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Cozy @ Home

Our places of residence have taken on a lot of new roles over the past months: (Home) office, (home) gym, (home) school. These days, home base means more than ever. So maybe it’s not surprising that the categories consumers are embracing are the footwear favorites perfect for life around the house.

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Footwear Insight

Magazine Archives

Spring Styles Bring the Heat

Whether it’s tackling the neighborhood on foot or running sprints on the track, more and more consumers are lacing up for a run. Longtime runners or new recruits are sure to find what they’re looking for in spring ’21’s crop of shoes to watch.

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Adventure Ready

As Americans increasingly explore local neighborhood trails, parks and wild spaces, they’re looking for versatile, rugged styles that hold up to whatever adventures they find. These spring ’21 styles fit the bill.

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Summer Like No Other

July 4 didn’t bring the usual array of community events and fireworks extravaganzas to the U.S. this year, but even as COVID concerns played out across the country, the active lifestyle industry saw some bright spots.

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Takeaway from the NRF Series on Leadership

The ability to share screen time with industry leaders for candid conversation about corporate decision-making is as easy as a click on a Zoom link. For example, National Retail Federation (NRF) president and CEO Matthew Shay is hosting weekly online sit- downs with top execs...

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Oboz Looks Ahead

Oboz president Amy Beck didn’t end her first year on the job the way she expected. Elevated to the top post at Oboz and as president of North America at parent company Kathmandu in April of 2019, Beck, like most company heads, was thrown into a new reality after the global COVID-19...

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Darn Tough Redesigns Run Sock Line

In Spring 2021, performance sock brand Darn Tough Vermont will release an entirely redesigned Run collection. In development for two years, the new Run socks have been reconstructed with technical features that include targeted ultra-lightweight cushioning in the footbed and toe for...

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Academy’s Footwear Business Topped $1 Billion in FY19

Regional value-based retailer Academy Sports + Outdoors, which filed for a proposed $100 million offering of public stock last week, generated more than $1.02 billion in footwear sales for the fiscal year ended Feb. 1, 2020. The footwear sales total, up 2.4 percent...

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Geox, Clarks Altering North American Business Models

Geox, the publicly traded parent of the Italian classic and comfort brand, is making changes to its operations in the U.S. and Canada in effort to improve profitability across the region. Meanwhile, iconic British shoe brand Clarks is reportedly contemplating a shift toward...

Read More

Thorogood Realigns Sales Management Team; Oboz Announces New Hires and Promotions

Wisconsin-based Weinbrenner Shoe Company, Inc., the manufacturer of Thorogood job-fitted footwear recently announced the realignment of its sales management team. Jason Taran, formerly Public Safety and Military Sales Manager has been named Sales Manager for Thorogood Work and...

Read More

Crocs Anticipates Strengthening Business, Names President

Citing “exceptional consumer demand and strong sellthroughs,” the Broomfield, CO company last week projected its third-quarter sales will increase approximately 10 percent from the $312.8 million generated in the year-ago period.

Read More

In The News: Under Armour, Farm To Feet, REI, Zumiez, Reebok x Maison Margiela, Keen, Oofos

Under Armour is launching its first women’s-specific basketball shoe, the UA HOVR Breakthru, on September 17. Available in seven colorways, the $110 HOVR Breakthru will exclusively be sold at Dick’s Sporting Goods, UA.com, and UA Brand Houses.

Read More

Designer Brands Pivots to Athleisure, Reins In Camuto

The DSW parent says the banner experienced a dramatic rise in its second-quarter athletics business and that it has the flexibility and necessary vendor relationships to become a “go-to sneaker” headquarters.

Read More

Tennis Trends: On Court at the U.S. Open

This year’s U.S. Open tennis tournament has been out of the ordinary in more ways than one. The first Grand Slam being held since the COVID pandemic hit, the tournament, now in its second week, is being held without fans in attendance.

Read More

Footwear Insight

EXTRA Archives

JackRabbit Parent Acquires Shoes.com from Walmart

CriticalPoint Capital, the Manhattan Beach, CA-based private equity firm whose investment portfolio includes the JackRabbit specialty run chain and Maine-based Olympia Sports, has purchased Shoes.com from Walmart for an unspecified price.

Multiple Factors Lead to Blockbuster Q2 for Hibbett Sports

A number of simultaneous developments helped the operator of the Hibbett Sports and City Gear banners generate blockbuster second quarter results. Consolidated comp-store sales rose 79 percent, with brick-and-mortar comps increasing 65 percent and e-commerce comps gaining a whopping 212 percent.

Shoe Carnival Extending Back-to-School Season Due to Later Openings

Aiming to meet the shifting needs of its customers and forecasting flat comparable store sales for the combined August-September period, the national specialty chain is extending its Back-To-School season through October. At Aug. 31, an estimated 65 percent of...

Caleres CEO Sees Industry Shifts in Buying, Supply Chains

Footwear development and supply chains are “tightening up” as disciplined footwear retailers develop strategies to operate their businesses with less total inventory heading into 2021 seasons. Caleres CEO Diane Sullivan made that assessment yesterday during the...

In the News: The North Face, Foot Locker, A Snail’s Pace, OS1st, Rack Room

The North Face will roll out a patented new footwear technology called VECTIV in 2021. Described as being “born on the trail and rooted in elite athlete insights,” VECTIV tech is designed to promote forward momentum and propulsion and is built to...

Dick’s Sporting Goods in Good Spot Despite Team, B-T-S Softness

Dick’s Sporting Goods reported blockbuster second-quarter results, aided by the acceleration of Americans focusing on health and fitness during the COVID-19 pandemic, as well as pent-up demand, curbside pickup and traction for its private label brands, led by the CALIA and...

Obituary: Stephen Freeman, Sales Representative

Industry stalwart Stephen Freeman died on August 21, shortly after being diagnosed with cancer. He was 64.Freeman most recently served as the U.S. line builder for Ara Shoes, as well as sales representative for New York City, the Mid-Atlantic, the Southeast and Midwest.

Foot Locker Strikes Balance Between Stores, Digital

With its network of stores open for approximately 70 percent of potential operating days in the second quarter versus 50 percent in the first quarter, Foot Locker delivered an 18.6 percent increase in comparable store sales for the period ended Aug. 1 as Direct-to-Consumer sales rose...

NPD: Delayed, Virtual Back-To-School Hurt July Athletic Footwear Sales

Back-to-School issues and the end of pandemic unemployment assistance checks both negatively impacted athletic footwear sales last month, typically a key period for the industry. Total July U.S. footwear sales declined 16 percent year-over-year, according to...

Inside Retail: Earlier Consumer Demand, Delivery Capacity Among Key Holiday Trends

With e-commerce estimated to account for a record 30 percent of all Holiday 2020 sales, according to the Statista/Salesforce Shopping Index, footwear retailers should be prepared for a handful of key emerging trends. During a recent webinar on marketing trends, Retail Touchpoints highlighted...

Geox, Clarks Altering North American Business Models

Geox, the publicly traded parent of the Italian classic and comfort brand, is making changes to its operations in the U.S. and Canada in effort to improve profitability across the region. Meanwhile, iconic British shoe brand Clarks is reportedly contemplating a shift toward...

Read More

Thorogood Realigns Sales Management Team; Oboz Announces New Hires and Promotions

Wisconsin-based Weinbrenner Shoe Company, Inc., the manufacturer of Thorogood job-fitted footwear recently announced the realignment of its sales management team. Jason Taran, formerly Public Safety and Military Sales Manager has been named Sales Manager for Thorogood Work and...

Read More

Crocs Anticipates Strengthening Business, Names President

Citing “exceptional consumer demand and strong sellthroughs,” the Broomfield, CO company last week projected its third-quarter sales will increase approximately 10 percent from the $312.8 million generated in the year-ago period.

Read More

In The News: Under Armour, Farm To Feet, REI, Zumiez, Reebok x Maison Margiela, Keen, Oofos

Under Armour is launching its first women’s-specific basketball shoe, the UA HOVR Breakthru, on September 17. Available in seven colorways, the $110 HOVR Breakthru will exclusively be sold at Dick’s Sporting Goods, UA.com, and UA Brand Houses.

Read More

Designer Brands Pivots to Athleisure, Reins In Camuto

The DSW parent says the banner experienced a dramatic rise in its second-quarter athletics business and that it has the flexibility and necessary vendor relationships to become a “go-to sneaker” headquarters.

Read More

Tennis Trends: On Court at the U.S. Open

This year’s U.S. Open tennis tournament has been out of the ordinary in more ways than one. The first Grand Slam being held since the COVID pandemic hit, the tournament, now in its second week, is being held without fans in attendance.

Read More

Footwear Insight

EXTRA Archives

Adidas Adjusts to Changing Landscape

The global COVID-19 pandemic, the postponed 2020 Tokyo Olympics and rising digital movement have pushed the Three Stripes to make changes to its business approach. After adjusting second half product orders in April, Herzogenaurach, Germany-based Adidas began implementing an...

Wolverine Names New President, Sees Mixed Results in Q2

Wolverine Worldwide has put a succession plan in motion. The Rockford, MI-based firm has named Brendan Hoffman, a 30-year merchandising, retail and digital marketing veteran, as its next president.

Annual U.S. Retail Imports Projected to Hit Lowest Level in Four Years

Retail imports are expected to hit their lowest levels since 2016, a trend likely due to retailers being careful not to import more than they can sell, suggests Jonathan Gold, VP for Supply Chain/Customs Policy at the National Retail Federation. “Shelves will be stocked, but this is...

In The News: Acushnet, Mizuno and More

Acushnet Holdings, parent of the Titleist and FootJoy brands, says its golf bag/footwear inventories were down 12 percent on June 30 thanks to strong consumer demand for the last 10 to 12 weeks that has contributed to lower-than-anticipated promotional activity.

NPD Group: Some Positive Signs in Footwear’s Wild Second Quarter

Renewed consumer interest in health & fitness, a rise in performance running shoe sales and increased allocations of limited-edition shoes were all positive developments in the April-June period according to research firm NPD Group. Men’s Leisure footwear sales rose 2 percent to...

Under Armour Braces For Possible Supply Shortages

Eager to move ahead with its brand reset strategy complete with Digital First and premium selling environment approaches, Under Amour senior management says the company may not have enough inventory for the “highly promotional” remainder of 2020. The company is anticipating a...

Ugg Targets Continued Dominance in Slipper/Sandal Hybrid Category

Without offering specific sales data, senior executives at Ugg parent Deckers Outdoors say the company has experienced “tremendous success” with its Fluff franchise as the “Fluff Yeah” generated the most revenues in the fiscal first quarter, and its companion “Oh Yeah” style was...

VF Corp. Forecasts 40 Percent Digital Growth This Fiscal Year

VF Corp., parent company of The North Face and Vans, generated global digital sales growth of more than 80 percent in its fiscal first quarter, including a 115 percent increase in the Americas region and nearly a 90 percent jump across its four largest brands for...

Crocs’ H2 Revenues Will Be Hindered by Inventory Levels

Expected product shortages for the remainder of the year are deliberate, Crocs said. The Niwot, CO-based firm dramatically cut summer delivery orders in March and sold through more units (16.3 million) than projected, realizing a 10 percent increase in...

Boot Barn Ramps Up Work, E-Commerce Focus

Boot Barn, which now operates stores in 36 states following a May opening in Arkansas and recent store additions in Pennsylvania, Ohio and North Carolina, wants to further expand its retail concept in Southeast and Mid-Atlantic states. Still intent on eventually doubling its store count...

Geox, Clarks Altering North American Business Models

Geox, the publicly traded parent of the Italian classic and comfort brand, is making changes to its operations in the U.S. and Canada in effort to improve profitability across the region. Meanwhile, iconic British shoe brand Clarks is reportedly contemplating a shift toward...

Read More

Thorogood Realigns Sales Management Team; Oboz Announces New Hires and Promotions

Wisconsin-based Weinbrenner Shoe Company, Inc., the manufacturer of Thorogood job-fitted footwear recently announced the realignment of its sales management team. Jason Taran, formerly Public Safety and Military Sales Manager has been named Sales Manager for Thorogood Work and...

Read More

Crocs Anticipates Strengthening Business, Names President

Citing “exceptional consumer demand and strong sellthroughs,” the Broomfield, CO company last week projected its third-quarter sales will increase approximately 10 percent from the $312.8 million generated in the year-ago period.

Read More

In The News: Under Armour, Farm To Feet, REI, Zumiez, Reebok x Maison Margiela, Keen, Oofos

Under Armour is launching its first women’s-specific basketball shoe, the UA HOVR Breakthru, on September 17. Available in seven colorways, the $110 HOVR Breakthru will exclusively be sold at Dick’s Sporting Goods, UA.com, and UA Brand Houses.

Read More

Footwear Insight

EXTRA Archives

Tennis Trends: On Court at the U.S. Open

This year’s U.S. Open tennis tournament has been out of the ordinary in more ways than one. The first Grand Slam being held since the COVID pandemic hit, the tournament, now in its second week, is being held without fans in attendance.

Read More

JD Sports Still Eyes Expansion

JD Sports, the publicly traded British parent of the Finish Line, has not altered its strategy for increasing the JD and Finish Line nameplates across the U.S. despite impacts from the COVID-19 pandemic.

Read More

Under Armour to Lay off 600; Expands Restructuring

Approximately 600 Under Armour corporate employees, some 11.8 percent of its 5,100 strong corporate workforce as of Dec. 31, 2019, are losing their jobs at the Baltimore-based company. The job cuts, expected to cost Under Armour $30 million in employee severance and...

Read More

Journeys Will Lean On Core Styles, Products For Holiday Season

Genesco-owned Journeys, admittedly in “inventory chase mode” since stores reopened following COVID-19-related closures, will bank on core footwear styles and products for the holiday season that will likely commence in October this year.

Read More

In The News: Feetures, MICAM, NYC Marathon, Tilly’s

Charlotte, NC-based sock brand Feetures has launched its first cycling collection. Available in three heights and two cushioning levels, the collection incorporates iWick fibers, an anatomical fit and targeted compression designed for cyclists.

Read More

JackRabbit Parent Acquires Shoes.com from Walmart

CriticalPoint Capital, the Manhattan Beach, CA-based private equity firm whose investment portfolio includes the JackRabbit specialty run chain and Maine-based Olympia Sports, has purchased Shoes.com from Walmart for an unspecified price.

Read More

Multiple Factors Lead to Blockbuster Q2 for Hibbett Sports

A number of simultaneous developments helped the operator of the Hibbett Sports and City Gear banners generate blockbuster second quarter results. Consolidated comp-store sales rose 79 percent, with brick-and-mortar comps increasing 65 percent and e-commerce comps gaining a whopping 212 percent.

Read More

Shoe Carnival Extending Back-to-School Season Due to Later Openings

Aiming to meet the shifting needs of its customers and forecasting flat comparable store sales for the combined August-September period, the national specialty chain is extending its Back-To-School season through October. At Aug. 31, an estimated 65 percent of...

Read More

FOOTWEAR INSIGHT INDEX

With the second quarter closing next week, ominous signs remain for the U.S. economy in this persistent pandemic environment as the number of active U.S. cases rose for a 10th straight day on June 22 to 1.26 million and 23 states reported increases in the number of cases. The Congressional Budget Office estimates the U.S. economy will generate $8 trillion less in economic activity over the next decade than it predicted months ago. And a report in The Atlantic suggests four factors — a great business die-off, the household fiscal cliff, state and local budget shortfalls and the persistent pandemic crisis — put the U.S. risk for a depression. Amid this backdrop, the Dow generated nearly 59 percent of its weekly 261.80-point gain for the week on the period’s final day, June 22. The action helped the Dow post a 1.02 percent increase for the period, about even with the Segment’s 1.06 percent increase as 12 stocks rose and eight declined. Aside from Mizuno, which benefited from currency effects, Nike and Deckers were the period’s biggest gainers. The Swoosh received four stock price target hikes from investment banks ahead of its scheduled fourth-quarter earnings report on June 25. Meanwhile, Nike and Puma are merging running technology and style into styles for the golf course, including The Cat’s RS-G and The Swoosh’s Air Max 270. Shoe Carnival reported that its 389 re-opened U.S. and Puerto Rico stores experienced a 28.1 percent rise in second quarter comparable store sales through  June 22, with brick-and-mortar up 4.0 percent and e-commerce gaining nearly 470 percent year-over-year. Under Armour Founder Kevin Plank has sold his Washington, D.C. mansion for $17.3 million after a reported two years on the market at a 41 percent discount from his 2018 asking price of $29.5 million. — Bob McGee 
The Footwear Insight Index tracks 20 of the most important publicly traded companies that have a substantial footwear business (6 retailers, 14 brands).
Index base of 100 is key to the closing prices of 12/29/17

INDEX: 123

1.06%

Weekly Review

Company name
(Ticker Symbol)

% Change over week
Price 06/15/20 • Price 06/22/20

ASICS Corp.
7936.T

0.35%

$11.38 • $11.34

Boot Barn
BOOT

1.09%

$22.84 • $22.59

Crocs
CROX

2.46%

$31.71 • $32.49

Designer Brands
DBI

4.49%

$7.13 • $6.81

Genesco
GCO

6.41%

$22.51 • $20.73

Mizuno
8022.T

14.12%

$18.41 • $21.01

Puma
PMMAF

1.65%

$72.90 • $74.10

Shoe Carnival
SKVL

0.26%

$27.02 • $27.09

Steve Madden
SHOO

0.13%

$23.30 • $23.33

VF Corp.
VFC

0.82%

$63.12 • $62.60

Company name
(Ticker Symbol)

% Change over week
Price 06/15/20 • Price 06/22/20

Adidas
addyy

0.72%

$132.53 • $133.49

Caleres
CAL

5.71%

$8.58 • $8.09

Deckers
DECK

3.71%

$193.55 • $200.73

Foot Locker
FL

0.99%

$29.23 • $29.52

GEOX
GEO.MI

4.49%

$0.89 • $0.85

Nike
NKE

1.72%

$97.83 • $99.51

Rocky Brands
RCKY

2.74%

$20.78 • $20.21

Skechers
SKX

5.66%

$33.20 • $31.32

Under Armour
UAA

3.55%

$9.86 • $9.51

Wolverine
WWW

0.26%

$23.08 • $23.14

TOTAL
Week over week

1.06%

$849.49 • $858.46