Lululemon Athletica, Inc. said it expects sales and earnings from the holiday quarter to come in near the low end of its previous forecasts amid renewed COVID-19 challenges.
Category: Apparel
SFIA Elects New Chairman
The Sports & Fitness Industry Association (SFIA) announced the election of Jonathan Ram, group president, Global Activewear, HanesBrands Inc., as chairman of the SFIA Board of Directors from 2022-2023.
Under Armour And BSN Sports Named Official Outfitters Of ABF Athletics
The ABF Academy Athletic Department announced that Under Armour in partnership with BSN Sports will become the official outfitter of ABF Athletics effective immediately.
Retail Import Growth Levels Out But Volume Remains High
After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022 but volumes will remain high, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Mastercard: Sales Grew 7 Percent In December
Retail sales excluding auto in December rose 6.9 percent compared to December 2020 and gained 8.1 percent against December 2019, according to Mastercard SpendingPulse.
Delta Apparel Announces Stronger Than Expected First Quarter Sales
Delta Apparel expects stronger than anticipated sales growth in the first quarter ended January 1. Delta Group and the Salt Life Group each achieved double digit growth in the quarter.
PGA Show Enhances Safety Measures For Upcoming Show
The 2022 PGA Show organizers said it has implemented enhanced health and safety measures following CDC guidelines, local public health guidance and host venue protocols for its scheduled in-person Orlando, FL show to be held from January 25-28.
Golftec Opens Location Outside Of Seattle
Golftec announcing the opening of an instruction and club fitting center in Bellevue, WA.
USA Triathlon Appoints Board Members
The National Governing Body of USA Triathlon announced that three independent directors were appointed to its Board of Directors—Felix Stellmaszek, San Francisco, CA and the re-appointment of Henry J. Brandon III, Los Angeles, CA and Monica Paul, Dallas, TX.
The Buckle’s December Comp Sales Rise 17.7 Percent
The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, for the 5-week period ended January 1, 2022, increased 17.7 percent.
HitTrax And MLB Enter Licensing Agreement
InMotion Systems, creator of the HitTrax baseball system, and Major League Baseball have entered into a licensing agreement that allows HitTrax to incorporate MLB assets and trademarks directly into its platform.
Lululemon Names New CEO Of Mirror
Lululemon Athletica, Inc. announced the appointment of Michael Aragon as CEO of Mirror and Lululemon Digital Fitness, effective January 17, 2022. He was the chief content officer at Twitch.
Employees Purchase Kitsbow With Backing From NC Investors
Kitsbow, the maker of cycling clothing and accessories, announced it was purchased on January 3, 2022 by its employees, with assistance from local North Carolina investors, after ten years as a privately owned company.
Dick’s SG Raises Full-Year Outlook
Dick’s Sporting Goods Inc. in a regulatory filing Thursday raised its guidance for the full year and provided fourth-quarter earnings guidance that was well above Wall Street’s consensus target.
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