Gildan Activewear Inc. reported earnings on an adjusted basis grew 3.6 percent in the third quarter, in-line with the company's previous guidance. But the company slightly lowered its guidance for the year due to retailer inventory replenishment chal
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Mark Parker Named Fortune’s Businessperson of the Year
Fortune magazine named Nike Inc. CEO Mark Parker its 2015 Businessperson of the Year. Other sports executives were honored by the magazine and their rank of its list included Morris Goldfarb, CEO, G-III Apparel, 26; Kevin Plank, Under Armour's CEO, 3
Report: Bass Pro Shops Casting to Buy Cabela’s
Bass Pro Shops is working with an investment bank on a potential offer for Cabela’s Inc., according to Reuters. At the same time, Cabela's has also recently begun to explore its options and has also reached out to private equity firms to solici
Gildan Activewear Again Cuts FY Outlook But Trends Improving
Gildan Activewear Inc. reported third-quarter earnings that arrived in line with expectations. But sales were below plan due to weakness in Its Branded Apparel segment and the company slightly reduced its guidance for the full year…
Dick’s SG Reveals Holiday Hours and Promotions
Dick's Sporting Goods stores will open from 6:00 p.m. to 2 a.m. on Thanksgiving Day, reopen at 5 a.m. on Black Friday and remain open until 10:00 p.m. that night…
Nordstrom Reports Q3 Comp Increase of 0.9 percent
Nordstrom Inc. reported its third quarter performance came in below company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories…
Runtastic Adds Strength Training And Nutrition to App
Runtastic, acquired by Adidas in August, announced the release of the Runtastic Results app on iOS and Android. The Results app features personalized training plans focused on building strength, decreasing body fat and increasing muscle definition…
Shoes.com Acquires Richer Poorer
Shoes.com has acquired the lifestyle sock brand, Richer Poorer…
Eddie Bauer Parnership With American Forests Turns 20
Eddie Bauer has partnered with actor and activist Ryan Reynolds to serve as the company's philanthropic ambassador for the next stage of its 20-year affiliation with American Forests…
FGL Sports Q3 Comps Jump 7 percent
Canadian Tire Corp. reported same-store sales at FGL Sports grew 7 percent in the third quarter. Comps at Sport Chek jumped 8.5 percent. Canadian Tire's overall earnings expanded 23.4 percent…
Brunswick Targets 7-9% Growth for Next 3 Years
At an investor meeting last week, Brunswick Corp. revealed a new three-year growth plan through 2018. Backed by a continuing, steadily improving global marine marketplace, revenue is projected to expand at a compound annual growth rate of 7 to 9 percent..
Kohl’s Q3 Comps Gain 1 Percent
Kohl's Corp. reported its net income in the third quarter was up slightly excluding non-recurring items. Same-store sales were up 1 percent…
Yue Yuen’s Nine Month Revenues Climb 6 Percent
Yue Yuen reported sales rose 5.8 percent in the nine months to $6.28 billion from $5.94 billion a year ago. Excluding non-recurring items, profits dipped 8.1 percent…
Sports Authority Announces 2015 Black Friday Doorbusters and Deals
Sports Authority revealed its 2015 Black Friday doorbusters and deals. Black Friday deals run Thursday, Nov. 26 through Saturday, Nov. 28. Doorbusters will be available Thursday and Friday only…
Phoenix Footwear’s Q3 Sales Dip
Phoenix Footwear, the parent of Trotters and SoftWalk, reported sales decreased 4 percent in the third quarter…
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