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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.


The Latest News...

Columbia's Organic Sales Up 14 Percent in Third Quarter
Columbia Sportswear Company reported strengthening sales of Columbia branded product by its European direct-to-consumer business, incremental sales from its new China joint venture and newly-acquired prAna turbo-charged its 14 percent organic growth in the third quarter to push its top line to a record $675.3 million, up $152.2 million, or 29 percent, compared with the same period in 2013...(10/30/2014)

Sorel Opens First Pop-Up Store
Sorel opened its first-ever seasonal branded retail store at 345 W. 14th St. in Manhattan’s Meatpacking District. The store will open on October 30 through February 2015...(10/30/2014)

TIA Data Points to Improving U.S. Tennis Market
Tennis Industry Association reports that wholesale shipments of tennis products improved in the third quarter, with shipments of balls and strings up and sales of high-end racquets up a surprising...(10/30/2014)

Boot Barn Prices IPO
Boot Barn Holdings, a western apparel and footwear retailer with 158 stores in the US, raised $80 million in its initial public offering. The company offered 5 million shares at $16, the high end of its $14-$16 price range... (10/30/2014)

Evolv Names Market Manager
Evolv, which makes climbing and outdoor footwear, has hired Kelsey Reddoch as its marketing manager...(10/30/2014)

Female Participation in Outdoor Recreation Rose in 2013
The Outdoor Foundation’s eighth annual Outdoor Recreation Participation Report shows participation among teenage girls increased by three percentage points in 2013, making up some of the ground lost in 2012. Participation rates among girls and young women increased by two percentage points bringing young women’s participation to the highest rate since 2006. Participation among male youth, on the other hand, either fell or remained steady...(10/30/2014)

Patagonia’s $20 Million & Change Invests In Bureo Skateboards
Patagonia Works, which includes Patagonia, Inc., as well as Patagonia Media and Patagonia Provisions, announced a a seed investment in Bureo Inc., a company that has established a fishing net collection and recycling program along the coast of Chile. Bureo transforms the waste into sustainable skateboard decks...(10/30/2014)

Report: Nike to Exit Snowboarding
Nike plans to exit the snowboarding business in order to focus its Nike SB brand on skateboarding, according to the Oregonian...(10/30/2014)

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