Under Armour unveiled its Rule Yourself marketing campaign, which defines the brand’s vision for training as a lifestyle. The 60-second “Anthem” spot and a series of shorter films that will debut this fall season showcase the self-discip
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sports Authority Announces Second Annual Online Sniagrab Sales Event
Sports Authority announced the launch of its second annual online Sniagrab sales event beginning August 28. Sniagrab (“bargains” spelled backwards) is touted as the the world’s largest ski and snowboard sale…
Skechers Announces Three-for-One Stock Split
Skechers USA, Inc.'s board of directors approved a three-for-one split of the company’s Class A and Class B common stock that will be distributed in the form of a stock dividend. “Our decision to adopt this stock split is another indicati
Atavus Creates Technical Advisory Board
Atavus announced the creation of Atavus Technical Advisory Board to provide guidance and first-hand insights on the needs of football coaches as the company continues to build out its Tackle Plan program. Launched this summer to improve the efficiency and
X2 Biosystems Partners with Mississippi High School Activities Association
The Mississippi High School Activities Association (MHSAA) launched a concussion safety pilot program during the 2015-2016 school year in partnership with X2 Biosystems and the Mind Matters Foundation…
Macy’s to Sell Fitbit
Fitbit has expanded its distribution to Macy's, the largest department store operator, according to a report from Piper Jaffray…
Belk to be Acquired by Sycamore Partners
Charlotte, N.C.-based Belk, Inc., the nation's largest family owned and operated department store, entered into a definitive merger agreement to be acquired by New York-based private equity firm Sycamore Partners. The purchase price values the firm a
The North Face Gains Exclusive with iFabric
The North Face has secured an exclusive four-year license to use PROTX2 in all products that integrate anti-microbial technologies, according to IFabric Corp., a subsidiary of Intelligent Fabric Technologies (North America) Inc…
Foot Locker’s Q2 Profits Climb on 9.6 Percent Comp Gain
Foot Locker Inc. reported second-quarter earnings jumped 29.3 percent to $119 million, or 84 cents per share, easily exceeding Wall Street's consensus estimate of 69 a share. Comps grew 9.6 percent. Said Richard Johnson, president and CEO. “We contin
Foot Locker’s Q2 Profits Surge
Led by basketball and lifestyle running footwear, Foot Locker Inc. reported second-quarter earnings jumped 29.3 percent, to $119 million, or 84 cents per share. Results handily exceeded Wall Street's consensus estimate of 69 a share…
Xero Shoes Hires Former Crocs Chief Sales Officer
Xero Shoes has appointed Mike De Bell, former chief sales officer for Crocs, as its VP of global sales…
Under Armour Elite 24 Games Start Friday
The Under Armour Elite 24 basketball tournament, which features the nation's top high school players, kicks off Aug. 22 at Brooklyn Bridge Park Pier 2 on the East River…
Perry Ellis Lifts FY Guidance on Strong Q2
Perry Ellis International Inc., which owns a number of golf brands and Nike Swim, raised its full-year EPS guidance after reporting stronger than expected second quarter results. The company trimmed its net loss in the quarter to $1.3 million, or 9 cents
The Buckle’s Q2 Earnings Dip
The Buckle Inc. reported net income declined slightly in the second quarter, to $23.5 million, or 49 cents a share, from $24.5 million, or 51 cents, a year ago…
Stage Stores Q2 Misses Plan
Stage Stores Inc. reported reported net income in the the second quarter tumbled to $1.6 million, or 5 cents a share, from $11.2 million, or 35 cents, a year ago. It also launched a multi-year plan to close approximately 90 underperforming stores represen
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