Shares of DSW Inc. rose $1,88, or 8.1 percent, to $25.01 Tuesday after the off-price footwear chain posted its second consecutive quarter of strong comp and EPS growth. Earnings easily topped Wall Street’s targets and DSW lifted its annual guidance for second consecutive quarter and predicted it would rack up its highest annual EPS since 2013.
Month: December 2018
SGB Executive Q&A: Wendy Yang Of Deckers’ Performance Lifestyle Brands
Wendy Yang, president of Deckers Brands’ performance lifestyle brands (Hoka One One, Sanuk and Teva), spoke with SGB recently about what’s driving success at Hoka One One, that brand’s channel strategy and the importance of all three brands’ recent partnership with Camber Outdoors.
Hala Gear Opens Warehouse in Auckland, NZ
Steamboat Springs, CO-based SUP maker Hala Gear has opened a warehouse in Auckland, New Zealand, and now ships direct to customers on the North and South Islands.
2019 Colorado Classic Becomes Women’s-Only Pro Cycling Race
The 2019 Colorado Classic will become the only women’s stand-alone stage race in the Western Hemisphere on the Union Cycliste Internationale (UCI) calendar and USA Cycling’s Pro Road Tour, organizers of the race announced Tuesday, while raising the bar for pro women’s cycling around the world.
Stio To Open Store In Park City
Stio, the mountain lifestyle brand based in Jackson Hole, WY, announced the opening of its next Mountain Studio retail store in Park City, UT. The brand has leased a historic Main Street building and plans to open in mid-February.
Osprey Welcomes Brian Mecham As Senior Director Of Sales
Osprey announced the hiring of Brian Mecham as senior director of sales. Most recently, Mecham served as VP of Sales for Spyder Active Sports.
The Buckle Sets Special Dividend, Hires General Counsel
The Buckle’s board authorized a $1.00 per share special cash dividend. The company also announced that Brady M. Fritz has been appointed to the position of general counsel and corporate secretary.
Eastbay Unveils Lookbook Cover Featuring Nike Women’s Basketball Stars
Eastbay unveiled its December lookbook cover and women’s holiday campaign, featuring five top WNBA stars :Sue Bird, Elena Delle Donne, Jewell Loyd, Breanna Stuart and Diana Taurasi.
REI Co-op Expands Gear Rental Program
REI said that starting in December, outdoor enthusiasts from kids to adults can rent snowshoes in 70 REI stores around the country.The co-op will continue to expand its rental program with new products and additional locations throughout 2019.
Outdoor Industry Leaders Commit To Outdoor Retailer In November For 2019
The Outdoor Industry Association sent out an email on Tuesday as a response to the mixed reviews over last month’s slow Outdoor Retailer Winter Market.
VF Corp. Appoints Stefano Saccone To Vans’ EMEA Post
VF Corp. on Tuesday announced that Stefano Saccone has been appointed to the position of vice president, general manager of Vans, EMEA. Saccone will lead the brand and its business across the EMEA region beginning April 1, 2019.
DSW Smashes Street Targets In Q3
DSW Inc. lifted its annual guidance after reporting adjusted earnings in the third quarter handily topped Wall Streets’ targets on a 7.3 percent same-store gain,. The footwear off-pricer also said it expects the Camuto Group acquisition to contribute pro forma double-digit EPS accretion by 2020.
IOC Takes Leadership Role In The UN Sports For Climate Action Initiative
As world leaders at the UN Climate Change Summit in Poland (COP24) prepare to implement the Paris Agreement to limit the rise of global temperatures to 1.5°C above pre-industrial levels, the International Olympic Committee (IOC) has taken on a leadership role in the new UN Sports for Climate Action Initiative, which aims to drive climate action across the sports community.
Imports Set Another Record In October
Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from China, according to the monthly Global Port Tracker report.
ACSM Survey: Wearable Technology Top Fitness Trend For 2019
According to the 13th annual Fitness Trends survey from the American College of Sports Medicine (ACSM), wearable technology is forecast to stand out as next year’s most popular trend, climbing from 3 the prior year. Group Training and High-Intensity Interval Training (HIIT) are expected to remain in high demand. Programs seeing notable expansion included Fitness Programs for Older Adults, Mobile Exercise Apps and Workplace Well-Being Programs
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