Under Armour Beats Q3 Targets, Reduces Full-Year Revenue Guidance

Under Armour reported quarterly earnings and sales that topped Wall Street’ estimates, but the company trimmed its revenue outlook for the full year, citing “traffic challenges” at the DTC channel and lower than planned excess inventory to service the off-price channel. The company expects earnings to reach the high end of its previous range.

Asics North America Sees Third Consecutive Quarter Of Growth

The third quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive quarterly and year-to-date growth driven by increased traffic to both online e-commerce, retail channels, according to a statement from Asics North America.

Genesco Promotes Mimi Vaughn To CEO

Genesco Inc. announced that Mimi Eckel Vaughn, 53, currently the company’s senior vice president and chief operating officer, has been named Genesco’s next president and chief executive officer, effective February 2, 2020, the start of the company’s new fiscal year. 

‘Run Smart. Run Bright.’

November is Run Safety month.  #RUNBRIGHT The Running Industry Association celebrates the event with its 7th annual National Running Safety Month campaign supporting the organization’s 200-plus retail member partners nationwide by supplying marketing and communication materials made possible by member brands Gore-Tex, Asics and AfterShokz. The goal of the ‘Run Smart. Run Bright.’ campaign is […]

Fitbit To Be Acquired By Google

Fitbit, Inc. announced that it has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2.1 billion.

Nike Live Opens In Tokyo And Long Beach

Nike announced the global expansion of the Nike Live concept with the launch of two new stores in Tokyo and Long Beach. The stores officially opened to NikePlus members yesterday, November 1.