While the sporting goods giant logged a robust third quarter, officials warned that the company’s core apparel growth is slowing.
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Oakley, Ray-Ban Q3 U.S. Sales Impacted By MAP, Integration Efforts
No rose-colored glasses here. How the world’s largest sunglasses manufacturer is faring in its goal to clean up inventory and discounting of its products.
How Did Bill Murray Get His Own Golf Line?
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Liquidators Largely Prevail In Golfsmith Bankruptcy
While Dick’s Sporting Goods stepped up to keep about 30 Golfsmith stores open, the remaining 59 locations will face liquidation.
Skechers Q3 Hit By Domestic Weakness
A decline in the footwear brand’s domestic wholesale sales, attributed to U.S. retail bankruptcies and some trend shifts, could signal a bumpy ride for active lifestyle brands in the third quarter.
Boston, San Francisco Most Active Cities
Rounding out the top five are San Francisco, Chicago, New York City and Washington D.C.
Can A Deal With Under Armour Recharge Major League Baseball?
Under Armour reportedly will replace Majestic Athletic in 2020 as the official on-the-field jersey for MLB. Did the league want a hotter brand?
Wolverine Struggles To Find Growth
Citing a “tepid” and “grossly over-stored” U.S. retail market as well as challenges at its Merrell brand, the footwear company slightly reduced its sales outlook for the full year.
Where Are Sports Authority’s Key Personnel Landing?
Quite a few executives displaced by the liquidation of Sports Authority several months ago have already lined up new jobs, including some inside the sports industry.
The North Face Targets Urban Explorers With Concept Shop
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SurfStitch Appoints CFO
The online action sports retailer appointed Nigel Phillips as its chief financial officer and Stephanie Belton as company secretary.
Bass Pro CEO Talks Cabela’s Merger
Bass Pro Founder and CEO Johnny Morris reassured Cabela’s employees that he plans to retain a “significant” presence in Nebraska, but there will be some layoffs and co-branding between the retailers.
Team Dealers’ Growing Pains
Consolidation, technology and direct-to-consumer brands evolve the business.
Falling British Pound Hurts Sports Direct; CFO Resigns
Extreme swings in the pound are expected to reduce earnings by £15 million next year, the company warned.
Acquisition Talks With Performance Sports Group Heat Up
Owner of Bauer, Easton and Maverik says it’s had talks with interested parties, but no deal has been reached. This follows reports that Brookfield Asset Management Inc. is exploring a bid.
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