January 13, 2021
Zumiez said that Q4 was “the most difficult quarter we have ever had” in a presentation at the ICR conference, with headwinds from the Covid-19 resurgence that closed stores in some markets, and restricted hours and traffic in others.
A significant shift to selling hardgoods, which accounted for 60% of last year’s sales compared to 50% in 2019, powered the 430-door west coast retailer to record sales and profits, BGFV said in a presentation at the ICR conference.
The iconic British boot brand plans to float on the London Stock Exchange as it looks to expand its offering and drive e-commerce sales, our sister publication Shoe Intelligence reported.
The online marketplace gross merchandise value of transactions increased by 80% to $1.8 billion in 2020 from $1.0 billion the year before, as it counted more than 7.5 million trades in the pandemic year.
Surf Industry Manufacturers Association members elected Vissla owner Paul Naudé as president of its board, for a two year term ending in Dec. 2022.
The Bentonville, AR-based carbon frame bike maker appointed former Moots Cycles president Medlock as its new chief executive in Aug.
Grand Rapids, MI-based Blackford Capital has taken an unspecified stake in Aqua-Leisure, which sells swim goggles, swimming aids and pool floats under several brand names.
In their largest such suit filed to date, the Eager Beavertons are suing 186 named defendants who are operating 589 infringing websites through 42 counterfeiting networks, selling knockoff Nike, Jordan and Converse gear online.