“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.”
Category: Apparel
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.
Pendleton Opens Stores In Spokane And Boise
Pendleton Woolen Mills, headquartered in Portland, OR, announced the opening of two new stores, Pendleton River Park Square in Spokane, WA and Pendleton Boise Towne Square in Boise, ID.
PHIT Act Earns 100th Co-Sponsor In Just Eight Months
Congress wants to lower costs to increase activity in America. On November 13, Congressman (Dr.) Paul Gosar (R-AZ) became the 100th House co-sponsor of The Personal Health Investment Today (PHIT) Act in 2017. The previous high was 89 co-sponsors over 2015/16.
Sport Chek’s Weak Sales Continue, Management Upbeat On Prospects
“There are aspects of the business we are pleased with and others that require attention,” said Stephen Wetmore, CEO and president of Canadian Tire, the owner of FGL Sports, of the business on his company’s third quarter conference call. “However, everything we look at is providing upside potential.”
Jordan Partners With Gatorade On ‘Like Mike’ Collection
The apparel collection is available now at select retailers. The Air Jordan VI and XXXII low release December 16.
Balega Opens Application For 2018 Impi Ambassador Team
Impi team members will represent Balega as brand ambassadors to help illuminate Balega’s core pillars: performance, excellence, harmony, creativity and community.
Grassroots Connect’s 2017 Fall Show Sees 13 Percent Attendance Increase
Organizers confirmed 982 total attendees including Grassroots member retailers and vendor partners, invited retailers and vendors, independent sales representatives, business services and media.Pre-booked appointments increased 8 percent to a total of 6,366.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal