SGB Executive Sports & Fitness
Famous Footwear Q3 Driven By Lifestyle Athletic
Famous Footwear’s same-store sales rose 2.1 percent in the third quarter ended October 30 as ongoing momentum in athletic and sports-influenced styles offset declines in boots and booties.
DSW Lifts Guidance On Continued Athletic Gains
General consumers are still buying plenty of athletic footwear, despite also exhibiting a greater shift toward fashion styles.
Hibbett Cuts Guidance On Weather Concerns
Due largely to accelerated markdown on cold-weather merchandise, third-quarter earnings came in short of Wall Street estimates and EPS guidance was lowered for the year.
Foot Locker Rides Strength In Lifestyle
The sneaker specialist sees a growing momentum for lifestyle running and casual footwear offerings, as well as a resurgence in popularity for Adidas and Puma.
Aisle Talk, Week Of November 14
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of November 14
The leading figures from this week’s news in the active lifestyle space.
Perry Ellis Golf Boosted By Warm Weather In Q3
The company’s PGA Tour, Ben Hogan and Callaway golf apparel licenses led the gains, while its Nike Swim brand grew at a double-digit pace.
Sierra Trading Post Shifts Online Promotional Strategy
Outdoor consumers who have grown accustomed to Sierra Trading Post’s (STP) website touting consistent 60-, 70- and 80-percent off deals have begun hearing a different tune from the discount outdoor retailer.
Dick’s Outperforms, But Gives Caution To Q4
While it’s gained a competitive advantage in the marketplace following other store closures, the nation’s largest sporting goods retailer gave a conservative fourth-quarter outlook that fell below Wall Street’s targets.
Finish Line Writes Off JackRabbit, Confirms Sale Process
Finish Line Inc. will take a goodwill impairment charge in its third quarter of $44 million to write off its struggling run specialty business.
Gildan Makes A Play For Fashion With American Apparel Bid
With no plan to acquire any of American Apparel’s retail operations out of bankruptcy, Gildan will explore repositioning the brand as a wholesale business.
Outdoor Retailer Backwoods Files For Bankruptcy
With 10 locations across Texas, Oklahoma, Kansas and Colorado, the retailer faced declining sales amid competition from online and big-box stores as well as pressure from a slew of other bankruptcies in the space.
Mizuno Lowers Guidance On Americas Weakness
Sales in the Americas region were down 14.5 percent on a currency-neutral basis for the six months ended September 30.
Asics America Sees Drop In U.S. Sales
Revenues dropped 11.3 percent in the third quarter, impacted by the Sports Authority liquidation and struggles in the run channel.
Sport Chek Continues Impressive Run
Canada’s largest sporting goods chain sustained its impressive same-store sales growth in the third quarter ended October 1, despite currency headwinds and lackluster sales in Canada’s oil patch.
