Apparel | Page 902 | SGB Media Online

Camber Outdoors Conducts 2017 Workplace Survey

March 22, 2017 SGB Update

The survey runs March 22 – April 7 and will inform broad-based study of workplace experiences in the active-outdoor industries.

SFIA Celebrates Landmark 18th Annual National Health Through Fitness Day On Capitol Hill

March 22, 2017 SGB Update

This year a broad coalition of supporters, including celebrity athletes ranging from NFL pros to Olympians, held 100 meetings with more than 120 U.S. Senators and Representatives to discuss the importance of the PHIT Act.

Acushnet Q4 Boosted By Robust Golf Club Sales

March 22, 2017 SGB Executive

While the bankruptcy and liquidation of Golfsmith impacted U.S. sales, Acushnet Holdings Corp. still managed to show a modest gain in sales in the fourth quarter while improving profitability.

The North Face Sponsors Adaptive Climbing Initiative

March 22, 2017 SGB Update

With a goal of making climbing gyms across the U.S. accessible to people with physical disabilities, Paradox Sports will provide gyms with instructor training and adaptive equipment.

Nike Grapples With Promotional North American Climate

March 22, 2017 SGB Executive

Said Andy Campion, EVP and CFO, on the company’s third-quarter conference call with analysts, “Digital disruption and other dynamics are resulting in more aggressive promotional activity than we expected 90-days ago. So we are going to remain tight, with respect to the supply that we are putting into the North America market in the short-term.”

Nike Accelerates Efforts To Reach Digital Consumers

March 22, 2017 SGB Executive

Said Mark Parker, president and CEO, “The consumer has decided digital isn’t a just part of the shopping experience. Digital is the foundation of it. This and other factors have shifted consumer patterns, especially in North America, impacting traffic, the economics of brick-and-mortar retail and is driving a more promotional environment in the near term.”

Nike Q3 Boosted By International Gains

March 22, 2017 SGB Executive

Beyond double-digit gains in double-digit growth in Western Europe, Greater China, the Emerging Markets as well as DTC overall, Nike’s better-than-expected earnings were helped by expense leverage, higher other income and a lower effective tax rate.

Sears Warns Of ‘Going Concern’ Doubts

March 22, 2017 SGB Update

Sears Holding, the parent of Sears and Kmart, warned Tuesday that it faces “substantial doubt” about its ability to stay in business unless it can borrow more and tap cash from more of its assets.

Sequential Brands Appoints CEO

March 22, 2017 SGB Update

Karen Murray, who previously oversaw Nautica and Kipling for VF Corp., replaces Yehuda Shmidman, who is stepping down.

Perry Ellis Posts Q4 Profit

March 22, 2017 SGB Update

Oscar Feldenkreis, CEO, said, “While $12 million in revenues were held back in the fourth quarter as certain retail partners lowered shipments in a challenging retail environment, the strength of our sell through rates enabled us to recapture the majority of these sales shipments at the start of fiscal 2017.”

SIMA Study Reveals Online’s Disruption Of Surf Retail

March 21, 2017 SGB Executive

In its first consumer study, SIMA (Surf Industry Manufacturers Association) found that nearly one-third of Americans are inspired by surfing. But it also showed how Amazon and online shopping have completely disrupted the marketplace for surf-inspired consumer access to surf industry brands.

Nike’s Q3 Results Race Past Wall Street Targets

March 21, 2017 SGB Update

Nike Inc. reported earnings rose 20.1 percent in its third quarter ended February 28, easily exceeding Wall Street’s targets. Earnings were particularly helped by lower spending. Double-digit growth on a currency-neutral basis in Western Europe, Greater China and the Emerging Markets helped make up for a more-modest 3 percent growth in North America.