Under Armour’s Kip Fulks Shifts To Strategic Advisor
In his new role, Kip Fulks will lead key strategic initiatives at the company, leveraging his broad-based experience throughout critical areas of the organization, with an initial focus on improving operational efficiency within the business.
Iconix Brand Group Q1 Earnings Slide
Iconix Brand Group Inc. reported licensing revenue in the first quarter was $58.7 million, a 13 percent decline as compared to $67.7 million in the prior-year quarter.
Wolverine’s Shares Climb On Upbeat Q1 Results
Among its major brands, Merrell grew low single-digits, Sperry was down low-double digits and Saucony was off mid-single digits.
Calia And Dick’s Sporting Goods Pledge $200,000 For Girls Team Sports Projects
The Dick’s Sporting Goods Foundation and Calia by Carrie Underwood, a fitness and lifestyle brand created in partnership with Dick’s Sporting Goods and multi-platinum superstar, Carrie Underwood, announced plans to fully fund girls team sports projects on education crowdfunding platform, DonorsChoose.org.
Timberland Names VP, General Manager Of North America
Most recently, Tracy Smith served as president of U.S. operations for Geox, where he was responsible for managing the brand’s wholesale, retail and e-commerce businesses. Prior to Geox, Smith spent nearly 20 years at Cole Haan.
NFL And MLB Buy Equity Stakes In Fanatics
The NFL paid $95 million for a 3 percent stake while the MLB acquired a 1.5 percent stake for $50 million. The NFL deal values Fanatics at $3.17 billion.
Asics Corp. Q1 Impacted By Weakness In Europe And Americas
In the Americas region, sales declined 3.1 in the first quarter on a currency-neutral basis “due to market forces and additional retail partner store closings,” according to a statement from Asics America Group. Sales in the U.S dropped 9.3 percent.
Asics America’s U.S. Sales Drop 9.3 Percent
Asics America said that despite the sales decline, it made a number of moves in the quarter to position it for growth in the future. The moves were punctuated with the brand’s announcement of expanding its U.S. presence with a Product Creation Studio in Boston, the launch of the first-ever global social running initiative and the unveiling of several new performance footwear models.
Asics Q1 Earnings Slide
Asics Corp. reported sales in the first quarter declined modestly in the first quarter due to declines in Europe and the Americas region.
Mountain Equipment Appoints Mid-Atlantic Sales Rep
The designer and manufacturer of outdoor apparel and accessories selected Dedication Sports Group for its representation in the Mid-Atlantic region.
Delta Apparel’s Q2 Boosted By Junk Food Sale, Higher Margins
For its second half, Salt Life and Art Gun are expected to continue their double-digit growth while continued improvements are projected for Activewear and Soffe. Soffe is expected to benefit from direct-to-consumer growth, including its first stores.
Adidas Re-Signs Real Madrid In Mega-Deal
Adidas has reportedly renewed its kit sponsorship with Real Madrid with a new new 10-year deal worth around £840 million.
REI To Relocate Englewood, CO Store
Outdoor co-op REI shared plans to relocate its Englewood, CO store to nearby Greenwood Village in the fall of 2017.
Delta Apparel’s Q2 Profits Improve
Delta Apparel Inc. reported that for its fiscal 2017 second quarter ended April 1, 2017, net income increased nearly 33 percent to $4.5 million, or 58 cents per diluted share, compared with $3.4 million, or 43 cents per diluted share, for last year’s second quarter.
Chaco Collaborates With United By Blue
The collections includes board shorts, tee-shirts, a backpack and a hat, as well as Chaco sandals featuring original strap designs inspired by ocean waves.
