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.”
Polartec Announces 2017 Apex Design Award Winners
Polartec announced the winners of its 2017 Polartec APEX Awards, an annual design award program celebrating “the finest products made from Polartec fabrics, and the designers behind them.”
Kohl’s Sees 20 Percent Growth Across Activewear In Q3
“Both apparel and footwear categories in Active were strong and this was driven by large increases in both Nike and Adidas, as well as continued strong performance from Under Armour,” said Kevin Mansell, Kohl’s CEO, on a conference call with analysts.
ISPO Expands Its International Network
Following the new brand mission—to boost sports worldwide, bolster people’s enthusiasm and offer customers added value -ISPO is expanding its international network in the context of ISPO Academy with the addition of Brazil and India.
More Than 164 Million Consumers Plan To Shop Over Thanksgiving Weekend And Cyber Monday
The annual National Retail Federation survey finds that of those considering shopping the long holiday weekend, the survey found that 20 percent plan to shop on Thanksgiving Day (32 million) but Black Friday will remain the busiest day with 70 percent planning to shop then (115 million).
Puma Accused Of Defacing Indian Heritage
Puma has been accused of damaging 17th-century architecture in Delhi’s historic quarter in one its advertising campaigns.
Boot Barn Unveils Miranda Lambert Idyllwind Trunk Shows
Boot Barn Holdings Inc. introduced Idyllwind – a lifestyle brand created by Miranda Lambert, the country singer and songwriter.
UCLA Anderson School Of Management Honors Kevin Plank
UCLA Anderson School of Management honored Under Armour founder, chairman and CEO Kevin Plank Monday with the 2017 John Wooden Global Leadership Award at a gala dinner at UCLA’s Pauley Pavilion.
Bass Fishing Hall Of Fame Exhibit Opens
The first expansion within Wonders of Wildlife since its grand opening in September 2017, the all-new permanent exhibit is a gift from Johnny Morris to the Bass Fishing Hall of Fame.
Dick’s Names New Chief Technology Officer
Dick’s Sporting Goods named Paul Gaffney, formerly at Home Depot, as chief technology officer.
Dick’s Q3 Tops Target, Provides Conservative 2018 Outlook
Dick’s Sporting Goods reported third-quarter earnings that topped guidance but warned that 2018 earnings could decline by as much as 20 percent due to continued gross margin pressure, expected flat comps and ongoing investments.
Acushnet Prices Secondary Offering
Acushnet Holdings Corp. announced the pricing of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd. at a public offering price of $17.00 per share.
Adidas Reveals Official Match Ball 2018 FIFA World Cup
The Telstar 18 is a reimagining of the first Adidas FIFA World Cup match ball, the Telstar, used at the 1970 tournament in Mexico and will be the first World Cup ball to feature a NFC chip to enable consumers to interact with the ball using a smartphone.
Purple Orange Brand Communications Opens Colorado Office
Creative brand communications agency Purple Orange announced a new office opening in Crested Butte, CO as well as new hires.
Yue Yuen Profits Climb 4.5 Percent In Nine Months
Yue Yuen Industrial Limited reported recorded revenue of $6.72 billion in the nine months ended September 30, 2017, representing 6.7 percent growth.
