Puma reported earnings rose 37.8 percent in the second quarter on improving margins and continued sales momentum. Sales rose 15 percent on a currency-neutral basis, led by an 18.7 percent gain in the Americas. The outlook for the year remained unchanged.
Category: Footwear
Adidas Opening Creative Community Space In Brooklyn
Coinciding with the latest iteration of its P.O.D. System sneaker, Adidas Originals announced the opening Factory 55 in the heart of Brooklyn’s Williamsburg neighborhood. Local artists, musicians and designers will lead workshops and open lab sessions on both zine and poster making, a neighborhood photography session, a ‘how-to’ tutorial on silk-screening t-shirts and more.
U.S. Road Race Participation Numbers Hold Steady For 2017
For the vast majority of road races of all sizes across the U.S., participation held steady in 2017, according to an analysis of road race participation trends released by Running USA.
Payless Appoints Mary Chris Gay to Board Of Directors
Payless Holdings LLC announced the appointment of Mary Chris Gay as an independent director of the company.
Meridian Community College Reaches Deal With Under Armour And BSN Sports
Meridian Community College signed a five-year partnership with Under Armour through an agreement signed with BSN Sports.
What’s Behind Brooks Running’s Shop-In-Shop Initiative?
On June 16, Brooks Running announced the company was partnering with 30 run specialty shops in the U.S. and Canada to launch the company’s first shop-in-shop program. SGB Executive reached out to Mike Billish, VP of U.S. sales, to explore the new program.
Worldwide Distributors Names Sean Maygra President
Worldwide Distributors (Worldwide), the Kent, WA-based buying cooperative for independent retailers, has named Sean Maygra as president.
OIA Releases First-Ever Sustainability Report
Outdoor Industry Association (OIA) released the association’s first-ever State of Sustainability in the Outdoor Industry report surveying 120 individual small, midsize and large companies in the outdoor industry to quantify the outdoor industry’s long-time collaborative efforts to reduce the impacts of its products and processes.
Outdoor Industry Leaders Issue Call-To-Action On Participation
Likening outdoor participation to a “leaky bucket,” the Outdoor Foundation Board Chair Sally McCoy, said at the OIA Industry Breakfast that the industry has been able to “get some people in but we’re losing more out the bottom.” Moreover, she said Outdoor Foundation research confirms “we’re late in the game” as far as reversing trends.
Nike Overhauls Compensation Structure After Internal Review
Nike Inc., according to an internal memo, plans to increase salaries for more than 7,000 employees after an internal pay review. The annual bonus awards process is also being changed.
Experience Counts … Demo Day Kicks Off Outdoor Retailer Summer Market
Outdoor brands took to Denver’s Confluence and Commons parks Sunday afternoon to showcase some of their newest offerings for 2019 and give retailers a chance to paddle SUPs, pedal e-bikes and check out dozens of products from water bottles to energy bars to a stand-to-pee accessory for women.
Brooks Running Releases New FastTrack Mobile Application
The Brooks FastTrack mobile application acts as a one-stop-shop for retailers to manage orders, check inventory and drop-ship directly to customers both inside and outside the physical retail store directly from a smartphone.
Flip Flop Shops Announces Exclusive Events For Prospective Franchisees
Flip Flop Shops, recently acquired by Bearpaw, is hosting three special Shop Days for prospective owners. In order to meet demand, the company has selected Los Angeles, Las Vegas and Orlando as host cities.
Scarpa Promotes Sarah Fansler To Direct Sales Manager
Scarpa North America promoted Sarah Fansler, who has worked at the brand for the past three years, to direct sales manager.
Chaco Footwear Launches First Brand Campaign
Chaco Footwear, part of the Wolverine Worldwide portfolio, launched the company’s first brand campaign, titled “Life is Fantastic on Foot.”
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