SGB reached out to Ryan Eckel, VP of Brand at Dick’s Sporting Goods, to discuss the inspiration behind the Contenders program, which allows U.S. Olympic and Paralympic hopefuls to work in Dick’s locations to help support their dreams. Twelve participants in the retailer’s Contenders program are participating in PyeongChang.
Category: Sports/Fitness
Shimano’s Cycling Sales Regain Momentum
Shimano saw sales in its Bicycle Components segment returned to double-digit growth in the fourth quarter while showing modest gains in its Fishing Tackle segment.
Asics America Widens Q4 Loss
Asics America widened its loss in the fourth quarter but saw earnings improve significantly in the full year. Sales in the region slid 7.2 percent in the quarter.
’47 Partners With Graffiti Artist OG Slick
Ahead of the NBA All-Star Game, ’47 announced the launch of a limited-edition collection of headwear and apparel designed by famed graffiti artist OG Slick.
January Retail Sales Climb 5.4 Percent
An improving economy fueled a healthy 5.4 percent increase in retail sales year-over-year, the National Retail Federation said. Among sectors, sporting goods stores showed the only year-over-year decrease, down 5.9 percent.
Foot Locker, Nike And Jordan Brand Celebrate 10 Years Of House Of Hoops
Timed for NBA All-Star 2018, the @HouseOfHoops Instagram account was launched with content featuring everyone from NBA players Kyle Kuzma, Devin Booker and Andre Drummond, to social influencers including King Imprint, Keone, Kid the Wiz and Lavaado.
PickleballCentral.com Announces Acquisition Of PickleballTournaments.com
Olla LLC, the parent company of PickleballCentral.com, announced that it has completed the acquisition of PickleballTournaments.com.
Asics Americas Profits Recover In 2017
Asics reported net earnings declined 16.7 percent in 2017 due to restructuring activities in its European operations. Profits in the Americas region bounced back as improved margins and a fewer bad-debt write-offs offset a 6 percent sales drop.
HanesBrands Completes Acquisition of Australian Intimate Apparel Seller Bras N Things
HanesBrands announced that it has completed the acquisition of Bras N Things, a leading specialty retailer and online seller of intimate apparel in Australia, New Zealand and South Africa.
Fitbit To Acquire Twine Health
Fitbit Inc. announced that it will acquire Twine Health, a health coaching platform that empowers people to achieve better health outcomes and helps health systems, health plans and workplace health providers lower healthcare costs.
Johns Hopkins University Partners With Cascade Lacrosse
Cascade Lacrosse, a leader in head protection, announced that Johns Hopkins University will wear Cascade helmets for the upcoming 2018 season.
Genesco Exploring Sales Of Lids Sports Group
Genesco Inc. announced that the company is initiating a formal process to explore the sale of its Lids Sports Group business. The company believes the “best long-term interests of the company and its shareholders to focus on building upon our core footwear platform” while the Lids business is undervalued as part of Genesco.
Under Armour’s Share Climb On Sales Beat, Signs Of Stability
While reporting a fourth-quarter loss and a significant expansion of its restructuring program, shares of Under Armour climbed $2.49, or 17.5 percent, on Tuesday to $16.72 as sales came in above guidance with the help of momentum internationally and the overall business showed some signs of stabilizing.
Under Armour Q4 Beats Sales Targets
Under Armour Inc. said it plans to take additional restructuring charges in the range of $110 to $130 million in 2018 while announcing that its fourth-quarter sales exceeded estimates and earnings matched estimates. CEO Kevin Plank said the results “demonstrate that the tough decisions we’re making are generating the stability necessary to create a more consistent and predictable path to deliver long-term value.”
Reebok Classics Partners With Pyer Moss
On Saturday, February 10 at Spring Studios in New York City, Reebok and Pyer Moss and its founder, Kerby Jean-Raymond, unveiled its first collaboration of men’s, women’s and unisex sportswear and footwear styles, during the inaugural presentation for the new Reebok by Pyer Moss line for Fall 2018.
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