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Lauren Hobart Named CEO of Dick’s Sporting Goods; Dick’s Reports Blockbuster Q3 Sales

The largest full-line sporting goods retailer in the U.S. is slated to have a woman CEO in February. Yesterday the retailer publicly disclosed that Lauren Hobart, DKS president since 2017, has been elected the President and CEO of Dick’s Sporting Goods, effective Feb. 1.

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Dr. Martens Prepares For Early 2021 IPO

Seven years after acquiring the British brand Dr. Martens from the Griggs Family, private equity firm Permira has hired Goldman Sachs and Morgan Stanley to lead a public offering. The IPO on the London Exchange will reportedly go off early next year.

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NRF: Online Will Bolster Holiday Sales Totals

Look for U.S. holiday sales for the two months ending Dec. 31 to rise between 3.6 percent and 5.2 percent to a total between $755.3 billion and $766.7 billion, according to a National Retail Federation estimate. The projection excludes auto dealer, gas station and restaurant sales.

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Caleres Brands Post Improved Results; Most Naturalizer Stores Being Shuttered

Vionic’s e-commerce sales rose more than 50 percent in the third quarter for Caleres, which saw its wellness and comfort footwear brands continue to perform well. Wellness/Comfort labels represented 55 percent of Caleres’ Brand Portfolio sales in the period versus 47 percent in the year-ago period.

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Foot Locker Confident Volume Can Be Shifted to Digital Channels

Convinced that the promotional environment will be lower in the fourth quarter than in the last two periods yet uncertain how a surging pandemic could fuel more store closures or shutdowns, Foot Locker senior executives think the retail behemoth has tools in place to migrate more...

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Hibbett Aims to Pick-Up Athletic, Fashion Business from Penney’s, Stage Stores

The Hibbett business, both the Hibbett Sports and City Gear banners, is benefitting from temporary closures by competitors, accelerating customer adoption of its e-commerce segment and a consumer rotation away from travel/leisure/entertainment spending into sports and lifestyle purchases.

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Caleres Names Mike Edwards Famous Footwear President

Mike Edwards, a 12-year veteran of the St. Louis parent, is replacing Molly Adams as president of Famous Footwear. Adams is leaving the retailer tomorrow for another employment opportunity.

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Denkler Named NSRA President

Mark Denkler will take over as the new president of the National Shoe Retailers Association (NSRA) effective January 1, 2021. Denkler replaces Chuck Schuyler who is retiring as NSRA president after 15 years of service.

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Kohl’s Doubles Down on Active & Outdoor

Citing recent trends showing consumers more focused on health and wellness and spending time outdoors, actions that have been accelerated by the COVID-19 pandemic, Kohl’s senior executives are doubling down on both segments with expanded product ranges.

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Adidas, Sperry Name New Marketing Execs

Adidas and Sperry have each named women to lead their marketing efforts. Vicky Free, who has led omnichannel teams at Walt Disney, Time Warner and Viacom, will join Adidas in early January as SVP of global marketing where she will be charged with developing compelling brand stories.

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In The News: Twisted-X, OR Show, JD Sports, October Retail Sales

Twisted-X is launching a no-glue line of shoes called Zero-X. Three years in the making, the Zero-X footwear collection uses a proprietary interlocking, double-stitching system, eliminating 75 percent of the harsh environmental issues created with traditional footwear, according to the brand.

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VF Goes Supreme

Timberland and Vans parent VF Corp. will acquire Supreme, the premium streetwear brand, known for its disruptive, digitally-led and weekly drop-focused business model, for $2.1 billion by year-end. Current investors The Carlyle Group and Goode Partners are selling their respective stakes in Supreme.

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Adidas Exceeding D2C Targets, Eyes Return to Growth in 2021

The Three Stripes — whose senior management team is focused on bolstering its ecommerce business, maintaining the health of its Profit & Loss statement and continuing to reduce bloated inventories — is vowing to deliver a “solid growth rate” for 2021 as it moves strategies forward to...

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Watch This: A Knockout Ad from Reyers

Reyers Shoe Store will be celebrating its 135th year in business in 2021. Located near the Pennsylvania/Ohio border in Sharon, PA, the family-owned independent is working through this tough year with grit — and the retailer’s latest TV ad delivers a holiday sales pitch from...

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NSRA’s Chuck Schuyler Retiring

Chuck Schuyler, president of the National Shoe Retailers Association, will retire on Jan. 1, 2021 after 15 years with the Tucson, AZ trade organization. During his NSRA tenure, the former president and owner of the Drew Shoe Corp., has led a number of initiatives for the trade group that...

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Wolverine Banking on Saucony, Direct-To-Consumer to Lift Fortunes

Saucony is projected to be the fastest-growing brand, in terms of percentage revenue increase, among Wolverine’s dozen footwear labels in 2021. The prediction from Wolverine Worldwide senior management is based on two factors — expansion of Saucony’s fashion-forward Originals heritage...

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Asics, Mizuno Report Results

Mizuno, which reported a 19 percent decline in Americas’ revenues to the equivalent of $79.7 million for the six months ended Sep. 30, says it’s focused on growing its running and golf businesses in the region and intends to increase sales with new product introductions and a focus on...

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In The News: OS1st, Clarks, and More

OS1st made a donation to the California Fire Foundation in response to the 2020 wildfire season. From August to November, OS1st offered to donate $5 for every pair of FS4 Plantar Fasciitis Sock in Merino Wool that was purchased on www.OS1st.com to the California Fire Foundation.

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Boot Barn Steps Up Segmentation, Customer Service Efforts

Beyond reaching out to customers of its strongest footwear category work boots, retail chain Boot Barn is launching a new “country” segment focused on customers who participate in the rugged outdoors on a recreational basis or as an adventure enthusiast but who are not necessarily into a...

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SHOT Show Is Off; Big Gear Show Plans New Format for 2021

The trade show landscape continues to be impacted by COVID-19. The 2021 SHOT Show, which was scheduled for January 19-22 in Las Vegas, has been cancelled. NSSF, the firearm industry trade association, had indicated in recent weeks that it planned to hold the show, but...

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Under Armour Reveals New N.A. Distribution Strategy; Divesting MyFitnessPal

Contending wholesale remains a critical part of its future but also acknowledging the need to evolve its distribution strategy to stay in step with the changing retail landscape, Under Armour last week revealed plans to reduce its number of North American distribution points by...

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Q3 Bright Spots: Boots, Hikers, Slippers, Crocs

Thanks in part to consumers’ home-based lifestyles that have expanded during the COVID-19 pandemic, sales of slippers and Crocs had strong third quarter sales along with cold weather boots. All three categories are forecast to post continued solid results during the holiday season, according to...

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Run Specialty, Younger Consumers Remain Priorities for Hoka One One

Deckers Brands, parent company of Hoka One One, is spending on marketing to increase global awareness and adoption of the brand, and continues to eye $500 million in fiscal year sales for Hoka. The brand’s second quarter sales rose a whopping 83 percent, buoyed by...

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In The News: Axion Footwear, Skechers, Columbia Sportswear & More

Axion Footwear is returning to the market, headed by skateboarder and Founder Kareem Campbell and Dustin Deardorf as designer. The company’s first shoe, available to its website subscribers on Oct. 15, was the Genesis and a tribute to skater Guy Mariano. Two additional capsules will...

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Could Puma Pounce on Nike’s Bounce to DTC?

Puma SE CEO Bjorn Gulden says how much The Cat could benefit from Nike’s continued exodus from wholesale accounts “is impossible to quantify at this point,” but confirms the impending Swoosh shift is already cultivating conversations between Puma personnel and retailers.

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Report: Adidas Puts Reebok on the Block

The Three Stripes’ 15-year run with Reebok may hit its final lap in early 2021.A report late last week from a German publication suggested Adidas is moving to shed the Reebok business, which it acquired for $3.8 billion in 2005.

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Crocs Fine-Tuning Game Plan to Keep Momentum Going

Crocs isn’t resting on current brand momentum, instead implementing measures to expand the brand’s reach with consumers and protect its merchandise margins. Working on a strategy to deliver differentiated assortments to retailers including athletic specialists Finish Line and Foot Locker, which...

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Kohl’s Enters Private Label Athleisure Biz: What it Means for the Market

Competition is ramping up in the private label athleisure market.Two years after Dick’s Sporting Goods entered the value-oriented, performance athletic business with its private DSG label, Kohl’s will introduce FLX in select stores and online in March. The men’s and women’s brand will...

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Aetrex’s Albert 2 Set to Launch in 2021

Get ready for Albert 2.In February 2021, Aetrex Worldwide is launching the next generation of its 3D foot scanning technology, known as Albert. Aetrex sees Albert 2 as not only being revolutionary in 3D foot scanning, but also as a profit center for retailers.

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In The News: L.L.Bean, Rocky Brands, La Sportiva, PGA Show, Future Proper

L.L.Bean, which has already established new wholesale partnerships for its various products with the likes of Scheels, Staples and Nordstrom, is now selling its classic boot on Amazon-owned Zappos to be followed soon by its Wicked Good slipper and...

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