Newton Running Supports National Runner’s Safety month
Newton Running announced that it will be supporting National Runner’s Safety month with a focus on women’s safety.
Reef Sold For $139 Million
VF Corp. received cash proceeds of $139.4 million from the sale of Reef to The Rockport Group, according to VF’s third quarter report filed with the Securities & Exchange Commission.
Ron Parham Joins Cura Cannabis Solutions
Cura Cannabis Solutions, a provider of cannabis oil to both consumers and premium edible brands, has hired Ron Parham, a former VP at Columbia Sportswear, as VP investor relations.
Dillard’s Q3 Misses Wall Street’s Guidance
Dillard’s Inc. reported earnings in the third quarter came in well short of Wall Street’s targets as margin pressures offset a 3 percent gain in same-store sales.
JCPenney Withdraws Profit Outlook For Year
JCPenney lowered its sales outlook after reporting a shortfall in revenues in the third quarter. The department store also withdrew its guidance for earnings due to the hiring of a new CEO and an interim CFO.
New Balance Expands Program With Pensole
Pensole Design Academy announced registration is now open for its 2019 expanded joint program with New Balance.
Canada Goose CEO: Baffin Is ‘Dream Acquisition’
Canada Goose Holdings Inc. President and CEO Dani Reiss couldn’t hide his excitement on Wednesday morning’s conference call with analysts when discussing the company’s recent addition of footwear maker and fellow Canadian and cold-weather brand Baffin Inc. “This is a dream acquisition for me as I’ve been watching and admiring Baffin for many years and I know them very well,” Reiss said.
Nike To Open Nike NYC On Thursday
Nike Inc. will open its newest Nike House of Innovation, on Thursday as Nike NYC: a 68,000 sq. ft., six-level, cross-category premium Nike store located at 650 Fifth Ave. Nike NYC is “the pinnacle expression of modern retail, representing the best of Nike global product, experiences and sport innovation.,” according to a statement.
Modell’s Sporting Goods Re-Opens In Granite Run
Modell’s Sporting Goods is reopening its Granite Run location in the Promenade at Granite Run in Media, PA. This will bring Modell’s total store count to 156 locations.
VF Corp. Appoints Jan Van Leeuwen As VP, GM, The North Face, EMEA
VF Corp. has appointed Jan Van Leeuwen to the position of vice president, general manager, The North Face, EMEA Region. He will also serve on the global leadership team for The North Face brand.
Macy’s Lifts Full-Year Guidance On Q3 Beat
Macy’s reported quarterly earnings that topped analysts’ expectations as robust digital sales boosted results.
Canada Goose Raises Outlook On Strong Earnings
Canada Goose Holdings Inc. raised its guidance for the year after reporting second-quarter earnings that came in well ahead of Wall Street’s targets. Revenues grew 33.7 percent.
REI Co-Op To Open First Store In Oklahoma In Fall 2019
REI Co-op is opening its first location in the state of Oklahoma, bringing a wide assortment of quality gear and expertise for the region’s most popular activities to Oklahoma City in fall 2019.
Amazon Selects New York City And Northern Virginia For New Headquarters
Amazon announced that it has selected New York City and Arlington, VA as the locations for the company’s new headquarters. Amazon will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations, with more than 25,000 employees each in New York City and Arlington.
Roth Capital Partners Releases 2018-2019 Millennial Survey
Investment bank Roth Capital Partners has released the company’s 2018-2019 Millennial Survey, its seventh annual proprietary survey examining current trends, spending patterns and favorite brands across five consumer categories including dining and restaurants; healthy food, beverage and snacking; fitness and wellness; infant, juvenile and pet; and, fashion, personal care and décor.
