Unifi Inc. on Thursday announced the appointment of Albert P. Carey as non-executive chairman of its board of directors, effective immediately. Carey has played an active role with Unifi since being elected to its board of directors in January 2018.
Author: SGB Media
The Buckle Reports December Comps Drop Slightly
The Buckle Inc. on Thursday announced that comparable store net sales, for stores open at least one year, for the 5-week period ended January 5, 2019, decreased 0.2 percent from comparable store net sales for the 5-week period ended January 6, 2018.
Kohl’s Lifts Lower End Of Guidance On Comps Increase
Kohl’s Corp. on Thursday reported comparable sales for November and December 2018 combined. On a shifted basis, which compares the nine weeks ended January 5, 2019 and January 6, 2018, comparable sales for the Holiday period increased 1.2 percent.
Badger Sportswear Cuts Off Chinese Factory In Internment Camp
Badger Sportswear in a statement posted to its website said it will no longer do business with a Chinese company that allegedly used workers from an internment camp holding targeted members of ethnic minority groups, according to the Associated Press.
ClassPass Acquires Asia-Based Rival GuavaPass
ClassPass announced it signed an agreement to acquire GuavaPass, an aggregator of fitness experiences operating in Asia and the Middle East.
Macy’s Cuts Guidance On Weak Holiday Sales
Macy’s slashed its outlook for profit, sales and gross margin, citing a weakening in sales in late-December. The company reported holiday-period same-store sales growth of 0.7 percent, compared with 1.0 percent growth in the same period a year ago.
Shoe Carnival Names McCann Agency of Record To Elevate Brand Engagement
Shoe Carnival has selected McCann as its agency of record for integrated marketing services.
Bill Seeks Universal Background Checks For Guns
Congressional Democrats on Tuesday introduced a bill that would move toward universal background checks for firearms.
Nike And Flex To End Partnership
Nike and Flex, a contract manufacturer, have agreed to wind down its footwear manufacturing operations in Guadalajara by the end of the year.
GSM Outdoors Acquires Mainstream Holdings
GSM Outdoors LLC, a multi-brand manufacturer of specialized hunting and shooting products, has acquired Mainstream Holdings, the Windom, MN-based company that owns and operates Muddy Outdoors, Hawk and Big Game Treestands. Terms of the deal were not disclosed.
JCPenney Sees Drop In Holiday Sales
J. C. Penney Company Inc. announced that its comparable store sales for the combined nine-week period ending January 5, 2019, decreased 3.5 percent on a shifted basis. On an unshifted basis, comparable sales decreased 5.4 percent.
Dakine Appoints David Orr To Global General Manager
Dakine Equipment LLC—a division of JR286 Inc., in partnership with Marquee Brands—on Wednesday announced the appointment of David Orr as global general manager. A veteran in the outdoor and sporting goods industries, Orr will be responsible for leading all aspects of product creation, sales and operations for Dakine.
Zumiez Inc. Raises Q4 Outlook On December Comp Increase
Zumiez Inc. on Wednesday raised its fourth-quarter outlook based on comparable sales increasing 4.9 percent for the five-week period ended January 5, 2019, compared to a comparable sales increase of 7.9 percent for the five-week period ended December 30, 2017.
La Sportiva Apparel Joins 1% For The Planet
La Sportiva on Wednesday announced its membership in 1% for the Planet. By donating 1 percent of apparel sales revenue globally to approved environmentally focused non-profit partners, La Sportiva demonstrates its commitment to sustainability and concern for the environment, on which the outdoor industry depends.
POC Hires Brendan Murphey As North American Marketing Manager
POC—a manufacturer of ski, snowboarding and cycling helmets, eyewear, apparel and protection—has named Brendan Murphey as marketing manager for North America.
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