Mizuno Corp. reported a small gain in its fiscal first quarter ended August 3 as strength in its home market of Japan helped offset a poor performance in the Americas region and the impact of currency-headwinds.
Category: Apparel
Mizuno’s Profits Dip in Fiscal Q1
Mizuno Corp. reported revenues dipped 0.8 percent in its fiscal first quarter ended Aug 3, to ¥48.4 billion.

Asics Sales Slide in First Half
Asics Corp. reported sales in the first half ended June 30 slid 5.0 percent to ¥210.7 billion. Operating income declined 8.8 percent.
Baseball’s Mo Vaughn Launches Big and Tall Men’s Clothing Line
Baseball’s Mo Vaughn launched his new big and tall men’s fashion line, MVP Collections, on August 8, 2016.
VF Corp. Recommends Shareholders Reject ‘Mini-Tender’ Offer
VF Corp. announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 2 million shares of VF common stock at a price of $59.75 per share in cash.

VF Corp. Appoints Jim Pisani As Timberland President
VF Corp. appointed Jim Pisani to the position of global brand president, Timberland, effective immediately.
K-Swiss Appoints VP of Sales
K-Swiss appointed Robert Brack as the new VP of sales for the K-Swiss brand.

Smartwool President Departs for Toms
Smartwool President Mark Satkiewicz is leaving the company to take a job as general manager of the Americas at Toms.

Outdoor Retailer Summer Market Surprises On The Upside
A welcoming surprise, Outdoor Retailer Summer Market 2016 was busy, upbeat and optimistic.

Danskin Leads Iconix’s Sports Brands in Q2
Iconix Brand Group said Danskin continues to find growth at Wal-Mart.

Top 5 Takeaways From Outdoor Retailer Summer Market – Day 2
Find out the top news and business trends from Day 2 of the OR show in Salt Lake City.

Aisle Talk, Week of August 1
The biggest promotions, acquisitions and strategies to hit the active lifestyle industry this week.
Zumiez’s Comps Dip In July
Zumiez Inc. reported same-store sales slid 2.9 percent in July compared to a sales decrease of 7.6 percent in the year-ago period.

Adidas Q2 Boosted by U.S. Momentum
Adidas AG reported sales grew 25.6 percent in North America in the second quarter, accelerating from a gain of 21.6 percent in the first quarter.
Sport Chek’s Comps Gain 7.2 percent in Q2
Canadian Tire Corporation, Limited reported second-quarter earnings rose 8.1 percent on a 2.9 percent sales gain.