Skechers’s Q2 Growth Heats Up
Skechers said it continues to be the leading walk, work and casual footwear brand and is second for the categories of all footwear and all casual athletic.
Aisle Talk, Week Of July 17
Top headlines from the active lifestyle industry you may have missed this week.
Academy Sports Lays Off 100 In Restructuring
The layoffs, which follow a similar round of layoffs at its largest competitor, Dick’s Sporting Goods, come as the company has “identified new areas of focus where our energy and dollars will make a real difference as we continue to write our strategic growth story.”
Pensole Adds Functional Apparel Design To Its Curriculum
Former Jordan Brand apparel design director Angela Medlin has been tapped to establish the new program.
Academy Undergoes Layoffs
Academy Sports + Outdoors has laid off approximately 100 employees from its corporate office in Katy, TX, according to an e-mailed statement.
The Buckle Appoints CFO
The Buckle Inc. appointed Thomas B. Heacock as the company’s vice president of finance, treasurer and chief financial officer.
Report: CCM Hockey To Be Sold To PE Firm
Adidas reached an agreement to sell CCM Hockey for approximately $100 million to Canadian private equity firm Birch Hill Equity Partners, according to the New York Post.
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.
