Adidas To Sponsor Georgia Tech
Adidas reached an agreement to replace Russell Athletic as the endorser of Georgia Tech.
New Balance Wins Infringement Lawsuit In China
New Balance won $1.5 million in damages and legal costs after a Chinese court ruled that three Chinese manufacturers infringed on the Boston-based company’s signature slanting “N” logo, according to The New York Times.
DSW Eyes Benefits From Retail Disruption
Believing the store closings across retail are working in its favor, DSW Inc. reported second-quarter earnings that handily topped Wall Street estimates while logging its first quarterly same-store gain since 2015.
Study: Over Half of Online Shoppers Prefer Shopping Directly With Brands Over Retailers
The survey of consumers who have visited a brand manufacturer’s website in the past six months found the majority (54 percent) turn to brands over retailers for more comprehensive product information, in addition to enhanced customer service, better prices and more personalization options.
DSW Posts First Quarterly Same-Store Sales Gain Since 2015
DSW Inc. reported second-quarter’s earnings rose 5.2 percent, well ahead of Wall Street’s target, as same-store sales sales inched up 0.6 percent.
Macy’s Appoints New President
Macy’s Inc. announced several changes intended to improve the company’s performance, including the hiring of Hal Lawton as president, the creation of a single simplified merchandising organization and an enhanced focus on the company’s data analytics capabilities.
Patagonia Runs First TV Ad In Support Of Public Lands
Patagonia is planning to run first-ever television commercial in its 45-year history to urge support for protecting America’s public lands.
L.L.Bean Boosting Boot Production
L.L. Bean opened a new manufacturing center in Lewiston, ME and unveiled a new $1 million injection molding machine to support ongoing demand for its iconic duck boot.
Dick’s Sporting Goods Donates $500000 To Little League Programs
The Dick’s Sporting Goods Foundation’s Sports Matter program announced a five-year, $500,000 commitment to Little League Baseball and Softball, in support of its local districts and leagues across the country.
Nike’s CEO Condemns Racism In Companywide E-Mail
Nike Inc. CEO Mark Parker sent an e-mail to employees on Thursday night condemning the racism, bigotry and fatal violence displayed in Charlottesville, VA.
Report Finds Participants Benefit From Girls On The Run
A recent independent study, conducted by Maureen R. Weiss, Ph.D., a leading expert on youth development, showed that the program is highly effective at driving transformative and lasting change in the lives of third to fifth grade girls.
DTLR Merges With Villa
The merged company has a significant geographic reach with nearly 240 stores covering 19 states and the District of Columbia, spanning the East Coast from New York to Florida, the Midwest, the Southeastern U.S. and Texas.
Hibbett Sports Cuts Outlook After Double-Digit Q2 Comp Sales Decline
Posts loss in the second quarter as net sales decrease 9.2 percent to $188 million and comparable store sales decrease 11.7 percent in the period.
Foot Locker Inc. Posts Ugly Q2 Results As Comps Fall 6 Percent
Total sales decreased 4.4 percent to $1.7 billion in the quarter ended July 29, 2017.
Sportsman’s Warehouse Beats Q2 Profit Outlook
Same-store sales decreased by 9 percent and net sales increased by 0.9 percent to $191.5 million in the fiscal second quarter.
