NFL Could Reap $2.3 Billion Annually Due To Legalized Sports Betting
The National Football League’s (NFL) annual revenue may increase by $2.3 billion a year due to widely available, legal, regulated sports betting, according to a new Nielsen Sports study commissioned by the American Gaming Association (AGA).
Trump: Nike Sending ‘Terrible Message’ With Kaepernick Ad
President Trump responded to a Nike ad campaign that features Colin Kaepernick, saying the company is sending a “terrible message” by featuring the free agent quarterback.
SGB Exec Q&A: Decathlon USA’s COO Sophie O’Kelly De Gallagh
Sophie O’Kelly de Gallagh, COO of Decathlon USA, talked to SGB about Decathlon’s return to U.S.retailing with the company’s “lab” store in San Francisco, the retailer’s unique vertically-integrated model and expansion plans.
Leki Amicably Resolves Moosejaw And Walmart Listings
Leki announced the company has withdrawn the Leki brand and all associated products from the Moosejaw Premium Outdoor Store and any association with Walmart.
Famous Footwear’s Q2 Sales Climb 4.4 Percent
Caleres Inc. reported second-quarter earnings on adjusted basis grew 24.1 percent as Famous Footwear’s comps improved 4.4 percent and expense margins improved. Earnings were a penny below Wall Street’s targets. The company maintained the company’s outlook for the year.
Tilly’s Proposes Stock Offering
Tilly’s Inc. announced that, subject to market conditions, certain selling stockholders, including entities affiliated with Hezy Shaked and Tilly Levine, intend to offer 8.1 million shares of the company’s Class A common stock in a registered public offering.
Retail Reports Roundup
Studies arrived on retailers’ omnichannel concerns, kids influence on BTS purchases, Gen-Z’s and millennials mobile phone purchases, Gen-Z’s non-digital interests, expanding retail app usage and more.
Alibaba, Nordstrom, Dicks, Target To Speak At NRF 2019: Retail’s Big Show
More than two dozen leaders from retail, technology and business will be among the headline speakers as over 37,000 retailers from nearly 100 countries gather in New York in January to address the latest trends, innovations and strategies for transformation at the National Retail Federation’s 108th annual convention.
Skechers’ Bobs For Dogs Campaign Helps 583,000+ Animals
Skechers said that through the philanthropic Bobs from Skechers and Bobs for Dogs collections, Skechers helped 583,000 shelter pets in the U.S., including saving the lives of more than 241,000 animals nationwide through the company’s $3 million donation to Best Friends Animal Society.
Pentland Brands Appoints Simon Breckon To Lead Ellesse
Pentland Brands Limited announced the appointment of Simon Breckon as the new brand director of Ellesse.
New Balance Taps Artificial Intelligence To Spot Fashion Week Trend-Setters
New Balance is deploying artificial intelligence to track the outfits of New York Fashion Week attendees and reward those with the best style-sense with free sneakers.
Colin Kaepernick Featured In Nike’s ‘Just Do It’ 30th Anniversary Ad
Colin Kaepernick will be one of the athletes featured by Nike as part of the 30th anniversary of the “Just Do It” ad campaign. Gino Fisanotti, Nike’s VP of brand for North America, told ESPN, “We believe Colin is one of the most inspirational athletes of this generation, who has leveraged the power of sport to help move the world forward.”
Deuter Withdraws From Trial Participation In Walmart Premium Outdoors Platform
Deuter USA announced that the company will not participate in Walmart’s new premium outdoor online store, curated by Moosejaw. The move follows Black Diamond Equipment’s move to send a cease and desist to Wal-Mart to remove Black Diamond’s logos and images from the site.
Aisle Talk Week of August 27
Top headlines from the active lifestyle industry you may have missed this week, including Black Diamond Equipment Ltd. sending Walmart a cease and desist notice in response to the launch of a new outdoor website on Walmart.com curated by Moosejaw.
Nike To Sponsor Jaren Jackson Jr.
Nike has signed Jaren Jackson Jr., the fourth pick in the the 2018 NBA draft, to a multi-year endorsement deal, according to ESPN. The forward from Michigan State joined the Memphis Grizzlies.
