Levi Strauss Q4 Earnings Top Wall Street Expectations
Levi Strauss reported earnings in the fiscal fourth quarter ended November 27 that exceeded Wall Street’s estimates while delivering an upbeat sales outlook for fiscal 2023.
PVH Names President Of Calvin Klein Americas
PVH Corp. hired Donald Kohler as president, Calvin Klein Americas. Over the past 15 years, Kohler has led the Americas region for global brands, including Burberry, Salvatore Ferragamo and Diesel.
Gymshark Cuts U.S. Staff; Plans To Cease Most U.S. Operations
Gymshark, the U.K.-based athleisure brand, plans to cease most of its U.S. operations at its headquarters in Denver, CO. The move will result in the layoff of approximately 65 employees.
ICSC: 2022 Holiday Sales Miss Forecasts On Promotional Pressures
The ICSC (International Council Of Shopping Centers) found holiday sales jumped 5.2 percent year over year, falling short of its forecast. ICSC’s survey found 43 percent of U.S. consumers indicating that low prices or good promotions were key motivating factors in where they shopped, significantly ahead of 33 percent in 2021.
Spyder Launches Rental Service
Spyder launched a skiwear rental program to improve the customer experience and in response to new consumption trends.
Dick’s SG Store Closes In Columbia, SC
Dick’s Sporting Good store in Columbia, SC, located at 10204 Two Notch Road, is permanently closed.
Fanatics To Operate Online Store For Six Nations Rugby
Fanatics signed a partnership agreement with Six Nations Rugby to operate its online store ahead of the 2023 rugby season. The live online site sells officially-licensed products, including jerseys, training, and lifestyle wear.
Nike To Open Store In Bethesda, MD; Georgetown Flagship Closes
Nike plans to open a store in Bethesda, MD, which follows the closure of its Georgetown flagship on January 20 over lease issues.
Adidas Signs Partnership With Inrange Golf
Adidas signed a partnership agreement with Inrange Golf, the London-based ball tracking company, to produce the staff, player and customer kit collaborations.
Outdoor Recreation Roundtable Releases 2022 Annual Report
The Outdoor Recreation Roundtable released its 2022 Annual Report outlining what it said was an “incredible year for the record-breaking $862 billion outdoor recreation industry.”
Fitness Chains Dominate Entrepreneur’s Franchise 500 Ranking
Planet Fitness, F45 Training, Crunch, Orangetheory Fitness, and Anytime Fitness were the top-ranked fitness chains, among others, that landed on Entrepreneur’s Franchise 500 rankings for 2023.
Dunham’s Sports Set To Re-Open Storefront In Escanaba
Dunham’s Sports is scheduled to reopen its remodeled store in Escanaba, MI on January 27 with over three times the floor space as the previous footprint.
The Athlete’s Foot Expands Marketing Team
The Athlete’s Foot promoted Darius Billings to VP of marketing and community engagement for its Strategic African American Retail Track Program and Cassidy Dansberry to marketing manager, effective immediately.
Dickies Adds Four To Marketing Team, One Hire To Direct To Consumer Effort
Dickies added new hires to its marketing and consumer direct teams.
Report: Hanesbrands Undergoes Layoffs
Hanesbrands confirmed to the Triad Business Journal that it had laid off an unidentified number of employees at its headquarters in Winston-Salem, NC as it navigates a “very challenging environment.”
