Inventory liquidation sales are now under way at all Gander Mountain store locations. As reported, Camping World has agreed to acquire a minimum of 17 stores and expects to reopen locations following the liquidations.
Category: Apparel
Newell Brands Lifts Q1 Guidance On Improved Q1
Newell Brands reported pro-forma core sales in its Play segment grew 0.5 percent as solid growth on Beverages, Coolers and Team Sports was largely offset by substantial inventory destocking on Fishing and selected Coleman product categories.
Aisle Talk, Week Of May 1
Top headlines from the active lifestyle industry you may have missed this week.
Adidas Brand Catapults 36 Percent In North America In Q1
Showing the brand is indeed regaining market share against Nike and several other competitors, Adidas Group reported currency-neutral revenues for the Adidas Brand vaulted 36 percent in the first quarter in the North America region.
Academy Sports Launches “For All. For Less” Campaign
The three 30-second broadcast spots are rooted in the idea that the joy of sports and the outdoors should be accessible to everyone.
Sports Direct’s Only Female Director Resigns
Sports Direct, the U.K. sporting goods chain, said Claire Jenkins has resigned “with immediate effect” from her position as a non-executive director of the company.
Active Brands See Solid Growth For Sequential Brands In Q1
AND1, Avia, Heelys and Gaiam all saw progress in the first quarter for Sequential Brands Group.
Dakine Appoints Mountain Bike Marketing Manager
The producer of backpacks, travel bags, accessories, outerwear and clothing named Gabe Schroder to the role of mountain bike marketing manager.
W.L. Gore Kicks Off ‘Don’t Think About Gore-Tex’ Campaign
The campaign uses light painting to illustrate how beauty and creativity can be found in unexpected places.
Cabela’s Q1 Benefits From Expense Cuts, Credit Strength
Cabela’s not surprisingly saw earnings and sales decline in the first quarter as a result of an industry-wide downturn in firearms sales following the election of Donald Trump. But expense-containment efforts and healthy results from Cabela’s CLUB Visa program helped the retailer exceed Wall Street estimates.
Sequential Brands Sees Q1 Sales Climb 16 Percent
Sequential Brands Group Inc. reported total revenue for the first quarter ended March 31, 2017 increased 16 percent to $39.4 million, compared to $34.0 million in the prior year quarter.
Cabela’s Q1 Same-Store Sales Fall 8.9 Percent
Cabela’s reported first-quarter earnings decreased 16.7 percent as consolidated comparable store sales decreased 8.9 percent.
Adidas Q1 Boosted By North America, China, E-Commerce
Adidas AG reported earnings jumped 30 percent in the first quarter. Results were paced by an 18 percent increase at brand Adidas on a currency-neutral basis as well as a 13 percent increase at the Reebok brand. Combined sales of the Adidas and Reebok brands grew in all market segments except Russia/CIS. Growth was particularly strong in North America (+31 percent), Greater China (+30 percent), Japan (+21 percent) and MEAA (+15 percent).
Gildan Reports 12.2 Percent Growth For Q1
The company saw a strong net sales growth of 12.2 percent in the quarter due to organic growth and the acquisition of companies including Alstyle, American Apparel, and Peds. Gildan expects sales to continue to increase throughout the remaining of 2017 due to organic growth and acquisitions.
Zumiez Sees Q1 Earnings At Low End Of Guidance
The company’s comparable sales increased 7.8 percent for the four-week period compared to a comparable sales decrease of 6.0 percent in the year ago period.
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