NSGA Sporting Goods Market Report Shows Retail Sales Increase In 2016
According to the report, consumer retail sales of sporting goods equipment, athletic footwear and athletic apparel increased 2 percent in 2016.
Adidas Sells TaylorMade To KPS Capital Partners
KPS Capital Partners LP will acquire the TaylorMade Golf Company – including the TaylorMade, Adams and Ashworth brands – from Adidas AG for a total consideration of $425 million.
Smartwool Hires New European Sales Team
The company’s new European sales team will be led by Smartwool EMEA Brand & Sales Director Genevieve Peterson.
Crocs Exceeds Guidance For Q1 Revenues
“We turned in solid first-quarter results by delivering improved product, launching a new and engaging marketing campaign, and realizing early benefits from the operational improvements that we’ve been focused on, said CEO Gregg Ribatt during a conference call.
Iconix Brands Struggles To Revive Growth
Iconix Brand Group reported a double-digit decline in licensing revenues, pulled down by steep drops at Starter, Danskin and Ocean Pacific.
Asics America Partners With PHIT America
The partnership will support new physical activity programs throughout U.S. schools by leveraging the PHIT America GO! Grants program.
Under Armour’s Kip Fulks Shifts To Strategic Advisor
In his new role, Kip Fulks will lead key strategic initiatives at the company, leveraging his broad-based experience throughout critical areas of the organization, with an initial focus on improving operational efficiency within the business.
Iconix Brand Group Q1 Earnings Slide
Iconix Brand Group Inc. reported licensing revenue in the first quarter was $58.7 million, a 13 percent decline as compared to $67.7 million in the prior-year quarter.
Crocs Cuts Outlook Amid Store Closures
Crocs Inc. reported sales and gross margins came ahead of guidance in the first quarter while it ramped up its store-closing initiatives.
Wolverine Worldwide’s Q1 Beats Plan
Wolverine Worldwide reported first-quarter earnings slid 4 percent in the first quarter amid store-closing efforts, but results still surpassed expectations as progress was made on its Wolverine Way Forward initiative. The company raised its earnings guidance for the year.
Wolverine’s Shares Climb On Upbeat Q1 Results
Among its major brands, Merrell grew low single-digits, Sperry was down low-double digits and Saucony was off mid-single digits.
Angel Martinez To Run For Santa Barbara Mayor
“The City of Santa Barbara is at a tipping point. We are at a moment in time when vision and leadership are essential for us to create the city that, by all rights, should be the best small city in America,” the former CEO of Deckers Outdoor said in a statement.
Calia And Dick’s Sporting Goods Pledge $200,000 For Girls Team Sports Projects
The Dick’s Sporting Goods Foundation and Calia by Carrie Underwood, a fitness and lifestyle brand created in partnership with Dick’s Sporting Goods and multi-platinum superstar, Carrie Underwood, announced plans to fully fund girls team sports projects on education crowdfunding platform, DonorsChoose.org.
Timberland Names VP, General Manager Of North America
Most recently, Tracy Smith served as president of U.S. operations for Geox, where he was responsible for managing the brand’s wholesale, retail and e-commerce businesses. Prior to Geox, Smith spent nearly 20 years at Cole Haan.
Lowa Names Vim Sales Group As Sales Representative
BJ Brewer will take over the reins from Gordon Lehmann who is retiring after 40 years in the industry and 15 years with Lowa.
