EORA And NESR Merge
The merged organization will maintain two regional offices in Massachusetts and North Carolina while bringing together 660 reps into its combined membership.
Zumiez’s Q2 Tops Guidance On Improved Top-Line Growth
Zumiez Inc. reported a lower-than-expected loss in the second quarter with the help of a rebound in same-store sales.
Cherokee Sees Q2 Loss
Cherokee Global Brands reported revenues declined in the second quarter ended July 29 due to the exit of the Cherokee brand from Target that were only partly offset by revenues from new licensing deals for Hi-Tec.
G-III Apparel Lifts Guidance On Strong Q2, Healthy Order Rate
G-III Apparel Group said its team sports business, which includes its sports licensing operations, “is booked well for fall,” while its core outerwear business is expected to see a healthy fall selling season.
Implus Expands Operations Into Canada
Implus, a provider of footcare, athletic, fitness, and outdoor accessories, announced the opening of Implus Canada, the company’s first sales and distribution center in North America outside of their U.S.-based corporate headquarters in Durham, NC
Synovus Receives Regulatory Approval To Complete Cabela’s Transaction
Synovus Bank, a wholly-owned subsidiary of Synovus Financial Corp., said it received regulatory approval from the Board of Governors of the Federal Reserve System to acquire certain assets and assume certain liabilities of World’s Foremost Bank (WFB), the credit card operation of Cabela’s Inc.
NRF Lowers 2017 Forecast Following Government Data Revision
The National Retail Federation adjusted its forecast for retail sales for 2017, saying sales are now expected to increase between 3.2 percent and 3.8 percent rather than the 3.7 to 4.2 percent forecast earlier this year.
Skechers Signs 17-Time National Champion Edward Cheserek
Skechers Performance, a division of Skechers USA, Inc., announced that 17-time NCAA National Champion, Edward Cheserek, will join the roster of Skechers Performance elite athletes.
Nike Sets More Layoffs
After laying off 255 employees in Oregon in July, Nike Inc. told the state it is scheduled to lay off an additional 490 by the end of September.
Outdoor Recreation Report Provides Outdoor Recreation Roadmap
Outdoor Industry Association (OIA) released the State Funding Mechanisms for Outdoor Recreation report featuring case studies on seven states across the country that are investing in the public lands and waters that support the outdoor economy.
Dick’s SG Believes Golf And Best Buy Turnarounds Offer Hope For Athletics Recovery
On Tuesday at Goldman Sachs’ 24th Annual Global Retailing conference in New York City, Ed Stack, chairman and CEO of Dick’s Sporting Goods, likened the potential recovery in the athletic space to the recent bounce back in the golf category as well as the surprise turnaround by Best Buy.
Dick’s SG Announces Grand Opening Of 10 New Stores In Six States
Dick’s Sporting Goods will be opening eight new Dick’s Sporting Goods stores and two new Field & Stream stores in the first half of September.
Sports Direct’s Next Generation Stores Exceeding Expectations
Sports Direct confirmed ahead of its annual general meeting that sales in its new generation flagship stores continue to exceed internal expectations as Sports Direct moves towards becoming the “Selfridges” of sport.
G-III Apparel Lifts Outlook On Q2 Beat
G-III Apparel Group Ltd. raised its outlook for the year after reporting sales and earnings in the second quarter exceeded guidance.
Study: Let Me Run Fosters Healthy Masculinity
A recent independent study conducted by University of North Carolina at Greensboro’s Institute found Let Me Run is making a substantial positive impact in boys’ lives.
