L.L.Bean and the National Wildlife Federation (NWF) are teaming on a program, called “The Green Hour,” that features seasonal activities designed to encourage kids to spend more time outdoors. (Read More)
Athleta's sales grew 35 percent in the third quarter, according to its parent, Gap Inc. Comparable sales were the highest in the brand’s history - up 37 percent - and online contribution remained above 50 percent in the quarter. (Read More)
Nordstrom Inc. reported sales decreased 16 percent to $3 billion in the third quarter. Net earnings were down 57.9 percent in the period, but came in well above Wall Street's targets. Top-performing merchandise categories included active, home, beauty and designer. (Read More)
RYU Apparel Inc., based in Vancouver, appointed Grant Matzen to head its North American wholesale expansion. (Read More)
Bass Pro Shops and White River Marine Group are expanding its Tracker Boats plant in Bolivar, MO, doubling the square footage of its manufacturing capabilities and adding 300 manufacturing jobs. (Read More)
Urban Outfitters Inc. announced net income rose 37.7 percent in the third quarter to $76.7 million, or 78 cents a share. Comparable Retail segment net sales were flat as a result of negative retail store sales driven by lower store productivity due to reduced store traffic, offset by strong double-digit growth in the digital channel. (Read More)
Dick's Sporting Goods reported earnings in the third quarter ended October 31 jumped more than four-fold as same-store sales climbed 23.2 percent. Brick & mortar same-store sales increased double-digits, the best performance since going public nearly two decades ago, while e-commerce sales expanded 95 percent. (Read More)
Dick's Sporting Goods Inc. announced that Ed Stack, chairman and chief executive officer, will assume the role of executive chairman and continue as chief merchant on February 1, 2021. He also will oversee key strategic growth initiatives for the company. Lauren Hobart, the current president of Dick's, will succeed Stack as president and CEO. (Read More)
