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Nike Makes Executive Suite Changes

Senior leadership changes at Nike, announced May 24, include shifting Heidi O’Neill to president of consumer, product, and brand from president of consumer and marketplace...

Genesco Taking Steps to Re-invigorate Journeys

With Q1 sales and traffic lagging in the fashion footwear chain, the Nashville-based parent of Journeys is taking numerous actions that it hopes will jumpstart the business in the months ahead.

Chiappetta Shoes Goes Big

Chiappetta Shoes, a mainstay in the Kenosha, Wisconsin retail community for 102 years, moved into a new store location on February 13th after four years of planning for the expansion.

A True Calling at KC’s Running Well & Goodmiles Makes it Special

Kathy Gates has followed her heart, her family, and her passions since her birth in Huntington Beach, CA. But it wasn’t until 2010 when she landed in the Heart of America, also known as Kansas City, MO, that she finally found her true calling.

Wolverine Seeks New Saucony Prez; Considers Selling Sperry

Anne Cavassa has left her role as Saucony brand president after five years in the position. The process of naming a successor is underway, Wolverine World Wide president, CEO and director Brendan Hoffman said during the company’s Q1 earnings call.

JD Sports Eyes 500 to 600 New ‘JD’ Stores in North America

JD Sports, the publicly traded British parent of Finish Line, Shoe Palace and DTLR, besides its namesake nameplate, intends to open 500 to 600 new JD Sports stores in North America over the next five years...

Foot Locker Dials Back FY Outlook, Remains Steadfast to New Strategy

Saddled with a bloated inventory level and softer sales trends in April and May, Foot Locker reported lower Q1 operating income and sales levels last week and simultaneously reduced its full-year outlook for revenues and gross margin.

On Is Opening Stores in FL and VA

On Holdings, the publicly traded Swiss company is expanding its direct reach to U.S. consumers later this year through the opening of new brand stores in Williamsburg, VA, and Miami, FL.

Asics Sets Changes for North American Market

The Japanese brand Asics, which reported its largest Q1 sales quarter ever last week, has established a turnaround plan for its North American operating unit that reported an operating loss equivalent to $2.54 million despite 24 percent revenue growth in Japanese yen to $192.2 million.

Fila USA Impacted by Promotional Environment

The USA operating unit of South Korea’s Fila Holdings Corp. is currently forecasting a FY23 consolidated operating loss for the region in the range of $67.3 to $82.2 million, up from a prior forecast of a $59.8 to $67.3 million loss.

Under Armour’s New Strategy Focuses on Footwear and Women

Dubbing the effort, ‘Protect This House 3’ or ‘PTH3’ for short, Under Armour under new CEO Stephanie Linnartz intends to focus on brand, product and the U.S. market going forward with particular attention on footwear...

High Retail Inventory Levels, Loss of Yeezy Biz Hurt Adidas

The Three Stripes suffered a 20 percent, constant-currency decline in North American Q1 sales to $1.3 billion and an operating loss equivalent to $50.7 million.

Nike Vet to Lead Foot’s Locker’s WSS Banner

Blanca Gonzalez, a 19-year veteran at Nike Inc., who most recently served as VP of North America Product Merchandising, is moving to Foot Locker, Inc. She will begin as SVP/GMM of WSS, the neighborhood-based retailer acquired by Foot Locker in 2021, on May 15.

Skechers Hits $2 Billion in Q1 Sales, but U.S. Wholesale Declines

Facing both a difficult year-over-year comparison and broad industrywide “inventory congestion,” Skechers saw an 18 percent decline in U.S. wholesale business in Q1 ended March 31.

Crocs Raises FY Revenue Outlook

Markets outside the U.S. are forecast to generate Crocs’ highest FY23 revenue growth rates and help the group deliver 11 to 14 percent reported sales expansion this fiscal year to a range of $3.95 to $4.05 billion.

Reebok x Global Citizen Collaboration

Authentic Brands Group is teaming with Global Citizen, an international advocacy organization, on an initiative it says is designed to “encourage consumers to activate their purchasing power and drive change toward the most urgent issues facing humanity and the planet.”

IN THE NEWS: K-Swiss, Tradehome Shoes, Salomon, Oofos

K-Swiss is looking to make its mark in the Formula 1 world, with the launch of a product collab with McLaren Racing. K-Swiss Tubes shoes are the official 2023 team footwear for all McLaren Racing mechanics, engineers, and VIP staffing.

Goodmiles Makes it Special

Stan’s Fit For Your Feet, a Milwaukee independent footwear retail institution, rebranded its two New Balance Milwaukee stores as Goodmiles Running Company, establishing a new foothold in the retail run specialty segment.

Spring Check-Up

Runners who are training for that next big race require discipline and the ability to weather the elements and stay the course. The same goes for retailers. Here, specialty running retailers dish on business, brands and more.

Dick’s Sporting Goods Forges Partnership with Boston Athletic Association

A multi-year sponsorship between Dick’s Sporting Goods and the Boston Athletic Association (B.A.A.), which commenced with the running of the 127th Boston Marathon on Monday, makes the full-line retailer the official retail sponsor of B.A.A. events.

Skechers Adds Mr. T to its Celebrity Endorser Roster

After years of seeing web searches and spell check wrongly put a ‘t’ in the middle of the company’s name, Skechers now has one in actor and former wrestler Mr. T, who has been added to the brand’s roster of athlete and celebrity endorsers.

Massive Discounting Offsetting Rising Sneaker Prices

Efforts by brands and retailers to clear out aging inventory in the market has pushed discount penetration in the U.S. sneaker market up 9.1 percent year-to-date and up by an average of 29.5 percent over the last two quarters, according to the USA Sneaker Market Index from Centric Pricing.

On, Hoka Gain Traction with Teen Consumers

Among all upper income teens, Hoka and On were ranked the fourth and fifth favorite athletic footwear brands in Piper Sandler’s semi-annual Generation Z survey of U.S. teenagers. Among all teenagers, Hoka and On were the 12th and 19th most popular athletic footwear brands.

Foot Locker Overhauling Loyalty Program, Opening Larger Format Stores

Six months into her tenure on the job, Foot Locker President and CEO Mary Dillon is spearheading numerous changes at the international retailer in its renewed effort to capture a larger slice of the $80 billion sneaker market and perhaps a healthy piece of the broader casual footwear market.

2023 Retail Sales Forecast Looks Good

Retail Sales will increase by 4 to 6 percent in 2023 to between $5.13 trillion and $5.23 trillion, according to a National Retail Federation projection.