Medi-Dyne Healthcare Products, a leading producer of innovative pain relief, prevention, and healing products announced the acquisition of The X Brace.
Category: Footwear
Lands’ End Names Chieh Tsai Chief Product Officer
Lands’ End Inc. appointed Chieh Tsai, the company’s current senior vice president of design, to the newly-created position of chief product officer as its next step in continuing to refine the company’s signature look and feel.
Boot Barn Sees Q3 Exceeding Guidance
Boot Barn Holdings Inc. announced preliminary results for the third quarter of fiscal year 2019 ended December 29 that showed both earnings and sales came in well above projections.

CES Show: Data Tracking To Transform Sports
The buzz over wearables in the active space has cooled down with the challenges facing Fitbit, GoPro and others in recent years, but the potential for artificial intelligence (AI) and motion-sensing technology to create a new breed of data-informed athletes was again heard loudly at this week’s CES show in Las Vegas.

SGB Industry Outlook 2019, Part 3
Here is our final installment of the 2019 industry outlook. Thank you to all the industry executives and business owners who shared expectations, hopes and concerns for the new year. This was the biggest response we’ve ever gotten, with almost 60 participants, prompting three parts instead of the usual one or two.

Aisle Talk Week Of January 7
Top headlines from the active lifestyle industry you may have missed this week, including Portland, OR-based outdoor apparel firm Poler filing a Chapter 7 bankruptcy to liquidate.
Vail Resorts Seeing Healthy Growth Early In Ski Season
Season-to-date total lift ticket revenue at the company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 12.2 percent compared to the prior year season-to-date period.
Sears Chairman Ups Bid For Sears
Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, The offer comes one day after Lampert’s initial $4.4 billion bid was rejected by the company as being financially inadequate.

SGB Industry Outlook 2019, Part 2
This is the second installment of our annual series that gauges what the industry’s key players are projecting for the coming year. Also, due to overwhelming response, we’ve extended our industry outlook to three parts due to so many of people wanting to contribute their thoughts on 2019. Look for even more commentary on 2019 in Friday’s edition of SGB Executive.

DSW Inc. Announces New Brand Presidents To Support Recent Acquisitions
DSW Inc. announced the creation of several new executive positions. The changes will create clear brand leadership following the 2018 acquisition of its Canadian business, formerly known as Town Shoes Limited (TSL), and Camuto Group.
EU Opens Probe Into Nike’s Dutch Tax Arrangements
The European Commission opened an investigation into Nike Inc.’s tax deals with the Netherlands. The probe could potentially lead to Nike having to pay back millions of euros.
OBIT Dr. Bernice Sandler
Dr. Bernice Sandler, known as the “godmother of Title IX” for her work advocating for women’s and girls rights in education and athletics, has passed away at the age of 90.
The Buckle Reports December Comps Drop Slightly
The Buckle Inc. on Thursday announced that comparable store net sales, for stores open at least one year, for the 5-week period ended January 5, 2019, decreased 0.2 percent from comparable store net sales for the 5-week period ended January 6, 2018.

Kohl’s Lifts Lower End Of Guidance On Comps Increase
Kohl’s Corp. on Thursday reported comparable sales for November and December 2018 combined. On a shifted basis, which compares the nine weeks ended January 5, 2019 and January 6, 2018, comparable sales for the Holiday period increased 1.2 percent.
Macy’s Cuts Guidance On Weak Holiday Sales
Macy’s slashed its outlook for profit, sales and gross margin, citing a weakening in sales in late-December. The company reported holiday-period same-store sales growth of 0.7 percent, compared with 1.0 percent growth in the same period a year ago.