SGB Executive Sports & Fitness
Warm September Clips Zalando’s Growth Rate
Winter apparel and footwear brands did not get much help from Europe in the third quarter, according to the continent’s largest online fashion retailer.
Puma Gains Boost From Its Celebrity
Sales in the third quarter came in higher than expected, boosted by the success of lifestyle shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Iconix Trims Guidance Due To SEC Investigation Costs
Sales for Starter and Danskin declined due to changes in its contract with Walmart, but the premium Starter Black Label brand is seeing gains.
New Adidas CEO Makes Reebok Turnaround His First Mandate
Kasper Rorsted revealed a major restructuring at Reebok, a commitment to sell Adidas TaylorMade by the close of the year, and only some tweaks to the Adidas brand.
Dorel Sports Sees IBDs Pushing Q4 Deliveries Into 2017
With U.S. bike inventories still above normal, Cannondale, GT and Schwinn dealers are expected to delay their model year 2018 deliveries by at least a quarter.
GoPro Blames Bad Q3 On Production Issues; Predicts Return To Profit
Even if GoPro gets past its manufacturing issues, can its new suite of hardware and software re-ignite the action-camera category?
Callaway Golf Takes Advantage Of Nike’s Exit
Callaway hired Nike’s former senior director of golf-ball innovation, while reporting better-than-expected third-quarter results.
Aisle Talk, Week Of October 31
Top headlines from the active lifestyle industry you may have missed this week.
Flat Sales, Rosy Outlook At Fox Factory’s Bicycle Segment
Company executives expect bike manufacturers to buy more of its Fox forks and shocks and Race Face and Easton components, despite a slowdown in the dealer market.
Can Fitbit Keep Up The Pace?
Officials cited challenges in the Asia-Pacific region, some softening of demand and production issues with the new Flex 2 wristband for a weak year-end outlook.
Gaiam And Heelys Drive Sequential Brands’ Q3
Although the company beat and met Wall Street’s top- and bottom-line expectations for the quarter, investors pounced on weaker full-year earnings projections.
Gildan Activewear Lowers 2016 Guidance, But ‘Very Bullish’ For 2017
Despite missing Wall Street’s revenue and profit estimates, plus lowering full-year guidance, investors were encouraged by Gildan’s 2017 outlook to send the stock up.
Can Finish Line Find A Buyer For JackRabbit?
The report of a potential sale comes as the segment is improving its business, yet still underperforming its parent company’s expectations.
Big 5 Sees Big Benefits From Competitor Closures
With Sports Authority and Sport Chalet out of business, Big 5 took advantage in the Western U.S. of being one of few remaining sporting goods outlets. But new competition is coming.
Nautilus Leans On Strong Retail Sales Amid DTC Weakness
Strength in its retail supported by its Octane Fitness acquisition as well as double-digit organic growth offset weakness in its direct segment that was blamed on distractions from the U.S. elections.
