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)
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)
While Nike still dominates March Madness sponsorships. Under Armour saw a record 17 of its schools head to the NCAA men's basketball tournament, up from only 10 the prior year. While Nike still dominates March Madness sponsorships. Nike sponsored 40 of the 68 schools and Adidas, 11. (Read More)
The Supervisory Board of Adidas AG announced the candidates that will stand for election to the Supervisory Board as shareholder representatives during the Annual General Meeting on May 9, 2019 (Read More)
BF Originals, LLC, a manufacturer of licensed and novelty socks, has been named a licensee of The Alliance of American Football. (Read More)
