Ugg And Footaction Team Up With Multiplatinum Rapper KYLE
Ugg has tapped multiplatinum rapper and actor KYLE as ambassador for the brand’s second partnership with Footaction.
Yaktrax Launches New Website And ‘Stand Up to Winter’ Campaign
Yaktrax, the snow and ice traction specialist, introduced a new website at yaktrax.com and an updated marketing campaign with a major emphasis on education around winter protection.
Wolverine Worldwide Completes Portfolio Management Initiatives
Wolverine World Wide Inc. announced the completion of its comprehensive portfolio management initiatives that were executed and expected to be completed during fiscal 2017, including the closures of underperforming stores, sale of the Sebago brand and licensing of the Stride Rite brand.
Champion’s Sales Climb Double Digits In Q3
Asked if the Champion brand is feeling pressure from the promotions being employed by Nike and Under Armour to reduce inventories in the U.S. market, Gerald Evans, HanesBrand’s CEO, said the core Champion business “was up 20 percent in our sporting goods and department store mid tiers. We now have the TSA bankruptcy behind us and we saw nice growth in our Sports License Apparel business as well.”
AAFA Applauds Launch Of GSP Footwear Bill
The American Apparel & Footwear Association welcomed Senate introduction of a bill to designate certain footwear as eligible for the Generalized System of Preferences (GSP) program.
Gildan Activewear Lifts Full-Year EPS Guidance On Above-Plan Q3
Gildan Activewear raised its earnings guidance for the year due to better-than-expected third-quarter earnings but slightly lowered its sales outlook due to slowing growth in its Branded Apparel segment.
Deckers Brands Mails Letter To Stockholders Highlighting Merits Of Board’s Strategy
Deckers Brands announced that its Board of Directors has sent a letter to stockholders in connection with Deckers’ upcoming 2017 Annual Meeting of Stockholders to be held on December 14, 2017. The board offered its full support of the Deckers’ management team.
Two Under Armour Execs Leaving Company
Under Armour confirmed that Andy Donkin, its chief marketing officer, and Pamela Catlett, senior vice president and general manager of women’s and youth categories, will exit the company at the end of the month.
Zappos Introduces Zappos For Good
Zappos.com formally introduced Zappos for Good, a long standing department dedicated to fostering Zappos’ community and charitable efforts.
HanesBrands Shows Meager Activewear Gain In Q3
HanesBrands reported Activewear sales increased 1 percent in the third quarter due to a “muted back-to-school season at retail.” Online sales of Activewear increased by more than 30 percent and Champion sales in the midtier, sporting goods and college bookstore channels achieved double-digit growth.
Zumiez Comps Increase 6.6 Percent In October
The action sport’ chain’s comparable sales increased 6.6 percent for the four-week period compared to a comparable sales increase of 10.2 percent in the year ago period.
Big 5 Gaining Market Share Out West
Shares of Big 5 Sporting Goods jumped on Wednesday after the West Coast-based chain indicated it’s holding onto market share gained from the exit of older competitors (Sports Authority, Sports Chalet) while faring well against a newer competitor (Dick’s).
Bogs Q3 Impacted By Later Winter Deliveries
“As a result of the late winter weather the nation experienced the last two winters retailers continued to bring in inventory later and also maintain conservative models,” said Tom Florsheim, Jr., chairman and CEO of Weyco Group.
Report: Kering Hires Rothschild To Spin Off Puma
Kering has appointed Rothschild & Co to handle the potential spinoff of Puma, according to a report in French business magazine Challenges.
Darby Communications Stand Up Initiative Accepting Applications
The initiative, launched in November 2016, provides pro-bono PR related services to awarded environmental non-profits with projects focusing on environmental and sustainable advocacy, or the preservation and protection of public lands.
