SGB Executive Apparel
Fleet Feet Sports Embraces The Future
“There’s probably not a bigger group of retailers who are excited to be in the position they’re in if you look at all the headwinds that retailers are facing,” said Joey Pointer, Fleet Feet Inc.’s new CEO, about Fleet Feet Sports’ franchise owners last week at the brand’s annual franchise conference.
Why Did Amazon Join SFIA’s Board?
Tom Cove, SFIA’s president and CEO, told SGB, “People in the industry and people at the brand level are figuring out the e-com channel, figuring out the Amazon-specific relations, and even figuring out their own e-commerce/direct-to-consumer initiatives while also looking to maintain relationships with traditional retailers. It’s all part of the mix.”
Finish Line Upbeat About Second-Half Rebound
Finish Line comps are projected to increase low-single digit due to easier comparisons, the sales lift from additional remodels, increased qualities of many current best sellers, and the strong pipeline of launch product, including more kids’ takedowns of top performing adult sizes.
Aisle Talk, Week Of June 19
Top headlines from the active lifestyle industry you may have missed this week.
SFIA’s Bill Sells Recalls Alexandria Baseball Practice Shooting
“It’s a little early for fireworks.” That’s what Bill Sells, VP for government relations at SFIA, literally said at 7:15 a.m. last Wednesday after hearing the first “pop” from a gunmen’s rifle at a baseball practice session of Republican lawmakers preparing for the next day’s Congressional Baseball Game.
Will Amazon’s Acquisition Of Whole Foods Transform Retailing?
Amazon shocked the retail world Friday morning by announcing that it had reached a deal to acquire Whole Foods Markets. While the move is largely seen as a way for the online giant to quickly way to gain a foothold in the grocery category, can the active lifestyle space be far behind?
Aisle Talk, Week Of June 12
Top headlines from the active lifestyle industry you may have missed this week.
Lululemon Sees Online Growth Accelerating In Second Half
Speaking at the William Blair 2017 Growth Stock Conference in San Francisco, Stuart Haselden, Lululemon’s COO and CFO, said that due to quick payback from extensive investments, growth in its online business is expected to bounce back in the second quarter “and accelerate in the second half.”
Nike To Axe 2 Percent Of Its Workforce In Restructuring
The restructuring will impact about 1,400 jobs globally and also includes a heightened focus on 12 key cities, the reduction of its geography structure to four regions from six and the creation of a Nike Direct organization to address the digital opportunity.
Sports Direct Enters U.S. Retailing With Bob’s/EMS Acquisition
The U.K.’s largest sporting goods retailer will enter U.S. retailing with 51 stores (21 EMS, 30 Bob’s) and is already planning on bringing some of its European mix to U.S. consumers.
Canada Goose Sees ‘Tremendous’ White Space For Growth
In Canada Goose’s first investor conference since going public in March, Dani Reiss, president and CEO, railed against many of the “fake brands” in the active space while asserting Canada Goose remains in the early stages of growth.
Aisle Talk, Week Of June 5
Top headlines from the active lifestyle industry you may have missed this week.
Vail Resorts Wraps Up Strong Winter Season
Vail Resorts Inc. closed out the winter season with strong third-quarter results as strong visitations to recently acquired Whistler Blackcomb as well as Park City helped offset the impact of weaker snowfall in Colorado.
Camping World Will Seek To Undercut Competition With New Gander Stores
Speaking at Stephens 2017 Spring Investment Conference, Marcus Lemonis, chairman and CEO of Camping World, said the company is not only planning to reduce the amount of firearms in the reborn Gander Mountain stores but also vowed to underprice any nearby competition.
Duluth Holdings Reports 21.9 Percent Sales Increase For Q1
Both its men’s and women’s business saw positive momentum led by new products such as Bullpen Underwear, Ballroom Khakis and the No-Yank Tank.
