Bob McGee

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Running Rising, Apparel Moving to Seasonal Need

Could the COVID-19 pandemic be the starting line for a second running boom in the U.S.? Recent data pulled by Klaviyo, a marketing platform focused on e-commerce, shows huge growth in online running shoe sales in late March as the coronavirus closed gyms across the country and people...

Deckers Will Continue Investing in Hoka

Market momentum for the Hoka One One brand, whose global revenues rose 58 percent in FY20 to $353 million, is forecast to continue this fiscal year but at a slower rate. Senior executives at parent firm Deckers last week told analysts that Hoka’s projected sales increase for...

Earnings Report: Retailers See Casual Athletic On Top

Menomonee Falls, WI-based Kohl’s is exiting eight women’s private apparel brands this year but says it remains committed to growing the active category, pointing out that it has doubled the segment’s sales since 2013.

Boot Barn Slows Expansion, Sees New Customer Opportunities

Boot Barn will slow its brick-and-mortar expansion plans this year due to the COVID-19 pandemic but still intends to eventually reach 500 doors, the Irvine, CA-based retailer said.The 259-door chain aims to capitalize on what it sees as a customer segmentation split between...

In The News: Informa Launches Virtual Trade Show, ASICS, Orvis

Informa Markets Fashion, producer of the MICAM Americas, MAGIC and Project trade shows, is partnering with e-commerce wholesale platform NuORDER for a digital tradeshow that will launch in conjunction with Informa’s physical shows for fall.

Foot Locker Merging Champs Sports, Eastbay; Wall Street Mixed on Retailer

Eastbay’s longtime operation in Wausau, WI, is being shuttered in July with as many as 187 layoffs as Foot Locker combines Champs Sports and Eastbay under a single leadership team based in Bradenton, FL. Foot Locker confirmed the restructuring during its first-quarter earnings call last week.

Chip Coe is New Global Brand Prez of Cat Footwear

Chip Coe has been named the new global brand president of Cat Footwear.Coe, the former president and CEO of Smartwool, joined Wolverine Worldwide in 2010 and has had several positions over the last decade. Most recently, he served as SVP of Strategy.

NPD: Two Running Brands, Slippers Outperform in April

While overall U.S. footwear sales declined 56 percent year-over-year in April to $1.2 billion, there were some bright spots for the sector, according to the NPD Group.Decker Brands-owned Hoka One One and On Running each posted strong sales gains to help the performance category perform better...

RIA Brand Survey: Most Running Brands Don’t Expect ‘Normalcy’ Until Third Quarter

The COVID-19 pandemic is hitting smaller running brands harder, and 40 percent of all running brands “don’t think they will survive” if the crisis stretches into the third quarter and beyond. These are among the findings in the Running Industry Association’s COVID-19 Brand Survey where...

VFC: Evolving Behaviors Perfect for Brands, DTC

Emerging consumer behaviors and values born out of the COVID-19 crisis bode well for the parent of Vans, The North Face, Timberland and Dickies brands, the company says. So with an eye toward possible acquisitions post-pandemic, further revenue growth from Direct to Consumer sales and maintaining...

Mizuno’s Americas’ Business Bolstered by Running

Annual Americas’ sales rose 7.8 percent in yen to the equivalent of $177.4 million for Japanese brand Mizuno, which attributed the topline growth from its running and golf equipment segments.

Managing Product Integrity and Quality

Supply chain and movement of inventory both old and new are two topics garnering additional attention in the COVID-19 era, according to Quality Corrections & Inspections, a high-volume rework firm which has operations in Duncansville, PA, and Henderson, NV.

UA’s Frisk: 2020 Will Be Year of “Rebalancing” for Brands, Retailers

Under Armour President and CEO Patrik Frisk thinks overriding “rebalancing” strategies amid the COVID-19 pandemic will focus on everything from inventory levels and distribution focus to further rationalization of overall U.S. brick-and-mortar store space.

Footwear Sector Suffers Double-Digit Dip in Sales, Orders in First Quarter

A study on industry impacts from the COVID-19 crisis by Confindustria Moda with participation by 88 members of the Italian trade organization, Assocalzaturifici Italiani, found that footwear companies averaged a 38.4 percent drop in first-quarter sales with...

Bankrupt Stage Stores Owes Eight Footwear Companies More than $11.65 Million

Stage Stores, operator of six department banners representing 738 doors across 42 states, filed for Chap. 11 on May 10, becoming the third U.S. retailer after J. Crew and Neiman Marcus to file for bankruptcy protection this month.

Puma Strategy:  Manage the Crisis Without Destroying the Momentum

The brand with a “Forever Faster” slogan has a new one for 2020: Stronger Together. Vowing to avoid layoffs and maintain brand relationships with both factories and global retail partners, Puma SE CEO Bjorn Gulden says the company’s primary...

Rocky Brands Should Benefit From Core Styles, Own Manufacturing

While senior executives at Nelsonville, OH-based Rocky Brands admit it’s difficult to forecast what the final three quarters will be like for the company and its stable of footwear brands, Rocky’s own manufacturing plants in the...

Columbia Vows Continued Focus on Footwear

Despite a 9 percent constant-currency decline in first-quarter footwear sales to $116.0 million, Columbia Sportswear senior management says the segment will remain an important focus for the remainder of FY20.

Shoe Carnival Begins Re-Opening Stores

Publicly traded, 390-door chain Shoe Carnival reopened 122 stores on May 1 in locations where states and local officials relaxed or canceled stay-at-home orders, and another 62 doors on May 4.

Adidas Pivots, Braces for Tough Second Quarter

With more than 70 percent of its global stores still shut this week, Adidas is in the midst of reshaping its business model with strategies for a “new normal.” Those actions: Repurposing and liquidating existing inventories; accelerating a focus on digital as the Three Stripes eyes...

Italian Shoe Trade Group Forges Partnership with DropShip Company

Citing the impact the COVID-19 crisis has had in shuttering shoe and clothing stores worldwide, the Assocalzaturifici Italiani has inked a partnership with Brandsdistribution, a drop ship firm that is launching a multichannel platform in BDroppy that will offer footwear brands...

Crocs, Skechers Make Adjustments in Wake of COVID-19

Crocs, despite realizing a 5 percent decline in second quarter revenues to $281.2 million, saw its Americas’ revenues increase 14 percent bolstered by a 23 percent retail comp gain prior to March store shutdown with both wholesale and e-commerce showing strength.

Sports Cancellations, Store Closures Hurt March Athletic Footwear Sales

Dollar sales of baseball, soccer and golf shoes slipped an average 30 percent in March, according to research firm The NPD Group. Performance basketball and running shoe sales also fell.

Wolverine Adapts to COVID-19-Impacted World

Forecasting a “very challenged” U.S. retail market in April and bracing for the second quarter to be its “most challenging” period of 2020, Wolverine Worldwide continue to modify its operational structure and business plans following a first quarter where overall revenues dipped...

Executive Order Grants Some Duty Relief

The Trump Administration will allow some companies to postpone tariff payments on imports for certain goods coming into the U.S. in March and April. An executive order granting the relief does not include Section 301, Section 201 and Section 232 aluminum and steel tariffs.