Hibbett Sports significantly hiked its full-year guidance after reporting sales and earnings in the first quarter ended May 1 came in well ahead of Wall Street’s estimates. Mike Longo, CEO, said, “New customer retention, improved store level engagement, government stimulus, and access to coveted brand name products contributed to our comparable sales growth of 87.3 percent.”
Author: SGB Media
Hyosung Hires Global Marketing Team
Hyosung has hired industry veteran, Claire O’Neill, as its European marketing manager and appointed Hyosung veteran, Julia Nam, as its U.S. marketing manager effective immediately.
Gregory Drops Plus Sizing Pack Collection
Gregory announced it had released its plus-size backpack collection with 14 packs available for day hiking, hydration, multi-day backpacking, and lifestyle. The new collection offers sizing gaps and pack solutions for hikers and backpackers, which fit the apparel equivalent of 2x to 6x sizing. Its designers at Gregory worked with Jenny Bruso, founder, Unlikely Hikers, […]
Costa Sunglasses Releases Rincondo And Mayo Beach-Ready Frames For Summer 2021
Costa expanded its lifestyle collection for summer with two beach-ready lifestyle frames, the Rincondo and Maya. Each offers 580 color-enhancing and polarized lens technology, bio-resin frames and Hydrolite nose and temple grips. The Rincondo, a cousin to the Rincon and Rinconcito, offers a rounded lens shape and wrap. The women’s Maya lightweight has a […]
Roval Releases Terra CL
Roval released a wheelset borrowing performance benefits from its predecessor paired with the serviceability of its DT Swiss hub. The Terra CL uses the same light rim as the brand’s flagship Terra CLX model — constructed with a 33mm deep rim with a 25mm inner width. Terra CL uses a hooded bead and comes taped […]
Etnies Releases Devon Smillie’s Windrow Vulc Shoe
Etnies released Devon Smillie’s signature color of the Windrow Vulc in a white and gum with Etnies stylized “E” logo. Watch Devon here talk about the shoe’s release. The Windrow Vulc arrives in a single wrapped vulcanized constructed shoe. The shoe offers a Foam Lite 2 molded EVA footbed featuring Smillie’s signature Fuego logo […]
HitchFire Releases Ultimate Grill Station
Following the launch of its Forge 15 hitch-mounted grill last year, the company announced the addition of accessories to its flagship product to create its “Ultimate Grill Station.” This package includes the Forge 15 grill, a side table with a 15”x30” hard maple cutting board that mounts to the tubular swingarm, a side burner, an […]
RIA To Host In-Person Industry Event In September
The Running Industry Association (RIA) announced it would host an in-person industry event, Runchella, in Denver from September 27-29.
TJX Cos. Reinstates Share Repurchase Program
The TJX Cos. Inc. announced that its Board of Directors has reinstated its share repurchase program. TJX also announced the declaration of a quarterly dividend on its common stock of 26 cents per share.
Athleta Sees Sales Surge In Q1
Gap Inc. reported that Athleta’s net sales in the first quarter were up 56 percent versus 2019. Comparable sales grew 27 percent year-over-year and 46 percent versus 2019.
The Vitamin Shoppe Launches Franchising Model
The Vitamin Shoppe announced plans to offer franchising opportunities for the first time in its 44-year history.
Sports Memorabilia Platform Collectable Announces Additional $5.5 Million In Funding
Collectable, a sports memorabilia investment platform, announced it is raising an additional $5.5 million as part of a Series A funding round, led by Amplo, Bain Capital Ventures and Fifth Down Capital.
Shaquille O’Neal Invests In At-Home Fitness Startup Maxpro
Maxpro, a Detroit-based home-fitness startup, announced a strategic partnership with basketball Hall of Famer Shaquille O’Neal, who has invested in the company to reinforce its mission to help individuals of all fitness levels achieve their goals.
Under Armour Enters Into Exchange Agreements With Noteholders
Under Armour Inc. announced that it has entered into exchange agreements with certain holders of its 1.50 percent Convertible Senior Notes due 2024.
Inside The Call: DSW Remains Committed To Athleisure Despite Nike’s Pending Exit
On its first-quarter conference call, Roger Rawlins, CEO of Designer Brands and interim president, DSW, vowed to continue DSW’s push to become a much bigger player in the athleisure space while expressing confidence the chain would be able to secure enough inventory from other athletic vendors to replace Nike.
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