Consolidated same-store sales are currently expected to decline in the low single digits in the third quarter
Category: Apparel
Ironclad Postpones Q2 Report; Updates Outlook
The company now estimates that net sales will be in the range of approximately $20 million to $22 million
Under Armour CEO Resigns From Trump Business Council
Kevin Plank Resigns Exits Trump’s American Manufacturing Council Over Weak Response to Charlottesville Violence
VF Corp. To Acquire Dickies Parent in $820 Million Deal; Raises 2017 Outlook
VF Corp. revenue is now expected to reach $11.85 billion in 2017, up 3.5 percent on a reported basis (up 4.5 percent currency neutral), and includes about a $200 million contribution from Williamson-Dickie.
Polygiene Names Commercial Operations Director For North America
Judd Salvas will be based in Park City, UT and is responsible for managing all commercial activities within North America.
Camping World Lowers Re-Opening Target For Gander Mountain
On its second-quarter conference call, Camping World now says it may reopen as few as 40 former Gander Mountain locations, far short of earlier expectations, due to challenges renegotiating leases. Camping World also confirmed that the re-opened Gander stores will be much smaller than its traditional locations and feature significantly less footwear and apparel.
Aisle Talk, Week Of August 7
Top headlines from the active lifestyle industry you may have missed this week.
Acushnet Lowers Revenue Outlook For Year
Acushnet Holdings Corp. reduced its sales guidance for the year after seeing a drop in sales of Titleist golf balls in the second quarter and a steeper quarter-over-quarter decline in Titleist clubs.
FGL Sports To Miss Revenue Goals For 2017
FGL Sports, which includes Sport Chek, is now expected to miss its ambitious growth goals for 2017 due to its sluggish sales through the second quarter, according to its parent, Canadian Tire Corp.
Acushnet’s Q2 Earnings Climb 21 Percent
Acushnet Holdings Corp. reported earnings climbed 21.2 percent in the second quarter despite a 7.6 percent revenue decline. The parent of Titleist and FootJoy maintained its earnings guidance for the year but slightly lowered its sales outlook.
Black Diamond Inc. To Change Name To Clarus Corporation
Black Diamond Inc. plans to change its name to Clarus Corporation effective August 14, 2017.
Hibbett Sports Names James Hilt To Board
James Hilt has been executive vice president, chief marketing officer and e-commerce at Express Inc. since March 2016.
Camping World’s Q2 Revenues Climb 20 Percent
Camping World Holdings, which acquired Gander Mountain earlier this year, reported pro-forma earnings rose 41.6 percent on a 20.1 percent revenue gains.
Antigua To Provide Team USA Uniforms At 2017 Solheim Cup
The designer and marketer of lifestyle and golf apparel under the Antigua brand was named provider for Team USA’s uniforms at the 2017 Solheim Cup.
Starter And Ocean Pacific Exiting Wal-Mart
Iconix Brand Group Inc. confirmed on its second-quarter conference call that Starter and OP (Ocean Pacific) are being phased out at Wal-Mart. Both had been exclusive brands in the entry-level category at the discount chain for years.
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