Nordstrom Inc. on Thursday afternoon reported earnings per diluted share for the second quarter ended August 4 of 95 cents, exceeding company expectations and beating Wall Street estimates by 11 cents.
Author: SGB Media
The North Face Names Jean-Marc Djian VP Of Global Footwear
The North Face on Thursday announced the appointment of Jean-Marc Djian as vice president of Global Footwear, effective immediately. Jean-Marc will report directly to Arne Arens, global brand president.
Reebok Appoints Kelly Hibler To Lead Classics Business
Reebok on Thursday announced the appointment of Kelly Hibler as general manager, Reebok Classics business unit. He will report to Reebok President Matt O’Toole.
Airblaster Hires Kyle Phillips As Director Of Sales
Kyle Phillips has joined snowboard apparel and accessories brand Airblaster as sales director.
Carhartt, ’47 Kick Off 2018 NFL Season With New Collection
Global sports lifestyle brand ’47 and workwear brand Carhartt on Thursday unveiled the latest product in their collaboration series, this time with the National Football League (NFL).
Blain’s Farm & Fleet Announces Fourth Michigan Location
Family-owned and operated Blain’s Farm & Fleet has announced plans for the company’s fourth Michigan location in Ottawa County’s Holland Township. It is slated to open in the fall of 2019.
Gander Outdoors Announces 2 Store Openings
Gander Outdoors, formerly known as Gander Mountain, is now open in Watertown, NY, and Green Bay, WI.
Rebel Athletic, Eastbay Announce School Partnership
Rebel Athletic and Eastbay have announced that they are joining forces to offer a uniform, accessory and equipment solution for all school team sports in the U.S., including dance and cheerleading.
Primal Quest Names Official Outfitters For 2018 Race
Primal Quest has announced the official outfitters for the eighth edition of the adventure race. The new partners include mountain guide Rich Prohaska; the Executive Suites Hotel & Resort Squamish, Squamish Rafting Co. and outdoor gear and packs company OutThere USA.
Superflex Rebrands As Seismic, Acquires Assets of Lumo Bodytech
The company formerly known as Superflex announced Thursday the company has rebranded as Seismic and acquired the intellectual property (IP) of Lumo Bodytech, a motion science company known for the company’s posture-correcting and fitness devices.
REI Co-Op Appoints First Vice President Of Commerce And Experiences
REI Co-op has hired IT veteran Dan Shull to serve as the company’s first vice president of commerce and experiences. Shull will be responsible for the customer experience across all technology platforms, and will lead a team of more than 100 technology professionals.
Delta Galil Income Down On Acquisition Costs
Delta Galil Industries Ltd., the global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear, activewear and denim, on Thursday reported net income of $6.5 million for the second quarter ended June 30, including a one-time non-recurring charge of $3.95 million related to acquisition costs.
Dillard’s Beats Q2 Earnings, Revenue Targets
Dillard’s Inc. reported a net loss for the 13 weeks ended August 4 of $2.9 million, or 10 cents per share, compared to a net loss of $17.1 million, or 58 cents per share, for the prior year second quarter, beating Wall Street estimates by 35 cents.
J.C. Penney Q2 Revenue Sinks On Store Closures
J.C. Penney Co. Inc. on Thursday morning reported total net sales decreased 7.5 percent to $2.76 billion in the second quarter ended Aug. 4 primarily due to the 141 stores that closed in fiscal 2017.
Federal Judge Dismisses Rick Pitino’s Lawsuit Against Adidas
A federal judge has dismissed former Louisville coach Rick Pitino’s lawsuit against Adidas, agreeing with the sportswear maker that his claim requires arbitration and should be heard out of court, according to the Associated Press.
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