Delta Apparel said it expects sales to decline 6.7 percent in the first quarter ended December 28, Sales were impacted by the shorter holiday calendar combined with an earlier shipping cut-off for in-hands holiday receipts.
Category: Sports/Fitness
Lululemon Raises Q4 Guidance
Lululemon Athletica Inc. lifted its guidance for the fourth quarter due to strong holiday sales. Total comparable sales are expected to increase in the mid to high teens on a constant dollar basis.
Nike Extends Deal With Chinese Athletics Association
Nike and the Chinese Athletics Association (CAA) signed a long-term partnership extension through to 2033.
Nike Outlet Store To Close At Corpus Christi Bay
The Nike Factory Store at Outlets at Corpus Christi Bay in Robstown, TX is closing.
NFL Enters Global Apparel Collaboration With H&M
The National Football League announced a partnership with Swedish-based fast-fashion retailer H&M to launch a range of NFL-branded apparel and accessories to support the league’s growth overseas.
Adidas Golf Adds Two-Time PGA Tour Winner
Adidas Golf signed two-time PGA Tour winner Daniel Berger to a multi-year contract that includes him wearing Adidas headwear, apparel, footwear and accessories on the course.
Avenatti Ordered To Face Fraud Charge
A Manhattan federal judge denied Michael Avenatti’s bid to dismiss the third count of an indictment accusing the embattled lawyer of trying to extort Nike Inc. over his alleged knowledge of basketball recruiting violations.
Report: Equinox Seeks Funding To Expand Digital
Equinox Group, the operator of Equinox Fitness Clubs, Blink Fitness, Pure Yoga and SoulCycle, is an advanced talks to secure additional funding to expand its digital platform, according to a report from Bloomberg.
Dick’s Closes Location In Plainville, CT
Dick’s Sporting Goods has closed its location in Plainville in Connecticut.
PVH Corp. Names Regional President, PVH Asia Pacific
PVH Corp. announced that Tom Chu will become regional president of PVH Asia Pacific, effective February 1, 2020.
Target Launches All in Motion Sports Brand
Target has launched a proprietary All in Motion sports brands. Items will range from sports bras and leggings to hand weights and yoga mats.
Largest Orangetheory Franchisee Acquires Significant Operations In New England
Honors Holdings, a leading franchisee of Orangetheory Fitness, announced its expansion into the northeast U.S. with several recent acquisitions including 12 corporate-owned studios and area development rights for both Massachusetts and Rhode Island.
Lululemon Appoints Nikki Neuburger Chief Brand Officer
Lululemon Athletica Inc. appointed Nikki Neuburger as chief brand officer, effective January 20. She was most recently global head of marketing for Uber Eats. Previously, Neuburger spent 14 years at Nike, most recently serving as the company’s global vice president of Nike Running.
True Sports Names Chris Considine CEO
True Sports, the maker of golf, hockey, lacrosse and baseball equipment, announced the appointment of Chris Considine as president and chief executive officer, effective immediately. The company makes products under the True Temper, Project X, ACCRA, Aerotech and True brands.
2020 Varsity Brands School Spirit Awards Now Open
Varsity Brands, the parent of BSN Sports, Varsity Spirit, and Herff Jones, announced that it has officially opened submissions for the fifth annual 2020 Varsity Brands School Spirit Awards.
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