Fanatics And Nike Increase Domination of Sports Licensing
With deals with Wal-Mart and Major League Baseball (MLB) respectively, Fanatics and Nike continue to take bigger chunks of the fan apparel pie.
Retail Reports Roundup – January 28
Retail studies arrived last week around growing consumer demands for free shipping, Nike and Adidas landing among most admired companies, more brands expecting to start selling on Amazon in the next five years and more.
Shared Stoke: Plentiful Snow Equals Strong Sales
Thanks to good snow in most U.S. regions, the industry is heading into this week’s Outdoor Retailer Snow Show with plenty of momentum as sales of most snow sports categories are up compared to last season, according to SSI Data’s most recent trend report.
Bass Pro Appoints Mike McDermott As New President
Bass Pro Shops said Michael P. McDermott, a former executive at the Lowe’s home-improvement chain, will replace Jim Hagale as president. McDermott will guide the next phase of the integration of Bass Pro and Cabela’s and accelerate the outdoor retailer’s omni-channel efforts.
Active Lifestyle Falls Short On CDP’s Rankings Of Environmental Practices
Johnson & Johnson, Nestle, China Mobile and Microsoft did but no firms in the active lifestyle industry scored top marks in CDP’s prestigious annual rankings of corporate efforts to slow climate change. Hanesbrands, Adidas and Puma scored above-average grades.
Aisle Talk Week Of January 21
Top headlines from the active lifestyle industry you may have missed this week, including, Emerald Expositions saying that after canceling Interbike, it is considering two options that could bring a bike element to either the Outdoor Retailer Winter or Summer Market.
Ted Ligety, Carlo Salmini Discuss Shred.’s New Path
Olympian Ted Ligety and Carlo Salmini, the duo who founded helmet and goggle brand Shred. in 2006, spoke with SGB this week about the Park City, UT-based company’s refresh that includes an updated logo and sharpened focus on customer centricity yet remains true to its roots. Here’s what they told us about the new leg of the company’s journey.
Canada Goose Slides On Downgrade
Shares of Canada Goose fell Canadian$4.73, or 7.1 percent, to C$46.05 Thursday on the Toronto Stock Exchange after Wells Fargo downgraded the stock. The analysts pointed to less search traffic on popular internet search engines looking for Canada Goose merchandise, and concerns about international trade.
RunnerClick Survey Finds Women, Seniors Pacing Marathon Growth
RunnerClick, the online community dedicated to running, has come out with what it describes as the “largest recreational marathon research study,” spanning 39 countries. Among the findings was that the U.S. has the highest proportion of female runners, making it the most gender equal country (45 percent female), followed by Canada (40 percent female). Greece is the worse in terms of female participation with 90 percent male and 10 percent female.
NRF Big Show: Retail’s Transformation On Display
While the trade show floor was packed with many new retail technologies driven by artificial intelligence, the seminars at the NRF Big Show 2019 explored how those digital advances are working their way to retail’s selling floors.
SGB Executive Q&A: NASGW Board Chair & Lipsey’s CEO Laurie Aronson
Laurie Aronson, president and CEO of Baton Rouge, LA-based wholesale firearms distributor Lipsey’s LLC, on January 1 became the first female board chair of the National Association of Sporting Goods Wholesalers (NASGW). She spoke with SGB about what that honor means and her goals for the trade association during the next two years.
Nike And Under Armour Both Earn Stock Upgrades
Cowen on Tuesday raised its rating on Nike to “Outperform” in part because the brand’s strong innovation pipeline and quick-turnaround capabilities are expected to drive margins higher. Goldman Sachs lifted its rating on Under Armour to “Buy” due also to signs of margin improvement near-term along with healthier growth in the long term.
Retail Reports Roundup – January 21
A stack of retail surveys and studies arrived just in time for last week’s NRF Big Show in New York City. Research included the arrival of the “Emerging Male ‘Power Shopper” as well as retail developments with artificial intelligence, mobile apps, smart speakers, fulfillment technologies, personalization, card-not-present fraud and more.
VF Corp.’s Shares Pop On Blowout Q3
With another blockbuster performance for Vans and an acceleration of growth at The North Face, VF Corp scored its best quarter in two years in its third quarter ended December 31 and again raised its full-year guidance. Shares of VF rose $9.08, or 12.4 percent, to $82.34 Friday on the New York Stock Exchange.
Aisle Talk Week Of January 14
Top headlines from the active lifestyle industry you may have missed this week, including Foot Locker making a strategic investment in Pensole Footwear Design Academy.
