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.
Category: Apparel
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.
Delta Apparel’s Manufacturing Realignment Paying Dividends
Delta Apparel Inc. reported another quarter of impressive earnings gains. A realignment of its manufacture structure continues to feed efficiencies and cost savings that’s offsetting weakness in its Soffe and Salt Life brands in traditional sporting goods channels.
Big 5 Q2 Dragged Down By Weakness In Firearms, Camping And Water Sports
Shares of Big 5 Sporting Goods were down 85 cents, or 7.8 percent, to $10.10 on Wednesday after the sporting goods retailer posted second-quarter revenues that fell short of expectations due to weakness in firearms, camping and water sports. Third-quarter earnings are also expected to decline with comps off in the low single digits.
Iconix Brand Group Strengthens Balance Sheet
Iconix Brand Group Inc. announced it has taken significant steps to strengthen its balance sheet and enhance its financial flexibility.
HanesBrands Reports In-Line Results For Second Quarter
HanesBrands, the parent of Champion, Hanes and Gear For Sports, reported operating profits showed a modest gain excluding acquisition-related and integration charges in the second quarter but management said it remained confident that organic growth would resume in the second half.
Delta Apparel Sees Q3 Earnings Jump
Delta Apparel Inc. reported earnings per diluted share of 57 cents on net sales of $104.3 million for its fiscal third quarter ended July 1, 2017, compared with earnings of 32 cents per diluted share on net sales of $111.6 million in the prior year third quarter.
Big 5’s Q2 Sales Miss Targets
Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.
Under Armour Axes 277 Jobs Amid Restructuring
Shares of Under Armour fell $1.88, or 10.4 percent, to $16.23 Tuesday after the company reduced its annual sales and earnings forecast while announcing a restructuring plan that includes the layoff of 277 employees.
Icebreaker Onboards New Leadership In North America
Josh Vaughan takes the helm as head of wholesale in the region, while Trudie Abel becomes the new head of marketing North America, where her office has made three additions to its marketing cadre.
Decathlon To Open Store In San Francisco
Decathlon, the French sporting goods giant, is opening a store on 735 Market Street in San Francisco, marking its return to U.S. retailing.
Fabric Technology: Dupont Intexar
DuPont Advanced Materials announced its newest generation of stretchable electronic inks and films for smart clothing at last week’s Outdoor Retailer Summer Market.
Backcountry And Zola Exclusively Launch Wedding Registry Partnership
Through Zola, engaged couples can now register directly for outdoor equipment from Backcountry. The online retailer’s customers can also register for gifts, experiences and cash funds on Zola.
Alp-n-Rock Adds Mid-Atlantic and Southeast Reps
Alp-n-Rock, LLC, a socially conscious manufacturer of European-inspired apparel, announced Allison Bangel Quinto as its new sales representative for the Mid-Atlantic and Southeast regions effective immediately.
Asics Launches I Move Me Brand Activation
Asics unveiled a new global brand message, identity, retail concept and integrated brand activation – the brand’s most significant marketing initiative to date.
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