Hibbett Sports, Inc. reported fourth-quarter earnings rose slightly but came in well above Wall Street's targets. The retailer also announced plans to close 95 stores this year as part of an "accelerated store closure plan" and a transition plan with the pending retirement of CEO Jeff Rosenthal. (Read More)
Hibbett Sports Inc. announced the planned retirement of Jeff Rosenthal, president and chief executive officer. The Board will commence a search process to identify the company’s next CEO, and Rosenthal will remain at the company in his CEO capacity until a successor is named. (Read More)
Nike Inc. reported quarterly earnings that slightly topped analysts’ expectations and sales that were in-line. The 7-percent revenue growth was driven by broad-based strength across all geographies as well as Nike Direct, led by digital. By region, the gains were led by Greater China, up 23 percent; followed by EMEA, 9 percent; and North America, 7 percent. (Read More)
Inntopia reported that as of Feb. 28, occupancy for western resorts for the month of February was up 5.7 percent compared to the previous February in a year-over-year (YOY) comparison. (Read More)
The Virginia Tech University Helmet Lab released its inaugural Virginia Tech Helmet ratings for youth helmets, awarding Vicis Zero Youth a five-star rating and a score of 0.69. A lower score indicates better protection. Helmets from Xenith, Schutt and Riddell were also reviewed. (Read More)
Less than two years after introducing 3D scanning technology into its stores, Fleet Feet has scanned its one-millionth pair of feet as part of its exclusive in-store outfitting experience known as fit id. (Read More)
Skechers Performance is returning as the title sponsor for the 2019 Skechers Performance Los Angeles Marathon on Sunday, March 24. (Read More)
Famous Footwear launched Famously YOU Rewards, a new loyalty program that promises to increase engagement and deliver a higher level of personalization. (Read More)
Denison University, based in Granville, OH, has entered into a multi-year partnership with Nike through BSN Sports. (Read More)
G-III Apparel Ltd. reported fourth-quarter earnings per share on an adjusted basis vaulted 112 percent as revenues expanded 7.3 percent. Results easily topped Wall Street's consensus targets. (Read More)
