Unifi Inc., the producer of recycled and synthetic yarns, reported profits dropped in the first quarter ended September 30 as a result of higher raw material costs and warned the second-quarter earnings would be impacted by a “surge” in polyester raw material costs in September. Sales in the first quarter rose 10.6 percent.
Category: Sports/Fitness
Sports Inc. Teams Up With TeamWorks School Fundraising App
Sports Inc. and TeamWorks Inc., the team fundraising application, have partnered to help schools and leagues raise money.
Golf Rounds Played Drop In September
According to Golf Datatech, golf rounds played in the U.S. were down 7.2 percent in September year-over-year on a national level.
Ogio Announces Global Brand Refresh
Ogio International Inc., which is owned by Callaway Golf, announced a global brand refresh featuring a new line of products, refined messaging, new website and modernized logo.
Jordan Spieth Joins Club Champion As Brand Ambassador
Club Champion, the nation’s leading custom club fitting and building company, has announced a multi-year agreement with three-time Major Champion Jordan Spieth.
Knight Commission Urges Financial Transparency Of Shoe And Apparel Income
In the wake of last week’s felony convictions for pay-to-play college basketball schemes, the Knight Commission on Intercollegiate Athletics pressed the NCAA to establish more demanding standards for oversight, including public transparency of shoe and apparel income, and professional preparation and certification of college basketball coaches.
Nautilus’ Q3 Profits Slide
Nautilus Inc. reported net profits slumped 45.8 percent in the third quarter as weakness in the company’s Direct segment offset gains at Retail. Results were generally in line with expectations.
Hibbett Sports To Acquire City Gear
Hibbett Sports Inc., an athletic specialty retailer, on Monday announced that the company has signed a definitive agreement to acquire privately held City Gear, a city specialty retailer of premium athletic footwear, apparel and accessories with 135 stores in 15 states.
Retail Reports Roundup
Retail studies arrived on the online benefit to having physical stores, holiday spending forecasts on tech gadgets and seasonal celebrations, the challenges facing online holiday delivery, the positive payback from creating emotional connections and responding to online reviews.
NRF Survey: Consumers Will Increase Holiday Spend 4.1 Percent In 2018
Consumers say they will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
Puma Signs David Silva
Puma announced that Spanish midfielder David Silva, known as “El Mago” (the magician), has signed with Puma Football. He had been with Adidas.
University of Louisville Unveils Adidas-Funded Ethical Leadership Project
The University of Louisville said Adidas has pledged $1 million to support a new program focused on ethical leadership.
Puma Taps Havas As Media Agency Of Record
Puma has hired Havas Media as the company’s new global media agency for buying and planning following a review according to a report in Advertising Age.
Foot Locker Holds 18th Annual On Our Feet Fundraising Gala
The Foot Locker Foundation joined together members of the athletic industry for the foundation’s 18th annual “On Our Feet” fundraising gala. The event, which took place on Tuesday, October 23 at New York City’s Pier Sixty at Chelsea Piers, benefits educational and other youth initiatives supported by the Foot Locker Foundation.
Asics Unveils Next Chapter Of I Move Me Campaign
Asics America Corp. debuted the next chapter of the I Move Me campaign in North America, featuring two-time Grammy-nominated producer/DJ Steve Aoki and a new cast of storytellers from the worlds of music, sport, art and food.
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