Under Armour Inc. reported second-quarter results that came in better than Wall Street’s targets but it lowered its outlook for the year while unveiling a restructuring plan that will result in job cuts.
Category: Apparel
DLTR In Talks To Merge With Villa
DLTR, an urban chain based in Hanover, MD, has reached an agreement to merge with Villa, an urban specialist based in Philadelphia.
Fanatics Partners With The Chicago Bears
The Chicago Bears announced a new long-term partnership with Fanatics to operate the team’s new and improved e-commerce platform.
Fanatics’ Raphael Peck Talks League Deals
While the industry’s major players have inked blockbuster licensing deals over the last two years, including Under Armour (MLB), Nike (NBA) and Adidas (NHL), Fanatics has more quietly secured part or all of the licensing rights for the fan piece of the licensing pie. Raphael Peck, president of Fanatics Branded, discusses the new NHL jersey set to launch this September and Fanatics’ ongoing vertical transformation.
Active Brands Boost Sequential Brands’ Q2
AND1 and Avia “continue to perform well at Walmart” while Heelys “remains a strong performer” with increased international and e-commerce sales.
Adidas Apologizes For Replacing Female Referee
Adidas officials said it made “the wrong decision” to replace a female referee after LaVar Ball complained and threatened to pull his team from the court at a company-sponsored AAU basketball tournament in Las Vegas.
Golf Rounds Slide In June
According to Golf Datatech, golf rounds played were down 2.9 percent in June versus the year-ago month. The biggest regional declines were seen in the Mid Atlantic, South Atlantic and New England.
Columbia Sportswear’s SVP Of Global Sourcing And Manufacturing Resigns
Columbia Sportswear Company announced the resignation of senior vice president of global sourcing and manufacturing, Steve Woodside, effective immediately.
Outdoor Sports Marketing Opens New Showroom In Greenville, SC
Outdoor Sports Marketing (OSM), a sales, marketing and training agency for the outdoor industry, opened a 5,000-square-foot showroom on June 1 in Greenville, SC.
Sportsman’s Warehouse To Open Location In Spokane Valley
Sportsman’s Warehouse is expanding its operations to include a new retail location in Spokane Valley, WA.
Columbia Sportswear Launches Project CONNECT Execution Plan
While reporting second-quarter results that were slightly better than expected, Columbia Sportswear announced that it had launched a new transformation plan, entitled Project CONNECT, to adjust to the “accelerating structural change” facing retail.
Aisle Talk, Week Of July 24
Top headlines from the active lifestyle industry you may have missed this week.
Adidas Lifts Outlook For Second Time This Year
Revenues are now expected to increase between 17 and 19 percent on a constant currency basis for the year, compared to previous estimates of 12 to 14 percent growth.
Outdoor Retailer Summer Market – Industry Buzz From The Floor
It’s a big world to explore out there, and likewise it was a big, wide-ranging industry under the roof of the Salt Palace yesterday at Outdoor Retailer Summer Market. Here are a few snapshots of the vast collection of outdoor-minded conversations that were buzzing around.
Thousands March In Utah To Support The Nation’s Public Lands
On Thursday, more than 2,500 people marched from the Salt Palace Convention Center to the Utah State Capitol at the “This Land is Our Land” March for Public Lands. Speakers including Conrad Anker and Jerry Stritzke expressed hope that Utah’s governing officials will keep public lands public and intact for all Americans to enjoy.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal