SGB Executive Footwear
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.
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.
Aisle Talk, Week of November 7
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of November 7
The leading figures from this week’s news in the active lifestyle space.
Outdoor Retailer, SIA Wrangle Over Trade-Show Schedule
Officials with both organizations have been in communication, but have yet to come to an agreement on how best to schedule the trade-show calendar.
Warm September Clips Zalando’s Growth Rate
Winter apparel and footwear brands did not get much help from Europe in the third quarter, according to the continent’s largest online fashion retailer.
Puma Gains Boost From Its Celebrity
Sales in the third quarter came in higher than expected, boosted by the success of lifestyle shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Crocs Improves Bottom Line, But Sales Woes Continue
The squishy-shoe brand greatly improved its bottom line loss in the third quarter 2016, but its sales slipped and were on the lower end of guidance.
Last Year’s Warm Winter Comes Home To Roost At Bogs
Retailers pulled back orders going into the cold-weather season as they worked through last year’s leftover inventory, but sell throughs and at-once orders for Bogs are starting to pick up.
Iconix Trims Guidance Due To SEC Investigation Costs
Sales for Starter and Danskin declined due to changes in its contract with Walmart, but the premium Starter Black Label brand is seeing gains.
New Adidas CEO Makes Reebok Turnaround His First Mandate
Kasper Rorsted revealed a major restructuring at Reebok, a commitment to sell Adidas TaylorMade by the close of the year, and only some tweaks to the Adidas brand.
Callaway Golf Takes Advantage Of Nike’s Exit
Callaway hired Nike’s former senior director of golf-ball innovation, while reporting better-than-expected third-quarter results.
Aisle Talk, Week Of October 31
Top headlines from the active lifestyle industry you may have missed this week.
