Nike Appoints New Heads Of Global Running Categories
Nike Inc. announced that Rosemary St. Clair has become the new VP, GM of global women’s and Cesar Garcia is the new VP, GM global running, effective immediately.
Iconix Finds Starter, Umbro Resets Gaining Traction
Iconix Brand Group Inc. reported net earnings again eroded in the first quarter on a 17 percent revenue decline. But results were in line with expectations and Iconix’s management said they’re making progress realigning the company’s brand relationships, including Umbro’s with Target and Starter’s with Amazon.
NAFTA Withdrawal Would Mean Higher Consumer Prices And Fewer Retail Jobs, New Study Finds
Withdrawing from the North American Free Trade Agreement would cost retailers and consumers up to $16 billion a year and lead to the loss of 128,000 retail-related jobs over the next three years, according to an AT Kearney study.
Vans Announces Five Finalists For 2018 Custom Culture Competition
Vans announced the top five high schools in the ninth annual Vans Custom Culture art competition.
Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team
Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.
Dick’s Sporting Goods To Open Four New Stores In May
Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).
Bogs Sales Slip 2 Percent In Q1
Weyco Group Inc. reported sales at Bogs were down 2 percent in the first quarter. Companywide sales were up 1 percent.
Nike Sues Puma For Patent Infringement
Nike Inc filed a lawsuit accusing rival Puma over the alleged use of the company’s patented Flyknit, Air and cleat assembly technologies without authorization.
Iconix’s Q1 Profits Sink
Iconix Brand Group Inc. reported net earnings on an adjusted basis fell 54 percent in the first quarter on a 17 percent revenue decline. Results were in line with expectations.
Herschel Walker, Mariano Rivera, Misty May-Treanor To Head Trump’s Fitness Council
Former NFL running back Herschel Walker, Yankees legendary closer Mariano Rivera, Patriots coach Bill Belichick, golfer Natalie Gulbis, three-time beach volleyball gold medalist Misty May-Treanor, and Dr. Mehmet Oz will be appointed to President Trump’s Council on Sports, Fitness and Nutrition.
Under Armour Partners With Hampton University
Hampton University and Under Armour Inc. announced a new partnership agreement.
Aisle Talk Week of April 30
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. CEO Mark Parker (pictured) holding a rare company-wide staff meeting at Nike headquarters to apologize for recent incidents at the company.
Vans ‘Nothing Short Of Outstanding’ in Q1
Vans delivered another record quarter for VF Corp., which rode the footwear brand and the rest of its portfolio to an outstanding first quarter. VF reported earnings of $252.8 million, or 65 cents per share, for the quarter ended March 31, up 20.9 percent from the same quarter a year ago.
April Retail Jobs Up 3,700 From March
Retail industry employment increased by 3,700 jobs seasonally adjusted in April over March and 48,900 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Pentland Appoints Gianni Georgiades CEO Of Lacoste Footwear
Pentland has appointed Gianni Georgiades as CEO of Lacoste Footwear JV, effective May 8.
