Dick’s Sporting Goods will expand its national footprint with the opening of its first Dick’s House of Sport, a new concept store in Victor, NY, on April 9, and two Warehouse Sale locations and experiential Soccer Shops in select locations in April. This month, the retailer...
Asics selected four startups’ collaboration proposals at its demo day, based on vision and feasibility. The theme for applications for the program was “Sound Mind, Sound Body.” Application enrollment began in October 2020 and the event took place on February 22, 2021 at the Asics Japan...
In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six additional wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports, and Big Five. The report also indicated that Nike would no longer sell apparel directly to...
A Chinese consumer boycott threat against international brands including Nike and Adidas appeared to be losing momentum over the weekend, according to a report from the South China Morning Post. Last week, Nike, H&M, Burberry and other Western brands faced backlash from Chinese state media and...
JD Sports Fashion Plc said it completed its acquisition of DTLR Villa LLC. Peter Cowgill, executive chairman, JD Sports, said, “We are delighted that this transaction, which gives us an enhanced presence in the North and East of the United States, has now formally completed. We look...
Shoe Carnival Inc. reported earnings vaulted 114 percent as margins improved and same-store sales ran up 6.4 percent. “Our exceptional results for fiscal year 2020 were achieved thanks to the resiliency and dedication of the Shoe Carnival team, the unwavering support of our loyal customers, and...
Nordstrom will begin hosting a series of live streaming events, where store employees or brand partners will showcase certain products on video. Customers who tune in can then purchase those products in real-time. The virtual events allow shoppers to engage with the hosts and ask questions about...
Foot Locker announced Melody Ehsani as creative director of its women’s business through content and product development. As creative director, Ehsani will design quarterly apparel capsule collections and curate an on-going selection of Nike and Jordan products. The first capsule collection will be available in summer...
The Hudson’s Bay Company, owners of Saks Fifth Avenue, signed a deal to sell a minority stake in Saks Fifth Avenue’s e-commerce business and turn it into a separate company. Saks Fifth Avenue’s e-commerce business as a standalone entity, which will be known as Saks. Insight...
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships. From April 2019 through March 2020, The VF Foundation granted more than $6 million to organizations worldwide. The grants were based on its...