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.
Author: sportsoneauthor
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.
Brunswick Public Foundation Awards 2018 Grants
The Brunswick Public Foundation, a not-for-profit corporation affiliated with Brunswick Corp., today announced that seven organizations have received a total of nearly $235,000 in charitable grants for 2018.
Camber Outdoors Opens 2019 Professional Mentoring Program Applications
Camber Outdoors, the national organization committed to equity in the outdoors from the boardroom to the backcountry, opened applications today for the 2019 Professional Mentoring Program. Eligible candidates must apply by October 12, 2018.
Dick’s Sporting Goods Foundation Donates $50,000 To Annika Foundation
The Dick’s Sporting Goods Foundation on Wednesday announced a $50,000 Sports Matter donation to Share My Passion girls golf clinics, an initiative of LPGA legend Annika Sörenstam’s Annika Foundation.
NGF: Tariffs on Chinese Products Could Affect Golf Industry
Some sectors of the golf industry could find themselves in the rough as a result of the proposed tariffs on $200 billion worth of U.S. imports from China, among them golf bags, hats and mower parts, according to a recent report from the National Golf Foundation.
WFSGI To Host World Manufacturers Forum
The World Federation of the Sporting Goods Industry (WFSGI) will host the sixth annual World Manufacturers Forum in Ho Chi Minh City, Vietnam, December 11-12. The event, “Manufacturing 4.0: Steps Towards a Future Vision,” will feature a wide range of keynote speakers discussing academics, consumer goods, electronics and other sectors.
Vail Resorts Closes $64 Million Acquisition Of Stevens Pass Resort
Vail Resorts Inc. on Wednesday announced that the company has closed on the company’s acquisition of Stevens Pass Resort in Washington from Ski Resort Holdings LLC, an affiliate of Oz Real Estate.
Squaw Valley Alpine Meadows Appoints Ron Cohen President & COO
Squaw Valley Alpine Meadows and Alterra Mountain Co. announced Wednesday that Ron Cohen has been named president and COO of Squaw Valley Alpine Meadows. Cohen, who has served as interim president and COO at the resort since April, will move into the permanent position effective immediately.
Eventbaxx Expands In U.S. With San Francisco Office
Eventbaxx, which provides digital goodie bags for events, is opening an office in San Francisco, CA, to increase the company’s presence in the U.S. market.
Infinit Named Official Hydration Sponsor Of Interbike OutDoor Demo
Infinit Nutrition has been named the official hydration sponsor of the 2018 Interbike OutDoor Demo for the second year in a row.
ActiveWorks Endurance Expands Marketing Reach With Garmin Coach
Active Network, a provider of a suite of race management tools, has collaborated with Garmin International Inc. to integrate listings on Active.com with Garmin Coach through a new system integration (API), providing Active’s customers and their endurance events with expanded marketing reach.
July Retail Sales Increase 4.9 Percent Over 2017
July retail sales were up 0.4 percent seasonally adjusted from June and increased 4.9 percent unadjusted year-over-year, giving the industry a solid kickoff for the third quarter as consumers continued to spend despite concerns about the growing trade war, the National Retail Federation said Wednesday.
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