Citing concerns about cannibalization as well as the ongoing shift towards online spending, Dick’s SG last week sharply lowered its planned store growth over the next three years and its overall fiscal 2017 revenue targets. “We feel based on t
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Smith and Wesson Lifts Q4 Guidance
Smith & Wesson Holding Corp. updated its guidance for its fourth quarter and 2015 fiscal year, which ends April 30. The company indicated that orders throughout its quarter have been stronger than originally anticipated…
Zalando’s Q1 Results Beat Plan
Zalando SE, the German fashion e-tailer, reported group revenues and adjusted EBIT exceeded expectations in the first quarter, mainly due to a strong start on the spring/summer season across Europe and the UK…
Play It Again Parent Shows Profit Gains
Winmark Corporation, the parent of Play It Again Sports, reported net income for the first quarter ended March 28 of $6.05 million, or $1.17 cents a share, a gain of 29.2 percent against the year-ago period…
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Eddie Bauer Celebrates 20th Anniversary with American Forests
In celebration of Earth Day, Eddie Bauer announced, in association with American Forests, a goal of planting 500,000 trees in 2015. This initiative marks the 20th anniversary of Eddie Bauer's “Add a Dollar, Plant a Tree” campaign…
Skechers Signs Sugar Ray Leonard to Support Relaxed Fit Campaign
Skechers USA, Inc. signed boxing great Sugar Ray Leonard for a campaign to support its Relaxed Fit collection…
New Balance Launches Fitness Challenge
In partnership with New Balance and Playworks, Curtis Granderson and the Grand Kids Foundation announced the creation of the New Balance Fitness Challenge, a six-week program to help promote healthy lifestyles for youngsters…
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Brown Shoe To Rebrand to Caleres
Brown Shoe Company said that following its annual shareholder meeting on May 28, 2015, it will change its name to Caleres. The company is also launching a men's footwear business under the Brown Shoe Bootmakers brand….
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Target to Launch “C9 Challenge” Group Fitness Class
Target is partnering with Life Time Fitness around the launch of “C9 Challenge,” a group fitness class that also highlights C9 Champion, Target’s exclusive activewear line for men, women and kids…
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Mizuno Names Agency of Record
Mizuno USA has appointed 22squared as its agency of record (AOR) in the Americas region, following a competitive review…
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Adidas, BAA and Marathon Sports Open First RunBase in U.S.
Adidas and the Boston Athletic Association (B.A.A.), organizer of the Boston Marathon, officially opened the Boston Marathon RunBase in partnership with Marathon Sports, Inc…
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Vibram Relaunches Boston Newbury Street Store
Vibram has updated its flagship Boston Newbury Street Store. The retail shop has been refreshed with a brand experience that celebrates 70 years of soling heritage and showcases the latest products for today’s footwear consumer…
Report: Nike Close to NBA Deal
Nike is near a deal to replace Adidas as the uniform provider for the NBA, according to a report in The SportsBusiness Journal. In early March, Adidas said it would not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season,
Holloway Sportswear Adds Two New Sales Reps
Holloway Sportswear announcing the hiring of two reps representing Minnesota and South Dakota…
Zamst Signs Anaheim Ducks’ Captain Ryan Getzlaf
Zamst, a leader in sports prevention and protective equipment, announced a partnership with professional ice hockey center and Captain of Anaheim Ducks, Ryan Getzlaf…