JD Sports Sees “Positive” Holiday Sales

JD Sports said that against a backdrop of widely reported retail challenges in the Group’s core UK market, it is encouraging to report positive like for like trends in the Group’s global Sports Fashion fascias, particularly overseas.

AKU Appoints VP Sales And Marketing In USA

Italian footwear brand AKU announced that Canice Harte will join the AKU Outdoor company, serving as the vice president of sales & marketing in the U.S. Harte has worked for Nathan Sports, Waterbox, Salomon, Patagonia and The North Face.

Sports Tech On Full Display At CES 2020

CES 2020 marks the tenth year fitness and wearable technology have been featured at the biggest consumer trade show, and this year’s event showed digitization still has a long way to go in taking sports and fitness to the next level. SGB Executive highlights the active lifestyle products that caught our attention at this year’s show.

PVH, Pentland Each Had Solid Reasons For Speedo Deal

Despite the looming Summer Olympics and the Games’ quadrennial spotlight on the sport of swimming, PVH Corp. decided to sell its Speedo North America business to focus more attention on its core apparel brands. The move was strategic for PVH, which found a more-than-willing buyer in Pentland Group. 

Retail Imports Settling Down After Year Of Tariff Surges

After a year of fluctuations driven by the uncertainty of the trade war with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released Friday by the National Retail Federation and Hackett Associates.

Urban Outfitters’ Holiday Comps Expand 3 Percent

Urban Outfitters Inc. reported net sales for the two months ended December 31, 2019 increased 2.9 percent over the same period last year. Comparable Retail segment net sales increased 3 percent, driven by growth in the digital channel, partially offset by negative retail store sales. 

Avenatti Ordered To Face Fraud Charge

A Manhattan federal judge denied Michael Avenatti’s bid to dismiss the third count of an indictment accusing the embattled lawyer of trying to extort Nike Inc. over his alleged knowledge of basketball recruiting violations.

Report: Equinox Seeks Funding To Expand Digital

Equinox Group, the operator of Equinox Fitness Clubs, Blink Fitness, Pure Yoga and SoulCycle, is an advanced talks to secure additional funding to expand its digital platform, according to a report from Bloomberg.