Vans and Lululemon are crushing it with teens. Nike and Adidas are plateauing while Under Armour and Supreme appear to be losing ground. But athletic apparel and footwear categories overall continue to grow in appeal with teens, according to Piper Jaffray’s 37th semi-annual Taking Stock With Teens survey.
Category: Footwear
Ecco’s Revenues Climb 3 Percent In 2018
Ecco reported sales in 2018 rose 3.1 percent to €1.31 billion from €1.27 billion in 2017. Profits before tax advanced 9.2 percent to €201 million from €184 million.
Pearl Izumi And The Renewal Workshop To Offer CircleBack Program At Sea Otter Classic
Pearl Izumi and The Renewal Workshop are setting up shop at the Sea Otter Classic, April 11-14, 2019, to collect used Pearl Izumi gear to repair and refurbish through CircleBack, giving gently used products a second life instead of adding to landfills.
IMF Study Finds Tariffs Can’t Fix Trade Problems
New research from the International Monetary Fund (IMF) finds that if the U.S. and China raise tariffs to 25 percent on all goods traded between the two countries, the U.S. economy would lose between 0.3 and 0.6 percent in growth, the Chinese economy would lose between 0.5 and 1.5 percent, and global growth would slow by 0.1 and 0.2 percent.
Saf-Gard Safety Shoe Acquires Michigan Industrial Shoe And Great Lakes Industrial Shoe
Saf-Gard Safety Shoe Company, the supplier of top-quality safety shoe footwear, recently completed the purchase of Michigan Industrial Shoe, and Great Lakes Industrial Shoe.
Puma To Become Formula 1’s Exclusive Retail Partner At Race Weekends
Puma announced a long-term partnership with Formula 1 to become the exclusive merchandise retail partner from the start of the 2019 season.
Sports Participation Roundup
Extensive research from Women In Adventure touting the strong connection between women in the outdoors and their mental well-being highlighted the latest round of sports participation surveys and studies. Research also arrived on running-race sign-ups, tennis participation, gym memberships, tackle football and more.
Uli Becker And Bernd Wahler Join Hype Sports Innovation
Hype Sports Innovation said Uli Becker, ex-president of Reebok, and Bernd Wahler, former president of VfB Stuttgart who also served as Adidas CMO, have joined the firm. Hype Sport also said it is launching a $75 million sports tech fund.
Moody’s: J.C. Penney Store Closings Pressure U.S. REITS
Store closures as part of J.C. Penney’s turnaround plan will keep the pressure on US real estate investment trusts (REITs) and commercial mortgage-backed securities (CMBS) to mitigate their exposure to associated risks, Moody’s Investors Service said in a new report.
US Youth Soccer Unveils New Brand Identity
US Youth Soccer, the largest youth sport organization in the United States, today announced a complete redesign of its brand. The refreshed look and feel reflects the organization’s commitment to making soccer the preeminent youth sport in the country.
La Sportiva Hires Ascension Sales To Represent The Rockies
La Sportiva announced the hiring of Ascension Sales to represent the brand in Colorado, Utah, Wyoming, and New Mexico.
Outdoor Companies Step Up For “We Keep It Wild” Campaign
A diverse assortment of 22 companies are hosting fundraisers and online promotions during the month of April to benefit The Conservation Alliance in the fifth annual “We Keep It Wild” campaign.
Salomon Announces New Outdoor, Run Marketing Hires
Salomon welcomed two new hires to its brand marketing leadership team in the United States, Becky Marcelliano and Erin Cooper, bolstering its commitment to the run and outdoor categories. Cooper, formerly of Saucony, joins as run marketing manager while Marcelliano, formerly of Deuter USA, will serve as outdoor marketing manager.
Reebok Launches First Loyalty Program
Reebok launched its first loyalty program, Unlocked, featuring both experiential and product-based benefits.
JCPenney To Close 27 Stores In 2019
JCPenney announced plans to close 27 stores this year. The closures include 18 full-time department stores and nine home and furniture shops.
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