Under Armour Off To Stellar Start At Kohl’s
Under Armour exceeded “a very aggressive launch” sales plan at Kohl’s with strong results across all categories, including men’s, women’s and children’s apparel, as well as footwear, said Kevin Mansell, the retailer’s CEO.
Acushnet’s Q1 Earnings See Slight Decline
Wally Uihlein, Acushnet, president and CEO, said, “So far in 2017, the global golf industry is in a good place. While the first few months of industry sell-in are always affected by items like weather patterns and retail trends, the outlook continues to be promising as the golf season gets underway around the world.”
Fleet Feet Syracuse Triathlon Coach Passes Away
According to an obit on Syracuse.com, “Despite his accomplished running career, Brendan may best be remembered for the support he provided to so many people of all ages and speeds – words of encouragement chalked on racecourses, and pre-race pep-talks laced with wit.”
Hayter Comm Acquired By Seattle’s Williams-Helde
Hayter Communications, an active lifestyle public relations agency, was acquired by Williams-Helde, a Seattle-based marketing communications firm.
Billabong Re-Signs Bode Merrill
Billabong signed Bode Merrill, winner of multiple Rider of the Year Awards from both Snowboarder Magazine and Transworld Snowboarding, to a three-year extension.
Adidas CEO: We’re Not Selling Reebok
“We are not going to sell Reebok because we are still very confident of the strategic position of the brand,” Adidas CEO Kasper Rorsted said at the company’s meeting,
Sport Chek’s Q1 Comps Slide 4.3 Percent
Canadian Tire Corp. reported FGL Sports’ retail sales were down 1.4 percent and same-store sales were down 2.7 percent in the first quarter of 2017. Same-store sales at Sport Chek were down 4.3 percent.
Nordstrom Q1 In Line with Expectations
Earnings rose 37 percent while same-store sales dipped 0.8 percent.
Cherokee Global Brands Posts Q4 Loss On Hi-Tec Charges
Hi-Tec revenues totaled $7.8 million in the fourth quarter of fiscal 2017 and included $6.6 million in indirect product sales related to distribution and government contracts, as well as $1.2 million in licensing revenues stemming from new and existing licensing deals for the Hi-Tec portfolio of brands.
Macy’s Q1 Earnings Sink Amid Weak Comps
Macy’s Inc. reported first quarter 2017 earnings of 23 cents per diluted share, or 24 cents per diluted share excluding premiums and fees associated with debt repurchases. This compares with 37 cents per diluted share, or 40 cents per diluted share excluding non-cash settlement charges related to the company’s retirement plans, in the first quarter of 2016.
Kohl’s Q1 Comps Slide 2.7 Percent
Kohl’s Corp. reported sales in the first quarter fell 3.2 percent to $3.84 billion. Same-store sales were down 2.7 percent on top of a 3.9 percent decline a year ago.
Vans Unveils 2017 Custom Culture Competition Finalists
This year, the program set a new record of 3,000 participating schools in the competition.
SIX:02 Kicks Off ‘It’s Your Time’ Campaign With Actress Bella Thorne
The “Thank You” digital content features Thorne thanking her haters who have motivated her in both her personal life and professional career.
Adidas Sells TaylorMade At A Bargain
Adidas AG officially announced that it will sell its golf division for $425 million, a steep discount from the $1.4 billion it paid to acquire the brand from the French equipment maker Salomon in 1997.
Dick’s Sporting Goods Shakes Up Leadership Team
Among other changes, André Hawaux, COO, is retiring while Lauren Hobart, formerly head of marketing, becomes president.
Keri Jones, formerly at Target, will join the company as EVP and chief merchant.
