Boot Barn’s Q4 Same-Store Sales Drop 5.5 Percent
Boot Barn Holdings, Inc. reported sales fell steeper than expected in the fiscal fourth quarter ended April 1, but earnings rose slightly and topped guidance.
Stance Names New President
Stance, the sock brand, named David Tichiaz as president. He had been at Vans for nearly 17 years, with his last role as VP and general manager of the Americas.
BSN Sports Extends Partnership With The University Of Cincinnati
The University of Cincinnati Athletics Department announced an apparel agreement with BSN Sports. Within the deal, Cincinnati has elected to equip its programs with Jordan Brand and Nike products. The Bearcats were slated to wear Under Armour through 2024.
TJX Sees Healthy Q1 Profit Uptick On 3 Percent Comp Sales Growth
The TJX Companies Inc. reported profits jumped 58.7 percent in the first quarter ended April 29 as same-store sales gained 3 percent. Both earnings and sales topped analyst estimates in the quarter and guidance was raised for the year.
Lululemon’s Global Creative Director Passes Away
Phil Dickinson, Lululemon’s SVP and global creative director and previously a 15-year Nike veteran, has passed away. The cause of his death was not disclosed.
Construction On Bass Pro’s Sayreville Set To Begin This Year
Construction of the long-awaited Bass Pro Shops at Sayreville, NJ, is scheduled to begin before the end of 2023.
Fanatics Partners With Sky Sports To Launch Online Shop
Fanatics partnered with broadcaster Sky Sports to open a new online shop, shop.skysports.com, for consumers across the UK, Ireland, Germany, Austria, Switzerland and Italy.
Retail Sales Inch Up In April, Driven By Inflation; Sporting Goods Stores See Decline
Retail sales, which are adjusted for seasonality but not for inflation, rose 0.4 percent in April from the prior month, the Department of Commerce reported on Tuesday, following declines in March and February. The growth was still weaker than the 0.8 percent increase that economists expected, according to Refinitiv.
Oofos Names Former Telecom Exec To Board Of Directors
Oofos named former T-Mobile CEO John Legere to its board of directors. Most recently, Legere was the CEO of T-Mobile for eight years.
Deuter, Ortovox To Move Corporate U.S. Headquarters To Boulder
Deuter and Ortovox are preparing to move their U.S. corporate headquarters to Boulder, CO. The brands, owned by German-based Schwan-Stabilo Outdoor, hired NRI 3PL, a third-party logistics partner based in Fontana, CA, to provide fulfillment services for its U.S. network.
Report: April U.S. Discretionary General Merchandise Retail Sales Fell 7 Percent
Discretionary U.S. general merchandise retail sales revenue fell 7 percent in April 2023 year-over-year and unit sales fell 8 percent according to Circana, formerly IRI and The NPD Group.
On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped analyst targets. Strength was seen across regions, channels and product groups.
Orvis Appoints Chief Product Officer
Orvis announced that Carla Feely had been named chief product officer with executive oversite for all product-related functions.
Pacsun Opens Second PS Reserve Resale Space In SoCal
Pacsun continues its expansion of PS Reserve, the custom-curated resell platform for limited-edition streetwear apparel, sneakers and accessories, created in partnership between Magnolia Park owner and CEO Miki Guerra and Pacsun.
Century 21 Set To Reopen Flagship Store Location In New York
Century 21, the retailer and purveyor of off-price luxury fashion, is reopening its flagship location in Manhattan’s Financial District at 22 Cortlandt Street with the support of experiences company Legends.
