Perry Ellis International announced that its Board of Directors has elected J. David Scheiner as non-executive chairman. Scheiner succeeds George Feldenkreis, following the termination of Feldenkreis’ position as executive chairman.
Category: Apparel
Implus Donates 60,000 Pairs Of Socks To Hurricane Harvey Victims
Implus is partnering with Academy Sports + Outdoors to donate 60,000 pairs of socks to aid the victims of Hurricane Harvey in Texas and the Gulf Coast.
Academy’s Challenges Continue In First Half
Moody’s downgraded the debt ratings of Academy Sports + Outdoors due to “difficult market conditions, including a highly promotional environment for athletic apparel and weak demand for firearms and ammunition,”
Saucony Launches Freedom Track Club
Saucony expanded its commitment to athlete development with the launch of the Saucony Freedom Track Club, a Boston-based elite running group dedicated to developing future Olympic hopefuls.
Canadian Tire Supports Getting Kids With Disabilities Active
Canadian Tire Corp. announced a $50 million commitment over five years to Jumpstart Charities, in order to give Canadian kids with disabilities greater access to sport and play.
Moody’s Downgrades Academy’s Debt Ratings
Moody’s Investors Service downgraded its debt ratings for Academy Ltd. due to the “highly promotional environment” for athletic apparel and weak demand for firearms and ammunition.
Outdoor Research Partners With Locally
Visitors to the outdoor apparel brand’s website will be offered the option to purchase from retailers in their area who stock those items in their store.
Nike Faces Downgrades On Growth Concerns
Analysts from Susquehanna Financial Group and Jefferies on Tuesday lowered their earnings guidance and price targets on Nike due to further growth concerns. Susquehanna also lowered its stock rating on Nike.
Wells Fargo Downgrades Under Armour, Cuts Estimates On Athletic Sector
Wells Fargo downgraded Under Armour to “underperform” while lowering its estimates on Under Armour, Nike, Lululemon and Finish Line due to a slowdown in the athletic cycle.
Iconix Touts Its Active Brands Growth Potential
At CL King’s 15th Annual Best Ideas Conference 2017, Dave Jones, EVP and CFO of Iconix Brand Group, said many of the company’s active brands continue to offer the most growth potential for the company. Mossimo, Starter, Ocean Pacific, Umbro, Danskin and Pony were all called out.
Teamwork Partners With Major League Baseball Players Association
Teamwork Athletic, based in San Marcos, CA, has secured the rights to manufacture apparel for each active roster player in the Major League Baseball Players Association and Major League Baseball Hall of Fame.
U.S. Ski And Snowboard Hall Of Fame Announces Incoming Class Of 2017
The eight noted skiing athletes and sport builders include Eddie Ferguson, Herman Goellner, Marty Hall, Mike and Steve Marolt, Steve McKinnney. Shaun Palmer and Thom Weisel.
Fabletics Expands Into Footwear
The brand co-founded by Kate Hudson will introduce 11 styles comprised of training shoes, slip-ons, booties, lifestyle sneakers and high tops for women.
Kohl’s Announces Amazon Returns At Select Kohl’s Stores
Kohl’s announced that 82 stores across Los Angeles and Chicago will be offering free, convenient returns for Amazon customers starting in October.
Dick’s Announces Team USA Contenders Roster
Ashley Wagner and Alex Rigsby headline the roster of winter U.S. Olympic and Paralympic Contenders that are being supported by the Dick’s Sporting Goods through flexible employment or sponsorship agreements.
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