Slowing traffic and greater discounting at Eastbay.com and not weak mall traffic clipped profit growth in another impressive quarter for the sneaker retailer.
Category: Apparel
Foot Locker Quarterly Sales Hit $1.78B
The retailer grew comps 4.7 percent, opened 23 new stores, remodeled or relocated 64 and paid shareholders $350 million during the quarter ended July 30.
Hibbett Sports Beats Expectations By A Penny
The athletic specialty retailer, which operates 5,000-square-foot stores in smaller markets, said its focus on footwear paid off in the quarter ended July 30.
Aisle Talk, Week Of August 15
Headlines from the active lifestyle industry this past week you may have missed.
By The Numbers, Week of August 15
The leading figures from this week’s news in the active lifestyle space.
Nike Enters Americas Supply Chain Partnership
Nike, Inc. and affiliates of Apollo Global Management have entered into a strategic partnership regarding the apparel supply chain in the Americas.
Sportsman’s Warehouse Q2 Sales Up Double Digits
Three store openings and a 2.9 percent increase in same-store sales fueled the hook-and-bullet retailer’s growth during the quarter ended July 30.
FLA Releases First Factory Compensation Report
The Fair Labor Association’s (FLA) report includes compensation data at dozens of factories used by global athletic and outdoor apparel brands.
Chaos Headwear Transfers Rocky Mountain Sales Business
Montreal-based Chaos Headwear will transfer their Rocky Mountain business from Best and Associates to Hoyt & Company, Inc.
Tracksmith Commissions Artists for U.S.-made Endurance Piece
Tracksmith, makers of performance running apparel with a stylistic throwback to heritage track and field looks, commissioned a handful of acclaimed artists to design unique prints for the Art of the Training Tee shirts, released this summer.
New Era Takes Name of Buffalo Bill’s Field
New Era will take the marquee at the Buffalo Bill’s Orchard Park Stadium, as the formerly named Ralph Wilson Stadium is renamed New Era Field.
The TJX Companies Inc. Grows Store Traffic
The off-price retailer, which owns Sierra Trading Post, kept bucking retail trends in its second quarter by luring more customers to its 3,675 stores.
New Era Signs Deal with Chivas
New Era, the sports and lifestyle headwear brand, is partnering with Club Deportivo Guadalajara, the popular Mexican soccer club.
PSG Confirms Regulatory Inquiries
Performance Sports Group, which is facing a half dozen shareholder lawsuits, confirmed it is the subject of inquiries by US and Canadian securities regulators.
Parents Poised to Spend Less on Kids’ Sports
A new survey from American Express suggests sports will lose market share to other extracurricular activities, which are losing share to technology.
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