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Nike Ramps Up Embrace of Wholesale Channel

Retail TouchPoints

Renewed Focus on Wholesale Nike CEO Elliott Hill. Photo courtesy Nike) Hill emphasized on the earnings call that improving and expanding sales in the wholesale channel is a key Nike initiative under his watch. Wholesale revenue totaled $25.9 Nike Full-Year Financial Results Full-year sales totaled $46.3

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Liberated Brands Declares Bankruptcy, Begins Closing Sales at All 122 Stores

Retail TouchPoints

Liberated Brands , which manages operations for multiple well-known surf and outdoor brands, filed for bankruptcy in the U.S. The brands themselves, including RVCA, Volcom and Billabong , are still owned by Authentic Brands Group , and they will be moving to new wholesale licensees in North America.

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The Evolution of Journeys Under New President Andy Gray

Retail TouchPoints

This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO). Journeys , one of the largest footwear retailers in the country with over 1,000 stores in North America, has been one of the most important large wholesale accounts for footwear brands for decade. 2, 2024, when comparable sales jumped 11%.

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KMD Brands reports flat sales despite DTC growth in first half

Inside Retail

Meanwhile, wholesale sales are taking longer to recover, as wholesale accounts remain cautious on pre-season commitments in a challenging market. We are seeing short-term gross margin pressure for all brands in a highly competitive global market, said outgoing Group CEO Michael Daly. Sales were up 0.1 per cent at Oboz.

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Vuori Names New Global President

Retail TouchPoints

This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO) Vuori has named Ashley Kechter as Global President with full brand and P&L leadership across all markets and channels, according to a company post on LinkedIn.

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Vans a Hot Topic of VF Corp. Earnings Call As Turnaround Questioned

Retail TouchPoints

This article first appeared in our sister publication Shop Eat Surf Outdoor When it comes to revenue and marketplace might, the Vans of today remains a far cry from the Vans of just a few years ago. Vans annual revenue for fiscal 2025 ending March 31 fell 16% in reported currency to $2.3 billion , parent company VF Corp.

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Frasers acquires South African sporting goods leader Holdsport

Retail Gazette

“Frasers is a natural home for Holdsport, given their passion for sport, outdoor, brands and their focus on customer service and innovation. The company generated over £130m in sales for the year ending February 2024 and operates 88 stores across South Africa and Namibia.