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.
Blundstone Partners With DNA Footwear In Brooklyn
Blundstone partnered with New York-based shoe retailer DNA Footwear on an exclusive Brooklyn in-store consumer event featuring an evening of boots, beers and Aussie pies.
Marcato Releases Investor Presentation To Deckers Stockholders
Marcato Capital Management LP, which is seeking to replace Deckers entire board with its own candidates at the company’s upcoming annual meeting, released a detailed presentation promoting its plan to drive long-term stockholder value at Deckers.
SGB Q&A: Casey Sheahan, CEO, Simms Fishing Products
The former CEO of Patagonia and president of Keen talks about his passion for the sport of fishing, a wide array of growth opportunities he plans to pursue at Simms, and his commitment to conservation and driving more people to the sport of fishing.
Cowen Downgrades Finish Line On “Skyrocketing” Promotions
Cowen & Co. lowered its rating on The Finish Line to “underperform” from “market perform” due to signs of “skyrocketing” promotions at the retailer. The investment firm also found that Finish Line was continuing to undercut prices of Nike and Adidas online, posing a risk it may see less access to those key brands in the future.
Jordan Brand To Sponsor French Basketball Federation
Jordan Brand has signed on as the official uniform supplier of the French Basketball Federation. The brand will outfit the organization’s men’s and women‘s senior, 3×3 and youth teams.
Cherokee Amends Credit Facility
Cherokee Global Brands announced the amendment, subject to the satisfaction of certain conditions, of its senior secured credit facility to resolve a non-compliance situation with its financial covenants.
Titleist Ball Plant 3 Opens Its Doors For Manufacturing Tours
Starting this month, Titleist is offering golfers the opportunity to visit the center of Titleist golf ball technology – Titleist Ball Plant 3 in New Bedford, MA – and witness firsthand the making of the No. 1 ball in golf.
Acushnet Shareholder To Sell Shares
Acushnet Holdings Corp announced the commencement of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd.
Topo Athletic Welcomes William Manzer To Board Of Directors
Topo Athletic, the running and fitness footwear brand, appointed William Manzer to its Board of Directors.
Yaktrax And TriggerPoint Sign Winter Olympics Hopeful
Two of Implus’ specialty brands, Yaktrax and TriggerPoint, announced their partnership with accomplished athlete and 2018 Olympic hopeful, Winter Vinecki.
