Asics Renews Sponsorship Of Italian Athletics Federation
As part of the five-year deal, the brand will continue to supply all competition wear at all major international competitions.
Dick’s Sporting Goods Fixes $23 Million Accounting Error
Dick’s said it should have recorded non-cash impairment and store closing charges of $32.8 million in the fourth quarter. Instead, charges of only $9.4 million were recorded on the line item in its initial report.
Mizuno’s FY17 Results Pulled Down By Americas Weakness
The Americas region showed a loss of ¥2.54 billion ($22.4 million) as sales on a currency-neutral basis dropped 16 percent.
Aisle Talk, Week Of May 8
Top headlines from the active lifestyle industry you may have missed this week.
Acushnet Sees Golf Market Improving
Said Wally Uihlein, Acushnet president and CEO, “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.”
Sport Chek Stung By Weather Woes In Q1
Winter jackets and winter boots categories declined due to the arrival of warm weather in January but athletic, hockey, accessories, licensing and ski/snowboard all showed gains.
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.
