Quiksilver Waterman To Sponsor World’s Largest Paddle Festival
The Carolina Cup, the world’s largest festival combining paddle races, clinics, product displays, and entertainment has attracted the support of Quiksilver Waterman as title sponsor.
Dick’s Q4 Earnings Arrive At Upper End Of Guidance
Dick’s Sporting Goods reported earnings fell 13.8 percent before non-recurring charges in the fourth quarter, to $127.3 million, or $1.22 a share, but came in at the top of guidance. Same-store sales slid 2.0 percent, in line with guidance. Earnings for 2018 were guided to be flat to down 7 percent.
DSW’s Q4 Profits Slide On Charge To Exit Ebuys
DSW Inc. reported earnings in the fourth quarter fell 37.8 percent to $11.7 million, or 15 cents a share, after absorbing charges to write down and exit its Ebuys business. Earnings before non-recurring charges nearly doubled and exceeded guidance.
Deckers’ Shares Slide On Marcato Sale
Shares of Deckers Outdoor fell $7.22, or 7.4 percent, to $90.28 on Monday after CNBC reported that Marcato Capital Management, the activist investment firm, had sold its stake in the company.
Tilly’s Q4 Falls Short Of Guidance
Tilly’s Inc. reported earnings improved modestly in the fourth quarter and came in the lower end of its projections. Same-store sale were flat, also slightly below guidance.
Study: Inactivity Rates Among Low-Income Households Near Historic Levels
The 2018 Physical Activity Council Participation Report finds a moderate rise in participation for many sports and activities, including fitness sports, outdoor sports and winter sports. On the downside, the study identified a continuing trend toward the affluent getting more active while the less affluent are becoming more inactive.
Hoka One One Partners With OutsidePR
Hoka One One, a division of Deckers Brands, has tabbed Sausalito-based OutsidePR to represent the brand.
Berkshire Hathaway’s Apparel Segment Sees Modest Gain In 2017
Berkshire Hathaway Inc. reported sales from apparel and footwear businesses – including Fruit of the Loom, Garan, H.H. Brown Shoe Group and Brooks Sports – increased 1.2 percent in 2017 compared to 2016, to $4.2 billion.
Skechers To Launch Garfield Collection
Skechers USA Inc. announced that it will introduce a collection within the BOBS from Skechers division featuring the massively popular Garfield character – star of the popular syndicated comic strip.
Red Wing Shoes Uveils Wall of Honor For Skilled Laborers
Red Wing asked for customer stories in the summer of 2017, and after receiving nearly 500 submissions, selected 32 to highlight, along with their boots, on a permanent, physical Wall of Honor at its flagship store in Red Wing, MN.
Clarus Promotes John Walbrecht To President
Clarus Corp., the parent of lack Diamond, Sierra and PIEPS, promoted John Walbrecht to president. Walbrecht has been with Clarus for nearly 18 months, serving as president of the company’s Outdoor Group.
Yue Yuen’s Revenues Climb 18 Percent in February
Yue Yuen reported revenues of $691.0 million against $584.9 million in the same period a year ago, representing a gain of 18.1 percent.
Nordstrom Announces Investments In Digital Technology
Nordstrom closed deals to acquire two retail technology companies: BevyUp, the innovators behind a digital selling tool, and MessageYes, a platform rooted in conversational commerce.
Gander Outdoors Prepares For Grand Opening In Fort Wayne, IN
Gander Outdoors, formerly known as Gander Mountain, is open in Fort Wayne, IN.
Retail Jobs Increased By Over 46,000 in February
Retail industry employment increased by 46,400 jobs in February over January, the National Retail Federation said. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 313,000 jobs, the Labor Department said.
