Deckers Brands Announces Review Of Strategic Alternatives
Deckers Brands announced it’s exploring a broad range of strategic alternatives, including a sale.
J.Crew To Cut 250 Jobs
J.Crew Group, Inc. announced several strategic changes across its organization to better position the company for sustainable and profitable growth.
Run Specialty’s Digital Disconnection
According to interviews with executives attending the industry’s premier race, the Boston Marathon, many local running shops are struggling to adapt to the shift toward digital retailing.
Vibram To Launch Blue Carrarmato Sole At Struktur
Vibram’s new Footwear Customization Lab will be on hand providing all of the event’s attendees with a complimentary blue Carrarmato resole celebrating the 80th anniversary of the design.
Injinji Launches Redesigned Website
The company behind the Original Performance Toesock revealed its new site, a collaboration with San Diego marketing agency Digital Operative, along with two new product lines.
Academy Can’t Sidestep Industry Pressures
Unable to shrug off the many challenges facing the sporting goods channel, Academy Sports + Outdoors’ same-store sales slid in the low-single-digit range and management-adjusted EBITDA dropped 23 percent in 2016.
Americas Drives Puma’s Q1 Growth
“Retailers ordered more because they needed more which has not been the case for a long time at Puma,” Bjørn Gulden, CEO of Puma SE, said on a conference call with journalists.
Outdoor Industry Association Releases The Outdoor Recreation Economy Report
The report shows the outdoor recreation economy generates $887 billion in consumer spending annually, sustains 7.6 million American jobs and generates $65.3 billion in federal tax revenue and $59.2 billion in state and local tax revenue each year.
Nike Women’s Executive Joins Digimarc
Aimee Arana, formerly vice president and general manager of the North America Women’s Division at Nike, has joined Digimarc Corp. as executive vice president of sales and business development.
New Balance To Sponsor Fastpitch Organization
New Balance will become the title sponsor of the National Fastpitch Coaches Association (NFCA) Golden Shoe Award.
Puma’s Q1 Earnings Leap
Puma reported operating earnings rose 70 percent on a 15 percent revenue gain on a currency-neutral basis.
Etnies Gives Away 1,500 Pairs Of Shoes
Etnies works each year with Los Angeles Mission to donate thousands of pairs of shoes to residents of Skid Row in downtown Los Angeles.
Xero Shoes Launches Equity Crowdfunding Campaign
Xero Shoes has launched an equity crowdfunding campaign to raise up to $3 million. According to a filing with the Securities & Exchange Commission, the minimal shoe maker is looking to sell 750,000 shares of its stock at $4 a share.
Academy’s Debt Ratings Outlook Lowered To Negative
Moody’s said the negative outlook reflects the risk that Academy may not be able to reverse its 2016 earnings declines in the near term, resulting in continued high leverage and diminished free cash flow generation.
Nike Fine-Tunes MAP Policy
Nike has instituted a new pricing policy that lets retailers advertise 25 percent discounts on Nike merchandise year round, according to a report from the Portland Business Journal.
