The platinum hip-hop group will lead several Finish Line marketing initiatives featuring themselves, as well as other social influencers and the latest and greatest products in the marketplace.
Category: Footwear
Arc’teryx Recalls Ski Mountaineering Boots
Arc’teryx Equipment is recalling about 3,900 Arc’teryx Procline boots. The axis pin located at the rear of the boot can dislodge, resulting in damage to the boot and posing a fall hazard.
Nike Swim And Golf Lifestyle Boost Perry Ellis’ Q2 Results
Golf Lifestyle Sportswear’s sales increased by mid teens with over 28 percent growth by Callaway apparel as well as strong contributions from PGA Tour, Jack Nicklaus and Ben Hogan. Nike Swim’s gross sales were up double digits.
More Parents Holding Off On Back-to-School Shopping
According to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, the average family with children in grades K-12 had completed only 45 percent of their shopping as of early August. That’s down from a peak of 52 percent at the same time in 2013 and 48 percent last year, and the lowest level since 40 percent in 2012.
Tilly’s Q2 Benefits From Traffic Pick Up
Boosted by its strongest in-store traffic seen in several years, Tilly’s Inc. achieved its fifth consecutive quarter of improved year-over-year operating results. Earnings benefited from comp sales growth, gross margin increase and SG&A reductions.
Sears’ Q2 Comps Slumped 11.5 Percent
Sears Holdings reduced its net loss in the second quarter to $251 million from $395 million. Comparable store sales declined 11.5 percent.
REI Invests $1 Million To Connect Women With The Outdoors
As part of its commitment to create access to the outdoors for all, REI has invested $1 million in organizations across the country that are creating opportunities to connect women and girls to nature.
PVH’s Q2 Earnings Improve
PVH Corp., the parent of Speedo, reported earnings per share was $1.69 on a non-GAAP basis for the second quarter compared to $1.47 in the prior year period. Revenues increased 7 percent.
Tilly’s Q2 Earnings Jump Two-Fold
Tilly’s Inc. reported profits jumped 121 percent on an adjusted basis in the second quarter as expenses were reduced sharply, margins improved slightly and comps grew 2.1 percent.
Outdoor Participation Shows Some Recovery
The Outdoor Foundation’s newly-released Outdoor Recreation Participation Report found that 48.8 percent of the U.S. population participated in an outdoor activity at least once in 2016, up from 48.4 percent in 2015.
NSGA Highlights Importance Of Physical Retail
The National Sporting Goods Association (NSGA) cautioned industry executives not to overreact to what it considers to be “incorrect conclusions” found in an study from Astound Commerce on the value of vendor stores and websites.
Skechers Signs Tony Romo
Skechers signed Tony Romo, the recently retired Dallas Cowboys quarterback, as a brand ambassador.
Asics America Unveils New Retail Concept
Asics America Corp. opened a new store format at the Mall of America in Minnesota.
361 Degrees’ Sales Climb 10 Percent In First Half
361 Degrees International Limited reported earnings in the first half rose 16.5 percent on a 9.5 percent sales gain.
Modell’s To Open 2nd Store On 125th Street
Modell’s Sporting Goods on August 24 will open its second location on 125th Street in Harlem. This will bring Modell’s total store count to 159 locations.
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