The National Retail Federation called new state privacy legislation expected to be signed into law in California Friday “deeply flawed” and said customer service could be severely hampered if the legislature fails to address retailers’ concerns before the measure takes effect in 2020.
Category: Apparel
Fila Doubles Distribution Center Footprint In Baltimore
Fila North America has more than doubled the company’s distribution center space, expanding the company’s presence in Baltimore. The company signed a 10-year lease, acquiring a space that sits adjacent to the current Fila facility
Nike’s Shares Pop On U.S. Recovery
Shares of Nike Inc. shot up $8.00, or 11.2 percent, to $79.70 to surpass an all-time high as the sports leader saw growth for the first time in four quarters in the U.S. The gains were boosted by the success of several break-through product launches and the payback of investments in direct-to-consumer and digital engagement.
Nike CEO Mark Parker On Company’s Digital Progress
Nike Inc.’s impressive fourth quarter saw balanced growth across regions and divisions, but the company’s digital gains were especially notable. A jump in digital sales was the result of an increased emphasis on platforms and not just products, according to CEO Mark Parker.
Aisle Talk Week Of June 25
Top headlines from the active lifestyle industry you may have missed this week, including Adidas announcing a potential data security incident.
Amer Sports Completes Peak Performance Acquisition, Appoints Board Member For Apparel
In conjunction with the acquisition to support growth across its apparel brands Arc’teryx, Salomon and Peak Performance, Jon Hoerauf, general manager Arc’teryx, has been appointed president Amer Sports Apparel Category and member of Amer Sports executive board.
Adidas Announces Data Breach
Adidas announced that the company is alerting certain consumers who purchased on Adidas.com/US about a potential data security incident.
Pearl Izumi Reveals Social Purpose Statement
Pearl Izumi announced that the company has embraced a new Social Purpose statement: “Ride More and Do More.” The brand also plans to introduce eco-friendly hangtags, will no longer print product catalogs and is introducing a Renewal Workshop program to repair and resell Pearl Izumi merchandise.
Dorel Sports Sells Sugoi And Sombrio To Louis Garneau Sports
Dorel Industries Inc. announced that the company’s Dorel Sports segment has sold the Sugoi and Sombrio brands to Louis Garneau Sports Inc., divesting the company’s performance apparel line of business to focus on the company’s core strategic businesses of bikes, parts and accessories and electric ride-ons.
Retailers Say Customer Service Will Suffer Under ‘Deeply Flawed’ California Privacy Law
The National Retail Federation called new state privacy legislation expected to be signed into law in California today “deeply flawed” and said customer service could be severely hampered if the legislature fails to address retailers’ concerns before the measure takes effect in 2020.
Does The Online Tax Ruling Even The Playing Field?
Many brick-and-mortar retailers hailed the Supreme Court’s ruling late last week that finally gave states the authority to require online retailers to collect sales tax. But interviews with a number of independent specialty retailers show many in the industry still face uphill battles competing with online selling.
Nike Q4 Sales Soar 13 Percent To Nearly $10 Billion
Nike Inc. reported fourth quarter revenue increased 13 percent to $9.8 billion, driven by strong double-digit revenue growth in international markets and Nike Direct globally and a return to growth in North America.
Under Armour Closes Philadelphia Brand House Location
Under Armour confirmed to the Philadelphia Inquirer that the company has closed the Brand House location in Philadelphia.
Camping World Announces Launch Of Gander RV Sales
Camping World Holdings Inc. announced plans to dramatically increase RV sales locations over the next 15 months through the launch of Gander RV Sales, new store openings and continued acquisitions. With 50 Gander Outdoors opened so far this year, 40 Gander RV Sales branded locations are projected to open by spring 2019.
New Balance Hires New Media Agency
New Balance has chosen Mediahub and the media arm of IPG-owned MullenLowe as the company’s U.S. agency of record following a review.
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