Wells Fargo downgraded Under Armour to “underperform” while lowering its estimates on Under Armour, Nike, Lululemon and Finish Line due to a slowdown in the athletic cycle.
Author: SGB Online
SSI Data: Yeti Gobbles Up Brand Share Despite Beverage Bottles Decline
Yeti remained the standout performer as it continued to gain brand share on top of being one of the few companies able to post significant gains in the trailing 13-week period.
DSW To Provide $110,000 In Grants To Support Families
DSW Inc. announced the company will be giving back to the community once again through its Shoe Lovers Care Leave Your Mark program.
Brooks Adds Henry Wynne to the Brooks Beasts Track Club
Brooks Running signed Virginia frontrunner Henry Wynne to the Brooks Beasts Track Club.
Under Armour Announces 2017 Tom Brady Asia Tour
The tour of Beijing, Shanghai and Tokyo over six days will include a sneak peek into the football legend’s holistic training regimen to showcase the importance of sleep and recovery.
Nike To Open Moscow Flagship
Nike will open a flagship store in Moscow on Air Max Day, March 26. The store is another one of its recent statement locations that “transform sport retail through digitally connected experiences.” Recent openings have included Nike Soho last year and Nike Miami and the Nike & Jordan Basketball Experience Store in Beijing this year. […]
MC Sports Retains Firm To Sell Leases
A&G Realty Partners will handle the sale of 58 MC Sports leases in seven states across the Midwest following the retailer’s Chapter 11 bankruptcy filing.
Pentland Brands Invests In SeaVees
The investment will support the Californian casual lifestyle sneaker brand’s ambition to grow the business within the U.S. and internationally.
OIA’s Board Encourages Members To Attend Outdoor Retailer Show
In a letter to the outdoor industry, the Outdoor Industry Association’s board applauded REI, Ibex and The North Face “and their call for industry unity by attending Outdoor Retailer this July while we work to find a more suitable venue for future shows.”
Adidas Signs Lionel Messi To Lifetime Contract
Adidas signed Lionel Messi to a lifetime contract, according to Cope. The signing was confirmed by Messi via a Facebook post.
Performance Sports Group To Be Sold To Sagard Capital And Fairfax Financial
Performance Sports Group Ltd said it would seek approval from a U.S. bankruptcy court for the sale of its assets to Sagard Capital Partners LP and Fairfax Financial Holdings Ltd after it failed to attract other bids in an auction process.
Formula4 Media To Launch Sportstyle Show
Formula4 Media is launching a Sportstyle Show in the Fort Lauderdale Convention Center from June 14-16, 2017.
Sisu Mouthguard Partners With U.S. Lacrosse
Sisu Mouthguard will become the official mouthguard of U.S. Lacrosse and Team USA.
Timbuk2 To Open Two New York City Stores
The first will open in Manhattan on October 15, followed by a Brooklyn store opening in November.
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