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May 24, 2022


Foot Locker Promises More Choices

Big Foot CEO Dick Johnson said that he’s seen no letup in consumer demand despite rising inflation, but conceded that comparisons against last year’s stimulus are going to be “mucky,” in a fireside chat at the Cowen investor conference.

Peloton Will Turn Subscription Model Upside Down

PTON’s new CEO Barry McCarthy was amazed the connected fitness company had neglected its digital app, and plans to move the low-priced subscription offering to the top of the marketing funnel.

Gildan’s ESG Targets Link to Debt Cost

Gildan is on track to meet its slate of three- and four-year ESG priorities now tied to its financing costs after incorporating sustainability-linked terms to $1 billion revolver, the company reported at the Stifel investor conference.

Report: Arklyz Group Acquires Shoe City

The acquisitive Switzerland-based retail group has acquired 40-door Baltimore chain Shoe City, Footwear News first reported.

Adidas Unveils Expansion of its Portland Campus

The Big a unveiled an upgraded and expanded North American HQ in Portland, OR, adding nearly 220k square feet in a project that began in 2018.

Grassroots Outdoor Alliance Names Gabe Maier as President

Gabe Maier returns to the outdoor specialty retail trade group to become president, effective Jun. 1, succeeding Rich Hill, who stepped down in Mar.

Etcetera: Sportsman’s Warehouse, Fischer, Castore

 
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