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
Author: James Hartford
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
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
NRF: Consumers Embrace Thanksgiving Day Store Openings
Retail traffic surged 27 percent on Thanksgiving Day as consumers responded to earlier promotions, store hours and promotions to make up for the shorter shopping period this year, according to an annual survey conducted over the weekend on behalf of the N
Mobile Shopping Poised to Continue Gains on Cyber Monday
Nearly 25 million, or 18.9 percent, of Americans surveyed said they would use their mobile device to shop over the Thanksgiving Holiday weekend, up 22 percent from last year and eightfold since 2009, according to the National Retail Federation. The survey
NSGA Juggles Marketing Staff After Hammond Departure
Bruce Hammond, who served as Director of Marketing & Communications at the National Sporting Goods Association for nearly three years, left the Association, effective Nov. 1. As a result, Marty Maciaszek was named Director of Communications, in addition t
Nike Shareholder Meeting Sparks Succession Talk…
At Nike’s 33rd annual meeting last week held at Tiger Woods Center on the Nike World Headquarters campus, new Nike Brand president Trevor Edwards addressed the World Cup, the opportunity around expanded sizes, and Nike’s future in digital tech
Back-to-School Season Ends on High Note for Sport Footwear…
The Sport Footwear sales trend accelerated again in the last week of the eight-week back-to-school (BTS) season tracked by SportScanInfo, netting growth closer to the YTD and trailing 52-week periods…
Dick’s Sporting Goods Looks to the Past as it Outlines the Future…
At its first-ever analyst day, Dick's Sporting Goods, Inc. set a sales target of $10 billion by the end of fiscal 2017, representing a 5-year compounded annual growth rate (CAGR) of approximately 11 percent from fiscal 2012 sales of $5.8 billion…
Adidas Group Again Trims Fiscal Year Outlook…
For the second time in two months, Adidas Group lowered its top-line guidance for the year. The revised outlook was blamed on a further weakening of several currencies, a distribution problem in Russia and ongoing softness in golf. The earnings update ca
NSSF Statement on Colorado Recall Elections
The National Shooting Sports Foundation issued the following statement after the successful recall elections last week of State Senate President John Morse and State Sen. Angela Giron
APAX Flips Spyder to Authentic Brands; Li and Fung to License Brand
Authentic Brands Group, LLC (ABG) has acquired Spyder, representing the first outdoor and winter sports brand in ABG's growing portfolio. In connection with the acquisition, ABG and LF USA, a division of Li & Fung Ltd., have entered into a partnershi
Web Sales Help Drive Sport Footwear Prices Higher for Early BTS
While the conventional wisdom says people shop on the Internet for price, the early results from the back-to-school (BTS) selling season finds the channel trailing only Run Specialty and Chain Specialty retailers when it comes to average selling prices fo
Sport Footwear Posts Tepid Sales Growth in Fiscal July
Based on retail point-of-sale data compiled by SportScanInfo, sales of Sport Footwear for fiscal July 2013 increased in the low-single-digits in dollars as a mid-single-digit increase in average selling prices more than offset a low-single-digit decline i
Early BTS Results Tough on Footwear; Strong for Apparel, Daypacks
The early back-to-school season appears to be more of the same for the outdoor footwear business after an early review of retail point-of-sale data shows the business down more than 10 percent for the first three weeks of the back-to-school (BTS) selling
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