Plainview Shoes

In a macro sense, the U.S. economy is quite strong going into the Holiday season. Anecdotally, some buyers and brands have discussed a skittish environment in October. Most expect (or hope) the customer has some pre-election jitters that should clear up after Tuesday with the Holidays coming. Crocs stock has been down double digits since reporting, hampered by Hey Dude remaining in a malaise and projecting a weaker '25 in the American market for the Crocs brand itself. In releases, we are seeing more of the no-sew wrap around look from Nike with increased colorways of its LeBron TR 1 and Zoom Vomero 5 Roam. Puma has more colorways coming in its partnership with A$AP Rocky which continue to lean on the growing Thin Profile aesthetic. Read more in the link below: https://lnkd.in/gBuXszQn

LVMH earnings show the luxury segment remains challenged after years of comfortable growth. The latest Import/Export report continues the narrative of nearly flat movement in prices on incoming product. In releases, the New Balance 740 has a slew of new colorways dropping soon. Nike basketball has a ton of Y2K visual tech coming as well as casual materlization on its signature shoes. Read More below: https://lnkd.in/gBuXszQn

Nike's earnings didn't paint a beautiful picture but investors are overlooking that with optimism regarding the change at the top to Elliott Hill. The company has also demonstrated it is becoming stronger in running and is holding up competitively in the Y2K subcategory of sneakers. In releases, some images of a sample of the Anthony Edwards 2 for Adidas were leaked, showing a bold update to a shoe that performed in its first year. Clarks has an interesting iteration of the Wallabee that looks like it was put on a Hoka outsole showing the Hoka look has started to reach more casual brands. Read more at the link below: https://lnkd.in/gBuXszQn

Plainview Shoes is very excited to announce the acquisition of Rebecca Allen Inc. The Rebecca Allen and Fresh Pavement brands have a vision to craft footwear that blends functionality with style. Their aim is to inspire confidence through quality and thoughtful design. Inclusivity has been an important mission for both Rebecca Allen and Fresh Pavement; they started with 4 shades of nude with the Rebecca Allen collection and have evolved from there. We have retained the talents of Rebecca and Carly to continue to provide shoes for all women.  Plainview is helping carry out the vision on a grander scale. We thank Jennifer Estabrook for the introduction to Rebecca and Carly and help making this deal a reality. We are all excited to take these brands into 2025 with a fresh vision and more resources!

While Q2 sales were slightly down for both Caleres and DBI, both indicated that August sales comped in robustly positive territory. Inflation has returned to tame levels, giving consumers more certainty going into the holiday season. In releases, Nike has a new style called the C1TY that is worth keeping an eye on. Puma has a collab dropping next week with A$AP Rocky that is on a lower profile sole. Read more at the link below: https://lnkd.in/gBuXszQn

Dick's Sporting Goods earnings were superb showing continued success for the best of the major sporting goods retailers. In releases, Nike did an extensive collab with Eastside Golf. New Balance spiced up its 550 silhouette by doing a 3 colorway spread with its mini logo featured.  Read more in our Newsletter, link below: https://lnkd.in/gBuXszQn

The restructuring at Foot Locker is starting to show in better results, while profitability is still left wanting, both margins and topline sales show improvement. In releases, for Adidas, the next Anthony Edwards shoe (AE 2) was leaked. Puma's Mostro is making a come back while the brand also created a slide inspired by its LaMelo Ball shoes. Read more in our weekly newsletter: https://lnkd.in/gBuXszQn

Both TJX and Ross displayed strength in Q2 while keeping conservative 2nd half forecasts. Both noted no trade-down activity and said inventory availability from brands remains strong. For releases, Nike is now doing a variant of the Air Pegasus dubbed the "Wave" another style with strong Y2K roots. New Balance did another collab with Aimé Leon Dore, this time on its 990v4 platform. Read more in our weekly newsletter: https://lnkd.in/gBuXszQn

Walmart's earnings show a resilient American consumer that is keeping the macro environment positive. The CPI came in below 3.0%, surging investor hopes that the Fed will start lowering interest rates next month. In releases, Adidas had a snazzy Made In Italy version of the Samba, covered in snakeskin. In time for college football season, Nike is doing a home-and-away Colorado-themed revival of its Deion Sanders Air Max. 

Luxury continues to be challenged while VFC continues to work on its turnaround plan. In releases, Nike continues to add the Safari colorway to more styles and more colorways of the Gazelle have recently released.