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.
Asics Corp. Q1 Impacted By Weakness In Europe And Americas
In the Americas region, sales declined 3.1 in the first quarter on a currency-neutral basis “due to market forces and additional retail partner store closings,” according to a statement from Asics America Group. Sales in the U.S dropped 9.3 percent.
Asics America’s U.S. Sales Drop 9.3 Percent
Asics America said that despite the sales decline, it made a number of moves in the quarter to position it for growth in the future. The moves were punctuated with the brand’s announcement of expanding its U.S. presence with a Product Creation Studio in Boston, the launch of the first-ever global social running initiative and the unveiling of several new performance footwear models.
Asics Q1 Earnings Slide
Asics Corp. reported sales in the first quarter declined modestly in the first quarter due to declines in Europe and the Americas region.
Running USA Hires Brian Lyons As Director Of Membership
In this role, Lyons will oversee Running USA’s member management, benefits, outreach and year-round engagement.
Delta Apparel’s Q2 Boosted By Junk Food Sale, Higher Margins
For its second half, Salt Life and Art Gun are expected to continue their double-digit growth while continued improvements are projected for Activewear and Soffe. Soffe is expected to benefit from direct-to-consumer growth, including its first stores.
