Goodr CEO To Speak At Running USA Conference

Running USA announced that Stephen Lease, who co-founded Goodr sunglasses in 2015 and serves as the company’s CEO (chief executive octopus), will deliver a Tuesday keynote presentation at the running organization’s annual conference, set for February 10-12 in San Juan, Puerto Rico.

Foot Locker Bullish On Holiday

Foot Locker Inc. reported third-quarter earnings that topped Wall Street’s targets as greater full-price selling boosted margins. The sneaker chain also gave an upbeat outlook on holiday selling on improving comp growth. The footwear category comped positive for the first time in six quarters.

Athleta’s Momentum Continues

Gap Inc. said its Athleta chain continued to deliver healthy positive cop gains in the third quarter, led a strong performance by its newer girls offerings during the back-to-school season.

Asics America Partners With Right To Play

Asics America Corporation is teaming up with Right To Play (RTP) this holiday season to help get kids moving, powered by the contributions of consumers at Asics stores across the country this Giving Tuesday.

North Face Amps Up Engagement And Storytelling In Williamsburg Concept Store

In a walk-through of North Face’s new Protoype concept in Williamsburg, Mark Parker, the brand’s VP of direct to consumer (DTC), said the store showcases North Face’s expansive lifestyle offerings, puts a major focus on community engagement and will serve as a testing lab for future retail ideas. Said Parker, “This is a place where we’re going to play and learn.”

Foot Locker Offers Upbeat Holiday View On Robust Q3

Foot Locker Inc. reported third-quarter earnings rose 9 percent before special items due to improved margins and a 2.9 percent gain in same-store sales. Earnings topped Wall Street’s average target by 3 cents. Dick Johnson, CEO, said the company is “well positioned to produce even stronger results in the all-important holiday selling season and the fourth quarter overall.”

Kohl’s Sees Q3 Comps In Active Segment Jump 10 Percent

The Active segment for Kohl’s, which has grown to represent about 20 percent of the retailer’s mix, saw comps climb 10 percent in the third quarter and Kohl’s officials believes the chain is increasingly being perceived as a go-to place for active apparel. Shares slipped on a weak guidance for the fourth quarter.

UFC Announces Major Expansion In China

UFC, the Mixed Martial Arts (MMA) organization, on Tuesday announced plans to open the world’s largest, state-of-the-art MMA training and development facility in Shanghai, China, in 2019.  This announcement comes as UFC brings its first-ever event to Beijing this week.

Dallas Mavericks And Lympo Launch Blockchain Fitness App

Mark Cuban, owner of the Dallas Mavericks, together with Antanas Guoga, co-founder of Lympo, announced the official launch of Lympo, the nation’s first blockchain fitness app, and the first of its kind that rewards users with crypto tokens holding real monetary value that can be exchanged for premium products within its own in-app Lympo Shop.

Former Louisville Recruit Brian Bowen Sues Adidas

A law firm filed a federal suit on behalf of Brian Bowen, former Louisville and South Carolina basketball recruit, against Adidas, alleging “violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act.”