GoPro Inc announced revenue and gross margin for the third quarter of 2017 are both expected to be at the high end of its previously announced respective ranges of between $290-$310 million and 36-38 percent.
Category: Sports/Fitness
Gap To Ramp Up Athleta Expansion
Gap Inc. said expects Athleta’s sales to exceed $1 billion in net sales in the next few years as it shifts its growth focus away from its flagship Gap chain and Banana Republic toward Athleta and Old Navy.
NRF Lowers 2017 Forecast Following Government Data Revision
The National Retail Federation adjusted its forecast for retail sales for 2017, saying sales are now expected to increase between 3.2 percent and 3.8 percent rather than the 3.7 to 4.2 percent forecast earlier this year.
Skechers Signs 17-Time National Champion Edward Cheserek
Skechers Performance, a division of Skechers USA, Inc., announced that 17-time NCAA National Champion, Edward Cheserek, will join the roster of Skechers Performance elite athletes.
Nike Sets More Layoffs
After laying off 255 employees in Oregon in July, Nike Inc. told the state it is scheduled to lay off an additional 490 by the end of September.
Dick’s SG Believes Golf And Best Buy Turnarounds Offer Hope For Athletics Recovery
On Tuesday at Goldman Sachs’ 24th Annual Global Retailing conference in New York City, Ed Stack, chairman and CEO of Dick’s Sporting Goods, likened the potential recovery in the athletic space to the recent bounce back in the golf category as well as the surprise turnaround by Best Buy.
Dick’s SG Announces Grand Opening Of 10 New Stores In Six States
Dick’s Sporting Goods will be opening eight new Dick’s Sporting Goods stores and two new Field & Stream stores in the first half of September.
Sports Direct’s Next Generation Stores Exceeding Expectations
Sports Direct confirmed ahead of its annual general meeting that sales in its new generation flagship stores continue to exceed internal expectations as Sports Direct moves towards becoming the “Selfridges” of sport.
Newell Brands Cuts Outlook On Harvey Impact
Newell Brands announced that it is updating its 2017 normalized earnings per share guidance for the anticipated effects of Hurricane Harvey on its U.S. manufactured resin businesses, including increasing inflationary pressure through the third quarter.
Hookit Raises $16 Million To Fuel Growth
Hookit, the sponsorship analytics and valuation platform, announced it has raised $16 million in growth capital.
Study: Let Me Run Fosters Healthy Masculinity
A recent independent study conducted by University of North Carolina at Greensboro’s Institute found Let Me Run is making a substantial positive impact in boys’ lives.
Soccer.com Joins Hurricane Relief Efforts
Soccer.com has designed a special Hurricane Harvey Relief T-Shirt, pledging to donate all proceeds from the sales of the shirt to hurricane relief efforts following the devastating impact of the storm in Texas and Louisiana.
Project Play 2020 Launches To Grow Youth Sports Participation
More than a dozen leading sport, health, media and other organizations – including Nike, Dick’s Sporting Goods, SFIA, MLB and NBA – have partnered to grow national sport participation rates and related metrics among youth.
STX Signs Great Britain Field Hockey Star
Baltimore-based STX LLC announced the signing of British national field hockey player, Ashley Jackson.
Longstreth Sporting Goods Partners With Women’s Professional Lacrosse
Longstreth Sporting Goods and the Women’s Professional Lacrosse League (WPLL) announced a partnership and the launch of an exclusive online store for WPLL apparel.
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