Top headlines from the active lifestyle industry you may have missed this week, including Tony Hawk announcing the launch of D/CAL, a hybrid brand consultancy and creative agency, with Adam Wilson, Jared Prindle and Ryan Maconochie.
Category: Apparel
The North Face Opens Lifestyle Concept Store In Williamsburg
The North Face on Friday opened a first of its kind retail experience, The North Face Prototype, in the Williamsburg neighborhood of Brooklyn, NY. This space represents the next phase in the brand’s retail offering with a focus on on a curated customer experience and expansion of its lifestyle business to support explorers on the mountain or in the city.
October Retail Sales Increased 5.6 percent
Retail sales in October increased 0.4 percent over September on a seasonally adjusted basis and were up 5.6 percent year-over-year unadjusted, according to calculations released by the National Retail Federation. The numbers exclude automobiles, gasoline stations and restaurants.
Roka Announces Direct To Consumer E-Commerce In Europe
Roka Sports Inc., the Austin, TX-based company best known for its technical sunglasses, announced the launch of its own direct to consumer e-commerce site and direct fulfillment in Europe.
Tony Hawk Establishes Brand Consultancy
Tony Hawk announced the launch of D/CAL, a hybrid brand consultancy and creative agency, with co-founders Adam Wilson (Carhartt, McGarryBowen), Jared Prindle (Tony Hawk Inc., 900 Films), and Ryan Maconochie (Arc, Leo Burnett, Trisect).
Nike Announces 10 Percent Increase In Quarterly Dividend
Said Mark Parker, chairman, president and CEO of Nike Inc. “This is our 17th consecutive year of increasing dividend payouts, and combined with the new four-year $15 billion share repurchase program announced this summer, this commitment shows our continued confidence in Nike’s ability to deliver sustainable, profitable, capital-efficient growth over the long-term.”
Nordstrom Lifts Guidance On Improved Q3 Earnings
Nordstrom said its third-quarter earnings excluding a special charge slightly exceeded the company’s expectations, reflecting continued top-line strength across its Full-Price and Off-Price businesses. Comparable sales increased 2.3 percent in the third quarter.
Delta Apparel Earnings Jump 59 Percent In Q4
Delta Apparel Inc. on Thursday reported diluted earnings per share for the fourth quarter ended September 29 climbed 59 percent to 43 cents a share, up from 27 cents in the prior-year fourth quarter.
Ron Parham Joins Cura Cannabis Solutions
Cura Cannabis Solutions, a provider of cannabis oil to both consumers and premium edible brands, has hired Ron Parham, a former VP at Columbia Sportswear, as VP investor relations.
Dillard’s Q3 Misses Wall Street’s Guidance
Dillard’s Inc. reported earnings in the third quarter came in well short of Wall Street’s targets as margin pressures offset a 3 percent gain in same-store sales.
Duluth Holdings To Open Store In Cary, NC
Duluth Trading Company announced the grand opening of its 46th store in Cary, NC.
JCPenney Withdraws Profit Outlook For Year
JCPenney lowered its sales outlook after reporting a shortfall in revenues in the third quarter. The department store also withdrew its guidance for earnings due to the hiring of a new CEO and an interim CFO.
Arena Signs Egyptian Talent Farida Osman
Arena announced that it has signed World Championship medallist Farida Osman in a sponsorship deal that runs through to the 2020 Tokyo Olympics. The 23-year-old Egyptian, a freestyle and butterfly sprinter, won the 50m butterfly bronze at the 2017 World Championships in Budapest.
New Era Plan To Close Derby Plant Causes Political Brouhaha
A number of legislators and union officials decried New Era’s plan to close its manufacturing plant in Derby, NY, the company’s only headwear-manufacturing facility in the U.S. Charles Schumer, the Senate Minority Leader who represents New York, said, “This is devastating news for Buffalo. I sincerely hope that New Era, a hometown Buffalo company, will reconsider.”
Canada Goose CEO: Baffin Is ‘Dream Acquisition’
Canada Goose Holdings Inc. President and CEO Dani Reiss couldn’t hide his excitement on Wednesday morning’s conference call with analysts when discussing the company’s recent addition of footwear maker and fellow Canadian and cold-weather brand Baffin Inc. “This is a dream acquisition for me as I’ve been watching and admiring Baffin for many years and I know them very well,” Reiss said.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal