The retailer remains confident they will get more allocation on key Nike product this coming fall and holiday, but is also busy going about the business of doubling Hoka each quarter, expanding Asics fueling New Balance growth and getting on the On brand train for the ride.
Category: Sports/Fitness
Pacsun to Drop Team USA Streetwear Collection Celebrating Olympic Games Paris 2024
The collection features three capsules—International Olympic Committee Heritage, USA Heritage and Team USA for men and women. Various Olympic-themed styles will also launch under Pacsun’s Kids line.
Pickleball Kingdom Signs Original Penguin as Official Apparel Provider
This partnership aims to support the growing community of pickleball players by offering Original Penguin apparel to enhance play.
Planet Fitness, Inc. Proposes Debt Refinancing Transaction
The company intends to issue $600 million Series 2024-1 Fixed Rate Senior Secured Notes, Class A-2, with the potential to upsize up to $800 million, subject to market conditions and other factors.
Crunch Franchise Opens Fourth Location in Kansas
This new facility is the 55th nationwide for franchisee Fitness Ventures, the fourth in Kansas and the second in Kansas City for the franchise.
Puma North America Opens New Arizona Distribution Center
The 1.2 million-square-foot automated distribution center in Waddell, AZ, includes 3.5 miles of conveyor, automatic retrieval and storage robots, and a new cubing process to optimize customer packaging.
Kohl’s Corporation Shares Fall as Retailer Cuts Guidance on Poor Fiscal Q1 Showing
Shares were down over 20 percent in pre-market trading on Thursday after the mid-tier retailer missed on estimates for the first quarter and then cut guidance for the year.
Foot Locker, Inc. North America Q1 Comps Down 2.5 Percent on DD Declines at Champs
Champs continues to be the big drag for Foot Locker as the company repositions the banner. Champs comped down in the mid-teens in Q1 as total sales fell nearly 19 percents year-over-year. Foot Locker banner comps were up 0.8 percent and Kids Foot Locker comps grew 6.4 percent.
New Era and Newcastle United Launch Headwear Collection
New Era will introduce a limited-edition 59Fifty cap with contrasting white stitching throughout to celebrate the new range, calling out iconic Newcastle United phrasing.
Life Time Closes on $40M Sale-Leaseback Transaction
The proceeds will reportedly support growth and strengthen the company’s balance sheet.
New Pro Volleyball League Posts Solid Year One Metrics; Sees Top Salaries Rising for 2025
Pro Volleyball Federation, the newest women’s professional indoor volleyball league in the U.S., will continue lead in player compensation, as top salaries for 2025 were set at $175,000, with additional benefits of approximately $10,000 per player.
EXEC: Dick’s SG Leadership Details Q1 Comps, House of Sport, 50K Stores, Q2 View
First-quarter comps were reportedly driven by a 2.7 percent increase in transactions and a 2.6 percent increase in average ticket with strength across footwear, athletic apparel and hardlines. DKS will begin to anniversary the higher shrink rates from 2023 in the second quarter.
Innovative Eyewear, Inc. to Launch Eddie Bauer Smart Eyewear with ChatGPT
The Eddie Bauer Smart Eyewear collection will debut with four polarized sunglass styles, showcasing a rimless smart eyewear design and includes voice access to ChatGPT.
Sierra Celebrates 100th Store Opening
The 20,000-square-foot storem part of TJX Companies, Inc., will open on May 31 in Deertrace Kohler shopping center in Sheboygan, WI.
Beyond Yoga Opens at Bellevue Square Mall
The second Beyond Yoga flagship outside California opened in the Seattle area on May 29.
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