Top 5 Takeaways From Outdoor Retailer Summer Market – Day 2
Find out the top news and business trends from Day 2 of the OR show in Salt Lake City.
Aisle Talk, Week of August 1
The biggest promotions, acquisitions and strategies to hit the active lifestyle industry this week.
Zumiez’s Comps Dip In July
Zumiez Inc. reported same-store sales slid 2.9 percent in July compared to a sales decrease of 7.6 percent in the year-ago period.
Adidas Q2 Boosted by U.S. Momentum
Adidas AG reported sales grew 25.6 percent in North America in the second quarter, accelerating from a gain of 21.6 percent in the first quarter.
Sport Chek’s Comps Gain 7.2 percent in Q2
Canadian Tire Corporation, Limited reported second-quarter earnings rose 8.1 percent on a 2.9 percent sales gain.
Alchemy Equipment Appoints North American Distributor
Alchemy Equipment, a New Zealand-based urban/outdoor clothing and luggage company, has joined forces with Partners Growth in Toronto, Ontario for distribution and representation in the U.S. and Canada.
Groupon Targets Women with Private Label Activewear
Groupon has expanded its fitness-related deals business to include a new private-label women’s activewear clothing line, Form+Focus.
Adidas Group’s Q2 Led By Western Europe and North America
Adidas Group strong second-quarter results were led by a 25 percent gain on a currency-neutral basis by the Adidas brand. Top-line growth accelerated in Western Europe, up 29 percent; and North America, up 26 percent.
Nominate Your Innovators of the Year
This fall, SGB will spotlight the people, products and business strategies that push the active lifestyle industry forward with the first SGB Innovators of the Year Awards.
Top 5 Takeaways From Outdoor Retailer Summer Market – Day 1
Day 1 at OR was bustling. From our perspective, show organizers either slimmed down the width of the hallways, or more people than usual were in attendance.
Crocs’ Shares Crash On Reduced Outlook
Shares of Crocs Inc. fell 23.3 percent, to $8.44 on Aug. 3, after the cushy shoe maker missed top and bottom line expectations for the second quarter and lowered its guidance for the year.
Nike To Halt Golf Equipment Manufacturing
Nike will exit the business of manufacturing golf clubs, balls and bags in favor of concentrating on golf footwear and apparel.
Surfing to be Included in Tokyo 2020 Olympic Games
The International Olympic Committee (IOC) formally included surfing as a gold medal sport in the Sports Programme for the Tokyo 2020 Summer Olympic Games.
Academy Sports Appoints Chief Merchandising Officer
Academy, Ltd., doing business as Academy Sports + Outdoors, named Michelle J. Gloeckler executive vice president, chief merchandising officer and president of Academy International Limited, its global sourcing entity.
Urban Outfitters Erases Activewear Brand, Launches Adidas Line
Almost a year after Urban Outfitters pulled its fitness & outdoors brand, the lifestyle company turns to Adidas for an activewear boost.
