Caleres Inc. reported earnings in the second quarter on an adjusted basis rose 5.1 percent, exceeding Wall Street’s estimates, as sales grew 6.5 percent. Same-store sales rose 1.5 percent at Famous Footwear and the chain is track to deliver its eighth consecutive year of positive back-to-school same-store-sales.
Author: SGB Media
Boot Barn Acquires G.&L. Clothing
Boot Barn Holdings Inc. acquired certain assets of G.&L. Clothing, Inc., an individually-owned retailer operating one store in Des Moines in Iowa.
Paddlesports Retailer Riding Wave Of Momentum
The paddlesports community is uniting this week in Oklahoma City for the third annual Paddlesports Retailer (PSR), which showcases the latest paddling products while also connecting brands and buyers. On the eve of PSR, Charles Conner and Darren Bush spoke with SGB about changes in the event and the industry.
Summers & Co … Flyfishing Apparel For the Female Angler
Cara Smith grew up in Traverse City, MI—a legendary fishing area—spending time at her grandparents’ house on the Boardman River. She learned to love all aspects of fishing, even sewing fishing rod bags with her grandmother and helping her grandfather to tie a thread around a fishing pole. The heritage of fishing is woven deeply […]
Retailers’ Tariff Concerns Heighten
With the fourth tranche of tariffs on $300 billion worth of products soon arriving, trade talk has again returned as a popular topic on retailers’ second-quarter conference calls. Most were hopeful that they’d avoid having to raise prices to offset the tariff costs, at least for holiday selling.
CLC To Host College Colors Day
CLC, the collegiate licensing leader, will host the 15th annual College Colors Day on Friday, August 30. This year’s celebration features a partnership with the College Football 150th Anniversary.
National Lacrosse League Appoints Deputy Commissioner And EVP of Business Affairs
The National Lacrosse League (NLL) announced that Jessica Berman has been named deputy commissioner and EVP of business affairs. Berman joins the NLL from the National Hockey League.
Cole Haan Prepares For IPO
Cole Haan, acquired in 2013 by private equity firm Apax Partners from Nike Inc., has confirmed that it’s preparing for an initial public offering.
Anta’s First-Half Profits Soar
Anta Sports Products Ltd. reported net earnings rose 27.7 in the first half as sales grew more than 40 percent. Ding Shizhong, Chairman of the Board of Directors and CEO of Anta Group, said, “In the first half of 2019, the company maintained a high growth in its performance due to the goodwill of Anta brand, Fila brand and other brands.”
Intersport Partners With Taiwan’s Momentum Sports Co.
Intersport International Corp. signed a Franchise Agreement with Momentum Sports Co. Ltd., the biggest sports retailer in Taiwan operating over 220 sports stores including Multibrand and Monobrand stores.
Retail Trade Groups Criticize Tariff War Escalation
A number of retail trade groups issued statements strongly criticizing the Trump administration’s threat to raise tariffs higher and order U.S. companies to exit China. The threats came Friday after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods.
Life Fitness Partners With PHIT America
Life Fitness has partnered with PHIT America and KIDS in the GAME to help schools in Chicago and Ramsey, Minnesota areas.
Puma Joins Fashion Pact To Protect Climate, Biodiversity And Oceans
Puma joined a coalition of 32 companies to launch the global Fashion Pact to protect the world’s climate, biodiversity and oceans, which was presented ahead of the G7 meeting in Biarritz.
US Youth Soccer Partners With TiPEVO
US Youth Soccer, the largest youth sport organization in America and the leader in youth soccer, announced an exclusive partnership with data-solutions company, TiPEVO.
Goat And Bergdorf Goodman Partner On Exclusive Shopping Experience
Goat, the resale site for sneakers, announced its partnership with iconic New York retailer, Bergdorf Goodman. The two brands will enter an exclusive partnership, which includes a curated shopping experience at Goodman’s Men’s Store on 5th Avenue.
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