September 23, 2021
The Eager Beavertons conceded that a combination of worsening shipping delays and longer-than-expected factory shutdowns in Vietnam will significantly impact its FY22 expectations, and result in tight inventory at retail for the rest of its fiscal year.
GCO will create a new line of Starter footwear at price points from $49 to $150, launching for Spring ’22 to be sold through the athletic and shoe specialty channels.
VF Corp. is relaunching the lifestyle bag and backpack brand in the U.S. after several years of strategic focus on the European and Asia-Pacific markets.
The livestream shopping platform, which counts Foot Locker among its investors, has raised another $50 million in a new funding round led by Goldman Sachs.
The veteran media executive was most recently president of Discovery Golf and GOLFTV, with stints at the NBA and DirecTV before that.
The World Federation of the Sporting Goods Industry’s members elected three new executives to the board of directors, in a vote taken via written ballots from its members.
Huish Outdoors is recalling about 76,000 Oceanic Adult Dry Top Snorkels because the bottom purge valve can leak, allowing unexpected water entry and posing a drowning hazard.