Sports Direct’s Profits Dragged Down By Weak Pound
On a conference call with analysts, Mike Ashley, CEO and owner, said the company is now expecting an improved U.K. performance at Sports Direct partly because the company had “smashed the ball out of the park” with its investment in more up-market flagship stores.
Skechers Q2 Beats Expectations
Skechers USA Inc. reported second-quarter sales handily exceeded expectations due to double-digit growth at its own retail stores and internationally. Earnings, however, came below targets.
HanesBrands Distribution Center Achieves 2017 Safety Milestone
HanesBrands, the parent of Hanes, Champion and Gear For Sports, announced that its Canterbury Distribution Center, located in Kings Mountain, NC, is one of 21 facilities in the state to achieve 2 million employee hours without injury during the first half of 2017.
Supra Announces Global Brand Mission
Launching officially at retail in January 2018, the apparel and footwear brand will begin to soft launch the campaign on owned platforms and social channels today, July 20.
NFL, Gatorade Join Speaker Roster For SFIA Industry Leaders Summit
Tod Leiweke, NFL chief operating officer, and Jeff Kearney, Gatorade global head of sports marketing have been added to the lineup of speakers at the SFIA’s 2017 Industry Leaders Summit in Chicago, September 13-14, 2017.
Under Armour Celebrates Women In Global Campaign
In Unlike Any, powerful imagery of trailblazing female athletes is paired with the work of spoken word artists.
Smartwool Partners With Ultra Tour Monte Rosa
Smartwool has become the official sock sponsor of the Ultra Tour Monte Rosa (UTMR) one-day ultramarathons and multi-day stage races.
Sports Direct Profits Drop More Than Half
Sports Direct reported earnings tumbled 58.7 percent in its year ended April 30. The U.K. sporting goods chain blamed the devaluation of British pound against the U.S. dollar.
Peak To Sponsor Romanian Olympic Team
The Chinese sportswear brand will serve as the official kit supplier to Romania’s Olympic teams until 2024. The deal covers all events sanctioned by the International Olympic Committee (IOC), including the Olympic Games, the Youth Olympic Games and the European Games.
Adidas And USA Volleyball Announce Multi Year Partnership
USA Volleyball and Adidas announced a multi-year partnership, in which the Portland, OR, based company will be the official athletic footwear, apparel and accessory brand for USA Volleyball. Adidas will replace Mizuno USA.
ICAST Sees Flat Attendance In 2017
ICAST, held July 11-14 at the Orange County Convention Center (OCCC) in Orlando, FL, saw close to 15,000 people registered for its 2017 show, close to year-ago levels.
NRF Names New Chairman, Board Members
The National Retail Federation announced that Macy’s Executive Chairman Terry Lundgren has been elected chairman of the NRF Board of Directors. Lundgren replaces former HSNi CEO Mindy Grossman, who resigned from the board after leaving retail to head Weight Watchers.
Timberland Celebrates 10th Anniversary Of Original Earthkeepers Boot
Timberland released a seasonal exclusive boot called the Eagle Bay to celebrate the ten-year anniversary of launch of the Original Earthkeepers 6-Inch Boot.
Dick’s Shutters Chelsea Collective
Dick’s said in a statement provided to SGB Exec: “We opened Chelsea Collective stores as a lab to more thoroughly understand the women’s specialty athletic business. As the leases at both locations are expiring soon, we have concluded the very successful experiment. We have learned a great deal from Chelsea Collective and the valuable insights will be transferred to Dick’s Sporting Goods to better serve our female customers.”
Play It Again Sports Parent Sees Modest Q2 Profit Gain
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended July 1, 2017 of $5.8 million, or $1.29 a share, up from $5.4 million, or $1.25, a year ago, representing a gain of 7.4 percent.
