World.”
Report: Retail Industry Continues to be Largest Private-Sector Employer
The retail industry supported 55 million full- and part-time jobs in 2022, accounting for 26 percent of total U.S. employment, according to a new report released by the NRF.
Caleres, Inc. Hires Liz Dunn for Strategic Planning and Communication Chief
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, hired Liz Dunn as SVP of corporate development and strategic communications
Hibbett, Inc. Sees Q4 Net Income Decline as Comp Sales Fall 6.4 Percent
Brick-and-mortar comparable sales declined 9.2 percent, while e-commerce increased 6.9 percent on a year-over-year basis, excluding the impact of the 14th week. E-commerce represented 18.9 percent of total net sales for the Fiscal 2024 Q4 period.
Amazon’s Inaugural Big Spring Sales Event Begins March 20
Amazon’s first Big Spring sale kicks off on March 20 and runs through March 25. Free Prime shipping applies during the sale with free same-day or one-day delivery.
Fleet Feet Strengthens Leadership Team; Expands Roles To Fuel Growth
With a network of almost 200 franchise stores, Fleet Feet continues its commitment to nurturing and supporting the success and health of its franchisees.
Dick’s Sporting Goods Sees Q4 Comps Up 2.8 Percent As Net Grows 26 Percent
Dick’s Sporting Goods expects fiscal 2024 full-year comparable store sales growth to be in the range of 1.0 percent to 2.0 percent and net sales in a range of $13.00 billion to $13.13 billion.
Under Armour Shakes Up C-Suite as Plank Assumes CEO Role, Gives Up Board Chair
Under Armour, Inc. Founder Kevin Plank will become president & CEO of the company, effective April 1, 2024. Plank will succeed Stephanie Linnartz, who will be stepping down as president & CEO and member of the Board of Directors.
Brand Velocity Group Adds New Principal to Investment Platform
Daniel Hodges joins BVG from Alliance Consumer Growth where he was a principal responsible for deal sourcing and execution, and portfolio company oversight.
Foot Locker, Inc. Names Executive VP and Chief HR Officer
Cindy Carlisle brings over 24 years of leadership experience to the role. She joined Foot Locker, Inc. from Stryker Corp., where she was group vice president of human resources.
CNBC/NRF: February Retail Sales Continued Growth Trend, Boosted by Leap Day
Accounting for the extra day in February, total adjusted retail sales MoM softened from an increase of 1.06 percent to an increase of 0.4 percent. Core retail sales also softened from an increase of 0.95 percent to an increase of 0.27 percent.
Gearhead Outfitters Expands into CO with Summit Canyon Mountaineering Deal
The latest expansion increases the retailer’s footprint to over 20 locations in Arkansas, Tennessee, Oklahoma, Missouri, Kansas, Illinois, and now Colorado.
Allbirds Posts DD Q4 Sales Decline and Wider Net Loss as ASPs Decline
The year-over-year decrease was said to be primarily attributable to a lower average selling price, driven by increased promotional activity, partially offset by an increase in third-party net revenue.
