HOKA’s global revenues rose 62 percent to $571 million for the fiscal year ended March 31, and will more than likely top $800 million this FY on route to $1 billion in annual global revenues. Deckers’ senior management says the topline expansion will be achieved through...

Foot Locker is parting ways with its Footaction business, converting approximately one-third of the 231 doors to Foot Locker or Champ Sports banners with expanded women’s, kids’ and apparel offerings and letting leases on the remaining locations expire over the next two years.

Campbell, CA-based retailer Beck’s Shoes has an ambitious acquisition strategy in place, and it includes ensuring the legacies of the small, family-owned shoe stores they are acquiring.

The national chain, which has more than 45 percent of its doors in California, Arizona or Texas, generated 53 percent of its net sales last year from footwear. That percentage equates to an implied $473.5 million, up from 51 percent of net sales or $431.24 million in FY20.

During a period when it launched its METASPEED Sky racing shoe for elite athletes, ASICS Corp. realized more than 40 percent growth in the performance run segment. Strong performance run sales across four global regions, including North America, pushed category sales up 43 percent to...

Last week, the Merrell, Saucony and Sperry parent exceeded Q1 earnings expectations and raised its FY21 revenue range by $50 million to $2.24-$2.3 billion. But senior Wolverine executives also disclosed the company’s ongoing need to airfreight products to meet market demand...

For a brand that has adopted “Own the Game” as one of its latest global marketing mantras, 2021 should be very good to Adidas. CEO Kasper Rorsted says the Three Stripes is “seeing a slow and steady recovery” from COVID-19 impacts.

The off-price, 430-door retailer Big 5 Sporting Goods is actively pursuing expanded relationships with existing footwear vendors and partnerships with new shoe vendors to help make up for likely lost Nike sales in the months ahead.

Dick’s Sporting Goods, the largest full-line sporting goods chain in the U.S., is opening a new off-price store concept — Going, Going, Gone — this month as part of an expansion that also includes a new warehouse store, a Dick’s-bannered location, six redesigned Golf Galaxy locations and...

Demand for Columbia and SOREL branded footwear continues to rise, but it’s outpacing the production capacity for both labels in Asia. “Remember, many of these footwear factories were shut down with the pandemic raging in China,” Columbia Chairman and CEO Tim Boyle told analysts last week.

According to a report from Reuters, the Swiss-based running footwear brand On is working on a possible U.S. IPO for the Fall that could value the company in the $4-5 billion range. On, which has had backing from tennis star Roger Federer since 2019, was launched in 2010...

Berkshire Hathaway-owned Brooks, on a rolling 12-month basis, is projected to hit $1 billion in aggregate annual sales from its wholesale channel and website this month, CEO Jim Weber told Barron’s last week ahead of the parent company’s virtual annual meeting from Los Angeles on May 1.

Campbell, CA-based retailer Beck’s Shoes has an ambitious acquisition strategy in place, and it includes ensuring the legacies of the small, family-owned shoe stores they are acquiring. Fifth-generation independent family shoe store operators, cousins Adam Beck and Julia Beck-Gomez, are expanding...

An early Easter, government stimulus checks, a surge in COVID-19 vaccines and warm weather were all contributing factors to a strong first quarter for U.S. footwear sales, according to The NPD Group’s Retail Tracking Service.

Total period revenue grew 15 percent to $1.43 billion for Skechers in Q1. The brand’s domestic wholesale business fell less than 1 percent compared to the year-ago period but was 8.1 percent higher than Q1/19. Skechers confirmed that its domestic wholesale business was negatively impacted by...

The NFL Draft’s presumptive first pick tomorrow night, Trevor Lawrence, will reportedly sign on as an Adidas endorser and appear in marketing campaigns for the Three Stripes. The former Clemson quarterback, who has already signed a Gatorade deal, is expected to be selected first by...

Terry Schalow is the executive director of the Running Industry Association, a non-profit organization whose main mission is to support the brick-and-mortar running retail channel throughout the United States and Canada. We caught up with Schalow to get his insight on the running industry...

There are seemingly limitless options of innovative products to sell to runners beyond running shoes and performance apparel. Here’s a look at some of the season’s must-have gear.

Santa Monica, CA-based health and wellness brand Addaday, known for its massage products, has expanded distribution to all U.S. Target stores and expanded into new global markets over the last year. And the company has made four strategic hires for its executive suite...

According to a new 14-page report from RetailWire, 77 percent of large retailers say it’s important to develop a clear robotics strategy versus 30 percent for smaller retailers. Some 47 percent of respondents said it was “somewhat important” to have a clear, executable and budgeted...

According to the Grassroots Outdoor Alliance, independent outdoor specialty retailers are enjoying an exceptional year-to-date sales rebound that has met and surpassed business as usual. Retailers in the group are up 8 percent on a rolling 12-month basis with year-over-year Q1 figures jumping...

DSW parent Designer Brands has struck a deal with Ames Capital-controlled FanzzLids Holdings to add Lids shop-in-shop concept shops in approximately one-third of its 130 Canadian doors. The specialty areas will feature licensed jerseys and headwear online and in 45 Canadian locations, including...

Boston-based private equity firm Exeter Capital is investing in NOBULL, a six-year old footwear and apparel brand founded by former Reebok executives Marcus Wilson and Michael Schaeffer. As part of the unspecified investment, Exeter Managing Director Steven J. Collins is joining the NOBULL board.

British retailer JD Sports continues to march across the U.S. JD’s growth has accelerated in recent months via strategic acquisitions of West Coast-based Shoe Palace and DTLR in the East. The retail chain will focus on expanding its nameplate by another 50 before the end of...

Cole Haan is entering the performance golf category with a collection of three new footwear styles designed and engineered for golf performance. The new spikeless golf offerings are engineered to provide traction, cushioning, ideal fit and weather-proofing, combined with the brand’s unique style.