HanesBrands Sees Q1 Earnings At Upper End Of Guidance
Adjusted earnings are expected to arrive in the range of 28 cents to 29 cents versus guidance of 27 cents to 29 cents. The parent of Champion and Gear For Sports also said its CFO plans to retire.
Maurice Sporting Goods Expands Credit Facility
Maurice Sporting Goods gained additional capital to support the short term seasonal needs of the business, as well as to execute on the company’s long term strategic realignment.
Finish Line Revamps Winner’s Circle Loyalty App
The app now includes a curated “inspiration” feed, tailored product recommendations, access to upcoming product releases and seamless in-app shopping and checkout.
Netshoes Completes IPO
Netshoes, a leading sports and lifestyle online retailer in Latin America, priced its initial public offering (IPO) of 8.25 million shares at an offering price of $18.00, representing an aggregate offering of $148.5 million.
JD Sports Sees Sharp Earnings Hike In 2016
Same-store growth in its European Sports Fashion banners rose over 10 percent.
Omega Sports Sold To Former Fresh Market CEO
Phil Bowman, Omega Sports’ president, told SGB, “It was a perfect situation for someone to come in and still grow our company, protect our culture and carry on the Omega tradition.”
Puma’s Momentum Builds In Q1
Puma now expects operating profits to expand between 45 to 56 percent with currency-adjusted revenue expanding at a low double-digit percentage rate.
Which Active Brands Are Reaching Teens?
Nike, Adidas, Lululemon, Vans, Patagonia and Fitbit are all gaining traction with the teen crowd while Under Armour and The North Face appear to be losing ground, according to Piper Jaffray’s Taking Stock With Teens Spring 2017 report.
Fleet Feet To Open First Stores In Nebraska
Fleet Feet Sports stated that Lori Borer, owner of the Red Dirt Running Company location in Lincoln, NE, will convert the store to a Fleet Feet Sports.
Camping World Becomes New Sponsor Of Russell Athletic Bowl
Russell Athletic had been the title sponsor of the game since 2012.
Puma Lifts Outlook After Strong First Quarter
Puma raised its guidance for the year after reporting first-quarter earnings jumped 18.0 percent with sales running up in the mid-teens.
Nike Sets Date To Beat The Two-Hour Marathon Record
Nike will target the first weekend of May for its attempt to break the two-hour marathon barrier. The race will take place in the Autodromo Nazionale Monza complex outside of Monza, Italy.
SFIA Topline Report Shows Conflicting Sport Participation Trends
In many activities, casual participation rates are rising faster than core rates, suggesting Americans may be sampling more sports while reducing single-minded devotion to any one activity.
La Sportiva And Adventure Fit Introduce Trail Run Relay
The Trail Run Relay is a social and challenging race in Lyons, CO in which 2- or 4-person teams take turns running a single 5km loop.
Adidas Skateboarding Sets 2017 Global Skate Copa Court Tour
Appropriating courts in 12 key cities around the globe, Adidas Skateboarding will highlight local communities and skate shops through creativity and friendly competition.
