Hibbett Sports Cuts Outlook After Double-Digit Q2 Comp Sales Decline
SGB UpdatesPosts loss in the second quarter as net sales decrease 9.2 percent to $188 million and comparable store sales decrease 11.7 percent in the period. (Read More)
Author: James Hartford
U.S. E-Comm Sales Surge 16.3 Percent In Second Quarter
SGB UpdatesAccording to data from SSI Data, the internet delivered 16.5 percent of active lifestyle product sales generated in the calendar second quarter of 2017, up from 15.8 percent in Q2 2016. (Read More)
SSI Data: Running Footwear Sales Post Modest Gains In Fiscal Second Quarter
SGB ExecutiveSGB TodaySGB UpdatesFashion Running Drives Most Growth in 13-Week Period Ended July 29 (Read More)
Solidarité
We stand with our French brothers and sisters... (Read More)
SportsOneSource Launches SSI Bike Data Platform
After two years of data compilation and product development, The SportsOneSource Group today announced the launch of a new data reporting platform focused on the cycling retail market. The new platform, SSI Bike Data, aggregates weekly point-of-sale data (Read More)
DSW to Roll Out 22 New Stores This Fall
DSW Inc. is opening 22 new stores this fall. The DSW store locations will be nationwide, including the opening of six stores in new markets... (Read More)
Cabela’s Adds to Board of Directors
Cabela’s Incorporated has appointed former Molson Coors chief executive Peter S. Swinburn to its Board of Directors... (Read More)
Dillard’s Inc. Sees Footwear Strength in Fiscal Q2
Dillard’s Inc. reported that footwear was a standout performer in its fiscal second quarter, but profits were hurt by declining margins and weak comp store sales gains... (Read More)
Kohl’s Hurt by Sales Tax Holiday Shift in Fiscal Second Quarter
Kohl’s Corporation reported Thursday that fiscal second quarter comparable store sales inched up just 0.1 percent for the 13-week period ended August 1, compared to a decline of 1.3 percent in the year-ago quarter. Reported net income fell 44 percen (Read More)
Yue Yuen Doubles First Half Profit as Retail Sales Surge
Yue Yuen Industrial (Holdings) Limited reported that total revenue rose 7.4 percent to approximately US$4.25 billion for the fiscal first half period ended June 30. Sandals sales rose 5.4 percent and athletic shoes grew 4.4 percent while casual shoes fell (Read More)
Macy’s Inc. Cuts Outlook After Fiscal Q2 Miss
Macy’s, Inc. unveiled a number of key initiatives Wednesday to boost sales growth after reporting a miss on its fiscal second quarter results and lowering estimates for the year... (Read More)
Bebe Stores Enters ”Athleisure” Market with Macy’s Footwear Rollout
Bebe Stores, Inc. is launching a new “athleisure” footwear line at Macy's designed with exclusive licensing partner ZiGi New York, LLC... (Read More)
Under Armour Inks NBA Combine Deal
Under Armour and the National Basketball Association (NBA) inked a multi-year global partnership that makes Under Armour the title partner of the NBA Draft Combine and presenting partner of the Jr. NBA... (Read More)
Iconix Brand Group Whiffs on Q2 as Founder Leaves and SEC Comes Calling
Iconix Brand Group Inc. reported a big miss on its second quarter results and disclosed an ongoing periodic review of its fiscal 2014 results with the Securities and Exchange Commission days after its CEO and founder stepped down from the chairman's (Read More)
Sport Footwear Sales Rise Nearly 5 Percent in Fiscal July
The SportsOneSource Group reported Sport Footwear sales increased in the mid-single-digits for the 4-week fiscal month ended Aug 1 (Fiscal July). The Athletic Footwear side of the business easily out-performed... (Read More)
Hibbett Sports Warns on Weaker Fiscal Q2 Results
Hibbett Sports Inc. warned Monday that a shift in sales tax holidays by 10 states and unanticipated weakness caused a decline in comp store sales and earnings during the 13 weeks ended Aug. 1... (Read More)
SportsOneSource Announces 2015 SGB 40 Under 40 Honorees
The SportsOneSource Group announced the honorees for the eighth annual SGB 40 Under 40 Awards. This year’s class again contains individuals from all corners of the sporting goods industry who are recognized as leaders making a difference in their bu (Read More)
40Under40 Nominations Close Today!
The nominating process for the 8th annual SGB 40under40 Awards will conclude today at 5pm EDT. Nominations are currently open to anyone born after January 1, 1975 that is working in the sporting goods, action sports, outdoor, snow sports or bicycle indus (Read More)
SGB Magazine Launches Specialty Rep of the Year Awards
SGB Magazine and The SportsOneSource Group has launched a new event recognizing the hard work and tireless efforts of sales professionals serving the specialty retailer market. The SGB Specialty Rep of the Year awards program will honor nine individuals (Read More)
TNF and Columbia Take Top Honors in Outdoor Brand Strength Report
What are the strongest brands in the specialty outdoor space? That question and many more are probed and analyzed in the new Outdoor Brand Strength Report, which summarizes the bi-annual consumer survey conducted by The SportsOneSource Group to measure (Read More)