Apparel and footwear retailer Zumiez Inc. reported a net loss of $2.6 million, or 10 cents per diluted share, in the first quarter of fiscal 2018 ended May 5, compared to a net loss of $4.4 million, or 18 cents per diluted share, in the prior-year first quarter. The company beat analysts’ consensus estimates by 2 cents per share. Total […]
Category: Apparel
Tasc Performance Partners With PGA Tour
Tasc Performance, the maker of performance-lifestyle apparel, announced the brand’s first partnerships in professional golf.
NRF: Retail Imports To Hit Record Numbers This Summer
Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates.
Puma Launches Global Media Review
Puma has launched a global agency review. The company has been working with Publicis Media’s Blue 449.
Russell Athletic Finds Way Back To Team Uniforms
Russell Athletic, which last September decided to exit the team uniform business, is returning to the category with a new partnership with Augusta Sportswear. In an interview with SGB, Matt Murphy, Russell Athletic VP of marketing, said the company had been looking for the “right partner to represent the brand and the positioning of the brand. So it took a little time.”
CEO: Duluth Pursuing Omnichannel With ‘Strong Conviction’
Duluth Holdings Inc., parent of Duluth Trading Co., is moving into a “true omnichannel environment with strong conviction,” according to CEO Stephanie Pugliese, who outlined the apparel and accessories company’s progress on this pursuit in Tuesday’s earnings call with analysts.
G-III Apparel Blows Past Targets In Q1
Carried by strength across nearly all the company’s collections, G-III Apparel Group Ltd. reported first-quarter earnings that ran well past guidance.
NRF/University Of Florida Survey: Retail ‘Shrink’ Decreased In 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes, according to the annual National Retail Security Survey released Wednesday by the National Retail Federation and the University of Florida.
Russell Athletic Partners With Augusta Sportswear
Russell Athletic and Augusta Sportswear have announced a strategic partnership to bring Russell Athletic uniforms back to the team sports channel. With this partnership, Augusta Sportswear becomes the official team sports partner of Russell Athletic and will exclusively manufacture, market and sell team uniforms and other team-specific products.
Jon Sinko Joins Element from Adidas
Element announced the addition of Jon Sinko to the company as VP, global merchandising and design, overseeing the brand’s product function globally.
Lids’ Q1 Performance Sends Genesco Stock Tumbling
Weakness at Lids Sports Group and shares of Genesco Inc. tumbling 9 percent Tuesday overshadowed an otherwise decent Q1 performance that saw the parent company of a variety of retail brands beat Wall Street estimates on income and revenue.
Duluth Holdings Beats On Income, Misses On Revenue
Duluth Holdings Inc. reported first-quarter net income that beat analysts’ estimates and revenue that fell short. The apparel and accessories company posted a net loss of $0.7 million, or 2 cents per diluted share, compared to net income of $0.4 million, or 1 cent per diluted share in the prior year-first quarter. Analysts expected a loss of 5 cents per share.
Adidas Sees Record World Cup Jersey Revenues
In an interview with Bloomberg, Adidas CEO Kasper Rorsted predicted that unit sales of jerseys at this year’s World Cup will exceed the 8 million Adidas sold in 2014.
Gracedbygrit Acquired By Hylete
Gracedbygrit has been acquired by Hylete. Both are digitally-native women’s athletic apparel brands.
Montane Expands U.S. Sales Force In Key Markets
Neskowin Outdoor Inc., the North American brand management and distribution firm for Montane, a leading U.K.- based technical apparel brand, announced the expansion of the brand’s North America sales presence.
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