SFIA Argues Against Trade War

“SFIA believes a trade war will hurt American consumers, businesses and workers. It’s not clear how this gets resolved once it starts,” said SFIA CEO and president Tom Cove.

Fabletics Aiming For 100 Locations

TechStyle Fashion Group celebrated the five-year anniversary of Fabletics by announcing the next phase of retail and international expansion, enhanced collections, new additions to the leadership team and an aggressive vision for growth.

Asics Becomes IPC Official Supplier

The International Paralympic Committee (IPC) announced Asics as an official supplier until the end of 2020 in an agreement that will benefit a number of Para athletes and developing National Paralympic Committees (NPCs).

North Pole Engineering Acquires The Wahoo GEM Product Line

North Pole Engineering (NPE), a specialist in connected fitness and IoT technologies, announced the acquisition of Wahoo’s GEM product line. GEM is a Bluetooth and ANT+ OEM module built to integrate with fitness equipment like treadmills, stair climbers, rowers, exercise bikes, and ellipticals for sharing exercise data.

Jefferies Downgrades Genesco To Hold

Jefferies lowered its rating on Genesco Inc. to “hold” from “buy” due to expectations that Journeys’ sales will moderate in part due to expectations that Vans’ recently-robust gains will also show some moderation. The investment firm also cited risks around a Lids’ sale and the stock’s run up so far this year.