Headsweats, the manufacturer of apparel and headwear, has partnered with the Virtual Women’s Half Marathon Run Series as the exclusive headwear provider during its weekend of virtual events scheduled for October 17-18.
Month: August 2020
Winnebago Industries Raises Dividend By 9 Percent
Winnebago Industries Chief Financial Officer Bryan Hughes stated, “We are pleased to enhance the dividend for our shareholders, and this move reflects our strong financial position and our confidence in the trajectory of our company’s performance, despite the challenges presented by the COVID-19 pandemic.
Duluth Holdings To Open Store In Orland Park, IL
Duluth Trading Company announced the grand opening of its 64th store in Orland Park, IL.
Gregory And High Sierra See H1 Declines
Samsonite reported that its outdoor brands, Gregory and High Sierra both registered steep declines in sales in the first half ended June 30 with the decline in tourism affecting all the company’s brands.
Body Glove Announces Distribution Partnership With IFS
Body Glove, the California-based watersports brand, plans to strengthen and expand its global reach in partnership with Itochu Fashion System (IFS).
Bowling Green Extends Partnership With Nike, BSN Sports
The Bowling Green State University said it has extended its partnership with Nike through BSN Sports.
Retailers Launch Additional Promotions With Boys & Girls Clubs Of America
Boys & Girls Clubs of America launched its 2020 Back2School cause campaign in July and continued its momentum by announcing additional partnerships with retailers around the country, including Champion Athleticwear, Kids Foot Locker and Old Navy.
Nanamica To Open Store In New York City
Nanamica, the Japanese technical contemporary menswear label, is opening its first store outside Japan in the SoHo district of Manhattan.
JP Sportswear Relocates Headquarters To Lynwood, CA
JP Sportswear, a manufacturer of sportswear apparel, relocated its headquarters from Los Angeles to Lynwood, CA. The new manufacturing facility was engineered for quick-turn production of Made in USA apparel and accessories.
Anta Group Partners With World Wide Fund For Nature (WWF)
Anta Group and the World Wide Fund for Nature (WWF) held a signing ceremony at the Group’s operational headquarter in Xiamen, China announcing that Anta Group became WWF’s first international partner in China’s sportswear and textile industry.
TJX Battles Inventory Shortages, Sluggish In-Store Traffic
TJX Cos.’s second-quarter results missed Wall Street’s targets as the off-pricer’s sales slowed towards the quarter’s end after witnessing a strong response to store reopenings. Below-plan in-store inventories also impacted sales. Sales have continued to trend down double-digits so far in the third quarter, and inventories are expected to remain below plan for much of the second half.
Freemotion Fitness Appoints VP Strategic Accounts & Digital Content
Freemotion, a global fitness brand, has appointed Jeff Esswein as VP Strategic Accounts & Digital Content to push digital strategy and solutions to pivot the company from purely brick & mortar to offer a more digital, hybrid model of gym and health club operation.
Susquehanna Raises Price Target On Nike
Susquehanna International Group on Wednesday raised its price target on Nike Inc. to $150 from $130 due to the expected strong payback from its accelerated focus on digital and DTC as well as the benefits from restructuring efforts.
Bangers LP Hires Logistics And Warehousing Executive
Bangers LP, one of the country’s leading shooting sports distributors, welcomed Spencer Smoak to lead its logistics and warehousing team at its Birmingham, AL distribution center.
TJX’s Sales Slide 32 Percent In Q2
The TJX Companies Inc. reported a net loss of $214.2 million, or 18 cents a share, in the second quarter as sales fell 31.8 percent. Results were short of Wall Street’s target. The off-pricer predicted open-only comp store sales to decrease in the range of 10 percent to 20 percent in the third quarter.
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