Levi Strauss Settles Lawsuit Against Brunello Cucinelli Over Trademarked Tab
Filed in January 2024, Levi Strauss accused the Italian luxury fashion brand of infringing its trademarked rectangular tab.
JD Sports Opens First Store in the Middle East
The occasion follows the franchise agreement with GMG, announced in July 2023, and a testament to the brand’s global reach and appeal.
Wolverine Worldwide Names New CFO
Taryn Miller was appointed as the company’s chief financial officer. She will succeed Michael D. Stornant, who is retiring after nearly 30 years with the company.
Perry Ellis International Partners with Miami Dolphins
“We aim to capture the essence of confidence and versatility that defines the sports community while offering a fresh take on athlete-inspired fashion.” —Oscar Feldenkreis, President and CEO, Perry Ellis International, Inc.
Puma Returns To Growth In The Americas In Q1
Puma’s sales in the Americas region showed positive sales growth in the first quarter on a currency-neutral basis for the first time in four quarters but reported sales and earnings declined due to unfavorable currency effects and challenging year-ago comparisons. The results were in line with company expectations, and full-year guidance was maintained.
New Era Names Creative Director
Dao-Yi Chow was tapped as creative director and vice president, overseeing the design New Era’s first apparel line—Brand New Era, as well as merchandising and marketing.
Report: Down 98 Percent, Peloton May be Attractive at the Right Price
PTON shares surged in the mid-teens on Tuesday, May 7, after CNBC reported early that several private equity firms had considered a buyout of the connected fitness company.
Life Time and Lululemon Announce New Apparel Partnership
Lululemon becomes an official apparel partner of Life Time Tennis and Pickleball.
Report: First Quarter Results Show Economy is Slowing but “Remains Resilient”
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, according to recent comments from National Retail Federation (NRF) Chief Economist Jack Kleinhenz.
Surf Expo and OR Parent Posts Solid Q1 with Sales and Profits Both Up
The owner and manager of the Outdoor Retailer and Surf Expo B2B trade shows in the active lifestyle market, and other large shows and conferences, posted revenues of $133.4 million in Q1 2024, an increase of 9.1 percent year-over-year.
Titleist Drives Double-Digit Q1 Growth in U.S. Market for Parent Company
The U.S. market set the pace for the quarter with a 13 percent increase in sales year-over-year. Net sales in regions outside the U.S. decreased 8.5 percent (-6.5 percent CC), due primarily to lower sales in Korea, EMEA and Japan.
Nordstrom, Inc. to Open New Rack Location in Minnesota
The new 30,000-square-foot Nordstrom Rack store will be in Apple Valley, MN, and it is scheduled to open in spring 2025 in the Fischer Marketplace.
EXEC: Black Diamond Returns to U.S. Growth in Q1, Posting DD Gain as Inventory Clears
By fall of 2025, all of our apparel and packs will be PFAS free, but there will likely be some residual PFAS inventory to clear in the first half of next year. BDE also made to exit the ski bindings business in the first quarter.
Kent Outdoors Hires Chief Supply Chain Officer
Dave D’Angelo brings over 25 years of experience in manufacturing, global operations and supply chain optimization to the company.
Report: Golf Apparel Sales in Specialty Market Fall in Mid-Teens in Q1
The green grass sub-channel, which accounts for the bulk of golf apparel sales, is almost 19 percent down for the first quarter, while off-course specialty stores fell by 6 percent.
