Under Armour on Monday launched the Curry Brand with NBA star Stephen Curry in a move being compared to Nike’s launch of the Jordan sub-brand in 1997. The new range launches on CurryBrand.com this week and features footwear and apparel for a number of sports, including...
Caleres has appointed Jay Schmidt as president of the company as part of a number of changes to its leadership structure for a greater alignment with its strategic direction and growth initiatives. “This transformation will drive a renewed, consumer-focused approach that will combine the know-how of...
Sensormatic Solutions, which employs cameras to measure in-store retail foot traffic, reported shopper visits resulted in a 52.1 percent decline in traffic on Black Friday, November 27, compared to 2019. Shopper traffic also decreased 45.2 percent week-to-date (Sunday, November 22 – Friday, November 27) compared...
Foot Locker announced the grand opening of its first Canadian Community Power Store in Vancouver, BC. A second community-based power store will open in Toronto in early December. The Vancouver and Toronto locations follow openings of Foot Locker Power Stores in Detroit, Philadelphia, New York, London,...
eBay has converted a gas station in East Hollywood into a drive-thru ‘Authentication Station’ – offering customers a socially-distanced way to evaluate and sell sneakers, watches and collectibles, without leaving their vehicles. The Authentication Station comes on the heels of the launch of eBay’s Authenticity Guarantee,...
Nike Inc. has introduced a new Nike Unite concept focused on local communities. The concept represents its fourth retail specialty concept, joining Nike House of Innovation, Nike Rise and Nike Live. Nike said in a statement: “Nike Unite exists to serve and celebrate the people in each...
Consumer confidence waned in October, reflecting somewhat less optimism about the jobs market and the U.S. economy in the next six months amid another outbreak of coronavirus cases. The Conference Board Consumer Confidence Index declined slightly in October, after increasing sharply in September. The Index now...
Adidas reported sales and profitability recovered in the third quarter as stores reopened, alongside booming e-commerce sales, with a modest profit expected in the final quarter. Major Developments Third-quarter top- and bottom-line results close to the prior-year level; Currency-neutral revenues down 3 percent, reflecting a focus...
Caleres named Michael Edwards president of Famous Footwear, effective November 20. Edwards joined Caleres in 2008, most recently serving as senior vice president of digital commerce, planning, allocation and stores. Prior to that, he held roles of increasing responsibility in Famous Footwear including chief customer...
Columbia Sportswear Company announced a series of senior leadership changes executing on transition plans, supporting the company’s omnichannel plans for growth and digital opportunities. Thomas B. Cusick has announced his intention to retire from the company. In February 2021 Cusick will step down from his role...