Ellen DeGeneres Footwear Debuts On QVC
The ED Ellen DeGeneres shoe line, launched in partnership with Camuto Group, is scheduled to debut on QVC Thursday.
NRF Predicts Later Easter Will Lead To Increased Spending
The NRF’s annual survey suggested that spending for Easter is expected to reach $18.4 billion, up 6 percent over last year’s record $17.3 billion and a new all-time high in the survey’s 14-year history.
Gander Mountain To Begin Liquidations On 32 Locations
Tiger Capital Group and Great American Group have been chosen to assist Gander Mountain in the closure of 32 under-performing locations across the United States.
Inov-8 Appoints Interim Canadian Exec
Inov-8 named Christian Triquet, formerly president of Merrell Canada, as interim executive of its Canadian branch extension of the North American subsidiary.
Report: Payless ShoeSource Close To Filing For Bankruptcy
Payless ShoeSource reportedly may seek bankruptcy court protection as soon as next week with plans to close as many as 500 stores.
Dick’s To Open Store In Encinitas, CA
This will be the retailer’s 687th Dick’s store in the nation and 50th in the state of California.
Camber Outdoors Conducts 2017 Workplace Survey
The survey runs March 22 – April 7 and will inform broad-based study of workplace experiences in the active-outdoor industries.
SFIA Celebrates Landmark 18th Annual National Health Through Fitness Day On Capitol Hill
This year a broad coalition of supporters, including celebrity athletes ranging from NFL pros to Olympians, held 100 meetings with more than 120 U.S. Senators and Representatives to discuss the importance of the PHIT Act.
Acushnet Q4 Boosted By Robust Golf Club Sales
While the bankruptcy and liquidation of Golfsmith impacted U.S. sales, Acushnet Holdings Corp. still managed to show a modest gain in sales in the fourth quarter while improving profitability.
The North Face Sponsors Adaptive Climbing Initiative
With a goal of making climbing gyms across the U.S. accessible to people with physical disabilities, Paradox Sports will provide gyms with instructor training and adaptive equipment.
Nike Grapples With Promotional North American Climate
Said Andy Campion, EVP and CFO, on the company’s third-quarter conference call with analysts, “Digital disruption and other dynamics are resulting in more aggressive promotional activity than we expected 90-days ago. So we are going to remain tight, with respect to the supply that we are putting into the North America market in the short-term.”
Nike Accelerates Efforts To Reach Digital Consumers
Said Mark Parker, president and CEO, “The consumer has decided digital isn’t a just part of the shopping experience. Digital is the foundation of it. This and other factors have shifted consumer patterns, especially in North America, impacting traffic, the economics of brick-and-mortar retail and is driving a more promotional environment in the near term.”
Nike Q3 Boosted By International Gains
Beyond double-digit gains in double-digit growth in Western Europe, Greater China, the Emerging Markets as well as DTC overall, Nike’s better-than-expected earnings were helped by expense leverage, higher other income and a lower effective tax rate.
Sears Warns Of ‘Going Concern’ Doubts
Sears Holding, the parent of Sears and Kmart, warned Tuesday that it faces “substantial doubt” about its ability to stay in business unless it can borrow more and tap cash from more of its assets.
Sequential Brands Appoints CEO
Karen Murray, who previously oversaw Nautica and Kipling for VF Corp., replaces Yehuda Shmidman, who is stepping down.
