Champion To Sponsor PlayVS

Champion has become the uniform and fanwear provider of PlayVS, the official platform for high school esports competition, to join a number of other esports sponsorships.

Lululemon Athletica Remains On Fire In Q3

Powered by an acceleration in its men’s business and continued robust growth in women’s, Lululemon Athletica reported earnings jumped 33.4 percent in the third quarter as comps climbed 17 percent on a currency-neutral basis. The outlook for the year was raised for the third straight quarter as earnings and sales both handily exceeded guidance.

New Balance Foundation Reaches $100 Million In Total Grants

Boston-based New Balance Foundation announced it has reached a major milestone of $100 million in total grants to non-profits. From an initial $31,000 grant-making investment in 1981, New Balance Foundation contributions have grown to provide millions in funding to develop high-impact, long-term, sustainable initiatives that enrich the lives of children, their families and their communities.

Moody’s Changes Caleres’ Outlook To Negative, Affirms All Ratings

Moody’s Investors Service changed the ratings outlook for Caleres, Inc. to negative from stable. The change in outlook to negative from stable reflects Caleres’ recent earnings performance below Moody’s expectations and the view that organic earnings growth will remain constrained by the highly competitive retail environment and the consumer shift to e-commerce.

Nautilus Appoints CFO

Nautilus Inc. announced that Aina Konold has been appointed chief financial officer. Most recently, she was the founding CFO for Gap Inc. in China.

Lululemon Crushes Comp Sales In Q3

Lululemon Athletica Inc. on Wednesday reported total comparable sales for the third quarter ended November 3 increased 16 percent, or 17 percent on a constant dollar basis. Comparable store sales increased 10 percent, or 11 percent on a constant dollar basis, while direct-to-consumer net revenue increased 29 percent, or 30 percent on a constant dollar basis.

Conversation With Sportsman’s Warehouse CEO Jon Barker

From market-shifting acquisitions to doubling down on the sales of firearms and ammunition, a lot has been happening at Sportsman’s Warehouse Holdings Inc., the Midvale, UT-based sporting goods retailer. We recently spoke with CEO Jon Barker about these topics and more in our latest executive conversation. Here’s what he shared about the state of the company.