1.45%
Wednesday, October 16, 2019
Volume 2, Issue No. 19

JackRabbit Broadens Reach in Northeast with Olympia Sports Deal

CriticalPoint Capital (CPC)-controlled run retailer JackRabbit last week acquired certain assets and liabilities of the 45-year-old, family-owned Olympia Sports chain for an undisclosed sum. The deal includes the Olympia’s online presence and the Olympia Sports brand. Read the full story.

Marathon Milestones Are Notches on Nike’s Belt

Nike made headlines this week with two major marathon feats run in Swoosh shoes. On Oct. 12, Eliud Kipchoge broke the mythologized two-hour marathon barrier with a time of 1:59:40 in a specially-tailored event in Vienna, Austria on Saturday wearing... Read the full story.

Gearing Up for Holiday 2019: Brands Look For an Edge

With fewer than 80 days until Christmas and 85 days until 2020, the upcoming holiday season took center stage for athletic and outdoor brands last week via the release of semi-annual research and a first-ever seasonal fashion show from Dick’s Sporting Goods in New York City’s Chelsea district.  Read the full story.

In the Lab with Boa

Boa Technology, makers of the Boa Fit System, has opened a Performance Fit Lab at its global headquarters in Denver, CO. The 2,700 square foot Performance Fit Lab is equipped with tools for measuring biomechanical data, including... Read the full story.

Industry Reacts to Potential Trade War Deal

The Trump administration announced last Friday that it hoped to sign an initial trade deal in the next few weeks, an indication that the escalating trade war between the two countries could be cooling. Read the full story.

In The News
Rime, Nester Hosiery, OS1st

Brooklyn sneaker shop Rime will close its doors later this year, owner Susan Boyle announced on Instagram Oct. 6.“The sneaker game has changed, things have changed, the culture has changed, and it’s time for me to change with the times,” Read the full story.

Wednesday, October 2, 2019
Volume 2, Issue No. 18

The Six Essential Ways to Drive Amazing Customer Service In-Store

For brick-and-mortar shops in a competitive market, top-shelf customer service is the ultimate asset. So to find out how to make it happen, we went to the best of the best. Read their top six tips here. And read more of our Gold Medal Service Awards coverage in our latest issue here.

ASICS Puts its Focus on Performance at a Price with Glideride

The new Glideride running shoe from ASICS launched at running specialty retail as well as in ASICS stores and on the brand’s website last week. Read the full story.

Nike’s Future Strategy for North American Market

Digital and data-mining, along with tighter bonds with its narrowed cast of strategic and differentiated retail partners, are the keys to the Swoosh’s long-term strategy for North America.  Read the full story.

How Retailers Can Win this Holiday Season

Despite an upcoming Holiday 2019 season six days shorter than last year, early forecasts project stronger growth than in 2018. This suggests that recession fears, as well as the ongoing U.S.-China trade war... Read the full story.

In The News
Skechers, Sportsman’s Warehouse, Shoe Carnival, Nordstrom, Academy

Los Angeles Dodgers ace Clayton Kershaw has signed on with Skechers. The pitcher, who will take the mound for the Dodgers in the Major League Baseball playoffs this week, recently debuted a custom exclusive Skechers baseball cleat. Read the full story.

Wednesday, August 14, 2019
GMSA 2019 Special Edition

The 2019 Gold Medal Service Award Winners Honored at FN Platform

Service is the alpha and the omega for independent shoe shops, and yesterday Footwear Insight recognized the stores that elevate it to an art form at the fifth Gold Medal Service Awards breakfast, held at the FN Platform show in Las Vegas. This year’s list included 78 of the footwear world’s most influential shops — as well as the largest number of first-time inductees ever.
Read the full story.

2019 Gold Medal Service Award Sponsors

FOOTWEAR INSIGHT INDEX

Segment outperforms the Dow over the period as 14 out of 20 stocks gain led by Crocs, which moved to 7 from 13 as a preferred brand among the teen set in Piper Jaffray’s latest “Taking Stock With Teens” survey. Nike, which has a patent infringement suit pending against rival Skechers over a dozen patents tied the VaporMax and Air Max 270, gained share as the top apparel and footwear brand in Piper Jaffray’s Fall 2019 survey of 9,500 teens. Boot Barn’s growth is focused on opening new stores (including 24 in 2020), investing in new technology and improving customer service levels. Caleres reports that 21 percent of its sales are now generated by e-commerce. The firm’s Vionic and Ryka brands are part of a “Forward Movement” strategy focused on people’s total wellness and well-being. The Famous Footwear parent’s three-year goals, as outlined in a recent investor conference, are focused on broadening the reach of its portfolio, strengthening its consumer connections and accelerating innovation. VF Corp’s Vans retained its 20 percent market share among teens in the Piper Jaffray survey. Under Armour moved to the 9th preferred brand among all teens versus 12th in Spring 2019. Puma, which has struck a multiyear sponsorship contract with e-sports brand Cloud9 for an apparel collection, is teaming with Amazon on a new athleisure label, Care Of, that will begin U.S. distribution for men and women in November after initially launching in Europe. The Cat is responsible for all design; Amazon for marketing and distribution. Adidas has teamed with Snapchat and Dick’s Sporting Goods, according to Business Insider, on the first sponsored, shoppable mobile game, “Baseball’s Next Level.” — 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: 143

1.45%

Weekly Review

Company name
(Ticker Symbol)

% Change over week
Price 09/30/19 • Price 10/14/19

ASICS Corp.
7936.T

4.57%

$17.07 • $16.29

Boot Barn
BOOT

5.62%

$34.90 • $36.86

Crocs
CROX

13.90%

$27.76 • $31.62

Designer Brands
DBI

2.57%

$17.12 • $16.68

Genesco
GCO

2.37%

$40.02 • $39.07

Mizuno
8022.T

2.01%

$25.90 • $26.42

Puma
PMMAF

1.27%

$78.70 • $77.70

Shoe Carnival
SKVL

2.68%

$32.41 • $33.28

Steve Madden
SHOO

0.87%

$35.79 • $36.10

VF Corp.
VFC

2.91%

$88.99 • $91.58

Company name
(Ticker Symbol)

% Change over week
Price 09/30/19 • Price 10/14/19

Adidas
addyy

1.58%

$155.70 • $158.16

Caleres
CAL

8.59%

$23.41 • $21.40

Deckers
DECK

4.21%

$147.36 • $153.56

Foot Locker
FL

1.88%

$43.16 • $43.97

GEOX
GEO.MI

5.71%

$1.40 • $1.32

Nike
NKE

0.97%

$93.92 • $94.83

Rocky Brands
RCKY

3.49%

$33.23 • $32.07

Skechers
SKX

1.69%

$37.35 • $36.72

Under Armour
UAA

2.31%

$19.94 • $20.40

Wolverine
WWW

1.31%

$28.26 • $28.63

TOTAL
Week over week

1.45%

$982.39 • $996.66