Dropping today globally, retailers celebrate Burley’s 40th Anniversary with kid-specific Sport and Performance Trailers for Spring 2019 “From a technology, safety and design standard, our new collection of child performance and sport bike trailers are by far the most feature-rich that we have ever produced. For more than 40 years, we’ve been encouraging people to […]
Author: SGB Media
5.11 And Velocity Outdoor Deliver Double-Digit Growth For CODI In 2018
Compass Diversified Holdings’ (CODI) reported 5.11’s 2018 revenues expanded 12.2 percent in 2018 while Velocity Outdoor’s revenue increased 10.3 percent. Liberty Safe saw a 10.1 percent decline last year.
Foot Locker Smashes Wall Street’s Targets In Q4
Foot Locker Inc.’s fourth-quarter earnings came in well above Wall Street’s consensus estimate as same-store sales surged 9.7 percent. Said Dick Johnson, CFO, “The fundamentals of our core business remain strong and led to meaningful improvement in our financial results, not only during the fourth quarter but throughout 2018.”
Adidas Signs NFL Draft Prospects
Adidas announced new multi-year partnerships with Marquise Brown, WR from Oklahoma and Hakeem Butler, WR from Iowa State.
Nordstrom’s Q4 Impacted By Weakness At Full-Price Stores
Nordstrom reported earnings before interest and taxes (EBIT) slid 4.9 percent in the fourth quarter due to soft sales at its full-price stores that led to markdown pressures.
Gap To Spin Off Old Navy
Gap Inc. announced plans to create two independent publicly traded companies: Old Navy and a yet-to-be-named company which will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix and Hill City.
Collaboration … L.L.Bean x Flowfold Bean Boots
First Co-branded L.L.Bean Boot In The Company’s 107-year History. L.L.Bean has carried Flowfold products online and in retail stores since 2016, and in 2018 the companies announced their first collaboration with a collection of backpacks, totes, and gear bags designed in partnership and sold exclusively at L.L.Bean. The new Bean Boots are still ultralight with […]
Rack Room Shoes Appoints New Director Of Merchandising
Rack Room Shoes announced Melanie Ortlieb has succeeded industry veteran Dan Crawford as director of merchandising.
Crocs’ Americas Sales Jump 15 Percent In Q4
Crocs Inc. reported revenues in the fourth quarter topped Wall Street’s expectations, boosted by healthy double-digit growth in the Americas region. The loss for the company in the period also came in better than expected due to cost-cutting initiatives.
Golf Rounds Played Show Gains In January
According to Golf Datatech, golf rounds played in the U.S. were up 2.8 percent in January.
TJX Rebranding Sierra Trading Post To Simply ‘Sierra’
Sierra Trading Post, the retailer that operates an online and brick-and-mortar presence and is owned by The TJX Cos., has undergone a rebranding and is now known simply as Sierra, the company announced Wednesday during the earnings call with analysts.
Garmin To Sponsor 11 Cycling Teams
Garmin announced sponsorship agreements with 11 professional cycling teams for 2019, including world tour and mountain/enduro biking teams.
Fitbit’s Shares Sink On Weak Guidance
Fitbit in the fourth quarter managed to show its first quarterly year-over-year increase in device sales since the fourth quarter of 2016. But shares were trading down about 16 percent in late-afternoon trading amid warnings of softer-than-expected sales for the first quarter and margin deterioration for the year.
U.S. Polo Assn. To Outfit USPA College Polo Teams
USPA Global Licensing Inc. (USPAGL), the official licensing arm and national broadcaster of the United States Polo Association (USPA), announced that U.S. Polo Assn. will be outfitting college polo players through a new nationwide collegiate outreach program.
Unequal Technologies Partners With Babe Ruth League And Cal Ripken Baseball
Unequal Technologies Company has signed on as the Official Performance Protection Partner for both Babe Ruth League and Cal Ripken Baseball, a division of BRL.