Anta Group’s First-Half Revenues Slide 1 Percent

Anta Group reported first-half revenue fell slightly by 1 percent over the same period last year to ¥14.669 billion. Revenue of the Anta brand was ¥6.777 billion, down by 10.7 percent, and revenue of the Fila brand reached ¥7.152 billion, up by 9.4 percent. In addition to the two main brands, other brands, led by […]

Afterpay Expands Into Canada

Afterpay, the ‘buy now, pay later’ service, announced it is now offering its service to consumers and merchants in the Canadian market.

SIA Launches Six-Month Inclusion Training Program

Snowsports Industries America (SIA) announced that it will begin a six-month training program focused on inclusion in the winter outdoor industry.  SIA will be joined by leaders from the National Ski Areas Association (NSAA), National Ski Patrol (NSP), Outdoor Industry Association (OIA), Professional Ski Instructors of America and the American Association of Snowboard Instructors (PSIA-AASI), and Share Winter Foundation.

Dick’s SG’s Q2 Profit And E-Commerce Sales Soar

Dick’s Sporting Goods reported earnings in the second quarter on an adjusted basis jumped 150 percent topping Wall Street targets as same-store sales grew 20.7 percent. E-commerce sales nearly tripled. Dick’s officials said the performance was helped by a shift toward athletic and active lifestyle products with people spending more time working and exercising at home.

Nordstrom’s Q2 Revenues Slump 53 Percent

Nordstrom Inc. reported a net loss of $255 million in the second quarter as sales tumbled 53 percent due to store closures tied to the pandemic. The department store operator said improved merchandise margins and overhead cost reductions of nearly 20 percent drove earnings to exceed company expectations.

Higg Co Appoints VP Global Partnerships

Higg Co, the technology company behind the Higg Index platform, has appointed ex-Microsoft executive, Josh Henretig, as the company’s new vice president of global partnerships.

Tony Hsieh To Retire From Zappos

Tony Hsieh, CEO of Zappos, announced plans to retire after guiding the online footwear giant for two decades. Zappos’ COO Kedar Deshpande will succeed Hsieh as CEO.

Big Sur Marathon Foundation Suspends Operations

The Big Sur Marathon Foundation announced that it will suspend all race operations, effective September 30, and through the Monterey Bay Half Marathon race weekend that was set to take place in November 2021.