Adidas AG reported net income from continuing operations decreases 2 percent, as expected, in the third quarter as revenues grew 6 percent on a currency-neutral basis. The outlook for the full-year was confirmed with expectations for significant top-line acceleration expected in Q4.
Category: Footwear
Bogs Sales Climb 12 Percent In Q3
Weyco Group reported sales for the Bogs outdoor footwear brand grew 12 percent in the third quarter. Overall sales gained 5 percent as gains at Bogs and Florsheim offset declines at Stacy Adams and Nunn Bush.
Adidas Partners With International Space Station
Adidas announced its multi-year partnership with the International Space Station (ISS) U.S. National Laboratory, managed by the Center for the Advancement of Science in Space – CASIS, to explore the boundaries of product innovation, human performance and sustainability.
Mizuno Partners With The Australian Paralympic Team For Tokyo 2020
Mizuno has been named as the ‘Official sport shoe supplier of the 2020 Australian Paralympic Team’. This partnership is a first for the brand in Australia and will see them fit out over 400 athletes and staff with their uniform shoe.
Pelé Soccer Opens Flagship In Times Square
Pelé Soccer announced the opening of its flagship location in Times Square on November 4, 2019, where fans and players can “shop the beautiful game” in New York City.
Vans Ambassadors Support Checkerboard Day
Vans is celebrating #VansCheckerboardDay with the launch of a Global Ambassador Charity Auction in partnership with eBay for Charity, featuring a collection of footwear and backpacks designed to inspire creative self-expression.
Foot Locker Opens Registration For ‘Fueling the Future of Footwear’ Master Class
Foot Locker, New Balance and Pensole Footwear Design Academy announced the registration for their January 2020 “Fueling the Future of Footwear” master class and design competition.
Tim Boyle To Serve As Acting Chairman Of Columbia Sportswear
Columbia Sportswear Company announced that, in accordance with prior actions by the company’s board of Directors, President and CEO Timothy P. Boyle will serve as acting chairman of the board following the passing of Gert Boyle.
Hoka One One Named Presenting Sponsor Of Western States
Hoka One One has been named the presenting sponsor of the Western States 100-Mile Endurance Run, WSER President John Medinger announced.
Li-Ning Launches First Retail Showrooms In Canada
Li-Ning, China’s sports brand, announced that for the first time ever in Canada its extensive collection of racket sport equipment, shoes and apparel is available in standalone retail showrooms.
Floorplan, Education And Events Schedule Ready For Outdoor Retailer + Snow Show
Outdoor Retailer unveiled the floorplan and events and education schedule for the Outdoor + Snow Show 2020.
Under Armour Beats Q3 Targets, Reduces Full-Year Revenue Guidance
Under Armour reported quarterly earnings and sales that topped Wall Street’ estimates, but the company trimmed its revenue outlook for the full year, citing “traffic challenges” at the DTC channel and lower than planned excess inventory to service the off-price channel. The company expects earnings to reach the high end of its previous range.
Under Armour Faces Federal Accounting Probe
Under Armour is the subject of federal investigations by the Justice Department and Securities and Exchange Commission over its accounting practices, the company confirmed Sunday.
Asics North America Sees Third Consecutive Quarter Of Growth
The third quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive quarterly and year-to-date growth driven by increased traffic to both online e-commerce, retail channels, according to a statement from Asics North America.
Genesco Promotes Mimi Vaughn To CEO
Genesco Inc. announced that Mimi Eckel Vaughn, 53, currently the company’s senior vice president and chief operating officer, has been named Genesco’s next president and chief executive officer, effective February 2, 2020, the start of the company’s new fiscal year.
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