Gildan Activewear Inc. said it expects its earnings for the year to now come in at the high end of its guidance range after reporting strong margin improvement drove healthy second-quarter earnings.
Category: Apparel
Cabela’s Struggles Continue In Q2
In likely its last earnings report as a publicly traded company, Cabela’s blamed its poor performance on the slowdown in firearms sales since the presidential election, the Gander Mountain bankruptcy, and tough comparisons due to a number of shooting tragedies in the first half of 2016.
Interbike Heading To Reno-Tahoe
Interbike, the largest cycling trade show in the U.S., has selected Reno-Tahoe as the new home for the Interbike trade show and the site of the newly-created Interbike Marketweek. The show has been in Vegas since 2011.
PGA Tour To Open Vegas Location
PGA Tour Superstore will be opening a store in Las Vegas, a 30,000 square foot space situated in downtown Summerlin at 2315 Summa Drive, #140 in the former Golfsmith location next door to Boot Barn and Trader Joe’s.
Russell Athletic Partners With S&S Activewear
S&S Activewear, a national wholesaler of imprintable activewear, will launch a collection of Russell Athletic active apparel including its iconic Dri-Power Fleece beginning in August 2017.
Adidas Q2 Sparked By North America And China
Adidas, in line with a recent update, reported earnings from continuing operations rose 16 on a 19 percent revenue gain on a currency-neutral basis. The development reflected a 21 percent increase at brand Adidas as well as a 5 percent increase at the Reebok brand.
Gildan Activewear’s Q2 Profits Climb 14 Percent
Gildan Activewear Inc. reported net profits climbed 13.7 percent on a 3.8 percent revenue gain while slightly raising its earnings guidance for the year.
Cabela’s Profits Slide On Steep Revenue Drop
Cabela’s reported net earnings slid 24.9 percent after charges in the second quarter as same-store sales declined 9.3 percent.
Zumiez’s Comps Climb 5.1 Percent In July
Zumiez Inc. announced total net sales for the four-week period ended July 29, 2017 increased 8.9 percent to $67.5 million.
Varsity Brands Rebrands El Toro High School
Varsity Brands has partnered with El Toro High School, in Lake Forest, CA on one of the most comprehensive branding projects for Varsity Brands to date.
Footaction Partners With Hip-Hop Stars On Campaign
Footaction partnered with music pioneer Gucci Mane, Uber Everywhere artist MadeinTYO and One Night Only MC, Cousin Stizz, for the debut of its digital Summer Hustle campaign.
Nike Helps Bring Marathon Kids To All 50 States
Marathon Kids and Nike announced that as of this summer, kids in 50 states across the U.S. are now running with Marathon Kids. The program challenges kids to run the equivalent of up to four marathons (104.8 miles) over the course of a running club season or school year.
Target Commits $14 Million To Local Youth Soccer
Target Corp. announced a $14 million commitment to youth soccer through two new national initiatives, including an $8 million local grant program, and a $6 million partnership with the U.S. Soccer Foundation to build 100 new soccer play spaces by 2020. These are the latest investments by Target in the country’s fast-growing youth sport, and […]
Champion’s Sales Expand 7 Percent In Q2
Hanesbrands Inc. said sales of Champion grew 7 percent globally in the second quarter, boosted by strength in Europe and online globally. Champion is also expected to grow at a high-single digit rate for the balance of the year.
Adidas and MLS Extend Deal Through 2024
Marking Adidas’ largest investment in soccer in North America, the six-year deal makes Adidas the official supplier partner for the Major League Soccer, its clubs, MLS youth academies and youth affiliated clubs.
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