During the 60-minute Innovation Challenge competition, six companies will present their innovative tennis product or service to a panel of judges and an audience of tennis industry leaders and facility owners and managers.
Category: Apparel
Moody’s: U.S. Apparel And Footwear Companies Remain Challenged
“Without Nike, which accounts for almost half of Moody’s-rated US apparel and footwear industry operating profit, growth would be flat this year,” said Moody’s Assistant Vice President, Mike Zuccaro.
Outdoor Retailer Expands Paddlesports Initiatives For Summer Market 2017
In addition to the Open Air Demo returning to Jordanelle, there will be new clinics, education programs and networking sessions available to help drive consumer engagement and sales.
Gordmans Stores Plans To Liquidate In Bankruptcy Proceedings
Gordmans, the Midwest-discounter with 106 stores in 22 states, filed for bankruptcy protection and plans to liquidate.
Tilly’s Q4 Profits Skyrocket
The action sports retailer reported earnings rose 117.2 percent due to a sharp reduction in operating expenses.
Camping, Firearms, Classic Footwear Drive 2016 Sporting Goods Revenues
Camping, firearms, classic footwear, soccer and lacrosse were among the strongest selling categories for the sporting goods industry last year, according to the just-released 2017 Sports & Fitness Industry Association (SFIA) Manufacturers’ Sales by Category Report.
Under Armour Appoints Chief Innovation Officer
Clay Dean joins Under Armour after more than 20 years of success at General Motors (GM), most recently leading GM’s Global Advanced Design organization.
Gander Mountain To Close 10 Texas Stores
Gander Mountain will close 10 stores in Texas as part of its announced closing of 32 stores in bankruptcy proceedings. Multiple stores will also close in Alabama, Georgia, Illinois and Minnesota.
Cocona Appoints EVP of Marketing And Sales
Cocona Inc., creator of patented 37.5 Technology and Eco-Dri Technology, announced the promotion of Christy Raedeke to executive vice president of global marketing and sales. Previously Raedeke was vice president of global brand at Cocona.
Differential Brands Group Sees Q4 Revenues Double
Differential Brands Group Inc., which includes Hudson Jeans, Robert Graham and Swims, reported fourth quarter net sales increased 108 percent to $42.0 million; full year net sales increased 104 percent to $149.3 million, driven by the inclusion of the Hudson Jeans and SWIMS brands in addition to sales growth in the Robert Graham brand.
Finish Line Brings Back College Hoops Bracket Challenge
The Finish Line Bracket Challenge will offer participants the chance to win up to $5,000 by selecting winning teams this March and encourage engagement on the company’s social accounts.
The Buckle’s Q4 Profits Slide
Dennis Nelson, president and chief executive officer, said, “While overall results for both the quarter and year were below expectations, we were able to maintain merchandise margins and finish the year with an operating margin of 15.7 percent.”
Vail Resorts Sees 21 Percent Q2 Sales Gain
Vail Resorts reported net earnings grew 27.5 percent in its second quarter ended January 31 on a 21 percent revenue gain.
Pacific Sunwear Appoints Interim CEO
Pacific Sunwear appointed James Gulmi, former long-time CFO for Genesco, as interim CEO.
Gander Mountain Lands In Bankruptcy Court
Said Gander Mountain in a statement. “Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased direct-to-customer sales by key vendors and accelerated growth of e-commerce.”
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