SGB Executive Sports & Fitness
Aisle Talk, Week Of July 3
Top headlines from the active lifestyle industry you may have missed this week.
Nike Confirms Sales Through Amazon As Q4 Tops Expectations
“As we do with all of our partners, we’re looking for ways to improve the Nike consumer experience on Amazon by elevating the way the brand is presented and increasing the quality of product storytelling,” said Mark Parker, chairman, president and CEO, on a conference call with analysts.
Aisle Talk, Week Of June 26
Top headlines from the active lifestyle industry you may have missed this week.
Helly Hansen Upbeat About 2017 Following Strong 2016
Helly Hansen said all countries moved to profitability in 2016, including the USA for the first time.
Fleet Feet Sports Embraces The Future
“There’s probably not a bigger group of retailers who are excited to be in the position they’re in if you look at all the headwinds that retailers are facing,” said Joey Pointer, Fleet Feet Inc.’s new CEO, about Fleet Feet Sports’ franchise owners last week at the brand’s annual franchise conference.
Why Did Amazon Join SFIA’s Board?
Tom Cove, SFIA’s president and CEO, told SGB, “People in the industry and people at the brand level are figuring out the e-com channel, figuring out the Amazon-specific relations, and even figuring out their own e-commerce/direct-to-consumer initiatives while also looking to maintain relationships with traditional retailers. It’s all part of the mix.”
Finish Line Upbeat About Second-Half Rebound
Finish Line comps are projected to increase low-single digit due to easier comparisons, the sales lift from additional remodels, increased qualities of many current best sellers, and the strong pipeline of launch product, including more kids’ takedowns of top performing adult sizes.
SFIA’s Bill Sells Recalls Alexandria Baseball Practice Shooting
“It’s a little early for fireworks.” That’s what Bill Sells, VP for government relations at SFIA, literally said at 7:15 a.m. last Wednesday after hearing the first “pop” from a gunmen’s rifle at a baseball practice session of Republican lawmakers preparing for the next day’s Congressional Baseball Game.
Will Amazon’s Acquisition Of Whole Foods Transform Retailing?
Amazon shocked the retail world Friday morning by announcing that it had reached a deal to acquire Whole Foods Markets. While the move is largely seen as a way for the online giant to quickly way to gain a foothold in the grocery category, can the active lifestyle space be far behind?
Aisle Talk, Week Of June 12
Top headlines from the active lifestyle industry you may have missed this week.
Lululemon Sees Online Growth Accelerating In Second Half
Speaking at the William Blair 2017 Growth Stock Conference in San Francisco, Stuart Haselden, Lululemon’s COO and CFO, said that due to quick payback from extensive investments, growth in its online business is expected to bounce back in the second quarter “and accelerate in the second half.”
Nike To Axe 2 Percent Of Its Workforce In Restructuring
The restructuring will impact about 1,400 jobs globally and also includes a heightened focus on 12 key cities, the reduction of its geography structure to four regions from six and the creation of a Nike Direct organization to address the digital opportunity.
Sports Direct Enters U.S. Retailing With Bob’s/EMS Acquisition
The U.K.’s largest sporting goods retailer will enter U.S. retailing with 51 stores (21 EMS, 30 Bob’s) and is already planning on bringing some of its European mix to U.S. consumers.
BSN Sports Snaps Up Academy Sports In Utah
Continuing its consolidation of the team dealer channel, BSN Sports said it had acquired Academy Sports based in Salt Lake City, UT.
Aisle Talk, Week Of June 5
Top headlines from the active lifestyle industry you may have missed this week.
