Zappos.com is teaming up with North Shore Animal League America for a new animal advocacy and pet adoption initiative.
Category: Apparel
Puma Teams Up With Lumo Bodytech
Puma partnered with the motion science company to introduce a new Puma product powered by Lumo’s artificial intelligence coaching platform.
Asics U.S. Sales Drop 11.5 Percent In First Half
Asics America Group (AAG) reported that sales in the U.S. fell 11.5 percent in the first half year over year. The decline was largely attributed “to market forces and additional retail partner store closings.”
Black Diamond Sees Innovation Driving Robust Back Half
Black Diamond Inc. widened its losses in the second quarter due to stepped-up efforts to jumpstart growth. But its renewed focus on its flagship brand already helped drive top-line growth in the period and officials expect the momentum to continue in the back half of 2017.
Rapha Sold To Sam Walton’s Grandsons
Rapha, the London-based trendy cycling apparel brand, said that U.S.-based RZC Investments, led by Tom Walton with his older brother Steuart, has acquired a majority stake in the company.
West Marine Sees Fatter Margins Offset Lower Q2 Sales
West Marine Inc., which on June 29 agreed to be acquired by a private equity firm, reported basically flat earnings before charges in the second quarter as fewer markdowns offset a small sales decline.
’47 Develops Animated Video Series To Celebrate Anniversary
To celebrate its 70th anniversary, ’47 is releasing a three-part animated video series that tells the sports lifestyle brand’s heritage, part one of which will debut on August 14.
New Children’s Activewear Brand Super Heroic Raises $7 Million
Super Heroic, a new children’s sneaker brand launched by former Jordan Brand design director Jason Mayden, has raised $7 million in funding.
Asics America Group’s First Half Sales Decline 6 Percent
Asics America Group (AAG) said net sales decreased 5.9 percent year over year for AAG in the first half. Asics America saw a decrease in net sales of 11.5 percent year over year. The decline was “largely due to market forces and additional retail partner store closings.”
Walmart Heirs Acquire Rapha
Rapha, the British cycling lifestyle brand, stated that U.S.-based RZC Investments is now the majority shareholder in the business.
Asics Profits Dip In First Half
Asics reported net profit decreased 1.4 percent in the first half despite a profit turnaround in the Americas region. Sales fell 3.3 percent due to declines in Japan, Europe and the Americas.
Nike Extends Partnership With British Athletics
British Athletics confirmed an extension to its partnership with Nike as official team wear provider until 2030.
Nike Launches Sneakrs In Europe
Nike launched its Sneakrs app in Europe. The app is available in 19 countries and across 14 languages.
Under Armour Signs Mavs Rookie Dennis Smith Jr.
Under Armour has signed Dallas Mavericks rookie Dennis Smith Jr. to an endorsement deal, according to ESPN.
North America Momentum Builds For Adidas
Helped by securing 400 new doors with Dick’s and Foot Locker so far this year, Adidas AG delivered 33 percent growth for the Adidas Brand in the North America region in the second quarter. On a conference call with analysts, Kasper Rorsted, Adidas AG’s CEO, said Adidas Brand has “not had the appropriate distribution” at places like Dick’s and Foot Locker and continues to benefit from greater allocations.
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