Foot Locker’s Q4 Comps Slide 3.7 Percent
Foot Locker Inc. reported that earnings, excluding charges and adjustments to a calendar shift, were down 8 percent in the fourth quarter as same-store sales declined 3.7 percent. The sneaker powerhouse warned that conditions would remain challenging in the first quarter but predicted comps would turn positive by the middle of 2018.
Fanatics And New York Yankees’ Giancarlo Stanton Announce Exclusive Memorabilia and Collectibles Partnership
Fanatics announced an exclusive partnership with Giancarlo Stanton, whom will join its roster of exclusive athletes housed under the company’s memorabilia division, Fanatics Authentic.
Asics To Become Global Development Partner Of The International Triathlon Union
Asics announced that it has concluded a multi-year global agreement to become a Global Development Partner of The International Triathlon Union (ITU).
EU Court Rules Adidas May Defend Its Three-Stripes Design
A European court has ruled for Adidas an infringement case against a Belgian footwear company. Adidas had been seeking to block two trademarks for parallel stripes on shoes filed by a Belgian firm, Shoe Branding Europe, saying it infringed on Adidas’ iconic three-stripe design.
Turtle Fur Partners With Locally
Locally, an online store and product locator, is now integrated into turtlefur.com, connecting consumers with Turtle Fur products currently available at their local shop.
Saucony Celebrates 120th Anniversary
Saucony will mark its 120th anniversary with a series of events and celebrations in 2018, beginning with the launch of the Shadow 5000 EVR, an advanced interpretation of the brand’s iconic Shadow 5000, one of the most sought-after silhouettes of the 1980s.
Active Brands Showing Growth For Sequential Brands Group
While the company wrapped up a fourth quarter in line with plans, Sequential Brands Group noted that all of its core Active brands – Gaiam, And1 and Avia – are all seeing momentum in the marketplace.
Trump Administration Puts Focus On Team Sports
In a move to place a greater focus on team sports, the Trump administration has revised the title of the “President’s Council on Fitness, Sports, and Nutrition,” to the “President’s Council on Sports, Fitness, and Nutrition” and announced plans to increase emphasis on youth sports participation.
SMC/SSL Winter Sports Market Headed To Salt Lake City
Sports Specialists, Ltd. (SSL) of Golden CO and Snowsports Merchandising Corp. (SMC) of Springfield MA, co-hosts of the Winter Sports Market, announced a change beginning in 2019, and will call Salt Lake City its new home.
Hylete Announces Reg A+ Offering
Hylete Inc., a direct-to-community brand targeted at the lifestyle of functional fitness, has announced its offering of up to $6.25 million qualified by the SEC under Tier II of Regulation A+.
AAC And North Face Opens $70,000 In Grant Awards Available For Climbers
The American Alpine Club in partnership with The North Face is offering 2018 Live Your Dream grants, open to climbers of all ages, experience levels and climbing disciplines.
Golf Rounds Slide In January
According to Golf Datatech, golf rounds played were down 5.4 percent in January with the Eastern part of the country particularly impacted by weather.
Nike’s Jumpman Logo Didn’t Violate Copyright
Nike’s Jumpman logo didn’t violate the copyright of an earlier photograph of Michael Jordan, a federal appeals court ruled.
DC Shoes Appoints Head Of Marketing
Southern California-based lifestyle and skate brand DC Shoes, Inc. announced the appointment of Michael Minter as global head of marketing.
PHIT America Sets First Phit America Month For May
PHIT America is launching PHIT America Month (PHITMonth.org) in May to promote and encourage millions of Americans to learn and enjoy the opportunity to be physically active, exercise, and play sports.
