SGB Executive Apparel
Online, Mobile Sales Outperform On Black Friday
More online shopping, less in-store shopping — that was an easy prediction to make for the kickoff to the 2016 holiday shopping season. Just how big the shift came in surprised even the experts.
Judge Blocks New Overtime Rule
The new rule, which would have qualified millions more Americans for overtime pay, including many working retail in the active lifestyle industry, now stands on shaky ground.
Hibbett Cuts Guidance On Weather Concerns
Due largely to accelerated markdown on cold-weather merchandise, third-quarter earnings came in short of Wall Street estimates and EPS guidance was lowered for the year.
Sportsman’s Warehouse Sees Post-Election Firearms Upside
CEO John Schaefer sees nothing but upside to the recent Republican victory, despite the irony that a Democrat in the White House greatly improved firearm sales, a key part of the retailer’s business.
Foot Locker Rides Strength In Lifestyle
The sneaker specialist sees a growing momentum for lifestyle running and casual footwear offerings, as well as a resurgence in popularity for Adidas and Puma.
Aisle Talk, Week Of November 14
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of November 14
The leading figures from this week’s news in the active lifestyle space.
Perry Ellis Golf Boosted By Warm Weather In Q3
The company’s PGA Tour, Ben Hogan and Callaway golf apparel licenses led the gains, while its Nike Swim brand grew at a double-digit pace.
Sierra Trading Post Shifts Online Promotional Strategy
Outdoor consumers who have grown accustomed to Sierra Trading Post’s (STP) website touting consistent 60-, 70- and 80-percent off deals have begun hearing a different tune from the discount outdoor retailer.
Dick’s Outperforms, But Gives Caution To Q4
While it’s gained a competitive advantage in the marketplace following other store closures, the nation’s largest sporting goods retailer gave a conservative fourth-quarter outlook that fell below Wall Street’s targets.
Finish Line Writes Off JackRabbit, Confirms Sale Process
Finish Line Inc. will take a goodwill impairment charge in its third quarter of $44 million to write off its struggling run specialty business.
Gildan Makes A Play For Fashion With American Apparel Bid
With no plan to acquire any of American Apparel’s retail operations out of bankruptcy, Gildan will explore repositioning the brand as a wholesale business.
Outdoor Retailer Backwoods Files For Bankruptcy
With 10 locations across Texas, Oklahoma, Kansas and Colorado, the retailer faced declining sales amid competition from online and big-box stores as well as pressure from a slew of other bankruptcies in the space.
Mizuno Lowers Guidance On Americas Weakness
Sales in the Americas region were down 14.5 percent on a currency-neutral basis for the six months ended September 30.
Asics America Sees Drop In U.S. Sales
Revenues dropped 11.3 percent in the third quarter, impacted by the Sports Authority liquidation and struggles in the run channel.
