SGB Executive Footwear
Tilly’s Shares Pop On Q1 Beat
Shares of Tilly’s Inc. jumped $1.12, or 13.1 percent, to $9.70 after the action-sports themed retailer narrowed its Q1 loss while exceeding internal guidance for earnings and sales.
DSW Finds Athletic Strength Can’t Offset Dress Weakness
Debbie Ferree, chief merchandising officer, said the athleisure strength represents solid demand for performance athletic and fashion athletic on the women’s and the men’s side that are not performance brands.
Foot Locker’s Shares Tumble On Tempered Outlook
“While we remain optimistic that we can accelerate our momentum over the second half of 2017 to reach mid-single-digit comparable sales gains, we are developing a Plan B, so to speak, in case recent sales trends continue,” said Dick Johnson, chairman and CEO.
Aisle Talk, Week Of May 15
Top headlines from the active lifestyle industry you may have missed this week.
Is A Mega-Winter Show Headed To Denver?
SIA’s deal to sell the Snow Show to Emerald Expositions, the parent of Outdoor Retailer, positions Denver in a prime position to become the next home to a combined winter show as well as Outdoor Retailer Summer Market.
Hibbett Sports Sees Comps Bouncing Back In Second Half
Hibbett Sports reported earnings fell in the first quarter, as projected, on lower sales with continued weakness in legacy sports product. But it also indicated same-store sales are likely to drop again in the second quarter. On the positive side, officials remain hopeful that improved allocations of footwear, its new store-to-home capabilities and the third-quarter launch of e-commerce will provide fresh revenue streams in the back half.
Dick’s To Rein In Expansion After Rocky Q1
Said Ed Stack, chairman and CEO, “In 2017 we expect to open approximately 43 Dick’s stores, of which 19 are former TSA stores. In 2018 we expect to open between 15 to 20 stores – most of these leases are already signed. And in 2019 it can be as few as 5 to 10.”
Mizuno’s FY17 Results Pulled Down By Americas Weakness
The Americas region showed a loss of ¥2.54 billion ($22.4 million) as sales on a currency-neutral basis dropped 16 percent.
Aisle Talk, Week Of May 8
Top headlines from the active lifestyle industry you may have missed this week.
Acushnet Sees Golf Market Improving
Said Wally Uihlein, Acushnet president and CEO, “So far in 2017, the global golf industry is in a good place. While the first few months of industry sell-in are always affected by items like weather patterns and retail trends, the outlook continues to be promising as the golf season gets underway around the world.”
Sport Chek Stung By Weather Woes In Q1
Winter jackets and winter boots categories declined due to the arrival of warm weather in January but athletic, hockey, accessories, licensing and ski/snowboard all showed gains.
Under Armour Off To Stellar Start At Kohl’s
Under Armour exceeded “a very aggressive launch” sales plan at Kohl’s with strong results across all categories, including men’s, women’s and children’s apparel, as well as footwear, said Kevin Mansell, the retailer’s CEO.
Adidas Sells TaylorMade At A Bargain
Adidas AG officially announced that it will sell its golf division for $425 million, a steep discount from the $1.4 billion it paid to acquire the brand from the French equipment maker Salomon in 1997.
Crocs Exceeds Guidance For Q1 Revenues
“We turned in solid first-quarter results by delivering improved product, launching a new and engaging marketing campaign, and realizing early benefits from the operational improvements that we’ve been focused on, said CEO Gregg Ribatt during a conference call.
Iconix Brands Struggles To Revive Growth
Iconix Brand Group reported a double-digit decline in licensing revenues, pulled down by steep drops at Starter, Danskin and Ocean Pacific.
