SGB Executive Apparel
Calloway Golf Benefiting From Competitor Exits
On a conference call with analysts, Chip Brewer, president and CEO, described market conditions as “choppy with softness in both Asia and Americas.” But he said the overall golf market is becoming more rational, which bodes well for the long run.
HanesBrands Q4 Stung By Weak Replenishment
Blaming the disruption to brick & mortar stores caused by the shift to online selling, HanesBrands, the parent of Champion, reported fourth-quarter earnings that missed plan. The company also provided weak guidance for 2017.
Are EMS And Bob’s Stores Back On The Selling Block?
Seven months after emerging from bankruptcy proceedings, Bob’s Stores and Eastern Mountain Sports (EMS) are reportedly heading back to Chapter 11 proceedings and may have already found another buyer, Sports Direct International.
Under Armour’s Debt Ratings Cut To Junk Status
Said S&P analyst Mariola Borysiak, “We now believe the company will generate about 10 percent sales growth annually and margins will be in the 12 percent range, which results in leverage slightly below 3x.”
Luke’s Locker Looks To Rebound In Bankruptcy Court
The company plans to reorganize in the near term around three locations in the Dallas/Fort Worth area. Company president Matt Lucas vowed to reestablish the Luke’s Locker franchise to support the North Texas running community.
Nike And Brooks Pace Luke’s Locker’s Unsecured Creditors List
Brooks, Nike, Asics and Saucony were among those left with the largest unpaid bills in the bankruptcy case of Luke’s Locker.
Under Armour’s Growth Stalls
Hurt by heightened price competition on its basic technical apparel as well as admitted shortcomings in its more fashion-oriented offerings, Under Armour reported fourth-quarter results that came in short of Wall Street targets and provided a bleak outlook for 2017.
Finish Line Finds Buyer For JackRabbit
Finish Line expects to incur a pre-tax charge in the fourth quarter of approximately $33 million to $36 million.
Cabela’s Credit-Card Deal In Jeopardy
While Capital One could refile its application, Bass Pro could absorb Cabela’s credit card portfolio into its own portfolio or seek other suitors.
OIA On The Uncertain Future Of America’s Public Lands
Executive Director Amy Roberts and VP of Government Affairs Alex Boian spoke with SGB about the growing threat and why the outdoor industry needs to unite and fight.
What Does Trans-Pacific Partnership’s Exit Signal For Free Trade?
Nike, Dick’s Sporting Goods, The North Face and Under Armour all openly supported the ambitious Pacific-Rim trade pact. New Balance and Patagonia stood out in the industry for opposing the deal.
NRF Big Show 2017: Under Armour Talks Digital Transformation
Under Armour Global Head of Consumer Engagement Kurt Kendall discusses how digital data is transforming retailing and engagement with active consumers.
NRF Big Show 2017: Cabela’s Keys To Building Devoted Consumers
Cabela’s chief marketing officer said his company’s success has been driven not by selling stuff, but by its purpose “to inspire and strengthen the bond between [customers] and the outdoors.”
NRF Big Show 2017: How Sweaty Betty Plans To Take On America
While the women’s fitness apparel chain has ambitious plans to expand quickly in the U.S., it’s taking a slow-build approach, focusing on one-on-one engagement with consumers.
Big 5’s Q4 Benefits From Competitor Exits
Continuing to capitalize on the exit of Sports Authority and Sport Chalet in its markets, the sporting goods retailer said its fourth-quarter earnings would arrive at the upper end of its guidance.
