NSGA’s Hall of Fame Committee elected Bob Dickman, BSN Sports, Richmond, Ind., and Ronny Flowers, Athletic Supply, Inc., Odessa, Texas, to join the organization’s Hall of Fame in 2019.
Category: Apparel
SIMA Appoints New Board President And Vice President
Kelly Gibson is stepping down as CEO of Rip Curl position to pursue new opportunities and is therefore also stepping down as SIMA president. SIMA’s board of directors appointed Shannan North of Billabong to fill the vacated president position.
Under Armour Returns As 3M Half Marathon Presenting Sponsor
High Five Events announce the return of Under Armour, Inc. as the presenting sponsor of the 3M Half Marathon in Austin.
Serena William’s Catsuit Faces Ban At French Open
The French Tennis Federation is introducing a dress code at the French Open beginning in 2019 that drew particular attention for banning Serena William’s figure-hugging black “catsuit.”
Walmart Introduces Premium Outdoor Site Curated By Moosejaw
Walmart.com on Monday opened a Premium Outdoor Store curated by Moosejaw. This marks the first time that Walmart is creating an online store on the company’s flagship site for one of the company’s acquired specialty retailers.
Stage Stores Widens Q2 Loss
Stage Stores Inc. reported that for the second quarter, comparable sales decreased 0.2 percent. Loss before income tax was $16.8 million compared to a loss before income tax of $9.6 million in the second quarter 2017, driven by investments in the growth of the off-price business, additional supply chain costs, and increased promotional markdowns.
Ross Stores Lifts Store-Growth Targets
Ross Stores reported net earnings in the second quarter rose 22.7 percent as same-store sales grew 5 precent. The off-pricer also increased its long-term store growth potential.
The Buckle’s Earnings Climb
The Buckle Inc. reported net income improved 36.5 percent to $15.7 million, or 32 cents per share, compared with $11.5 million, or 24 cents, for the second quarter of fiscal 2017.
Unifi Championed Recycling At The Wyndham Championship
Unifi and the Wyndham Championship raised awareness around the importance of plastic recycling during the 79th annual Wyndham Championship in Greensboro, NC, on August 13-19.
Adidas And Billie Jean King Launch ‘Here To Create Change’ Campaign
Unveiling research that shows that less than 1 in 3 girls continue to play sport after school, Adidas kicked off Here to Create Change, which commits to breaking down the barriers that see nearly 1.7 million potential female athletes quit playing in NYC alone.
Fabletics Founder Kate Hudson Partners With New York & Company
New York & Company Inc. announced a partnership with Kate Hudson, the award-winning actress and co-founder of Fabletics.
L.L. Bean Makes Multi-Million-Dollar Commitment To National Parks
L.L. Bean is extending its support of the national parks community with a multi-year, $3 million premier partnership with the National Park Foundation for the Find Your Park/Encuentra Tu Parque movement.
Hibbett Sports Shares Tumble 30 Percent After Q2 Miss
Shares of Hibbett Sports Inc. plummeted $8.88, or 30.2 percent, to $20.53 Friday after the company earlier in the day announced a second-quarter loss—Wall Street had expected a profit—and lowered guidance for the rest of 2018.
Foot Locker Not Yet Feeling Nike’s Resurgence
Shares of Foot Locker Inc. fell $4.88, or 9.2 percent, to $48.32 Friday after the sneaker leader reported second-quarter comps that came in slightly below Wall Street’s expectations. Foot Locker officials also continue to expect meager gains in the back-half of the year despite the hype around Nike’s return to growth in North America.
Aisle Talk Week of August 20
Top headlines from the active lifestyle industry you may have missed this week, including 5.11 opening a new store in Reno, NV, as part of a nationwide brick-and-mortar retail expansion.
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