U.K. Analyst Bullish On JD Sports’ U.S. Entry
In reporting results last week for the first half, JD Sports indicated the company was moving full-steam ahead with plans to test the JD flagship concept in the U.S. while leveraging its merchandising talents on Finish Line locations. One U.K. analyst, Jonathan Pritchard at Peel Hunt, believes JD Sports has strong potential to shake up U.S. sneaker retailing.
Icebreaker Opens New Touch Lab In Laval, Quebec
Original natural performance fiber apparel brand Icebreaker has announced the grand opening of a new touch lab in Laval, Quebec, and the much-anticipated reopening of three touch labs in Canada; Kitsilano, British Columbia; Montreal, Quebec and Park Royal, British Columbia.
PVH Corp. Sets Renewable Electricity Targets With RE100 Commitment
PVH Corp., one of the world’s largest apparel companies and owner of a family of brands that include Calvin Klein, Tommy Hilfiger, Van Heusen, Speedo, Warner’s and Izod, on Wednesday joined RE100, a global corporate leadership initiative moving businesses toward 100 percent renewable electricity.
Jackson State University Partners With Nike And BSN Sports
Jackson State Athletics, along with the JSU Foundation, has entered a five-year partnership with Nike through BSN Sports for sports apparel and equipment.
Deloitte Forecast: Retail Holiday Sales To Climb 5 To 5.6 Percent
Retail holiday sales are expected to increase a robust 5 to 5.6 percent over last year’s shopping season, according to Deloitte’s annual retail holiday sales forecast.
Rhode Island Town Passes Resolution Against Nike
The town council of North Smithfield in Rhode Island has voted to ban the town’s local departments from purchasing Nike products, according to the Providence Journal.
Farm to Feet Releases Second American Made Video
Farm to Feet released the company’s second film in its American Made video series which brings the personalities profiled on Farm to Feet’s packaging to life.
Swiftwick Adds Hafthor Bjornsson As Ambassador
Swiftwick, the performance sock company, signed Hafthor Bjornsson, the “World’s Strongest Man,” as the company’s newest elite athlete. Bjornsson joins the Swiftwick team as the brand launches the company’s first dedicated cross-training sock.
Academy Sports Reaches New Credit Card Partnership
Alliance Data Systems Corporation signed a new agreement to provide private label credit card services for Academy Sports + Outdoors.
Response to Walmart: Grassroots Outdoor Alliance Pens Open Letter
In an open letter to the outdoor industry, Grassroots Outdoor Alliance president, Rich Hill, addressed the organization’s concerns about the launch of Walmart’s premium outdoor platform. Hill called on the industry to “communicate openly, work together and resist the easy temptations of short-term thinking.”
Delta Apparel Increases Share Repurchase Authorization by $10 Million
Apparel, headwear and related accessories company Delta Apparel Inc. on Tuesday announced that the company’s board of directors has approved a new authorization under the company’s stock repurchase program for the repurchase of up to an additional $10 million of the company’s outstanding common stock, bringing the total amount authorized under the program to $60 million.
REI Co-Op To Open Store In Vernon Hills, IL
Outdoor co-op REI will be officially open for business in Vernon Hills, IL, on September 28 in the Mellody Farm shopping center at 901 North Milwaukee Avenue.
Fanatics Continues Global Expansion With New Tech Hub In India
Fanatics opened a new technology innovation center in Hyderabad, India.
Wall Street Sees Nike Boost From Colin Kaepernick Ad
Nike is increasingly seen getting a boost from the brand’s decision to include Colin Kaepernick in its “Just Do It” anniversary ad campaign, according to investor notes from Piper Jaffray and Canaccord Genuity. Canaccord conducted a poll that found consumers “overwhelmingly supportive” of the campaign.
Unifi Appoints Jorge Salazar As GM Of Unifi Central America
Unifi Inc. on Tuesday announced the appointment of Jorge Salazar as general manager of Unifi Central America Ltda. de CV (UCA).
