La Sportiva reported it acquired a majority stake in the Veneto-based company Meet Italia, a manufacturer that produces Made in Italy mountain footwear and with a strategic partner that has been in place for over twenty years.
Author: SGB Media
Asics North America Delivers Seventh Straight Quarter of Double-Digit Online Growth
Asics North America reported positive growth in the second quarter was boosted by double-digit growth in Sportstyle and Core Performance Sports categories across the region and marked by the region’s seventh consecutive quarter of double-digit e-commerce growth.
Canada Goose’s Debt Ratings Upgraded on DTC Focus/China Rebound
S&P Global Ratings raised its credit ratings on Canada Goose as it sees a continued focus on the higher-margin, direct-to-consumer segment and recovering sales in China helping the outerwear maker’s performance going forward.
EXEC: Li Ning Gets Brick & Mortar Boost to Post Mid-Teens Q2 Retail Growth
The company’s offline channel, including retail and franchisees registered a high-teens increase, with retail increasing in the high 20s and franchisees increasing in the mid-teens.
Rally House Announces Multiple College Town Store Openings
Rally House plans to open a store in Lexington, KY this summer and stores in Merrillville, IN and College Station, TX this fall.
Planet Fitness Upgrades Two Locations
Planet Fitness reported it renovated its Reisterstown in Maryland, which originally opened in November 2011, and Planet Fitness Columbia in Tennessee, which originally opened in April 2013.
Adobe Reports Online Price Declines, Slowing Inflation
Online prices in July 2023 fell 1.6 percent year-over-year (YoY), marking the eleventh consecutive month of YoY price decreases, according to the Adobe Digital Price Index (DPI).
Bob’s Stores To Open Three Locations
Bob’s Stores plans to open a “flagship” store in Norwalk, CT, that will also carry merchandise from sister retailer Eastern Mountain Sports within the next few months. It’s also planning two other Connecticut stores in Hamden and Southington.
Report: Foot Locker Declined Yeezy Restock Sales Over PR Concerns
Foot Locker is reportedly declining to sell Yeezy shoes during Adidas’ sale of its remaining inventory over fears of a public backlash.
Yue Yuen Sees Footwear Manufacturing Decline Accelerate in July
The Manufacturing business tallied a 23.9 percent decrease in July and a 20.0 percent decrease for the seven-month year-to-date period, an acceleration of the decrease posted in the first half reported through June.
Hot Chillys Launches Clima-Wool Collection, Expands Clima-Tek Line For Fall 23
Hot Chillys, the maker of performance base layers and winter accessories, launched its Clima-Wool base layer collection in a merino wool blend and added new products to its Clima-Tek line for Fall 2023. The Clima-Wool collection, a crossover between performance and lifestyle, combines the natural benefits of mulesing-free merino wool with synthetic fibers and is […]
Revo Celebrates Anniversary With Limited-Edition Sunglasses
Revo celebrates its 38th anniversary by launching five limited-edition sunglasses—three titanium aviators with silver and 24K plating and two titanium frames. The Air Limited is available in three colors and Descend Z in two colors, with only 500 pairs manufactured of each style. The Air series introduces three new Air LTD frames: Gold—an aviator-style frame […]
Yue Yuen Footwear Manufacturing Sees Pairs Shipped Fall Nearly 24 Percent in First Half
First half revenue attributed to footwear manufacturing activity, including athletic/outdoor shoes, casual shoes and sports sandals, decreased by 18.1 percent to $2.38 billion, compared with the corresponding period of last year.
Canada’s Ewool Makes U.S. Debut In Fall 2023
Ewool, a Canadian manufacturer specializing in heated clothing, reported it will enter the U.S. market in Fall 2023, featuring SnapConnect, a proprietary charging mechanism. “No other line of heated wearables can match our performance,” said Founder and CEO Alain Desmeules. “ewool’s products combine high-performance technologies and premium fabrics, providing next-generation solutions for immediate warmth. SnapConnect […]
Dick’s SG Closes Store in Binghamton
Dick’s Sporting Goods closed its store in Vestal, NY, while opening a House of Sport in nearby Johnson City.
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