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Footwear Business UPDATE.
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Footwear Business UPDATE

Footwear Business UPDATE is the only continuously updated source for news for the Athletic and Casual Footwear markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The Footwear Business UPDATE newsletter is delivered via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.

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The Latest News...

Collective Brands Partners on Star Wars Collection
Collective Brands, Inc. and Lucasfilm Ltd. announced a multi-year licensing agreement that will transport both Payless ShoeSource and Stride Rite Children's Group customers to "a galaxy far, far away" with the development of exclusive product lines based on Star Wars and Star Wars: The Clone Wars...(2/8/2010)

OIA Topline Report: December Sales Slide 1%
The December 2009 edition of the Outdoor Industry Association (OIA) Outdoor Topline Report found that retail sales for all core outdoor stores combined (chain, internet, specialty) dropped 1% compared to last December, moving from $1.07 billion from $1.06 billion. Weather-appropriate categories saw healthy sales; compared to December 2008, all insulated tops gained 11% in dollar sales, softshell tops grew 2%, apparel accessories jumped 8 percent and winter boots were up 9%...(2/8/2010)

Retail Container Traffic to be Up 25% in First Half
Import cargo volume at the nation's major retail container ports will be a full 25% higher during the first half of 2010 compared with the same period a year ago, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates...(2/8/2010)

Boot Town Western Wearhouse to Liquidate
US Federal Bankruptcy Chief Judge Barbara J. Houser, approved the proposed Chapter 11 liquidation plan for Boot Town Western Wearhouse (BTWW Retail LP) at a court hearing in Dallas...(2/8/2010)

New Balance Opens Shanghai Store
New Balance has opened its first Experience Store in Shanghai. It is New Balance's second Experience Store in China, following the opening of its first on Beijing's Qianmen Avenue last year... (2/8/2010)

Saucony to Endorse Olympic Sprinter Wallace Spearmon, Jr.
Saucony, Inc. signed 2008 U.S. Olympian and two-time World Championships gold medalist Wallace Spearmon, Jr. to a multi-year endorsement contract...(2/8/2010)

Asics Corp Posts 11% Sales Decrease in Fiscal Q3, but U.S. Business Up
Asics Corporation posted an 11.0% decrease in revenues for the fiscal third quarter ended December 31. Total consolidated worldwide revenues were �164.3 billion ($1.83 bn), compared to �184.6 billion ($1.90 bn) in the year-ago quarter. Operating profits fell 27.6% to �13.5 billion ($151 mm) for the fiscal third quarter, while net income declined 42.1% to �5.63 billion ($63 mm) versus the prior-year quarter. The news was a bit better in the U.S... (2/7/2010)

Amer Sports Q4 Sales Down 3% as Ball Sports Segment Weakens
Amer Sports Corporation said net sales for the fourth quarter fell 3% to €482.8 million ($713.1mm), due largely to a 14% decline in sales of ball sports. Winter and outdoor sales rose 1% to €392.2 million ($579.3mm), while fitness sales were flat at €58.9 million ($87mm), including the effect of currency translation. The Finnish company, which owns the Salomon, Wilson, Preco, Atomic, Suunto, Mavic and Artc'Teryx brands, said it does not see a quick recovery...(2/4/2010)



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