Urban Outfitters Inc. announced net income of $34 million, or 35 cents a share, for the three months ended July 31, down from $60.3 million, or 61 cents, a year ago.
Category: Footwear

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 […]

Foot Locker Opens Community Power Store In Compton
Foot Locker announced the grand opening of its first West Coast community-based Power Store in Compton, CA. The 12,800- square-foot store is scheduled for August 26.

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.

Bass Pro Memphis Pyramid To Open Wahlburgers Wild Restaurant
Bass Pro Shops at the Pyramid in Memphis, TN, will add a Walburgers restaurant concept, unique to Bass Pro Shops. The new concept, called “Wahlburgers Wild,” will be the first of its kind from the Wahlburgers chain of restaurants.

Waldorf University Signs With Nike, BSN Sports
Warrior University, based in Forest City, IA, signed an agreement with BSN Sports to outfit the Warrior athletic teams in Nike uniforms and with Nike gear for the next five seasons.

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.

Black Diamond Expands Retail Footprint To Park City
Black Diamond Equipment (BD), a manufacturer of climbing, skiing and mountain sports equipment, announced plans to expand its retail footprint to Park City, UT and will host a series of in-store events on September 5-6.

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.
NFL Tops Sports Licensors Ranking
National Football League was the top global sports licensor and ranked 16th overall in License Global magazine’s list of top 150 global licensors.

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.

Under Armour To Open Outlet at Pittsford Plaza
Under Armour will soon be opening a store at Pittsford Plaza in Rochester, NY. The 7,017 square foot store will hold grand opening celebrations from August 28 to 30.