GOAT, the world’s leading digital sneaker marketplace, announced a merger with sneaker consignment pioneer Flight Club. The merger brings together two leading brands in the sneaker space. Along with the merger, GOAT and Flight Club announced a new funding round of $60 million led by Index Ventures.
Category: Apparel
Canada Goose’s Sales Jump 27 Percent In Q3
Canada Goose Holdings Inc. reported profits in the third quarter ended December 31 climbed 60.9 percent as sales grew 27.2 percent.
HanesBrands Revenues Climb 4 Percent in Q4
HanesBrands reported fourth-quarter net sales increased 4 percent to $1.645 billion. Organic sales, which exclude acquisitions under a year old, increased 2 percent in constant currency in the fourth quarter, the second consecutive quarter of organic growth. Champion sales were up 15 percent.
Amer Sports Sees 4 Percent Q4 Revenue Growth
Amer Sports reported operating earnings in the fourth quarter before special items rose 13.9 percent as revenues grew 9.0 percent on a currency-neutral basis. The gains were led by the Fitness segment, up 12 percent, and Outdoor, 11 percent. Ball Sports inched up 1 percent.
Mizuno Sees Profits Rebound In Nine Months
Mizuno Corp. reported a significant improvement in earnings in the nine months ended December 31 with the help of lower operating expenses and improved margins. Sales dipped 1.6 percent with sales in the Americas region off 9.8 percent.
Off Broadway Shoe Warehouse Launches Puma Shop
Off Broadway Shoe Warehouse has launched the Puma Shop – a concept that is exclusively available at the footwear retailer’s Los Angeles location.
Puma Partners With Senegal Football
Puma and the Senegalese Football Association mutually announced a long-term agreement that will see the “Lions of Teranga” outfitted in the Puma brand beyond the 2018 FIFA World Cup in Russia.
Dick’s Seen Benefiting From Eagles Win And Bat Regulation Changes
J.P. Morgan reiterated its “Overweight” rating on Dick’s Sporting Goods as it expects a “near-term comp” benefit from the Philadelphia Eagle’s Super Bowl win and an equal benefit from new Little League bat regulation.
Zumiez’s January Comps Climb 6.3 Percent
Zumiez said it now expects fourth quarter earnings to arrive toward the high-end of it most recent guidance due to robust January comps.
New Balance Launches “Fearlessly Independent Since 1906” Campaign
New Balance announced the launch of Fearlessly Independent Since 1906 – its new inspirational global brand communication platform that reflects the heritage and non-conventional values of the global sports company. New Balance ambassadors including Francisco Lindor, Rose Lavelle, Paul Rabil, Jurgen Klopp, Brenda Martinez and PJ Ladd are in the campaign.
Meteorite PR Names Hunter Marvel Vice President Of Marketing & Operations
Meteorite PR, the Boulder-based leader in small-batch outdoor focused public relations, has named Hunter Marvel vice president of marketing & operations.
Downlite Celebrates 35th Anniversary With New Initiatives
For its 35th anniversary, Downlite is revamping its sustainability, e-commerce, consumer insights, quality and compliance, and stewardship efforts.
Vans Appoints Executive Creative Director
Vans hired Erwin Federizo, most recently at Wieden + Kennedy New York, as global executive creative director. Joyce Ha will oversee global men’s apparel and accessories merchandising as well as Vans’ Active merchandising and design.
Toad&Co Appoints VP Of Product And Merchandising
Toad&Co, the lifestyle company inspired by the outdoors, announced the addition of Kyle Boettcher, formerly from Abercrombie & Fitch, to its senior leadership team as vice president of product and merchandising.
National Girls & Women In Sports Day Held On Capital Hill
A coalition of champion athletes and women’s rights activists arrive on Capitol Hill on Wednesday to celebrate the 32nd annual National Girls & Women in Sports Day (NGWSD), a national observance celebrating the extraordinary achievements of girls and women in sports.
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