Swims Parent Sees Q3 Loss
Swims, acquired in July, remains on track with its integration process with growth expected in the North American and international markets.
Dick’s Opens First Former Sports Authority Locations
Re-opening celebrations in former Sports Authority stores are set for Elk Grove, CA; Seattle, WA; and West El Paso, TX.
OluKai Invests In Headwear Brand
The footwear brand’s investment in Melin, a West Coast headwear brand in the luxury and youth culture space, follows on its investment in eyewear brand Kaenon.
Jones & Vining Names Charles Liberge President
Liberge joined the company as executive vice president of sales and marketing in August 2015.
Gildan Activewear Agrees To Acquire American Apparel
The $66 million acquisition is expected to further increase the brand’s penetration in the faster-growing fashion basics segments in its printwear business while wholesale opportunities will also be explored.
Phoenix Footwear Reports Break-Even Q3 Results
The parent of Trotters and Softwalk reported sales decreased 1 percent in the quarter, to $5.77 million.
Mizuno’s Sales Slide In Fiscal Six Months
The overall earnings decline reflected the challenges in the Americas region as well as the impact of currency fluctuations, official said.
Outdoor Retailer Backwoods Files For Bankruptcy
With 10 locations across Texas, Oklahoma, Kansas and Colorado, the retailer faced declining sales amid competition from online and big-box stores as well as pressure from a slew of other bankruptcies in the space.
Mizuno Lowers Guidance On Americas Weakness
Sales in the Americas region were down 14.5 percent on a currency-neutral basis for the six months ended September 30.
Asics America Sees Drop In U.S. Sales
Revenues dropped 11.3 percent in the third quarter, impacted by the Sports Authority liquidation and struggles in the run channel.
Aisle Talk, Week of November 7
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of November 7
The leading figures from this week’s news in the active lifestyle space.
Asics America’s Sales Slump In Nine Months
Asics America Group (AAG) reported net sales decreased 11.3 percent for the third quarter of 2016, with Asics America Corporation (U.S. only) showing a 13.1-percent decrease in net sales.
New Balance Catches Heat For Endorsing Trump’s TPP Stance
Many consumers jumped to condemn the brand for its endorsement of Trump; however, New Balance asserted that its comments were specifically in regards to Trump’s political opposition to the Trans Pacific Partnership (TPP).
Outdoor Retailer, SIA Wrangle Over Trade-Show Schedule
Officials with both organizations have been in communication, but have yet to come to an agreement on how best to schedule the trade-show calendar.
