Asics North America Sees Sales Increase In Q2
The second quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive regional growth year-over-year and increased traffic to both online e-commerce and retail channels. This marks the second consecutive quarter of growth for Asics North America.
Columbia’s Tim Boyle Speaks Out Against Tariffs
In a statement, Tim Boyle, president and CEO of Columbia Sportswear Co., decried President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports. He said in part, “We’ve been fortunate to have a strong economy for the past decade. Let’s not tank the economy with the misguided conception that trade wars are fun.”
Augusta Sportswear Acquires Pacific Headwear
Augusta Sportswear, a leader in sports apparel, uniforms and accessories, announced that it has acquired Pacific Headwear, a privately held company based in Coburg, OR. The terms of the agreement were not announced.
Trump Says U.S. Will Impose 10 Percent Tariffs On Another $300 Billion Of Chinese Goods
Industry and retail trade organizations reacted quickly to criticize President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports, taking effect on Sept. 1, 2019. These tariffs will target “List 4” products – products including footwear and apparel that have not previously been subject to tariff increases.
Gildan Activewear Returns To Growth In Q2
Gildan Activewear Inc. reported earnings on an adjusted basis grew 3.1 percent in the second quarter as sales increasd 5 percent. The guidance was reaffirmed for the year.
Dick’s Launches DSG Brand
Dick’s Sporting Goods announced the launch of DSG, its newest athletic gear and apparel line that offers athletes an expanded assortment of styles and sizes for women, men and youth.
HanesBrands Submits Data For 2019 CDP Climate Change Report
HanesBrands has voluntarily disclosed its carbon emissions and related information for the CDP 2019 Climate Change Report for the 10th year. The disclosure shows progress toward the company’s 2020 goals for use of renewable energy, total energy use and carbon emissions.
Nike And Jordan To Outfit Basketball Africa League
The Basketball Africa League (BAL) announced Nike and Jordan Brand will be the exclusive outfitter of the new professional league featuring 12 club teams from across Africa and scheduled to begin play in March 2020.
HanesBrands’ Q2 Boosted By Double-Digit Activewear Growth
HanesBrands delivered strong Q2 results at the high end of guidance for net sales, operating profit and EPS. Total sales were up 3 percent, led by gains of more than 50 percent at the Champion brand.
Delta Apparel’s Q3 Boosted By DTG2Go And Salt Life
Delta Apparel Inc. reported earnings improved 6.5 percent in the fiscal third quarter ended June 29 as sales advanced 6.3 percent. The sales gains were led by the DTG2Go digital print business and the Salt Life lifestyle brand.
Puma Lifts Full-Year Outlook On Robust Q2 Revenue Gains
Puma slightly raised its full-year guidance after reporting second0-quarter earnings rose 59.8 percent. Revenues increased 15.7 percent on a currency-adjusted basis. The gains were led by the Asia-Pacific region, up 21.6 percent, closely followed behind by the Americas, 19.7 percent. EMEA sales grew 8.4 percent currency neutral.
Athleta Signs First Sponsored Athlete
Athleta and Allyson Felix are joining forces to empower women and girls through sports. In a wide-reaching partnership, Allyson, one of the most decorated track and field athletes in U.S. history, will become Athleta’s first-ever sponsored athlete.
Adidas To Sponsor Boca Juniors
Adidas will replace Nike as the kit sponsor of Boca Juniors beginning in 2020 in a ten-year deal. Nike has been with the Argentina football club for 23 years.
Big 5’s Q2 Earnings Top Guidance
Big 5 Sporting Goods Corp. notched a profit against a loss in the second quarter ended June 30 as same-store sales rose for the third consecutive quarter. Earnings arrived above guidance. Increased traffic in California in June in advance of new ammunition legislation that took effect in July boosted sales in the period.
Jofit Partners With Team USA For 2019 Solheim Cup
Jofit, the maker of women’s golf, tennis and fitness apparel, has signed on as the official apparel sponsor of Team USA in the 2019 Solheim Cup.
