Puma said it now expects that currency adjusted sales will increase between 12 percent and 14 percent. Previous guidance called for a currency adjusted increase at a low double-digit percentage rate.
Category: Footwear
Puma Lifts Profit Forecasts
Puma raised its guidance for the year after posting promising second-quarter results.
Keen Creates Customization Robot
Keen Inc. has created the UNEEKBOT, a robot that will assemble made to order custom UNEEK footwear for fans in real time.
NRF Predicts 10 Percent Gain In BTS Sales
With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year while back-to-school spending is expected to see its second-highest spending level on record, according to the National Retail Federation’s annual survey.
June Sales Climb 3.2 Percent
Retail sales in June were essentially unchanged over May on a seasonally adjusted basis, but up 3.2 percent unadjusted from June 2016, according to calculations released by the National Retail Federation.
How Do The Outdoor Retailer Changes Affect The Media?
While much of the attention has focused on the needs of vendor and retailers, the earlier dates, combined winter show and Outdoor Retailer’s move to Denver will also impact the wide range of media attending the shows. But they don’t solve the challenges caused by the shows becoming more consumer-oriented.
Aisle Talk, Week Of July 10
Top headlines from the active lifestyle industry you may have missed this week.
Dick’s Launches ‘Celebrate Youth Sports Weekend’
From July 14 to 16, Dick’s Sporting Goods will donate 1 percent of in-store, online and mobile sales to The Dick’s Sporting Goods Foundation to support youth sports teams in need across the country via its Sports Matter program.
Sally Jewell To Keynote OIA Industry Breakfast
Jewell will urge the outdoor industry to use its influence to drive smart policy that supports public lands and their importance to outdoor recreation and economic opportunity.
Caleres Appoints President For Its New Men’s And International Division
Caleres announced the appointment of Malcolm Robinson as president of the company’s new Men’s and International division.
Asics To Present Fourth Runkeeper Global 5K
The Global 5K is a virtual race that can be run anywhere in the world, at any pace. Last year it attracted over 101,000 runners.
OluKai Continues POW! WOW! Partnership
OluKai will continue its partnership with POW! WOW! as an official footwear sponsor of POW! WOW! Long Beach, a weeklong festival that brings art and culture to public spaces.
Puma Releases World’s Biggest Kit Launch
Each kit is dark and fearsome in color, technically-advanced, premium in materials and features unique detailing inspired by the individual club’s stadium or town, so home pride is with them wherever they go.
Jack Wolfskin Sold To Debt Holders
The debt for equity exchange will significantly reduce the outerwear manufacturer’s debt and arrives after a sales process found no serious bids.
Havaianas Fetches $1.1 Billion In Sale
The sale of the stake was expected as J&F Investimentos, the controlling shareholder of Alpargatas that handles the fortune of the billionaire Batista family, has been hit by a series of corruption scandals.
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