PGA Tour To Open Vegas Location
PGA Tour Superstore will be opening a store in Las Vegas, a 30,000 square foot space situated in downtown Summerlin at 2315 Summa Drive, #140 in the former Golfsmith location next door to Boot Barn and Trader Joe’s.
Adidas Q2 Sparked By North America And China
Adidas, in line with a recent update, reported earnings from continuing operations rose 16 on a 19 percent revenue gain on a currency-neutral basis. The development reflected a 21 percent increase at brand Adidas as well as a 5 percent increase at the Reebok brand.
Cabela’s Profits Slide On Steep Revenue Drop
Cabela’s reported net earnings slid 24.9 percent after charges in the second quarter as same-store sales declined 9.3 percent.
Zumiez’s Comps Climb 5.1 Percent In July
Zumiez Inc. announced total net sales for the four-week period ended July 29, 2017 increased 8.9 percent to $67.5 million.
Footaction Partners With Hip-Hop Stars On Campaign
Footaction partnered with music pioneer Gucci Mane, Uber Everywhere artist MadeinTYO and One Night Only MC, Cousin Stizz, for the debut of its digital Summer Hustle campaign.
Nike Helps Bring Marathon Kids To All 50 States
Marathon Kids and Nike announced that as of this summer, kids in 50 states across the U.S. are now running with Marathon Kids. The program challenges kids to run the equivalent of up to four marathons (104.8 miles) over the course of a running club season or school year.
Target Commits $14 Million To Local Youth Soccer
Target Corp. announced a $14 million commitment to youth soccer through two new national initiatives, including an $8 million local grant program, and a $6 million partnership with the U.S. Soccer Foundation to build 100 new soccer play spaces by 2020. These are the latest investments by Target in the country’s fast-growing youth sport, and […]
Champion’s Sales Expand 7 Percent In Q2
Hanesbrands Inc. said sales of Champion grew 7 percent globally in the second quarter, boosted by strength in Europe and online globally. Champion is also expected to grow at a high-single digit rate for the balance of the year.
Adidas and MLS Extend Deal Through 2024
Marking Adidas’ largest investment in soccer in North America, the six-year deal makes Adidas the official supplier partner for the Major League Soccer, its clubs, MLS youth academies and youth affiliated clubs.
Big 5 Q2 Dragged Down By Weakness In Firearms, Camping And Water Sports
Shares of Big 5 Sporting Goods were down 85 cents, or 7.8 percent, to $10.10 on Wednesday after the sporting goods retailer posted second-quarter revenues that fell short of expectations due to weakness in firearms, camping and water sports. Third-quarter earnings are also expected to decline with comps off in the low single digits.
Iconix Brand Group Strengthens Balance Sheet
Iconix Brand Group Inc. announced it has taken significant steps to strengthen its balance sheet and enhance its financial flexibility.
Crocs Extends Partnership With Drew Barrymore
Crocs Inc. announced a product collaboration on a line of special-edition footwear styles for women and children, designed in partnership with Drew Barrymore.
Boot Barn’s Q1 Beats Expectations
Sales grew 4.5 percent due to the opening of 11 new stores over the past twelve months, a 1.3 percent increase in same store sales, and sales from the recently acquired Country Outfitter site.
HanesBrands Reports In-Line Results For Second Quarter
HanesBrands, the parent of Champion, Hanes and Gear For Sports, reported operating profits showed a modest gain excluding acquisition-related and integration charges in the second quarter but management said it remained confident that organic growth would resume in the second half.
Big 5’s Q2 Sales Miss Targets
Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.
