Asics showed a loss of ¥1.74 billion ($16.1 mm) in the North America region in the third quarter against a loss of ¥534 million a year ago. Sales in the quarter dipped 0.1 percent to ¥21.17 billion ($196 mm) from ¥21.19 billion.
Category: Footwear
Genesco Names Chief Accounting Officer
Genesco Inc. announced the appointment of Brent Baxter as the company’s new vice president, chief accounting officer, succeeding Paul Williams, who recently announced his retirement after 42 years with the company.
Crocs Announces Secondary Offering
Crocs Inc. announced that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 6.86 million shares of Crocs common stock.
Olympia Sports Selects Agent To Conduct Closing Sale For 76 Stores
Olympia Sports, the Maine based athletic footwear and apparel chain, has selected SB360 Capital Partners LLC (www.sb360.com), as their exclusive agent to conduct “Store Closing” sales in 76 stores. Olympia, which was recently acquired by sports retailer JackRabbit, will continue to operate its remaining 75 stores under the Olympia Sports’ banner.
Asics Acquires Race Roster
Asics Corporation announces the acquisition of Race Roster, a leading race registration platform for running events. Race Roster will join Asics Digital’s portfolio of consumer-focused running platforms. As part of the agreement, Asics formed a new Canadian subsidiary known as Race Roster North America.
Hibbett Sports Launches Same-Day Delivery In Four Regional Markets
Hibbett Sporting Goods Inc. announced same-day delivery via Shipt as the latest enhancement to the www.Hibbett.com shopping experience.
Crocs Welcomes Priyanka Chopra Jonas As Global Brand Ambassado
Crocs Inc. announced award-winning actor, activist and entrepreneur Priyanka Chopra Jonas has been signed as a global brand ambassador for the 2020 “Come As You Are” campaign.
Skechers Opens Store in Disneytown At The Shanghai Disney Resort
Skechers opened a Skechers flagship retail store in the Disneytown shopping district at the Shanghai Disney Resort. The new Skechers Kids Brand Experience store, which opened on October 20, is the first Skechers retail location at a Disney resort property.
Anta Partners With IOC
The International Olympic Committee (IOC) announced that Anta has become its official sportswear uniform supplier until the end of 2022 at a signing ceremony at the Olympic Museum in Lausanne, Switzerland.
Shimano’s Sales Climb 6 Percent In Nine Months
Shimano Inc. reported net sales in the nine months increased 6.1 percent to ¥269.5 billion ($2.5 bn). Operating income increased 5.4 percent to ¥50.4 billion ($463 mm)
Crocs Earnings Increase Nearly Three-Fold In Q3
Crocs Inc. reported third-quarter earnings on an adjusted basis tripled on a 19.8 percent revenue gain. Both earnings and sales topped estimates and the full-year outlook was again raised.
Record-breaking $2.2 Million Raised At 11th Annual Skechers Pier to Pier Friendship Walk
The Skechers Pier to Pier Friendship Walk continued the Skechers Foundation’s 11-year tradition of record-breaking donations for kids — raising more than $2.2 million for children with special needs and education at Sunday’s event, and more than $13 million in total since its start.
Sneakertopia To Feature Jason Dussault Exhibit
World-renowned mosaic artist Jason Dussault announced that he will be one of the artists featured at this month’s Sneakertopia, the world’s first pop-up museum designed and dedicated to sneakers and their relation to art, culture and society.
Amazon Seen With Pricing Lead Heading Into The Holiday
Amazon is charging into the holiday shopping season with a strong appeal to consumer wallets, beating other U.S. online retailers on price by 20 percent, on average, across key product categories, according to Profitero’s latest study. Overall, Amazon prices were found to be 20 percent cheaper on average than other online retailers.
New Balance Partners With Figs
New Balance launched its first capsule collection with medical apparel company Figs that will mark the brand’s first foray into medical apparel design.
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