27 Apr U.S. Consumer Confidence Dips To Lowest Level Since July
According to the Conference Board, U.S. consumer confidence dropped in April to the lowest since July on more pessimistic views about the economic outlook, even...
Author: Jolie Gracia
27 Apr U.S. Footwear Sales Slip In Q1 But Performance Footwear Gains
U.S. footwear industry sales revenue was down 3 percent in the first quarter year-over-year to $9.0 billion, according to point-of-sale data published by Circana, formerly...
21 Apr China’s Economic Growth Accelerates With Consumption Boost
According to China’s National Bureau of Statistics, China’s economy grew 4.5 percent in the first quarter. The accelerated growth marked the fastest pace in a...
21 Apr Allbirds Expands And Extends Credit Line
Allbirds, in a regulatory filing, reported entering into an amendment agreement with JPMorgan Chase Bank, N.A., that increases borrowings available under its credit line and...
21 Apr Amer Sports Hires Foot Locker Veteran As CFO
Amer Sports hired Andrew Page, former CFO for Foot Locker, as Group CFO of Amer Sports and a member to its executive committee. Page reports to...
21 Apr Dick’s SG Hires New Chief Marketing Officer
Dick’s Sporting Goods’ Chief Marketing Officer Ed Plummer is retiring and will be replaced by PepsiCo’s Emily Silver, according to Advertising Age. Silver takes over later this month following...
13 Apr Authentic Brands Group Signs Agreement To Acquire Quicksilver, Billabong, DC Parent
After months of speculation in the active lifestyle market about a pending deal in the beach/skate lifestyle space, Authentic Brands Group (Authentic) reported it signed...
13 Apr Report: U.S. Parents Spend More On Kids Footwear, Less On Themselves
According to Circana (formerly IRI and The NPD Group), parents with kids living in the U.S. spend less on footwear for themselves and more on...
13 Apr Sneaker Prices Reach Highest Levels This Decade
Average sneaker prices in March 2023 rose to record levels in the U.S. by 12.3 percent since 2020 but followed closely by deepening retail discounts,...
10 Apr NRF: Imports Climbing But Below Pandemic Peaks
Import cargo volume at the nation’s major container ports should climb steadily through the summer but will remain below record-setting levels seen during most of...