SGB 2016 Retail Top 100: Anchors Away
Department stores sold billions of dollars in athletic and outdoor apparel and footwear last year, but their future is far from certain.
Kohl’s Cuts Outlook Despite Upbeat Q2
Kohl’s Corp. lowered its guidance for the full year despite reporting second-quarter earnings that easily topped Wall Street estimates. Kevin Mansell, Kohl’s chairman, chief executive officer and president, said, “Our sales improved over our first quarter results, but were below our expectations. We are encouraged by the performance of juniors and young men’s as we […]
Macy’s Q2 Beats Targets
Macy’s Inc.’s earnings in the second quarter declined before non-recurring items fell 16 percent, but easily topped Wall Street’s consensus estimate.
Macy’s to Close 100 Stores
Macy’s, Inc. said it plans to close 100 Macy’s full-line stores out of a current portfolio of 728 Macy’s stores, including 675 full-line locations.
Under Armour Pushes Boundaries With New Senior Executives
Under Armour continued to bolster its senior executive team with the appointment of Kip Fulks as chief product officer, Colin Browne as president of global sourcing and Andy Donkin as chief marketing officer.
Yue Yuen’s July Sales Down Despite Retail Growth
Footwear manufacturer Yue Yuen Industrial Ltd. reported sales slumped 4.4 percent in July despite a surge in sales at its Chinese retail subsidiary.
AAFA Urges Cutting Fed’s Use of Prison Factories
The American Apparel & Footwear Association called on presidential nominees to eliminate prison factories’ preferential access to federal uniform contracts.
Trend Spotting at Rio 2016: Swim Brands to Watch
As it should be, our focus is on the athletes at the 2016 Summer Olympics in Rio. But being in the business of the trade, we also can’t help but notice the active-lifestyle brands winning prime real estate on the stage.
Jessica Simpson Launches Performance Footwear Collection
Jessica Simpson, in partnership with Sequential Brands Group, Inc. and footwear partner Camuto Group, launched a collection of performance footwear as part of her athleisure line, The Warm Up.
Goldwin Reports Solid Growth in Fiscal Q1
The Japanese company, which owns the Goldwin and C3fit brands and distributes The North Face and other outdoor brands in Asia, reported sales grew 6.6 percent.
Adidas to Open Speedfactory in Atlanta
The state-of-the-art facility, to open in 2017, will allow Adidas to create product more quickly and closer to U.S. consumers.
Canadian Tire Provides Access to Canadian Olympians
Canadian Tire, the owner of Sport Chek, will be providing Canadians a live look inside of Canada Olympic House and a chance to interact with Olympians.
Under Armour Manager Receives SFIA Scholarship
SFIA acknowledged Kelly Becker, Ursinus College grad and current manager of innovation partnerships for Under Armour, as a recipient of the 2016 SFIA Future Industry Leaders Scholarship.
Nike Presents Film Featuring USA Basketball
Nike, Inc. (NKE) released a new film, “Unlimited Together,” that captures the strength of unity and the power of team for USA Basketball.
5.11 Tactical Charges Forward With Consumer Expansion
The soon-to-be-acquired company generates enough cash to grow its emerging U.S. retail business and pay a dividend to Compass Diversified Holdings Inc.
