Asics reported earnings fell 70.7 percent in the six months ended June 30 as sales slid 5.4 percent. In the American region, sales plunged 22.4 percent.
Category: Apparel
Randa Accessories Ups Bid For Perry Ellis
Perry Ellis International Inc said the company had received a revised buyout offer of $28.90 per share from Randa Accessories Leather Goods.
Clemson, Nike Announce New 10-Year Deal
Clemson Athletics and Nike reached an agreement for a 10-year, $58 million extension to their all-sport partnership.
Nike Declines To Renew Jameis Winston’s Contract
Nike has opted not to renew the company’s endorsement contract with Tampa Bay Buccaneers quarterback Jameis Winston, ESPN reported.
Denver Delivers Again At ORSM
In its second Outdoor Retailer show, Denver delivered steady traffic, busy booths and plenty of energy at Outdoor Retailer Summer Market, according to interviews with a number of exhibitors and a few retailers. A change of scenery after 20 years in Salt Lake City is also clearly being welcomed by many attendees, but the upbeat moods appear to underscore a healthier industry.
Aisle Talk Week of July 30
Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.
July Retail Jobs Increase 66,000 Over 2017
Retail industry employment in July increased by 66,000 jobs unadjusted over the same time last year showing on-going industry growth, the National Retail Federation said Friday.
Filson To Open Store In Boston
Filson will open the company’s first store in Boston in the Seaport District. The new 3,177-square-foot store at 52 Seaport Blvd. will open on August 16.
NRF Calls Tariffs “Doubling Down” On Harm To U.S. Consumers And Workers
NRF President and CEO Matthew Shay said, “Tariffs are an unacceptable gamble with the U.S. economy and the stakes continue to rise with no end in sight.”
Audax Private Equity Acquires Revolution Dancewear
Audax Private Equity partnered with management to acquire Revolution Dancewear, a leading global supplier of dance recital costumes, competition costumes, footwear and dancewear.
Mitre Replaces Nike As FA Cup Ball Supplier
The English Football Association has entered into a partnership with British football equipment manufacturer Mitre. Mitre replaces Nike.
Gildan Activewear Adeptly Navigates Q2 Supply Chain Disruption
Labor strikes and political unrest have hindered the movement of goods across and out of Nicaragua, where Gildan Activewear operates three of the company’s 13 sewing facilities, but not even these disruptions could dampen the apparel manufacturer’s second quarter.
Respect Your Universe Opens First U.S. Store
RYU Apparel Inc., creator of urban athletic apparel, announced the opening of the company’s first U.S. retail store and the debut of ‘Your Universe’ campaign.
Unifi Seeing Some Benefits From Pricing Adjustments
Unifi Inc.’s adjusted earnings declined in the fourth quarter ended June 24 due to spiking crude oil prices. But the recycled fiber specialist saw healthy top-line growth and gross profit and operating income for the fourth quarter improved compared to the third quarter with the help of pricing adjustments.
Unifi Elects Board Member
Unifi Inc. announced the election of Eva Zlotnicka to the Board of Directors.
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