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)
Author: James Hartford
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)
Mainland Headwear 2013 Profits Slide Despite Strong Sales Growth
Mainland Headwear Holdings Limited, the new parent of San Diego Hat Company that also manufactures headwear for some of the largest U.S. brands and operates Lids and New Era stores in Asia, reported revenue for the year ended 31 December 2013 increased by (Read More)
Dick’s Sporting Goods Ups Guidance on Solid Fiscal Q4 Comps
Dick's Sporting Goods, Inc. has increased its fiscal fourth quarter and full year 2013 expectations after reporting that fiscal fourth quarter 2013 consolidated same-store sales exceeded expectations. Consolidated same-store sales, adjusted for the s (Read More)
Nike Inc. Sees Brighter Futures Ahead…
Nike Inc. reported an impressive 9 percent gain in revenues on a currency-neutral basis in the fiscal second quarter ended Nov. 30, with a 9 percent gain for Nike Brand and 11 percent for Converse. Even more encouraging, future orders were up 13 percent a (Read More)
The Finish Line Swings to Fiscal Q3 Profit on Sales Jump
The Finish Line Inc. posted a profit of $2.3 million, or 5 cents a share, in its fiscal third quarter ended Nov. 30, rebounding from a net loss of $103,000, or less than one cent a share, a year ago. With results particularly aided by a 7.1 percent comp g (Read More)
Billabong’s New CEO Unveils Turnaround Plan
Billabong’s new CEO Neil Fiske last week outlined a seven-point turnaround plan, which includes rebuilding the company’s global brands, sorting emerging brands, and fine-tuning merchandising strategies with fewer better styles... (Read More)
Adidas Group Invests in Natural Fibers Company
Adidas Group's in-house venture capital fund agreed Dec. 19 to invest CN$2.0 million in CRAiLAR Technologies Inc., a Canadian company that makes natural fibers from flax, hemp and other plants that can be used to make a garment that is as soft and du (Read More)
Club Ride Apparel Raises Capital to Fuel Expansion
Club Ride Apparel, one of the leaders in the casual-technical cycling apparel segment, secured $1 million in additional capital from Royal Street Investment & Innovation Center to support the company’s continued expansion... (Read More)
Lids Assumes Retail Concessions for NHL’s Edmonton Oilers
Lids was awarded the rights to operate retail concessions inside Rexall Place, the home arena of the NHL’s Edmonton Oilers and its junior team, the Western Hockey League’s Edmonton Oil Kings. The deal marks the first NHL relationship for Lids (Read More)
RG Barry Explores Possible Sale
R.G. Barry Corporation entered into a non-disclosure and standstill agreement with Mill Road Capital Management LLC in regards to the PE firm's potential bid to acquire the company... (Read More)
November Outdoor Product Sales Impacted by Holiday Shift
Winter arrived in earnest early for many parts of the U.S. in November, but it was, for the most part, too late to impact the four-week fiscal month ended November 30. The potential positives from colder weather across much of the country and early mounta (Read More)