Several brands in the active lifestyle space, including Patagonia, Nike and Toms, are being recognized for their purpose-driven ethos and related cause-marketing efforts according to an extensive study from DoSomething.org. But the study still found it’s not easy to break through and create belief among consumers.
Author: SGB Media
Slower Tax Refunds And Weather Affect April Retail Sales
Retail sales were down 0.2 percent in April seasonally adjusted from March but up 5.2 percent unadjusted year-over-year, the National Retail Federation said.
NBA Players Tony Parker, Nicolas Batum Buy Ski Resorts In French Alps
NBA players Tony Parker and Nicolas Batum said on Monday they bought two ski resorts in the southern French Alps, according to a report in Reuters.
Cost Of Youth Sports Delaying Retirement For Parents
With hopes that their children will earn college athletic scholarships or even make it to the professional leagues, many parents are spending a significant portion of their income and time on youth sports, according to a new survey conducted by The Harris Poll on behalf of TD Ameritrade.
Aftershokz Becomes Official Headphones Partner For Ragnar Relay
Aftershokz, the leader of bone conduction headphone technology, announced its new partnership with Ragnar Relay to become the official headphones partner for both the road and trail series.
OpSec Commits To Three-Year Sponsorship Deal With SFIA
The Sports & Fitness Industry Association (SFIA) announced a new corporate and strategic partnership with OpSec Security, a firm specializing in fighting counterfeiting, diversion and fraud.
Snipes Acquires KicksUSA
European lifestyle retailer Snipes has acquired KicksUSA and will transition its brand, signage and operations to 62 existing KicksUSA stores along the East Coast.
Macy’s Q1 Tops Wall Street’s Targets
Macy’s,Inc. reported earnings declined in the first quarter but easily topped Wall Street’s consensus estimates. Same-store sales inched up 0.6 percent. The department store giant confirmed its guidance for the year.
Yue Yuen’s Q1 Profits Dip
Yue Yuen reported revenues grew 8.4 percent in the first quarter but earnings slumped 20.9 percent.
Adidas Board Re-Elects Igor Landau As Chairman
Adidas re-elected Igor Landau as chairman of the Supervisory Board. In a statement, Adidas said Landau was re-elected “to accompany the current five-year strategic business plan, ‘Creating the New’, through to completion in the 2020 financial year and to ensure a smooth hand-over to a new Supervisory Board chairman.”
JD Sports Fashion Hires Ex-North Face Exec As Non-Executive
JD Sports Fashion PLC appointed former North Face executive Kath Smith as non-executive director with immediate effect.
Asensei Names Tara Moeller To Board Of Directors
Asensei Inc., which specializes in digital sports coaching and smart apparel, announced the addition of former CamelBak and Specialized executive Tara Moeller to the board of directors.
Mizuno’s America Region Posts First Annual Profit In Four Years
Aided by a focus on high-margin sales and cost controls, Mizuno Corp’s America region returned to profitability for the first time in four years.
AAFA Deems New Tariffs Catastrophic For The U.S. Economy
The American Apparel & Footwear Association said it is severely disappointed by the Trump administration’s decision to propose further tariffs on approximately $300 billion worth of U.S. imports, including clothing, shoes, and other textiles from China.
FDRA Protests Fourth Tariff List
In a statement, FDRA President and CEO Matt Priest wrote that the latest proposed list of Chinese imports subject to higher tariffs will be “paid by every American, every time they buy shoes.”
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