SGB Update Footwear
Mark’s Rolls Out Two New Workwear Retail Formats in Canada
Mark’s, the Canadian retailer owned by Canadian Tire and sister company to SportChek, Sports Experts, Pro Hockey Life, and Helly Hansen, introduced two new industrial-exclusive retail stores—Mark’s WorkPro and L’Equipeur Pro.
Zumiez Second-Quarter Results Beat Expectations
Zumiez, Inc. showed a loss in the second-quarter ended July 29 on a sales decline of 11.6 percent, but results exceeded guidance as sales trends improved each month with encouraging early back-to-school sell-throughs.
BRC Sees Confident UK Consumers Boost August Retail Sales
Total UK retail sales increased by 4.1 percent in fiscal August, against growth of 1.0 percent in August 2022, coming in above the 3-month average growth of 3.6 percent and in line with the 12-month average growth of 4.1 percent.
NRF Acquires Reverse Logistics Association
While hundreds of retail brands offer “gently used” products for sale, others sell excess inventory at a discount. The reverse logistics industry manages the collecting, sorting, repairing, and refurbishing of products for resale or recycling.
Authentic Appoints EVP to Manage Former Boardriders Brand Portfolio
The company hired David Brooks as EVP of action and outdoor sports lifestyle. Most recently, Brooks with the global general manager for RVCA and Boardriders Partnerships at Boardriders.
Undefeated Opens First New York City Store
Undefeated, the Los Angeles-based sneaker and streetwear boutique, opened its first store in New York City in the Nolita section of downtown Manhattan.
Parent of DSW, Topo, Keds and Le Tigre Footwear Brands Reiterates Outlook
Designer Brands, Inc. reported that second quarter results topped Wall Street estimates with sequential improvement in sales and gross margin over the 2023 first quarter and also reiterated the outlook for the year.
Nike Tops Gen-Z’s Rankings for Most Authentic Brand
Nike was ranked the “Most Authentic” brand in the active lifestyle and fashion space among Gen Z consumers in North America and Western Europe, according to YPulse, based on its latest demographic survey.
Sportsman’s Warehouse Swings to Second Quarter Loss as Comps Fall
The 11.8 percent net sales decrease was said to be primarily due to lower demand across all product categories and a decline in store traffic resulting from the continued impact of consumer inflationary pressures on discretionary spending, partially offset by the opening of 14 new stores.
USTA Launches Investment Fund to Support Tennis Growth
The United States Tennis Association launched USTA Ventures through the USTA Strategic Investment Committee to acquire potential equity stakes in technologies and other companies to advance the growth of tennis in the U.S.
Skechers Sues Laforst for Patent Infringement
Skechers USA, Inc. reported it sued Laforst Shoes, Inc. for alleged patent infringement of its proprietary Skechers Hands Free Slip-ins design. Skechers filed the lawsuit in The United States District Court for the Central District of California.
Nexgen Packaging Appoints VP of Sales, Americas
Nexgen Packaging, a packaging provider for the retail, apparel and footwear industries, hired Kevin DeSpain as senior vice president of sales for the Americas. He comes from Zebra Technologies.
NSGA Sporting Goods Industry Hall of Fame Committee Elects Class of 2024
NSGA Sporting Goods Industry Hall Of Fame announced the Class of 2023, which includes Glenn Barrett, OrthoLite; Cathy Pryor, Hibbett Sports; Karsten Solheim, Ping Golf; and Mike Thompson, Rawlings.
West Coast Port Workers Ratify New Contract
Members of the International Longshore and Warehouse Union, which represents dockworkers at U.S. West Coast ports, voted to ratify a new six-year contract with the Pacific Maritime Association.
Craft Sportswear N.A. Appoints National Sales Agency for Footwear
Craft said that Waypoint Outdoor’s “vast network and experienced team, combined with Craft’s current rep force will provide an immediate increase of boots on the ground to support Craft’s expanding footwear dealer base and pinnacle accounts.”
