In the running category that Under Armour offered for more than $100 last year. This year that number doubled to eight, and next year the company projects to have 14 by spring. Under Armour is attempting to steadily earn more space in the category.
18 Of 31 Leases
Acquired by Dick’s Sporting Goods from the bankrupt Sports Authority are located in Florida and California. This will allow Dick’s to expand to territories unpenetrated in the past, much like the retailer’s upcoming openings in Houston, TX, where Dick’s will enter for the first time with six Dick’s Sporting Goods, two Golf Galaxy stores and two Field & Stream sites.
Tent camping visits reported by The National Parks Service for the month of August 2016, compared to year-ago levels. Backcountry visits also fell by 23,663 from last year; however, the first eight months of 2016 succeeded year-ago overall visitations by an increase of 3.89 percent.
Decline in comparable-store sales for Zumiez Inc. according to its second-quarter results. The decline was on top of a 4.5 percent drop in the same period a year ago; however, the results were better than the company had projected in previous estimates of 6 percent to 8 percent.
Growth in operating income in the Titleist golf club segment in the first half of 2016. The increase, reported by parent company Acushnet Holdings Corp. ahead of its IPO, was due to higher average selling prices on wedges and irons, along with increased sales. Titleist golf ball sales declined 2.8 percent.
In Pacific Sunwear of California debt to be converted to equity by Golden Gate Capital, who won the bid to pull the action sports lifestyle retailer out of Chapter 11 reorganization. An additional $20 million will be committed back into the retailer by the private equity group, but it also expects to close more than 100 PacSun stores in the coming years.
Projected reduction in annual costs by Newell Brands Inc. by 2019, as it expects to wind down businesses that it does not think can sell, eliminate duplicate spending, reduce supply chain complexity, taxes and working capital.