Frasers Group, the parent of Sports Direct in the U.K., plans to open a “mega store” at Leicester’s Fosse Park.
Author: SGB Media
Correction: WL Gore Article
An article that ran in Monday’s SGB Update, “WL Gore To Eliminate 120 Jobs At Scotland Fabric Plant” was inaccurate.
Recall: Woom Bikes Children’s Helmet
About 1,900 children’s helmets from Woom Bikes USA are being recalled.
L.L.Bean Partners With Mastercard On Complimentary Outdoor Classes
L.L.Bean is partnering with Mastercard to offer complimentary outdoor classes through its Outdoor Discovery Program.
Marine Products Announces Passing Of Chairman R. Randall Rollins
Marine Products Corporation announced the passing of R. Randall Rollins, the company’s chairman of the board, who died peacefully following a short illness on August 17.
Faction Skis And FW Parent Full Stack Supply Announce New Hires
Faction Skis and FW parent Full Stack Supply Co. (FSSC) have added veteran depth to its sales and operations teams, and also implemented a new Denver, CO-based logistics provider.
Davidson’s Adds Regional Customer Service Manager
Davidson’s has strengthened its national customer relationship manager force with the addition of Joe Daugirda.
Mac Tillman Joins RoadRunner Holdings As CEO
RoadRunner Holdings LLC, the newly established holding company of sports nutrition brands and the parent company of electrolyte supplement-maker SaltStick Electrolytes, has added Mac Tillman as the company’s new CEO.
June U.S. Core Skate And Surf Sales Grew 15 Percent, ActionWatch Reports
According to sales data for the ActionWatch US retailer panel, store sales for core skate and surf shops increased 15 percent when compared to last June.
Frasers Group’s Sales Climb 6.9 Percent In Year
Frasers Group plc, formerly Sports Direct International, reported Group revenue increased 6.9 percent to £3.96 billion in the 52-weeks through April 26. Excluding acquisitions and on a currency-neutral basis, revenue decreased 12.6 percent.
The Buckle’s Second-Quarter Earnings Double
The Buckle Inc. reported net income for the second quarter of fiscal 2020 was $34.7 million, or 71 cents a share, compared with $16.4 million, or 34 cents per share, for the second quarter of fiscal 2019.
U.S. Footwear Sales Drop 16 Percent In July, NPD Reports
Total footwear U.S. sales for July totaled $2.3 billion, representing a decline of 16 percent decline versus July last year. Among categories in dollars, Performance footwear was down 16 percent, Leisure declined 3 percent and Fashion fell 35 percent, according to data compiled by The NPD Group.
Foot Locker’s Q2 Comps Soar 18.6 Percent
Foot Locker Inc. reported earnings rose 7.6 percent on an adjusted basis as same-store sales jumped 18.6 percent. Results were in line with a pre-announcement provided on August 10. Said Richard Johnson, president and chief executive officer. “Despite the challenging backdrop of the pandemic and social unrest, we achieved strong second-quarter results, led by our digital business, with a return to growth in both the top and bottom line.”
New Era Field To Become Bills Stadium
The Buffalo Bills said they will call their stadium, “Bills Stadium” after failing to find a new naming rights partner before the start of the season. The change comes after the end of its partnership with New Era Company.
Adidas Extends Sponsorship Of England’s Rugby Football Union
England Rugby has announced it has extended its partnership with Adidas as Official Footwear Supplier for four more years.
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