PHIT Act Earns 100th Co-Sponsor In Just Eight Months
Congress wants to lower costs to increase activity in America. On November 13, Congressman (Dr.) Paul Gosar (R-AZ) became the 100th House co-sponsor of The Personal Health Investment Today (PHIT) Act in 2017. The previous high was 89 co-sponsors over 2015/16.
Sport Chek’s Weak Sales Continue, Management Upbeat On Prospects
“There are aspects of the business we are pleased with and others that require attention,” said Stephen Wetmore, CEO and president of Canadian Tire, the owner of FGL Sports, of the business on his company’s third quarter conference call. “However, everything we look at is providing upside potential.”
Jordan Partners With Gatorade On ‘Like Mike’ Collection
The apparel collection is available now at select retailers. The Air Jordan VI and XXXII low release December 16.
Balega Opens Application For 2018 Impi Ambassador Team
Impi team members will represent Balega as brand ambassadors to help illuminate Balega’s core pillars: performance, excellence, harmony, creativity and community.
Grassroots Connect’s 2017 Fall Show Sees 13 Percent Attendance Increase
Organizers confirmed 982 total attendees including Grassroots member retailers and vendor partners, invited retailers and vendors, independent sales representatives, business services and media.Pre-booked appointments increased 8 percent to a total of 6,366.
Payless Planning ‘Additional Steps’ To Further Strengthen Organization
Payless ShoeSource, which emerged from bankruptcy proceedings in August, said it may pursue additional restructuring efforts amid reports that layoffs were imminent.
Nike Upgrades App Membership Features
NikePlus Unlocks upgrades experiences and access by collecting and analyzing members’ shopping behavior, activity and feedback across all Nike digital and physical touch points.
October Retail Sales Up 4.3 Percent Over Last Year
Retail sales in October increased 0.1 percent over September on a seasonally adjusted basis and were up 4.3 percent year-over-year unadjusted.
Blundstone Unveils New Branding And Website
In addition, the Australian boot brand expanded distribution into premium retailers such as Nordstrom, Todd Snyder, Steven Alan, American Rag, REI and Abercrombie & Fitch.
Puma Names Lewis Hamilton As Face Of 24/7 Campaign
Four-time FIA Formula One World Champion Lewis Hamilton will spearhead the brand’s Men’s Training business beginning with the 24/7 marketing campaign.
Skechers Appoints CFO
Skechers USA Inc. announced that the company has hired John Vandemore to serve as chief financial officer. This expansion of the Skechers executive team will allow David Weinberg, who had been filling both CFO and COO roles, to focus more attention on the company’s operations
Merrell Makes Key Leadership Appointments
Merrell announced the appointment of Strick Walker to the position of chief marketing officer and Johanna Koeberle to senior product director, Active Lifestyle. Walker was formerly at Patagonia and Koeberle worked for Keen.
Fila Korea Returns To Black In Q3
Fila Korea reported a profit against a loss in the third quarter, benefiting from acquiring control of Acushnet Holdings, the parent of Titleist and FootJoy.
Netshoes Revenues Climb 7 Percent In Q3
Netshoes Ltd., Latin America’s leading online retailer of sporting and lifestyle goods, reported sales rose 7.3 percent in its third quarter and 8.8 percent on a currency neutral basis.
Dick’s Sees Margin Pressures Lingering Well Into 2018
Said Ed Stack, CEO, on a conference call with analysts, “With excess inventory still in the supply chain, broadened distribution strategies from some key vendors and a lack of newness and innovation, the fourth quarter and 2018 will continue to be promotional and pressure margins from last-year levels.”
