Adidas unveiled a scalable interactive exhibit celebrating its products and technologies that will appear at the country’s premier running events…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
WSS Supports Los Angeles County Alliance for Boys and Girls Clubs
WSS, the footwear retailer, donated $3,000 to each of the 27 Los Angeles County Alliance for Boys & Girls Clubs as part of the larger $250,000 donation announced in May…
Nike To Settle FuelBand Class Action Lawsuit With $25 Gift Card
Nike Inc. and Apple Inc. agreed to settle a class-action lawsuit that alleged the companies misled consumers about the accuracy of the Nike+ FuelBand device. Consumers who purchased the fitness tracker between January 19, 2012, and June 17, 2015, are elig
Deloitte Study: BTS Spending Expected to Decline
Deloitte found 38 percent of surveyed parents shopping for children in grades K-12 said the back-to-school shopping season is less important to their families because…
VF Corp Lifts FY Guidance After Strong Q2
VF Corp. reported second-quarter earnings rose 8.3 percent to $170.8 million, or 40 cents a share, exceeding Wall Street's consensus estimate…
Puma SE Widens Q2 Loss
Puma SE reported a loss of €3.3 million, stung by currency effects. Sales growth was seen across all regions, driven by footwear…
VF Hikes FY Guidance on Robust Q2
With another stellar performance from its triumvirate of outdoor brands – The North Face, Vans and Timberland, VF Corp. reported earnings and revenues that expanded at a double-digit rate on a currency-neutral basis in the second quarter while lifting its
Under Armour Q2 Benefits from Star Power
Benefiting from breakout events from several of its star athletes, Under Armour reported its 21st consecutive quarter of 20 percent plus net revenue growth…
Dick’s SG to Open Women’s Specialty Boutiques
Dick's Sporting Goods plans to launch Chelsea Collective, a specialty women's fitness and lifestyle boutique. The first two locations will open in August 2015 in Tysons Corner, VA, at Tysons Corner Center and Pittsburgh at Ross Park Mall…
Puma’s Q2 Loss Steepens on FX Woes
Puma SE reported sales growth across all regions, driven by double-digit gains on a currency-neutral basis in the footwear category and in the Americas region. But the continuing negative impact of currency fluctuations led to a net loss in the period…
Rocky Brands Q2 Earnings Jump 33 Percent
Boosted by strong gross margins and lower expenses, Rocky Brands Inc. reported profits rose 32.5 percent in the second quarter, to $2.0 million, or 26 cents a share, from $1.51 million, or 20 cents a year ago…
Keds Launches New Taylor Swift Campaign
Keds announces the launch of Ladies First Since 1916, a new global brand platform with a fresh perspective on what it means to be a woman today…
Skechers Signs Meghan Trainor
Skechers signed Grammy-nominated artist and songwriter Meghan Trainor, singer of the popular hit, “All About That Bass”…
NRF Cuts 2015 Forecast
The National Retail Federation (NRF) lowered its retail sales forecast for 2015 because of unexpected slow growth recorded during the first half of the year, similar to the industry’s experience in 2014. However, NRF expects sales will steadily incr
Under Armour’s Q2 Revenues Climb 29 Percent
Under Armour reported earnings slid 17 percent in the second quarter due to foreign exchange losses and higher expenses but exceeded Wall Street's consensus estimate by…
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