SGB Executive Footwear
JD Sports First-Half Profits Climb
Boosted by a stellar performance from its Sports Fashion segment and a positive contribution from the recently-acquired Go Outdoors, JD Sports Fashion PLC reported profits before taxes climbed 32.7 percent in the first half ended July 29, to £102.7 million ($136.3 mm).
Cherokee Lowers Full-Year Guidance On Transition Hurdles
Cherokee Global Brands lowered its outlook for the year in part because the transition of its flagship Cherokee brand away from Target to its new wholesale licensees has been slower than initially anticipated.
Zumiez’s Momentum Builds
Shares of Zumiez Inc. shot up on Friday after the action-sports themed chain reported better-than-expected fiscal second-quarter results and provided strong guidance for the third quater.
Aisle Talk, Week Of September 4
Top headlines from the active lifestyle industry you may have missed this week.
G-III Apparel Lifts Guidance On Strong Q2, Healthy Order Rate
G-III Apparel Group said its team sports business, which includes its sports licensing operations, “is booked well for fall,” while its core outerwear business is expected to see a healthy fall selling season.
Dick’s SG Believes Golf And Best Buy Turnarounds Offer Hope For Athletics Recovery
On Tuesday at Goldman Sachs’ 24th Annual Global Retailing conference in New York City, Ed Stack, chairman and CEO of Dick’s Sporting Goods, likened the potential recovery in the athletic space to the recent bounce back in the golf category as well as the surprise turnaround by Best Buy.
Aisle Talk, Week Of August 28
Top headlines from the active lifestyle industry you may have missed this week.
Genesco’s Shares Hit By Profit Warning
Shares of Genesco Inc. lost $4.35, or 17.1 percent, to close at $21.15 on Thursday after the retailer axed its earnings guidance for the year due to sluggish overall mall traffic and weak sales trends at its Lids chain.
Shoe Carnival Shares Rally On Improving Top-Line Momentum
Shares of Shoe Carnival rose $3.68, or 22.4 percent, to $20.10 on Thursday after the off-price chain reported second-quarter results came in above estimates and August same-store sales ran up 7 percent.
Billabong Americas Continues Its Turnaround
Billabong International Ltd. delivered a modest increase in operating earnings before charges in its fiscal year ended June 30, boosted by a strong second half and fueled by the Americas region.
Famous Footwear’s Parent’s Shares Pop On Promising BTS Results
Shares of Caleres rose $1.86, or 7.5 percent, to $26.67 on Wednesday after the company indicated its Famous Footwear chain delivered its best back-to-school performance since 2013.
Finish Line’s Shares Tumble On Slashed Outlook
Shares of Finish Line fell $1.92, or 18.5 percent, to $8.50 on Tuesday after the retailer significantly reduced its profit outlook for the full year amid disappointing sales in recent months.
What’s Causing The Delays In Back-To-School Buying?
Whether waiting to see what’s trend-right this fall, holding out for better deals or losing sales to July’s Amazon Prime Day event, the back-to-school (BTS) period continues to find a lot of procrastinators.
Aisle Talk, Week Of August 21
Top headlines from the active lifestyle industry you may have missed this week.
Nike Swim And Golf Lifestyle Boost Perry Ellis’ Q2 Results
Golf Lifestyle Sportswear’s sales increased by mid teens with over 28 percent growth by Callaway apparel as well as strong contributions from PGA Tour, Jack Nicklaus and Ben Hogan. Nike Swim’s gross sales were up double digits.
