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News
Zumiez’s Q2 Losses Expand on Footwear Weakness
3+ day, 12+ hour ago (323+ words) Zumiez Inc. reported a wider loss in the second quarter ended August 1 on a modest decline in sales, reflecting continued weakness in footwear and reduced in-store traffic. Comps were down 2.1 percent. Back-to-school sales have continued to run soft. Results were…...
Dr. Martens Appoints Global Customer Director
3+ day, 13+ hour ago (127+ words) Dr. Martens appointed former Burberry executive, Katie Morton, as global customer director. Morton joins Dr. Martens on October 26. She spent over 17 years at Burberry, where she was a founding member of the brand’s digital team. Throughout her career with the…...
Topo Stars Again for Designer Brands in Q2, Sales Approaching $100 Million Milestone
3+ day, 14+ hour ago (974+ words) Designer Brands Inc. reported that sales of Topo Athletic jumped 24 percent in the second quarter to pace robust growth across its Branded Portfolio segment. Officials expect the running and trail footwear brand to surpass $100 million in sales next year. Howe…...
EXEC: Academy Sports Sees Wide Assortments Offsetting Broader Athletic Footwear Softness
4+ day, 12+ hour ago (936+ words) Lawrence said footwear was also Academy’s worst performing category in the quarter, with sales down 1 percent. However, footwear only accounts for 20 percent of Academy’s sales and strength in sporting goods and outdoor are helping offset the footwear weakness. Lawrence said…...
EXEC: Famous Footwear Sees Shift from Lifestyle Athletic Pushing Q2 Comps and Margins Lower
4+ day, 12+ hour ago (1092+ words) Most industry watchers believed the trade channel would see a reinvigorated business based on each receiving new allocations of Nike and Jordan product over the last year. It turns out a downturn in lifestyle athletic may trump a Jordan release....
Famous Footwear’s Q2 Dragged Down by Late BTS Season, Lifestyle Athletic Softness
4+ day, 21+ hour ago (116+ words) Caleres Inc. reported second-quarter earnings that topped guidance, but sales fell short as Famous Footwear’s comps declined 5.9 percent due to a later back-to-school season and weakness in lifestyle athletic footwear. “We’re operating in an environment that remains dynamic, but our…...
Puma SE Snags Nike Veteran Steve Cecchini to Lead Sports Marketing
4+ day, 20+ hour ago (145+ words) Puma SE has appointed Steve Cecchini, formerly at Nike, as its new senior vice president, sports marketing, effective October 1, 2026. He will report directly to Puma CEO Arthur Hoeld. In his new role, Cecchini will further develop Puma’s sports marketing organization,…...
New Era to Open Flagship in London
4+ day, 20+ hour ago (190+ words) New Era plans to open a 2,500-square-foot flagship store on London’s Oxford Street in September. The headwear brand operates two flagship stores, including a store in New York City that opened this past April. New Era plans to open a…...
VF Corp’s Debt Ratings Outlook Upgraded to Positive
4+ day, 20+ hour ago (785+ words) S&P Global Ratings revised its debt ratings outlook on VF Corp. to positive from stable due to the company's progress in paying down debt. The ratings agency expects VF will reduce leverage below 3x in fiscal 2027 as it grows organic…...
SGB Media Online
4+ day, 21+ hour ago (107+ words) Famous Footwear’s Q2 Impacted by Later BTS Back-to-School season, Softness in Lifestyle Athletic Caleres Inc. reported earnings topped guidance in the second quarter, but sales fell short as Famous Footwear’s comps fell 5.9 percent due to a later back to school season…...