SGB Executive Footwear
Amer Sports Hits The Gas
The Finnish company will accelerate category expansion and store openings at Arc’teryx and Salomon in a bid to leverage better-than-expected organic growth.
Genesco’s Shares Crash On Disappointing Outlook
The company’s Journeys chain is being hurt by a fashion shift that’s “more pronounced than we have ever seen in the past.”
Shoe Carnival Narrows Outlook on Weak Back-To-School Start
Delayed buying hits athletic footwear sales, too, but rebound seen in August. “For the first time I can remember, footwear sales accelerated a day or two prior to school starting.”
Famous Footwear Foiled By Back-To-School Procrastinators
While the footwear retailer has seen delayed back-to-school buying for years, the trend is “much more pronounced this year” with consumers buying at need or even beyond the traditional in the season.
Non-Traditional Sports/Fitness Activities Expand Their Appeal
Americans are trying out more varied and new types of physical activities, but it’s coming at the expense of traditional sports and exercises, according to the 2016 edition of SFIA’s State of the Industry Report.
Athletic Sparkles Again For DSW
While overall comps slid 1.2 percent in the period, athletics grew 13.5 percent, continuing a strong trend in recent quarters.
Sports Authority Revised Exec Bonuses Draw Fire
The Justice Department’s U.S. trustee states, ““The debtors appear, once again, to be prioritizing insider executives above all other parties in interest, including unsecured creditors and the thousands of employees who have already lost their jobs.”
Probing the Limitations of Search Data
A comparison of search data from Google Shopping and retail sales from SSI Data, powered by SportsOneSource, reveals some interesting consumer insights.
Aisle Talk, Week Of August 22
Headlines from the active lifestyle industry this past week you may have missed.
By The Numbers, Week Of August 22
The leading figures from this week’s news in the active lifestyle space.
Billabong’s Turnaround Hits Some Turbulence
Billabong, Element and RVCA brands see growth and expand share, but currency headwinds, retail disruption and a shift away from longboards drag earnings.
Tillys Steadied By E-commerce
Despite choppy traffic at its physical stores, the action-sports-inspired retailer beat its fiscal-second-quarter comps forecast thanks to steady traffic online.
Sporting Goods Retailers Deliver Upside Surprise
A string of upside earnings reports last week show the liquidation of more than 500 sporting goods stores had less impact than feared from May through July.
Hibbett Sports Eyes More Lifestyle Products and Omni-channel Improvements
While it eked out a 0.8 percent gain in same-store sales during a traditionally slow second-quarter, and beat Wall Street earnings expectations by a penny, Hibbett Sports (Nasdaq:HIBB) officials aren’t sitting back.
Foot Locker Says The Malls Are Far From Dead
Slowing traffic and greater discounting at Eastbay.com and not weak mall traffic clipped profit growth in another impressive quarter for the sneaker retailer.
