SGB Executive Footwear
By The Numbers, Week Of October 24
The leading figures from this week’s news in the active lifestyle space.
Bass Pro Skirts Debt Downgrade
Despite “significant integration risks,” Moody’s said it was assured that the strategic benefits of a merger between Bass Pro Shops and Cabela’s outweigh the negatives.
Boot Barn Sees Profit Turnaround In Q2
New merchandise strategies helped the western boot retailer offset the drag of oil and commodity pressures that are affecting Texas, Colorado, Wyoming and North Dakota.
Why Cabela’s Is Eager For The Bass Pro Merger
In its first financial report since announcing the merger plans, the hunt-and-fish retailer showed that it could benefit from some of the scale that will come with the pending deal.
Puma’s Recovery Gains Further Momentum
Sales in the third quarter jumped 10.8 percent on a currency-adjusted basis, driven by a 17-percent hike in footwear in addition to celebrity partnerships.
Rocky Brands Sees Some Stabilization In Q3
The boot manufacturer indicated that inventory levels, which had been inflated due to last year’s warm winter, began to normalize in the third quarter and at-once orders are finally picking up.
Under Armour’s Weak Forecast Spooks Market
While the sporting goods giant logged a robust third quarter, officials warned that the company’s core apparel growth is slowing.
Why The North Face And Timberland Are Trimming Inventories
Despite last year’s warm U.S. winter looming large as VF Corp. trimmed its full-year 2016 forecast and reduced inventories, larger forces are also in play, including the recent rash of retail bankruptcies and shifting consumer habits.
Liquidators Largely Prevail In Golfsmith Bankruptcy
While Dick’s Sporting Goods stepped up to keep about 30 Golfsmith stores open, the remaining 59 locations will face liquidation.
Skechers Q3 Hit By Domestic Weakness
A decline in the footwear brand’s domestic wholesale sales, attributed to U.S. retail bankruptcies and some trend shifts, could signal a bumpy ride for active lifestyle brands in the third quarter.
Aisle Talk, Week Of October 17
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 17
The leading figures from this week’s news in the active lifestyle space.
Amer Sports Says Impact From Bankruptcies Over
Parent to Wilson and Louisville Slugger sees third-quarter team sports sales return to normal in the U.S., while golf and tennis sales remain challenging.
Europe’s Zalando Improves Profitability On Efficiencies
Preliminary figures from the German retailer show its adjusted EBIT margin turning positive in the third quarter versus a loss a year ago. A deal with Adidas helped.
Can A Deal With Under Armour Recharge Major League Baseball?
Under Armour reportedly will replace Majestic Athletic in 2020 as the official on-the-field jersey for MLB. Did the league want a hotter brand?
