Weyco Group’s Q4 Sales Slide 6 Percent
Bogs fourth quarter net sales were down 7 percent, reflecting the continued impact of the mild 2015/2016 winter season, as retailers carried over BOGS inventory into the 2016/2017 winter season.
Adidas Brand Stars In Q4
Adidas Brand’s gain of 18 percent on a currency-neutral basis was driven by double-digit growth in the running category as well as at Adidas Originals and Adidas Neo. In addition, high-single-digit growth in the training category contributed to the top-line improvement.
Grassroots Follows Outdoor Retailer Out Of Utah
Grassroots’ Spring Connect and Fall Connect shows were scheduled to be held in Sandy, UT in 2018, but will now move due in part to a desire to stand together as an industry.
Dick’s Sporting Goods Opens Three New Stores
The new stores will bring the retailer’s total to 685 Dick’s Sporting Goods locations in the country.
New Mexico Expresses Interest In Outdoor Retailer
Senator Martin Heinrich wrote a letter that stated: “As you solicit proposals for a new venue to host the Outdoor Retailer trade show, I would urge you to give strong consideration to the state of New Mexico.”
Black Diamond Returns To Core Focus For 2017
“The recurring take-away was retailers’ perception that Black Diamond had been distracted over the past four to five years by various strategic initiatives,” said John Walbrecht, president, about his discussions with retailers since joining the company five months ago.
SFIA Reports Modest Growth In U.S. Wholesale Shipments
Results of the 2017 SFIA Manufacturers’ Sales by Category Report detail a 2 percent increase overall in the combined categories of sporting goods and fitness equipment, sports apparel, athletic footwear and licensed products.
Reebok Film Celebrates International Women’s Day
Reebok is celebrating International Women’s Day by releasing a film featuring the strong females behind the brand.
Farm To Feet Adds Long Distance Hiker To Ambassador Team
Jennifer Pharr Davis was recognized with National Geographic’s Adventure of the Year Award following her record breaking thru-hike of the Appalachian Trail.
Adidas Bangs Out 14 Percent Growth In Q4
Adidas reported fourth-quarter sales increased 14 percent on a currency-neutral basis, led by an 18 percent. Combined currency-neutral sales for the Adidas and Reebok brands grew at double-digit rates in key market segments such as North America (29 percent), Greater China (25 percent), Latin America (22 percent) and and Western Europe (12 percent)
Adidas Expands 2020 Growth Targets
Adidas now expects currency-neutral sales to increase at a rate between 10 percent and 12 percent on average per year between 2015 and 2020, up from high-single-digit growth previously. The company also added five more pillars – Corporate Culture, Digital, One Adidas, North America and Portfolio – to drive growth.
RECALL: L.L.Bean Snowshoes
About 3,000 adjustable snowshoes from L.L.Bean are being recalled because the plastic material can weaken and break, posing a fall hazard.
Puma Officially Signs Big Sean
The German brand now counts Sean amongst Rihanna and The Weeknd as its musician collaborators.
Adidas Appoints CFO
Harm Ohlmeyer, most recently SVP digital brand commerce, has been appointed to the executive board as ordinary member with immediate effect and as CFO of Adidas AG, effective May 12.
Dick’s To Eliminate 20 Percent Of Its Vendor Mix
While reporting fourth-quarter earnings that arrived slightly ahead of targets, Dick’s Sporting Goods Inc. said it’s implementing a new merchandise and vendor matrix that will reduce up to 20 percent of its brands.
