Recall: Scarpa North America Ski Boots

Scarpa North America has recalled its Maestrale RS and Maestrale Men’s Ski Boots because the ski boot shell can crack, posing a fall hazard and risk of injury to the consumer.

Off-Price Growth Fuels Nordstrom’s Third Quarter

Nordstrom Inc. on Thursday reported earnings per diluted share of 81 cents for the third quarter ended November 2, beating Wall Street’s estimates by 16 cents. Total company net sales decreased 2.2 percent to $3.7 billion in Q3, improving by more than 200 basis points from the first half of 2019 and ahead of targets by $10 million.

XTERRA Celebrates 25 Years Of Off-Road Triathlon + Trail Running

“XTERRA has evolved from the days of being a race-focused company. Over the past few years, we’ve made a concerted effort towards becoming a full-fledged lifestyle brand. Our racing structure has been reimagined right alongside our business model, and has brought a lot of changes across our organization.” —Janet Clark, President, XTERRA … From a […]

Macy’s Lowers Outlook As Q3 Comps Decline

Macy’s Inc. reduced its annual profit forecast for the second time this year after reporting its first drop in same-store sales in two years. CEO Jeff Gennette said in a statement.“The sales deceleration was steeper than we expected.”

Planet Fitness Prices $550 Million Securitized Financing

Planet Fitness Inc. on Wednesday announced that it has priced $550 million of Series 2019-1 Class A-2 Fixed Rate Senior Secured Notes (the “Class A-2 Notes”), with an anticipated repayment term of 10 years and a fixed interest rate of 3.858 percent per annum, payable quarterly.

Nike Invests In Handsfree Labs Inc.

Nike Inc. on Wednesday announced a strategic investment in and exclusive intellectual property licensing partnership with Handsfree Labs Inc., a pioneer in hands-free footwear technology. Terms of the investment were not disclosed.