Boosted by a stellar performance from its Sports Fashion segment and a positive contribution from the recently-acquired Go Outdoors, JD Sports Fashion PLC reported profits before taxes climbed 32.7 percent in the first half ended July 29, to £102.7 million ($136.3 mm).
Category: Apparel
L.L.Bean To Open its Third Illinois Store In 2018
L.L.Bean continues its national retail expansion with the opening of its third Illinois store, scheduled to open the fall of 2018.
Dick’s Pledges More Than $5.5 Million Towards Hurricane Relief Efforts
Dick’s Sporting Goods, along with The Dick’s Sporting Goods Foundation, announced a $5.5 million commitment to support communities impacted by Hurricanes Harvey and Irma.
JD Sports Profits Jump In First Half
JD Sports Fashion PLC reported profits before taxes rose 33 percent in the first half ended July 29 on a 41 percent sales gain.
Irma Impact On U.S. Retail Could Reach $2.75 Billlon
Planalytics estimates that the potential economic impact for lost sales in the consumer and retail sector from Hurricane Irma is $2.75 billion. The weather-analytics company said its estimate was addition to the damage caused directly by the storm.
The North Face Announces 2017 Speaker Series Tour
The North Face announced the 2017 Speaker Series tour “Films from the Field.” Throughout the tour, members of The North Face Athlete team will show a collection of films and share never told stories of adventure.
Lacoste Acquires Tecnifibre
Lacoste has agreed to acquire French racquet and string manufacturer Tecnifibre.
Peak Sports Partners With Brazil Olympic Committee
Peak Sports, a Chinese sportswear and sports equipment firm, has established an across-the-board collaboration agreement with the Brazil Olympic Committee spanning the next two Olympic cycles.
Respect Your Universe Chosen To Be Showcased At Fancy’s NYC Store
RYU Apparel Inc. stated that RYU apparel and bags are being displayed and highlighted for sale at the Fancy pop-up shop located in New York City’s trendy NoLIta district.
Cabela’s-Bass Pro Merger To Close September 25
Cabela’s Inc. said in a regulatory filing that it expects to to complete its merger with Bass Pro on September 25.
Turtle Fur Picks Up Momentum Media PR
Turtle Fur retained Momentum Media PR as the brand’s agency of record.
Ironclad Performance Wear Files For Chapter 11
Ironclad Performance Wear Corporation, best known for its performance work gloves, plans to sell the business and Radians Wareham Holding Inc. is expected to become the stalking horse bidder to support a bankruptcy auction process.
Cherokee Lowers Full-Year Guidance On Transition Hurdles
Cherokee Global Brands lowered its outlook for the year in part because the transition of its flagship Cherokee brand away from Target to its new wholesale licensees has been slower than initially anticipated.
Zumiez’s Momentum Builds
Shares of Zumiez Inc. shot up on Friday after the action-sports themed chain reported better-than-expected fiscal second-quarter results and provided strong guidance for the third quater.
Aisle Talk, Week Of September 4
Top headlines from the active lifestyle industry you may have missed this week.
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