Grupo SBF SA, owner of Brazilian sporting goods chain Centauro, has requested authorization from securities industry regulator CVM for an initial public offering.
Category: Apparel

RYU Apparel’s Sales Double In Q3
RYU Apparel Inc., the urban athletic brand based in Vancouver, reported sales of $745,226 in the third quarter ended September 30, up from $331,700 during the same period in 2016.

The North Face Endurance Challenge Championships Hosts Thousands In San Francisco
Thousands of runners competed in The North Face Endurance Challenge Championships starting in Sausalito and ending in picturesque Crissy Field in the San Francisco Bay Area this past weekend. In its eleventh year, the race boasts a $30,000 prize purse for top finishers.

Hibbett Sports Hikes Outlook After Q3 Beat
Hibbett Sports lifted its outlook for the year after reporting that underlying sales trends significantly improved in the third quarter. Comps were down 1.3 percent versus an 11.7 percent tumble in the second quarter with notable improvement in footwear, apparel and team equipment.

Foot Locker’s Shares Skyrocket On Hopeful Forecast
Shares of Foot Locker Inc. vaulted $8.97, or 28.2 percent, to $40.82 on Friday after the sneaker powerhouse reported third-quarter earnings that topped Wall Street’s targets and indicated that results for the full year may exceed guidance. Foot Locker officials also outlined a number of steps it’s taking to revive top-line growth.

Aisle Talk, Week Of November 13
Top headlines from the active lifestyle industry you may have missed this week.

Athleta “On Fire” In Q3
“Simply put, Athleta is on fire,” said Art Peck, president and CEO, Gap Inc. “Top and bottom line momentum continues. We’re seeing exceptional growth outpacing the industry with operating margin expansion.”

Foot Locker Q3 Earnings Top Wall Street Targets
Richard Johnson, chairman and CEO, said in a statement, “Despite the highly promotional environment we still see in the marketplace, the availability of premium product is gradually improving compared to the first half of the year, and we believe we can achieve, and perhaps modestly exceed, the top- and bottom-line guidance we gave for the fourth quarter back in August.”

Hibbett Sports Lifts Outlook After Q3 Easily Tops Estimates
Hibbett Sports reported third-quarter earnings fell 47.9 percent but both earnings and sales easily topped Wall Street targets. Hibbett officials credited positive comps in footwear, significant improvement in branded apparel and strength online.

Wall Street Reacts: Dicks Q3
For the analyst community, Dick’s issuance of a poor outlook for 2018 indicates that the industry’s return to healthy, full-price selling will take longer than expected.

Outdoor Retailer Releases Floorplan For Outdoor Retailer + Snow Show 2018
More than 1,000 brands will fill three levels at the Colorado Convention Center.

Slowtide Partners With Acacia
The Magnolia towel is inspired by the tree found in Hawaii – where Acacia and Slowtide are rooted.
Smartwool Announces 2017 Agency And Rep Awards
Smartwool awarded High Plains Outdoor Group as the 2017 Agency of the Year, Patrick Manzer as 2017 Rep of the Year and Lynsey Cole as Key Account Rep of the Year.
Bon-Ton Stores To Close 40 Locations In 2018
The Bon-Ton Stores Inc. plans to close at least 40 locations in 2018 after reporting third-quarter results missed expectations.
Maloja Expands Sales Agency Teams In North America
Maloja, a performance apparel brand specializing in products for mountain sports enthusiasts, has expanded its rep team across the country.