OrthoLite Launches New Marketing Campaign
The marketing campaign, The Secret Inside, was based on research that validated the importance of the insole as well as the value on branded components to consumers.
Modell’s To Open Three Stores
Locations will open in Manhattan at 51st & 3rd, as well as Bloomfield and Cherry Hill, NJ.
Finish Line Writes Off JackRabbit, Confirms Sale Process
Finish Line Inc. will take a goodwill impairment charge in its third quarter of $44 million to write off its struggling run specialty business.
Finish Line Confirms JackRabbit On Sales Block
Finish Line has hired Peter J. Solomon Company LLC to explore a sale and will take a $44 million goodwill impairment charge in the third quarter.
Dick’s Sporting Goods Raises Outlook On Strong Q3
Dick’s Sporting Goods raised its guidance after it reported third-quarter results that easily exceeded earnings and comp expectations. The performance was driven by a 5.2-percent comp sales increase and gross margin expansion.
Formula4 Media To Launch Sportstyle Show
Formula4 Media is launching a Sportstyle Show in the Fort Lauderdale Convention Center from June 14-16, 2017.
Nike Signs Supermodel Bella Hadid
The 20-year-old will star in the brand’s #NewYorkMade campaign to highlight Nike’s new five-story store in lower Manhattan.
Vibram’s Bikila Lawsuit Dismissed
A lawsuit by the family of legendary Ethiopian runner Abebe Bikila over Vibram’s use of the Bikila name on one of its FiveFingers models was dismissed.
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.
