Zalando’s Revenues Climb 27.4 Percent In Q2
Zalando, a leading online platform for fashion and lifestyle in Europe, reported revenues rose 27.4 percent in the second quarter to €2.03 billion.
Delta Apparel Returns To Growth In July
Delta Apparel Inc. reported net sales in July grew over 10 percent compared to the prior year period, with growth in each of its business units. The Delta Group and Salt Life segments reported year-over-year growth of 9 percent and 23 percent, respectively, in July.
Canada Goose’s Q1 Sales Plunge
Canada Goose Inc. reported sales collapsed 63.3 percent in its seasonally-slow first quarter ended June 28 due to the impact of store closings due to COVID-19 and slow reopening phases. The loss widened in the period. The company now expects a decline in wholesale segment sales in its fiscal year.
NBA Names CEO Of NBA Africa
The National Basketball Association (NBA) today named Victor Williams CEO of NBA Africa effective August 17, 2020. His appointment was announced by NBA Commissioner Adam Silver.
Swiss Running Brand ‘On’ Announces First Professional Run Club
On, the Swiss running footwear brand, announced the debut of its first professional run crew, the On Athletics Club (OAC). Coached by Dathan Ritzenhein. The inaugural roster includes Joe Klecker, Alicia Monson, Leah Falland (O’Connor), Emily Oren, Alicja Konieczek, Carlos Villarreal, Oliver Hoare, and George Beamish.
Tasc Performance Appoints EVP Of Sales/Brand Development
Tasc Performance appointed Dave Leveille as EVP of sales/brand development. He was most recently president of the Lanier Sportswear division at Oxford Industries.
Johnny Morris Buys Dogpatch USA, Plans Nature-Based Attraction
Dogpatch USA, a derelict theme park in northern Arkansas, has been bought by Bass Pro Shops founder and conservationist, Johnny Morris.
Amazon Exploring Turning Penney, Sears Stores Into Fulfillment Centers
Amazon is reportedly in talks with Simon Property Group to convert some vacant Sears and J.C. Penney locations into Amazon fulfillment centers, according to a report from the Wall Street Journal.
Foot Locker Sees 18 Percent Q2 Same-Store Gain
Foot Locker Inc. reported same-store sales jumped approximately 18 percent for the second quarter. Adjusted earnings are expected to be up about 24 percent but reported earnings are expected to be down due to charges to cover the wind-down of Runners Point, an Eastbay restructuring, and costs related to the national protests over race.
Athleta Appoints Interim CMO
Athleta appointed Tom Herbst, formerly at The North Face, as interim chief marketing officer.
OBIT: Woolworth’s Harold Sells
Harold Sells, a former Woolworth CEO who is credited with helping launch the Foot Locker chain in 1974, has passed away at the age of 92.
Ultra Running To Close South End location In Charlotte
Ultra Running Company announced the closing of its location in 110 West Blvd in the South End neighborhood of Charlotte, NC. Ultra Running’s original location at Providence and Providence in Myers Park will remain open.
Retail Ecommerce Ventures Acquires Modell’s Trademarks For $3.7 Million
Retail Ecommerce Ventures, led by digital entrepreneurs Dr. Alex Mehr and Tai Lopez, has acquired the intellectual property and other assets related to its e-commerce business, for $3.7 million.
Mizuno’s Q1 Revenues Slide 32 Percent
Mizuno Corp. reported a loss in the first quarter ended June 30 as sales declined 32.0 percent.
WFSGI July Survey Finds Some Optimism Amid Pandemic
The July Edition of the COVID-19 Impact Survey from the World Federation of the Sporting Goods Industry (WFSGI) finds that COVID-19 is forecast to impact 86 percent of survey respondent’s business, slightly more compared to last month. But the survey indicated some optimism going forward.
