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Category: Apparel
Aisle Talk, Week Of November 14
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of November 14
The leading figures from this week’s news in the active lifestyle space.
Hibbett Sports Lowers Guidance On Apparel Weakness
Sales softened in September and October as apparel sales became more challenging, principally in its colder-weather categories.
Foot Locker Q3 Tops Wall Street Estimates
Foot Locker’s adjusted earnings increased slightly ahead of Wall Street expectations as same-store sales grew 4.7 percent.
Sportsman’s Warehouse Slightly Raises Outlook
Sportsman’s Warehouse slightly raised its guidance after reporting adjusted net income increased 5.3 percent in the third quarter on a 2.1-percent same-store gain.
Nike Raises Quarterly Dividend
The dividend increases 13 percent to 18 cents a share.
WSS Secures Minority Investment
WSS, the athletic footwear retailer based in Los Angeles, has agreed to a minority private equity investment with Riata Capital Group, a Dallas, TX-based investment firm.
K2 Sports Licenses Outerwear To Vertical Brands
K2 Sports licensed Vertical Brands of Shrewsbury, NJ for worldwide distribution of K2-branded ski and snowboard outerwear and apparel starting fall 2017.
Dick’s Becomes Official Little League Technology Provider
Dick’s Team Sports HQ becomes the recommended technology provider to Little League’s 2.4 million participants, more than 1 million coaches, local league officials and district administrators.
W. L. Gore Unveils Fabrics Testing Facility
The biophysics and heat and flame protection labs allow Gore engineers to measure the properties of component materials, Gore laminates and fully constructed garments and footwear in new, expanded and relevant conditions.
Perry Ellis Golf Boosted By Warm Weather In Q3
The company’s PGA Tour, Ben Hogan and Callaway golf apparel licenses led the gains, while its Nike Swim brand grew at a double-digit pace.
Perry Ellis Reports Q3 Loss
The company reported a loss in the third quarter due to pension plan termination costs, but adjusted earnings came in ahead of guidance.
Fox River Mills Sold To Private Equity Firm
The 116-year-old hosiery mill in Iowa will become a division of LongWater Opportunities’ Standard Merchandising Company. The new private equity owner focuses its investments in American manufacturing.
Sherpa Adventure Gear Partners With Locally
The partnership provides Sherpa’s new website with an online-to-offline shopping platform.
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