Where And When Will The Trade War End?
President Trump this week threatened additional tariffs on Chinese imports, prompting sharp criticism from outdoor and sporting goods brands that might not be directly impacted but generally view trade wars as “so last generation,” according to Jeff Turner of Kokatat.
What Can JD Sports Bring To U.S. Sneaker Retailing?
While British retailers generally have a poor track record finding success in the U.S. retail marketplace, JD has the potential to create a strong number two beyond Foot Locker in U.S. sneaker retailing with its pending acquisition of Finish Line. That’s at least according to a few analysts in the U.K. who closely follow JD.
Retail 10-K Round-Up For 2017
A scan of just-released 10-K filings shows Under Armour’s sales fell sharply at both Dick’s Sporting Goods and Hibbett Sports in 2017, Adidas rebounded at Hibbett, Nike continued to dominate open-to-buys for Foot Locker and more insights into vendor allocations.
Aisle Talk Week Of April 2
Top headlines from the active lifestyle industry you may have missed this week.
Trump Proposes $100 Billion In New Tariffs On Chinese Goods
President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods. In response, China warned it would fight back “at any cost” with fresh trade measures if the U.S. continues on its path of protectionism.
Decathlon Sets Opening Date For First Store In Canada
Decathlon will open the company’s first Canadian store on Saturday, April 21, at Mail Champlain in Brossard, just outside of Montreal.
Kitbow Cycling Apparel Appoints Blum and Herrick To The Board
Industry veterans Paul Blum and Andrew Herrick have joined the board of privately-held Kitsbow Cycling Apparel.
Nike Admits To Diversity Shortcomings
Coming a few weeks after allegations of inappropriate workplace behavior led to changes in the executive ranks, Nike Inc. in a memo to employees admitted to shortfalls in hiring and promoting more women and minorities to senior-level positions.
REI Co-op To Open In Kalispell, MT
This fall, REI will open a new store in Kalispell in Montana, the third store in the state.
Nike Inc. Makes Up Two-Thirds Of Foot Locker’s Sales In 2017
Foot Locker said 67 percent of the company’s merchandise in 2017 was purchased from Nike Inc., slightly down from 68 percent in 2016, according to its recently-released annual report.
A.D. Starr Becomes Official Ball Supplier Of The Little League World Series
Dick’s Sporting Goods and Dick’s Team Sports HQ announced the retailer’s bulk baseball and softball equipment business A.D. Starr has been named the Official Ball Supplier of the Little League World Series. The deal goes into effect during the 2018 season.
Sportfishing Industry Association Appoints New Membership Director
The American Sportfishing Association (ASA) announced that Kirk Ross, mostly recently with the Arkansas Cattleman’s Association (ACA), is the association’s new membership director.
Nike Pushing To Promote More Women And Minorities
Nike “has failed to gain traction” in hiring and promoting more women and minorities to senior-level positions, according to a memo sent internally to Nike’s employees Wednesday from Monique Matheson, EVP, global human resources.
Squaw Valley Alpine Meadows Continues S.W.A.G. Partnership
Squaw Valley Alpine Meadows plans to continue its partnership with the National Ski Areas Association’s winter gear collection program, Sharing Warmth Around the Globe (S.W.A.G.).
Macy’s CFO To Retire
Macy’s Inc. announced that Karen Hoguet, chief financial officer since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year.
