Amazon Discounts Third-Party Sellers Products
Amazon.com has begun lowering prices on goods sold by third-parties on its site with the additional savings marked by tag that reads “Discount provided by Amazon.”
Parent Of Titleist Eying Golf Recovery In U.S.
David Maher, COO, Acushnet Holdings, stated, “It is encouraging that the U.S. retail market is weathering its structural correction fairly well. The general consensus from our trade partners is that they are faring better now than they did in 2016 or 2015 as there are fewer competitive doors and a greater percentage of their sales is generated from inline products.”
Dick’s Sets 2017 Holiday Game Plan
Dick’s Sporting Goods’ holiday plans include extended store hours on Thanksgiving; Black Friday savings beginning on Sunday, November 19; exclusive styles from Adidas and the Bowflex M5; and free shipping on online orders.
Academy Sports Surprises Vet At Concord, NC Store
Academy Sports + Outdoors partnered with the Carolina Panthers to surprise a local veteran and his daughter with a $300 shopping spree to shop for Panthers products with Panthers lineman Damiere Byrd, Sir Purr, and cheerleaders at its location in Concord, NC.
Wolverine’s Revenues Continue To Recover
Boosted by an uptick in sales at Merrell and Saucony, Wolverine World Wide reported its second consecutive quarter of underlying growth. Merrill and Saucony grew mid-single digits, Chaco jumped strong double-digits and Wolverine brand gained low-single digits. Sperry was down mid-single digits.
Crocs Profits Recover, Revenues Stagnate
While Crocs’ third quarter showed that its bottom-line to benefit from cost-cutting initiatives and focus on higher-margin sales, top-line growth remains a struggle and management inferred that sales would be flat in 2018.
New Balance Sued By Manchester United Star
New Balance said it plans to “vigorously defend itself” against a lawsuit from Manchester United’s Marouane Fellaini charging its boots injured his feet.
Nike Re-Signs Giannis Antetokounmpo
Nike has signed Giannis Antetokounmpo to a “long-term partnership,” according to tweet from the Milwaukee Buck’s star player.
Outside’s Best Places to Work 2017 Arrives
Peak Design, SportRx, Nuun, Powder7, Eagle Creek, SlideBelts, Toad and Co. and DryCase each earned a spot on Outside magazine’s Best Places to Work 2017.
Zappos Launches Curated Sneaker-Shopping Experience
Zappos.com has launched The_ONES, a new retail concept celebrating the classics, starting with classic sneakers. It encompasses a new online hub (FindTheOnes.com), shoppable Instagram (@The_ONES), and limited-time “pop-ins” in premium boutiques.
OIA Responds to Formation Of Outdoor Recreation Advisory Committee
OIA wrote, “We believe the best way to invest in, expand access to and improve infrastructure on our nation’s public lands is through the protection of those public lands, including keeping our national monuments intact.”
BOBS from Skechers Roving Rescue Bus Arrives In New York City
BOBS from Skechers has partnered with national animal welfare organization Best Friends Animal Society to transport 25 adoptable dogs from Houston to rescue groups along the East Coast.
Acushnet’s Q3 Boosted By 4.6 Percent Sales Gain In U.S.
Acushnet Holdings Corp., which owns Titleist and FootJoy, reported a profit in the third quarter against a loss a year ago due to improved margins and lower interest expense. Sales improved 2.3 percent.
Wolverine’s Q3 Profits Slump On Charges
Wolverine Worldwide Inc. reported earnings fell 51.9 percent on restructuring activities around its Wolverine Way Forward program, but adjusted earnings declined slightly and exceeded Wall Street’s target. Wolverine also raised its operating margin goal for 2018.
Secretary Zinke Announces Creation Of “Made in America” Recreation Advisory Committee
U.S. Secretary of the Interior Ryan Zinke announced the establishment of the “Made in America” Recreation Advisory Committee. The Committee will advise the Secretary of the Interior on public-private partnerships across all public lands, with the goal of expanding access to and improving infrastructure on public lands and waterways.
