Puma Gains Boost From Its Celebrity
Sales in the third quarter came in higher than expected, boosted by the success of lifestyle shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Skechers Transitions South Korean Business
Skechers, a global leader in lifestyle and performance footwear, is transitioning its business in South Korea from a third-party distributor to a new joint venture with Luen Thai Enterprises.
Sport Chek’s Q3 Comps Grow 7.7 Percent
Canadian Tire Corp. reported same-store sales at its FGL Sports segment were up 6.2 percent in the third quarter. Same-store sales at Sport Chek increased 7.7 percent.
Puma Lifts Guidance After Robust Q3
Net earnings nearly doubled in the third quarter. Sales grew 10.7 percent on a currency-neutral basis, led by gains of 12.2 percent in the Americas region and 11.9 percent in the EMEA.
NRF: Retailers Ready To Work With New President
National Retail Federation President and CEO Matthew Shay congratulated the winners of Tuesday’s federal elections and pledged to work with President-elect Donald Trump and the new Congress on a pro-growth, pro-jobs agenda.
Nike To Open Mega-Store In Lower Manhattan
The five-story 55,000-square-foot location in New York City’s Soho neighborhood is designed to “deliver the best of Nike’s personalized services,” including exclusive trial spaces, product customization and access to digital platforms.
Adidas Skateboarding Debuts Dennis Busenitz Documentary
The new trailer for “Up to Speed” showcases Busenitz in all phases of his skateboarding career, beginning with a very young Busenitz.
Adidas Launches Soccer Boot App
Adidas introduced a new concept of football shoes sold through an exclusive platform: the Adidas Glitch app.
Crocs Improves Bottom Line, But Sales Woes Continue
The squishy-shoe brand greatly improved its bottom line loss in the third quarter 2016, but its sales slipped and were on the lower end of guidance.
Crocs’ Q3 Revenues Slide 12 Percent
Crocs Inc. slashed its loss in the third quarter, although the latest period again includes restructuring charges. Sales in the quarter were down 11.6 percent and are expected to slide between 7 percent and 11 percent in the fourth quarter.
Saucony Runner First American On NYC Marathon Podium Since 2010
Molly Huddle became the first American runner — male or female — to win a spot on the podium at this year’s New York City Marathon.
Iconix Brand’s Q3 Earnings Turn Around
The parent of Starter, Danskin, Umbro and a number of other athletic and fashion brands reported a profit in the third quarter ended September 30 against a loss a year due to fewer non-recurring charges in the latest period and a stabilization of sales across its portfolio.
Outdoor Retailer, Grassroots Agree To New Trade Show Schedule
The biggest change comes at Outdoor Retailer, which, starting in 2018, will move its Summer Market trade show to June and Winter Market to November.
Last Year’s Warm Winter Comes Home To Roost At Bogs
Retailers pulled back orders going into the cold-weather season as they worked through last year’s leftover inventory, but sell throughs and at-once orders for Bogs are starting to pick up.
Iconix Trims Guidance Due To SEC Investigation Costs
Sales for Starter and Danskin declined due to changes in its contract with Walmart, but the premium Starter Black Label brand is seeing gains.
