Lululemon Athletica Inc. reported sales catapulted 88 percent in the first quarter year over year while gaining 25 percent on a two-year basis. Earnings rose sharply against the pandemic-impacted year-ago quarter and were well above Wall Street estimates.
Category: Apparel
Duluth Holdings Sees 24 Percent Q1 Revenue Gain
Duluth Holdings, the parent of Duluth Trading, slightly increased its annual outlook after reporting a profit against a loss in the first quarter. Sales grew 21.4 percent year-over-year.
The Buckle Announces Planned Retirement Of SVP Of Men’s Merchandising
The Buckle Inc. announced that Robert M. Carlberg, senior vice president of men’s merchandising, would retire from his position with the company at the end of the current fiscal year.
Ironton High School Signs Partnership With Nike
Ironton High School in Pennsylvania established a new athletic partnership with Nike and BSN Sports, a division of Varsity Brands.
Authentic Brands Group Completes Acquisition Of Eddie Bauer
Authentic Brands Group (ABG), and SPARC Group (SPARC) completed the acquisition of Eddie Bauer.
Hibbett Announces Expansion Of Stock Repurchase Authorization
Hibbett Sports Inc. announced an expansion of its 2015 Stock Repurchase Program.
Puma To Sponsor Boston 10K For Women
Puma has signed on as the official footwear and apparel partner of the Boston 10K for Women, presented by REI.
PVH Corp. Announces Leadership Updates
PVH Corp. announced that Mike Shaffer, chief operating and financial officer, will be leaving in September to pursue other opportunities while Abel-Hodges will be stepping down in July as CEO of Calvin Klein.
Amazon’s Prime Day To Be Held June 21-22
Amazon said its Prime Day sales event will be held June 21 and 22.
Fanatics Partners To Launch NFT Platform
Fanatics chairman Michael Rubin, cryptocurrency investor Michael Novogratz and digital media entrepreneur Gary Vaynerchuk have partnered to create Candy Digital, a company that will specialize in virtual collectibles and other NFTs.
Work Wear Safety Shoes Acquires My Boot Store
Work Wear Safety Shoes, based in Forth Worth, TX, announced that the company had acquired Lubbok, TX-based business, My Boot Store, to expand its offering in West Texas.
Moncler Appoints Chief Brand Officer
Moncler announced the appointment of Gino Fisanotti in the newly created position of Moncler chief brand officer, effective June 7. Most recently, he served as Nike’s first brand creative officer.
Hibbett Sports To Open Stores In Richmond And Tallahassee
Hibbett Sports plans to open a Hibbett Sports location in Richmond, VA and City Gear in Tallahassee, FL.
Dick’s Sporting Goods Announces Grand Opening Of Seven Stores
Dick’s Sporting Goods announced the grand opening of seven new locations, including its second Dick’s House of Sport in Knoxville, TN on June 4, one relocated Dick’s Sporting Goods, two newly redesigned Golf Galaxy locations and three Warehouse Sale locations.
Sequential Brands Delays Quarterly Report Filing
Sequential Brands said in a regulatory filing that its ongoing strategic review and related matters have resulted in a delay with finalizing its financial statements.
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