PVH Corp., the parent of Speedo, reported earnings per share was $1.69 on a non-GAAP basis for the second quarter compared to $1.47 in the prior year period. Revenues increased 7 percent.
Category: Apparel
Tilly’s Q2 Earnings Jump Two-Fold
Tilly’s Inc. reported profits jumped 121 percent on an adjusted basis in the second quarter as expenses were reduced sharply, margins improved slightly and comps grew 2.1 percent.
Outdoor Participation Shows Some Recovery
The Outdoor Foundation’s newly-released Outdoor Recreation Participation Report found that 48.8 percent of the U.S. population participated in an outdoor activity at least once in 2016, up from 48.4 percent in 2015.
Dakine’s CEO Joins Surfrider Foundation’s Board Of Directors
The Surfrider Foundation, a nonprofit organization dedicated to the protection and enjoyment of the world’s ocean, waves and beaches, appointed Ken Meidell to the organization’s board of directors.
NSGA Highlights Importance Of Physical Retail
The National Sporting Goods Association (NSGA) cautioned industry executives not to overreact to what it considers to be “incorrect conclusions” found in an study from Astound Commerce on the value of vendor stores and websites.
Asics America Unveils New Retail Concept
Asics America Corp. opened a new store format at the Mall of America in Minnesota.
361 Degrees’ Sales Climb 10 Percent In First Half
361 Degrees International Limited reported earnings in the first half rose 16.5 percent on a 9.5 percent sales gain.
Superior Uniform’s Bamko Acquires Public Identity
Superior Uniform Group Inc. stated that its division, Bamko LLC, acquired substantially all of the assets and assumed certain liabilities of PublicIdentity Inc., a promotional products and branded merchandise agency based in Los Angeles.
Modell’s To Open 2nd Store On 125th Street
Modell’s Sporting Goods on August 24 will open its second location on 125th Street in Harlem. This will bring Modell’s total store count to 159 locations.
Adidas To Sponsor Georgia Tech
Adidas reached an agreement to replace Russell Athletic as the endorser of Georgia Tech.
Study: Over Half of Online Shoppers Prefer Shopping Directly With Brands Over Retailers
The survey of consumers who have visited a brand manufacturer’s website in the past six months found the majority (54 percent) turn to brands over retailers for more comprehensive product information, in addition to enhanced customer service, better prices and more personalization options.
Free People To Open Pop-Up Shop In Santa Monica
On August 25, Free People will launch its second FP Movement Pop-Up shop located in Santa Monica.
Macy’s Appoints New President
Macy’s Inc. announced several changes intended to improve the company’s performance, including the hiring of Hal Lawton as president, the creation of a single simplified merchandising organization and an enhanced focus on the company’s data analytics capabilities.
Kühl Sues Jägermeister Over Unauthorized Use Of Trademark
Kühl took legal action in response to Jägermeister’s U.S. advertisement campaign initiated by creative agency Opperman Weiss which prominently features the Kühl trademark in their new ad campaign.
Patagonia Runs First TV Ad In Support Of Public Lands
Patagonia is planning to run first-ever television commercial in its 45-year history to urge support for protecting America’s public lands.
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