No items found.

In The News: Spartan, Craft, FSNYE, Genesco, Mizuno

Share:

Spartan and Craft are releasing a $140 performance trail running shoe, the Spartan x Craft Nordic Speed Shoe. Built for speed, endurance and durability, it is designed to meet the specific needs that trail runners face on the trail, from uneven terrain to wet, slippery surfaces. The brand’s previously had collaborated on an obstacle racing shoe collab, the Spartan RD Pro by Craft. The new Spartan x Craft Nordic Speed Shoe has a carbon-infused outsole for grip over slippery, wet terrain and a reinforced foam midsole for a smooth ride on rough, uneven trails.


Footwear Show New York Expo (FSNYE), scheduled to take place August 3-5 at the Warwick Hotel in New York, the same time as FFANY Market Week in NYC, reports that “momentum has not been as good as anticipated for the NYC Warwick show.” With the lack of show participants, FSNYE said it did not warrant a valid FSNYE show this August, but FSNYE is offering companies the opportunity to exhibit independently if they choose, as well as offering to provide services to accommodate them. FSNYE says the feedback for the November 30-December 2, 2021 show is good.


Genesco, parent of the Journeys footwear chain, last week named Parag Desai as the company’s SVP-Chief Strategy and Digital Officer. He had been serving as SVP-Strategy and Share Services at the Nashville company since Dec. 2014.


At Mizuno, annual global sales declined 11 percent to the equivalent of $1.41 billion as operating income slid 39 percent in Yen to approximately $35.6 million. The Japanese brand’s FY20 global footwear revenues dipped nearly 19 percent in local currency to the equivalent of $378.8 million; apparel sales were down 1.6 percent in Yen to approximately $448.2 million. Within the Americas region, Mizuno footwear sales slipped 15 percent in Yen in FY20 to the equivalent of $57.2 million. Regional apparel sales were off 12 percent to an estimated $27.2 million. The company did realize a higher operating profit in the Americas, helped by an earlier regional restructuring. Currently, Mizuno estimates FY21 global revenues will rise approximately 16 percent to 175 billion Yen or $1.65 billion.


Hari Mari opened a flagship store in Dallas, TX, located at 3213 Knox St., in the heart of the recently revived Knox District. Each portion of the store highlights a different feature of the brand's identity. The eastern wall pays homage to the definition of ‘Hari,’ Indonesian for “of the sun,” with the western wall reflecting ‘Mari’, Latin for “of the sea,” with nods to travel, exploration, and adventure throughout. The store is also designed to be a gathering space — it has a bar and a second story event space for parties, yoga classes, and corporate gifting events.


Gimbal says its “On-the-Way” web app is an out-of-the-box solution that any brand can customize and integrate for seamless curbside experiences, particularly mid-sized businesses that haven’t yet embraced Click-and-Collect. The Granville, OH firm’s browser-based app connects mobile orders placed through a brand’s app or website for curbside, in-store and drive-through pick-up without in-house development or engineering investment by brands. On-the-Way utilizes location permissions available from mobile web browsers to deliver real-time updates on when customers are in transit to pick-up an order and when they have arrived on site. Since the start of the pandemic, 75 percent of consumers have tried curbside pick-up or Buy Online, Pick Up In Store (BOPIS) solutions. An estimated 62 percent of consumers are expected to continue using pick-up options in the future for convenience and/or safety concerns.