Bass Pro Cancels Plan For Palm Beach County Location
Bass Pro Shops has canceled plans for a store in Palm Beach County, Florida, according to the Palm Beach Post.
Adidas Becomes Kit Sponsor For Wolverhampton
Adidas will replace Puma as the kit sponsor for the Premier League-bound Wolverhampton Wanderer team.
Adidas Partners With Grambling State
Grambling State University Athletics and Adidas announced a multi-year partnership. Adidas will become the official athletic footwear, apparel and accessory brand of the Tigers through the 2022-2023 season.
Zumiez Sees Modest April Comp Gain
Zumiez Inc. announced that total net sales for the four-week period ended May 5, 2018 increased 3.7 percent to $58.6 million, compared to $56.5 million for the four-week period ended April 29, 2017.
Gaiam, And1 And Avia Gaining Traction For Sequential Brands In Q1
Sequential Brands reported a loss on flattish sales in the first quarter, but results were slightly above expectations and the company’s three key active brands, Gaiam, And1 and Avia, are all seeing momentum at retail. Revo, the sunglass brand, was divested during the quarter.
Europe Boosts Safilo Group’s Q1 Revenue
Safilo Group S.p.A. reported first-quarter gross profit reached €127.5 million, up 9.1 percent compared to €116.8 million in the first quarter of 2017.
Sequential Brands Shows Q1 Loss
Sequential Brands Group, the parent of Gaiam, And1 and Avia, reported a net loss of $2.3 million, or 4 cents, in the first quarter.
Asics Americas Q1 Sales Drop 27 Percent
Asics Corp.’s sales in the American region fell 26.6 percent in the first quarter on a reported basis and 23.3 percent on a currency-neutral basis, to ¥21.9 billion ($200 mm). The decline was attributed to “weak sales in the U.S.”
Asics’ Q1 Earnings Drop On Weakness In The Americas And Japan
Asics reported net earnings fell 43.2 percent in the first quarter ended March 31. Sales were off 7.4 percent and down 9.4 percent on a currency-neutral basis.
Adidas Signs Eastern Kentucky University
Eastern Kentucky University athletics and Adidas announced a new multi-year partnership. Adidas becomes the official athletic footwear, apparel and accessory brand of the Colonels.
TSC Apparel Acquires Thinc Actionwear
TSC Apparel has purchased Portland, OR-based Thinc Actionwear.
Five More Senior Managers Exit Nike
Five more senior managers at Nike Inc., Steve Lesnard, Helen Kim, Simon Pestridge, Tommy Kain and Ibrahem Hasan, have left the company, according to a report in the New York Times. The exits follow an internal investigation into workplace behavior that has led to several other executive departures.
Ammunition, Apparel Carry Clarus To Robust Q1
Even though Clarus Corp. missed analysts’ estimates on income in the first quarter, the parent company of Black Diamond, Sierra Bullets and Pieps exceeded revenue expectations behind the strength in ammunition and apparel.
Fanatics Opens Germany Office
The new office in Hamburg is designed to create a significantly enhanced merchandise offering for leagues, teams, fans and retailers throughout Central Europe.
ISA TanTec’s Wins Italian Tannery Scored LWG Silver Award
After a recent audit by the Leather Working Group (LWG), Scamosceria del Brenta srl (Scabrenta), the new member of international tanning group ISA TanTec has obtained a Silver award for the company’s Italian based tannery.
