Technogym’s Profits Soar In 2018

Technogym’s revenues climbed 53 percent to €93 million in 2018. Revenues reached €634 million, up 8 percent on a reported basis and 10 percent at constant exchange rates.

Dick’s Taking Software In-House

Dick’s Sporting Goods is seeking to move all its software in-house as opposed to relying on third-party vendors, in an attempt to particularly help its online push, according to a report in the Wall Street Journal.

Sears Bankruptcy Takes Toll On Iconix Brand As Q4 Revenue Plummets

Iconix Brand Group Inc. on Wednesday reported revenue for the fourth quarter of $42.7 million, down 18 percent from the year-ago period and negatively impacted, in part, by the Sears bankruptcy. The company, whose brands include Starter and Umbro, also reported a Q4 operating loss of $52.1 million, as compared to an operating loss of $18.3 million in Q4 2017.

Shoe Carnival Sees Data-Mining Efforts Start To Pay Off In Q4

Shares of Shoe Carnival leapt 22.4 percent Wednesday after the footwear retailer reported fourth-quarter results that handily topped Wall Street’s expectations. While boot sales drove the gains, new data-aggregating capabilities are helping enhance merchandising, marketing and real estate decisions.

Banana Republic Taps Jared Goff As Ambassador

Banana Republic announced a new partnership with professional quarterback Jared Goff, a two-time NFL Pro Bowl selection and the fastest number one overall draft pick in the history of the league to advance to the Super Bowl.

Lululemon Signs Nick Foles As Ambassador

Lululemon has signed Nick Foles, the MVP of Super Bowl LII in February 2018 after leading the Philadelphia Eagles to a NFL championship, as its first major league sports ambassador to supports its men’s line.

The Conservation Alliance Contributes $945,000 In Grants To 29 Organizations

The Conservation Alliance sent grants totaling $945,000 to 29 organizations working to protect and defend wild places throughout North America.The grants came from the group’s regular grant fund ($860,000), Public Lands Defense Fund ($45,000), and a board-driven discretionary fund ($40,000). The grants put the organization on track to contribute $1.9 million in 2018, another record.