Lululemon Athletica Inc. reported earnings and revenue for the fourth quarter that easily surpassed Wall Street expectations and its revised guidance. The company’s reported adjusted diluted earnings per share were $1.33 while revenue was $928.8 million, above expectations of $1.27 and $912 million.
Category: Apparel

Adidas Signs Aaron Judge
Adidas announced a multiyear partnership with 2017 Major League Baseball (MLB) American League Rookie of the Year, outfielder Aaron Judge of the New York Yankees. Judge had been with Under Armour.

Smartwool Opens Its First Canadian Store In Banff
Smartwool opened its first Canadian retail location in the mountain town of Banff, Alberta.

Jordan Brand Adds Michael Thomas To Its Football Roster
Nike said Jordan Brand signed Michael Thomas, star wide receiver for the New Orleans Saints, as a brand ambassador.

SFIA Topline Report: Casual Participation Up, Core Participation Down
Americans continue to engage in a wide range of physical activities but with less regularity than in previous years, according to the 2018 SFIA Topline Participation Report, released today. Casual participation is growing, while core participation is declining, according to the report.

JD Sports Looks To Take On Foot Locker In U.S. Market
In a shocker, JD Sports announced plans to enter the U.S. marketplace through the acquisition of the beleaguered sneaker chain Finish Line. Analysts said the merged retailer’s combined buying clout presents a new threat to Foot Locker.
Antigua Group’s Gary Chittenden Earns PGA New York Region Sales Honor
The Antigua Group Inc., a designer and marketer of golf and sports apparel under the Antigua brand, has announced that Gary Chittenden has been named 2017 Northwestern New York Section PGA Sales Representative of the Year. Chittenden represents Antigua in the upstate New York and western New York sales area. He will receive his award […]

Nike Again Ranks As Most Valuable Apparel Brand
Nike again led Brand Finance’s annual listing of the world’s most valuable apparel brands, although it lost some value since last year. Rounding out the top ten were H&M, Zara, Adidas, Hermes, Louis Vuitton, Cartier, Gucci, Uniqlo and Rolex.
The Conservation Alliance Contributes $800,000 In Grants To 21 Organizations
The Conservation Alliance sent grants totaling $800,000 to 21 organizations working to protect wild places throughout North America.
Gander Outdoors Prepares For Grand Opening In Greenfield, IN
The 45,000-square-foot store will be one of three Gander Outdoor retail locations in Indiana.
Nike Acquires Data Analytics Leader Zodiac
Nike Inc. announced it has acquired Zodiac Inc., a leading consumer data analytics firm based in New York City and Philadelphia, as it accelerates its Consumer Direct Offense strategy to serve consumers faster and more personally at scale.
VF Corp. Receives National Award From The U.S. Association Of Former Members Of Congress
The Corporate Statesmanship Award recognizes outstanding corporate leadership and citizenship, including companies that exemplify service and commitment to improving the lives of others.

Carhartt And ’47 Expand Headwear Collaboration To All MLB Teams
Carhartt announced the expansion of the headwear collaboration and Outwork x Outroot campaign in partnership with ’47 to all MLB teams.
TYR Sport Re-Signs Craig Alexander
TYR Sport announced the re-signing of 3X Ironman and 2X Ironman 70.3 World Champion Craig “Crowie” Alexander to its roster of sponsored athletes.
3N2 Signs Philadelphia Phillies’ Aaron Nola
Philadelphia Phillies’ pitcher Aaron Nola signed an endorsement deal with baseball apparel and footwear company 3N2.