0.75%
Wednesday, January 22, 2020
Volume 3, Issue No. 3

Payless Returning to U.S. Market

After selling approximately 25 million pairs internationally over the last year — a period marked by its second bankruptcy filing in 22 months — Topeka, KS-based Payless ShoeSource is preparing for a U.S. market return. Read the full story.

VF Corp. May Divest Occupational Work Brands

Barclays will assist VFC with a strategic alternative review of nine occupational brands within its Work segment. The labels under review for potential sale include: Red Kap, VF Solutions, Bulwark, Workrite, Walls, Terra, Kodiak, Work Authority and Horace Small. Read the full story.

Inside the Rick Rubin x Sanuk Collaboration

Last week, Sanuk announced it had partnered with legendary music producer Rick Rubin (a co-founder of Def Jam records, Rubin has worked with acts including the Beastie Boys, LL Cool J, Run DMC, Johnny Cash, Adele and more) for two slip-on styles under the name Aum. Read the full story.

PODCAST
Hugh, John and Joe Gaither of Feetures

Feetures, the Hickory, NC performance sock company, is a family affair for the Gaithers. Led by CEO and Founder Hugh Gaither and joined by sons John and Joe and daughter, Catherine Leitch, the brand has set its sights on the independent footwear channel. Here, Hugh, John and Joe Gaither discuss the company’s ascension in the run specialty market and broadening their reach.
Listen here.

In The News
Adidas Hits Green Milestone, Nike Commits to Esports and More...

This year, more than half of the polyester used by Adidas will come from recycled waste, the Herzogenaurach, Germany-based brand announced. For 2020, the brand said it will create 15 to 20 million pairs of shoes made with plastic waste collected from beaches and coastal areas, a dramatic uptick from the 11 million pairs created in 2019. Read the full story.

FOOTWEAR INSIGHT INDEX

Segment trails Dow for second consecutive week, again falling less than 1 percent versus a 1.13 percent gain for the Dow to 29,196.04 at Jan. 21 close. Six stocks, paced by Asics and Puma on a percentage basis, rise, and 14 stocks fall. Crocs hit a 52-week high during the period, with shares up more than 30 percent over the last three months. Steve Madden is conducting a 2020 voter registration effort in 81 of its stores and select outlets ahead of the November 2020 election. Puma is introducing a Ralph Sampson shoe ahead of the NBA All-Star Game in Chicago next month. Shoe Carnival is moving forward with a strategy to deliver more localized assortments in its stores with styles for specific locations and customer segments via its deployment of Aptos’ planning and solutions tools. Wolverine inks a multi-year, multi-category licensing pact with glove maker Olympia Sports for the work, hunt/fish and casual categories.  — Bob McGee 
The Footwear Insight Index tracks 20 of the most important publicly traded companies that have a substantial footwear business (6 retailers, 14 brands).
Index base of 100 is key to the closing prices of 12/29/17

INDEX: 155

0.75%

Weekly Review

Company name
(Ticker Symbol)

% Change over week
Price 01/13/19 • Price 01/21/19

ASICS Corp.
7936.T

5.49%

$14.58 • $15.38

Boot Barn
BOOT

4.69%

$45.82 • $43.67

Crocs
CROX

1.23%

$42.23 • $41.71

Designer Brands
DBI

0.63%

$15.87 • $15.77

Genesco
GCO

2.57%

$44.75 • $43.60

Mizuno
8022.T

2.37%

$24.87 • $24.28

Puma
PMMAF

3.80%

$80.25 • $83.30

Shoe Carnival
SKVL

3.46%

$37.02 • $38.30

Steve Madden
SHOO

1.40%

$42.11 • $41.52

VF Corp.
VFC

1.34%

$95.93 • $94.64

Company name
(Ticker Symbol)

% Change over week
Price 01/13/19 • Price 01/21/19

Adidas
addyy

0.27%

$173.00 • $172.53

Caleres
CAL

0.73%

$21.80 • $21.64

Deckers
DECK

4.29%

$167.79 • $174.98

Foot Locker
FL

1.80%

$38.91 • $39.61

GEOX
GEO.MI

1.53%

$1.31 • $1.29

Nike
NKE

2.36%

$102.61 • $104.57

Rocky Brands
RCKY

3.07%

$28.03 • $28.89

Skechers
SKX

2.56%

$42.27 • $41.19

Under Armour
UAA

0.10%

$20.17 • $20.19

Wolverine
WWW

0.30%

$33.75 • $33.65

TOTAL
Week over week

0.75%

$1,072.62 • $1,080.71

ARCHIVES - January 15, 2020

Timberland President Jim Pisani Steps Down

Jim Pisani has resigned his position as global brand president at Stratham, NH-based Timberland to be closer to his family in the Midwest, Timberland parent company VF Corp. announced today.
Read the full story.

Boot Barn Banks on Own Brands, Looks to Further Openings

Irvine, CA-based Boot Barn will put locations in Pennsylvania, Ohio and Arkansas as part of its plan to double its store count to 500, Boot Barn President Jim Conroy told attendees at the ICR Conference in Orlando last month.
Read the full story.

All in Motion Replacing C9 by Champion at Target

Some 17 months after announcing it would be ending its 15+ year licensed relationship with Hanesbrands’ C9 by Champion, Target Stores is ready to enter the activewear category on its own. The mass merchant rolls out its All in Motion label for men, women and children online Jan. 17, followed by a brick-and-mortar launch later this month. Read the full story.

PODCAST
Chris Bellamy and Aron Tremble, Wiivv Wearables

Chris Bellamy and Aron Tremble, senior executives with Vancouver, Canada-based Wiivv Wearables, dish on key data findings from 13 million data points on foot size and shape, the increased consumer demand for customized fit products, 3D scanning and how offering customized products can increase store traffic.
Listen here.

In The News
Opening Ceremony, Aku, Rocky Brands, Crocs and More

Opening Ceremony will shutter all its brick-and-mortar doors in 2020 to concentrate on its apparel line. The experimental brand, which was acquired by New Guards Group this week, was founded in New York in 2002 by Carol Lim and Humberto Leon as a multi brand shop that became... Read the full story.