SGB Update Footwear
Citi Trends Raises Outlook as Q1 Comps Jump Nearly Double-Digits
The urban off-price chain raised its guidance for the year after reporting improved earnings on a 9.9 percent same-store gain in the first quarter.
Reebok Gets Another Shot at Being Relevant Again
As a global brand development and licensing platform, the company said the partnership with Slam Jam underscores Authentic’s mission to unlock Reebok’s full potential through culturally connected relationships that deepen consumer affinity.
Kerry Jackson Returns to Shoe Carnival as SVP New Business Development
Jacskon will return to Shoe Carnival in a new role, reporting directly to company President and CEO Mark Worden, spearheading the company’s merger and acquisition activities, integration of acquired businesses and synergy capture initiatives.
Nike, Inc. Names Chief Communications Officer and Member of Senior Leadership Team
Effective July 7, 2025, Michael Gonda joins Nike from McDonald’s Corporation, where he held several senior leadership roles, including chief impact officer for North America and global chief communications officer.
NRF: Father’s Day Spending To Hit Record $24 Billion this Year
U.S. consumers are poised to spend a record $24 billion on Father’s Day this year, according to an annual survey from the National Retail Federation. Over three-quarters of consumers (76 percent) plan to celebrate the occasion, spending an average of $199.38 per person, up from $189.81 in 2024.
Dr. Martens Appoints Adidas Outdoor Exec as Chief Brand Officer
Carla Murphy was most recently global senior vice president and general manager for Adidas Outdoor and previously global chief brand & product officer for Icebreaker.
Oofos Opens First U.S. Retail Stores
The recovery footwear brand, celebrating its 14th year, will open stores in Pentagon City, Arlington, VA; the Mall of Georgia, Buford, GA; and the Florida Mall, Orlando, FL.
Kizik Appoints Former Nike Exec as CEO
Kizik and its parent company, HandsFree Labs, appointed Gareth Hosford, a former executive at Nike and Converse, as CEO. Most recently, he led the launch and scaling of Omorpho, a Portland, OR-based performance wear and fitness equipment start-up, as both CFO and COO.
StockX Hires New Head of Creative
Daniel De Jesus Krueger, joins the company from Fulwell Entertainment, formerly The Springhill Company, which LeBron James and Maverick Carter founded. Krueger also led The Nike Brand Studio at Uninterrupted, a media company founded in 2014 by James and Carter.
Topgolf Callaway Completes Sale of Jack Wolfskin to Anta Sports
Topgolf Callaway Brands Corp. completed the sale of Jack Wolfskin to Anta Sports, the largest shareholder of Arc’teryx, Wilson and Salomon parent Amer Sports, for $290 million. Callaway acquired Jack Wolfskin in 2019 for $476 million.
Shoe Carnival’s Sales Slide in Q1, Accelerates Shoe Station Expansion
Shoe Carnival, Inc.’s earnings fell in the first quarter as sales slid 7.5 percent. However, the family shoe chain said its rebanner strategy is seeing strong success and Shoe Station is now expected to represent over 80 percent of its store fleet by March 2027, up from a previous target of 51 percent.
Kohl’s Trims Q1 Loss, Same-Store Sales Slide 3.9 Percent
Kohl’s Corp. narrowed its loss in the first quarter ended May 3 as sales declined 4.1 percent. The retailer maintained its guidance for the year.
Yue Yuen Appoints Board Member
Yue Yuen appointed Chou Wei-Te, executive assistant vice president at its retail arm, Pou Chen, to its board as an executive director. He replaces Chan Lu Min, who is retiring.
VF Appoints New Chief Accounting Officer
Michael Phillips succeeds Bryan McNeill, who is retiring after 30 years with the company. Phillips has served as the VP Enterprise Financial Reporting controller of the company since September 2022.
Nike’s Design and Innovation Chief John Hoke to Retire in the Fall
John Hoke, Nike’s chief innovation officer, is retiring after serving in the role since 2023. He first worked at Nike on stores and fixtures before getting into footwear. An architect by training, he is credited with designing a NikeTown store and buildings on the Nike campus.
