5.25%
Wednesday, June 19, 2019
Volume 2, Issue No. 11

OR Show Floor Trends: Lines We Like

By Jennifer Ernst Beaudry. The 2019 Outdoor Retailer Summer Market kicked off in Denver yesterday, and the trail styles, water shoes and hiking boots for the season were on full display. We’ve picked 5 styles that caught our eye — reach us on Twitter at @FootwearInsight and tell us what you’re loving at OR!  Read the full story here.

Sponsored Content

Multi-Functional Outdoor Footwear Simplified: Ready for the Beach or Backyard Barbeque

Whether it’s a trip down Class III rapids on the Colorado River or lighting up your backyard barbeque, Khombu has you covered when it comes to summer seasonal footwear. Read the full story here.

Tariffs: What Retailers Need to Know

By Jennifer Ernst Beaudry. Confused by what’s happening with tariffs? You’re not alone. Import duties have been top-of-mind for the footwear industry since May 5, when President Trump announced on Twitter that he would impose 25 percent duties on $325 billion worth of Chinese imports — including footwear, apparel and consumer electronics — that had been excluded from previous tariff announcements. Read the full story here.

Obituary
OOFOS’ Duncan Finigan

By Bob McGee. Footwear industry veteran and global head of marketing and brand management at Oofos Duncan Finigan passed away on May 26. She was 59. Finigan had worked tirelessly during her Oofos tenure to raise money for breast cancer research and created the firm’s Project Pink program. Read the full story here.

RIA KICK Show Sparks Greater Focus on Crucial Running Segment

By Bob McGee. In a no-frills, get-down-to-business event that some attendees said had similarities to the Grassroots Outdoor Alliance Connect Show for outdoor specialty retailers, 24 key running brands and 65 to 70 key U.S. running shop owners and staff convened in Denver last week on the eve of Global Running Day for the inaugural KICK Show from the Running Industry Association. Read the full story here.

In the News
Sporting Goods Sales Up, Famous Footwear Sales Dip, Lululemon tests new categories

By Bob McGee. May sales in U.S. sporting goods stores were up 1.1 percent from April’s level, but were down 2.4 percent year-over-year, according to monthly data reported by the U.S. Census Bureau. Overall year-over-year sales growth of 3.2 percent unadjusted in May had the National Retail Association proclaiming... Read the full story here.

FOOTWEAR INSIGHT INDEX

Segment’s INDEX is re-calculated due to Puma’s June 10th 10-for-1 stock split. Sixteen stocks rise and four fall for the week as the segment’s increase for the period is on par with the Dow’s 5.21 percent gain for the period. Wedbush suggests Foot Locker may be on the acquisition prowl in Europe with the investment house suggesting Titolo, Solebox and Consortium are among the potential targets. But Wedbush added there is no current information to suggest an imminent deal. Geox North American sales declined 9.8 percent. Brand intends to insource its North American ecommerce by month’s end and gradually introduce omnichannel services after first testing them out in Italy. Caleres, parent of Famous Footwear, reduced its full-year profit outlook earlier this month due to a soft marketplace. Genesco’s new CFO Mel Tucker is a former CFO for Bass Pro Shops and past SVP of finance for Petsmart. Adidas Originals teams with Sneakerstuff on an ‘80s campus sneaker, called 22 Little West, that pays homage to New York City. The $119 retail shoe drops June 22. Gary Woodland captured the U.S. Open wearing his signature Puma golf shoe with American flag and red, white & blue pattern, a collaboration with Fields of Honor. Woodland also wore Puma’s Voilition Collection — 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: 133

5.25%

Weekly Review

Company name
(Ticker Symbol)

% Change over week
Price 06/03/19 • Price 06/17/19

ASICS Corp.
7936.T

1.18%

$11.05 • $11.18

Boot Barn
BOOT

26.32%

$26.82 • $33.88

Crocs
CROX

8.32%

$19.47 • $17.85

Designer Brands
DBI

5.38%

$18.79 • $17.78

Genesco
GCO

3.33%

$46.29 • $44.75

Mizuno
8022.T

6.66%

$21.62 • $23.06

Puma
PMMAF

1.75%

$57.70 • $58.71

Shoe Carnival
SKVL

2.95%

$26.45 • $27.23

Steve Madden
SHOO

3.17%

$30.91 • $31.89

VF Corp.
VFC

5.09%

$82.96 • $87.18

Company name
(Ticker Symbol)

% Change over week
Price 06/03/19 • Price 06/17/19

Adidas
addyy

1.83%

$145.13 • $147.79

Caleres
CAL

0.83%

$19.39 • $19.55

Deckers
DECK

12.35%

$154.22 • $173.26

Foot Locker
FL

5.64%

$40.24 • $42.51

GEOX
GEO.MI

5.84%

$1.37 • $1.45

Nike
NKE

5.32%

$77.96 • $82.11

Rocky Brands
RCKY

5.74%

$24.22 • $25.61

Skechers
SKX

11.04%

$27.80 • $30.87

Under Armour
UAA

13.19%

$23.57 • $26.68

Wolverine
WWW

3.48%

$28.19 • $27.21

TOTAL
Week over week

5.25%

$884.15 • $930.55