Aisle Talk, Week Of May 29
Top headlines from the active lifestyle industry you may have missed this week.
Zumiez Beats Plan For Third Straight Quarter
Said Richard Brooks, CEO, “Overall, small traffic trends for the quarter in total appear to be more challenging than the industry expected. While we are not immune to these challenges, we are encouraged to see our third consecutive quarter of positive comparable sales and transaction gains.”
Canada Goose Holdings Delivers 22 Percent Q4 Revenue Gain
Canada Goose Holdings Inc., in its first report since going public, reported a smaller-than-expected loss in its fourth quarter ended March 31 while seeing revenues expand 22 percent and a sharp hike in gross margins tied to its direct-to-consumer business.
OIA Criticizes Exit From Paris Climate Agreement
In response to the withdrawal from the Paris Climate Agreement, Amy Roberts, executive director at Outdoor Industry Association (OIA), in a letter stated that President Trump “has abandoned the United States’ leadership on this critical issue and has ignored the voice of individuals and businesses across the country, including many in the outdoor industry.”
SFIA Partners with RISE Talent For Recruitment
To address the need for more focused recruitment and provide added value to member companies, the Sports & Fitness Industry Association (SFIA), announced a new partnership with RISE Talent Acquisition.
Finish Line Youth Foundation Donates $409,750 In Q1
The Finish Line Youth Foundation announced its award of $159,750 in grants and $250,000 in donations for Special Olympics in the first quarter of 2017. The 22 grants to youth organizations in 13 states support healthy lifestyles and youth development. The Foundation’s financial commitment to Special Olympics supports fitness initiatives that focus on helping athletes […]
Zumiez’s Q1 Exceeds Guidance
Zumiez Inc. reported a loss in the first quarter but it was better than guidance with same-stores landing at the upper end of guidance.
Lululemon Takes Charge To Restructure Ivivva
Lululemon Athletica Inc. reported first-quarter results that exceeded Wall Street targets but also announced it would take a charge to close the majority of its Ivivva girls locations.
Product Drops Available This Week
SGB has highlighted just a few of the many product drops becoming available this week.
Story Mfg. Focuses On Sustainability, Ethics
Founded by Bobbin and Katy Katazome in 2013, the brand has grown into a bricks and mortar studio in East London and a brand stocked everywhere from Tokyo to Los Angeles.
USA Volleyball Launches New Marketing Effort
USA Volleyball (USAV), the National Governing Body for volleyball by both the United States Olympic Committee (USOC) and the Federation Internationale de Volleyball (FIVB), has retained Zito Partners and InterperformancesUSA (IPZ) to assist in its branding and marketing efforts.
Dick’s Sets Grand Opening Of Five New Stores In Two States
Two stores will open in Miami, FL; and one each in Torrance, CA; Sunrise, FL; and Aventura, FL.
Youth Tennis, Cardio Tennis Shine In Latest Tennis Participation Report
Among the bright spots in the most recent annual tennis participation study by the Physical Activity Council is a 7.2 percent increase in youth tennis players and a 16.7 percent increase in Cardio Tennis players over the past year.
Dick’s Partners With US Youth Soccer
The partnership with US Youth Soccer expands Dick’s Team Sports HQ’s community and technology support of youth soccer nationwide to nearly four million players, volunteers, coaches and their families.
Adidas Introduces Forgefiber Stitching Technology
Adidas introduced Forgefiber, an innovative stitching technology that efficiently provides precise fit and support in performance footwear.
