EXEC: FDRA Finds Holiday Shoe Shoppers Seeking Value
REI Co-op Sets Three-Year Transformation Strategy to Get Co-Op Back to Growth
Genesco Creates Journeys Global Retail Group to Drive Female Youth Focus
Vail Resorts Sees 2025/26 Season Pass Sales Lagging Last Season After Fiscal 2025 Growth
EXEC: How Wisconsin’s Sherper’s Has Survived 90 Years Serving Outdoor Retail Consumers
SGB Update
Unspun Appoints Athleta’s Chris Blakeslee as First Independent Board Member
Blakeslee was most recently president & CEO of Athleta and advisor to the company until later this fall. His previous roles include president of Alo Yoga and its sister brand, Bella + Canvas, and senior positions across operations, supply chain, sales and sourcing sectors at Alphabroder.
Pure Hockey Enters Kansas Market with Bar Down Hockey Shop Acquisition
With this latest acquisition, Pure Hockey now operates 86 retail locations across 32 states, further cementing its role as the premier destination for hockey players, coaches, and fans nationwide.
Nike Cites North America, Wholesale and Running in Topping Fiscal Q1 Estimates
Nike, Inc. reported earnings and sales that easily surpassed analysts’ expectations in the fiscal first quarter ended August 31, with Nike CEO citing “progress through our Win Now actions in our priority areas of North America, Wholesale, and Running.” Sales rose 1 percent, surpassing Nike’s guidance of a mid-single-digit decline.
Consumer Confidence Drops to Five-Month Low in September On Job Concerns
The Conference Board reports that U.S. consumer confidence fell in September to its lowest level in five months, driven by growing concerns about job prospects and the broader economy.
Reach Sales Group to Rep Wild Country and Evolv Brands in Southwest U.S.
The Reach Sales Group will handle all sales for Oberalp Group’s Wild Country and Evolv brands in California, Nevada, Arizona, and Hawaii.
SGB Executive
EXEC: Buyers of Modell’s Sporting Goods Brand Accused of Running Ponzi Scheme
The Securities and Exchange Commission (SEC) has accused two individuals who purchased well-known retailers out of bankruptcy proceedings, including Modell’s Sporting Goods, RadioShack and Pier 1 Imports of running a Ponzi scheme that raised roughly $112 million from investors through fraudulent means.
EXEC: FDRA Finds Holiday Shoe Shoppers Seeking Value
The Footwear Distributors and Retailers of America (FDRA) forecasts that consumers will spend slightly less this holiday season on footwear, as they seek value amid higher prices. Athletic footwear will lose ground to casual shoes and fashion/dress shoes in purchase intention.
EXEC: Amer Sports Earns Upgrade as Tibet Fireworks Backlash Seen as ‘Short-Lived’
Amer Sports, Inc. received a stock upgrade from Wells Fargo, as the investment firm’s checks in China found that the recent social media backlash stemming from the company’s recent marketing campaign, featuring a fireworks display in Tibet, “point to little-to-no concern” in both the near- and long-term.
EXEC: Europe’s Sportscape Appoints New CEO
Sportscape, one of Europe’s biggest e-commerce platforms for sports and outdoor enthusiasts, appointed Andy Anson, the outgoing CEO of the British Olympic Association (BOA) and former CEO of Kitbag, as CEO.
EXEC: Mindbody Survey Finds Fitness Industry Professionals Upbeat About 2025
Despite economic uncertainties, nearly three-quarters (72 percent) of fitness industry operators are confident about their performance this year, signaling that wellness has shifted from a luxury to a lifestyle priority. AI-driven innovation and favorable fitness trends are also seen as factors boosting confidence, according to Mindbody’s survey results.
