SGB Executive Apparel
Dick’s Amps Up Price Match Guarantee
Dick’s Sporting Goods on Monday launched an expanded price-match policy that matches nearly all competitor’s online and offline prices, including Amazon, Wal-Mart and vendor websites.
Puma Raises FY Guidance On Q2 Momentum
Puma said it now expects that currency adjusted sales will increase between 12 percent and 14 percent. Previous guidance called for a currency adjusted increase at a low double-digit percentage rate.
How Do The Outdoor Retailer Changes Affect The Media?
While much of the attention has focused on the needs of vendor and retailers, the earlier dates, combined winter show and Outdoor Retailer’s move to Denver will also impact the wide range of media attending the shows. But they don’t solve the challenges caused by the shows becoming more consumer-oriented.
Aisle Talk, Week Of July 10
Top headlines from the active lifestyle industry you may have missed this week.
Jack Wolfskin Sold To Debt Holders
The debt for equity exchange will significantly reduce the outerwear manufacturer’s debt and arrives after a sales process found no serious bids.
Dick’s C-Level Continues To Undergo Revamp
Dick’s Sporting Goods’ hiring of Scott Hudler, formerly of Dunkin’ Brands, as SVP and chief marketing officer comes on top of a number of exec changes earlier in the year and underscores the sporting goods chain’s continued commitment to its omnichannel push.
Weak Second Quarter Growth Fails To Lift Outdoor Apparel Out Of The Red In 2017
It’s been a year of weak gains lately in the U.S. outdoor apparel market this year as sales growth of less than one percent in the calendar second quarter was not enough to offset the low- to mid-single-digit declines posted in the first quarter of the year, according to SSI Data.
Cornell University Ends Relationship With Nike Over Alleged Labor Issues
In response, Nike said in a statement that it’s “Code of Conduct meets or exceeds international standards set by the International Labour Organization’s conventions and while it is not possible to implement individual codes for over 1000 partner schools, we often find common ground that meets our shared expectations and enables us to move forward.”
Industry Excited About Outdoor Retailer’s Move To Denver
While many thanked Salt Lake City for hosting the show for the past 22 years and commiserated with their loss, most of the Outdoor Retailer show veterans reached out to by SGB Exec were thrilled with the decision to move the event to Denver for the next five years.
Aisle Talk, Week Of July 3
Top headlines from the active lifestyle industry you may have missed this week.
Cherokee Shares Tumble On Q1 Loss, Covenant Violation
Shares of Cherokee Global Brands were trading down $2.85, or 37 percent, to $4.90 in mid-day trading Friday after the company reported a surprise first-quarter loss and said it was seeking amendments to comply with certain covenants in its credit facility.
Outdoor Retailer Makes Denver Its New Home
After a confidential request for proposal (RFP) process, Denver was officially selected as the new OR host city at a press conference held in the City Park Rose Garden this morning.
Bass Pro/Cabela’s Merger Gains FTC Approval
In a regulatory on Wednesday, Cabela’s said the Federal Trade Commission informed the company on July 2 that it had closed its investigation of Bass Pro’s $5 billion buyout.
Nike Confirms Sales Through Amazon As Q4 Tops Expectations
“As we do with all of our partners, we’re looking for ways to improve the Nike consumer experience on Amazon by elevating the way the brand is presented and increasing the quality of product storytelling,” said Mark Parker, chairman, president and CEO, on a conference call with analysts.
Aisle Talk, Week Of June 26
Top headlines from the active lifestyle industry you may have missed this week.
