Academy Sports and Outdoors Inc. announced the appointment of Tom Nealon to its Board of Directors, effective today. With the addition of Nealon, Academy’s Board comprises ten directors.
Category: Footwear
New Balance Extends Partnership With Lille OSC
New Balance extended its partnership as kit supplier to the French football club Lille OSC.
VF Corp. Appoints Global Brand President, Timberland
VF Corporation announced the appointment of Susie Mulder as global brand president, Timberland. Mulder joins the Timberland brand from clothing brand NIC+ZOE where she served as CEO since April 2012.
NRF: 2021 Could See Record Retail Sales Growth
A wide array of economic indicators point toward potentially record retail sales growth during 2021, but the coronavirus pandemic remains the biggest challenge for the year, according to a prediction from the National Retail Federation (NRF).
VF’s CEO Joins Best Buy’s Board
Best Buy Co. Inc. appointed Steve Rendle, chairman, president and CEO of VF Corp., to its board of directors.
Urban Outfitters’ Q4 Comps Decline 7 Percent
Urban Outfitters Inc. reported total company net sales for the three months ended January 31 decreased 6.9 percent over the same period last year to $1.09 billion. Comparable Retail segment net sales decreased 7 percent.
Adidas Expands Streetwear App Confirmed To UK And Europe
Adidas has expanded Confirmed, its streetwear-inspired app, to the UK, France, Italy, Poland, Spain, Germany and the Netherlands.
The VF Foundation Issues its First Impact Report
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships.
Nordstrom’s Q4 Revenues Slump 20 Percent
Nordstrom Inc. reported a sharp decline in fourth-quarter earnings but results topped Wall Street’s target. Net sales decreased 20 percent, which improved sequentially by 600 basis points relative to the third quarter, after adjusting for a shift of the Nordstrom Anniversary Sale.
Ross Stores Q4 Comps Drop 6 Percent
Ross Stores Inc. reported earnings fell 47.8 percent in the fourth quarter as same-store sales declined 6 percent. The off-pricer said an upsurge of the virus resulted in lower traffic, especially in California, its largest state.
Big 5’s Q4 Profits Soar, Forecasts Strong First Quarter
Big 5 Sporting Goods Corp. reported a significant hike in earnings in the year ended January 3 as same-store sales jumped 10.5 percent. The sporting goods chain also hiked its dividend by 50 percent and predicted same-store in the first quarter would climb approximately 20 percent.
Globe International Sees 60 Percent Growth In First Half
Globe International Limited, based in Melbourne, reported a significant increase in sales and profitability in the first half ended December 31. The company’s four brands, Impala, FXD, Globe and Salty Crew, all grew.
Jordan Brand President Joins Capital One’s Board
Craig Williams, president of Jordan Brand at Nike, has been appointed to the board of directors at Capital One Financial Corporation.
Target’s Q4 Earnings Run Up 58 Percent
Target Corp. reported adjusted EPS in the fourth quarter improved 58.0 percent to $2.67 from $1.69 a year ago and ahead of Wall Street’s consensus estimate of $2.49. Same-store sales grew 6.9 percent.
Macy’s Announces Changes To Its Senior Leadership Team
Macy’s Inc. announced changes to its senior leadership team, including the exit of its COO and a new CIO and head of real estate.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal