Wolverine Struggles To Find Growth
Citing a “tepid” and “grossly over-stored” U.S. retail market as well as challenges at its Merrell brand, the footwear company slightly reduced its sales outlook for the full year.
Top 20 Cities For Marathon Training
Real estate brokerage company Redfin analyzed cities across the U.S. to discern which are the best for marathon training.
Dick’s Sporting Goods Exploring Bid For Golfsmith
The bid would challenge one by Worldwide Golf Shops.
Wolverine Trims Sales Outlook For Year
Wolverine World Wide Inc. reported earnings improved slightly in the third quarter, in line with expectations. The company, however, now expects full-year sales to come in at the lower end of its guidance range due to a “tepid” environment.
Sporting Goods Store Sales Rise Modestly In September
Sales at sporting goods stores increased 1.4 percent seasonally adjusted over the previous month, and decreased 0.4 percent unadjusted year over year.
Acushnet IPO Values Company At $1.78 Billion
The parent of Titleist and FootJoy expects to raise as much as $464 million in its IPO, according to an updated regulatory filing.
Up For Sale, K2 Sports Turns Its Attention To Marketing And Organization
Valerie Long was named marketing manager – K2 Skis & Skates, Dan Mayers was promoted to marketing department coordinator, and Adam Harkness stepped in as the new social and digital media strategist.
Reports: Under Armour Secures MLB Deal
Under Armour will replace Majestic Athletic as the manufacturer of on-field jerseys for Major League Baseball while Fanatics gains the rights to other apparel in 2020, according to reports.
Adidas Reveals Paul Pogba Campaign
The new film, titled Football Needs Creators, follows Pogba’s journey beginning with shaping his own reality as a child in Roissey-en-Brie to his groundbreaking return to Old Trafford.
CSG Names Three Global VPs
The new executives will manage product, engineering and marketing for CSG, which owns Cannondale, GT, Sugoi and other premium cycling brands.
Nike X Rostarr Blends Running And Calligraphy
The swoosh has merged the artist’s calligraphy-inspired drawings with popular pieces within running footwear and apparel.
Ugg Unveils Cashmere Loungewear Collection
The line consists of a wrap robe, scoop neck boyfriend tank, zippered hoodie, tapered jogger pant and long hooded robe.
Honeywell Footwear Beefs Up Footwear Management Team
Sean O’Brien was promoted to president of global retail business for Honeywell’s footwear brands, including Original Muck Boot Company, Xtratuf, Oliver Safety Boots, Neos and Ranger.
Deckers Brands Appoints General Manager Of Teva
Maggie Winkel was most recently integrated marketplace director for Jordan, North America at Nike.
Nike Handily Tops Teen Survey
Nike was by far the most popular apparel brand among teens in Piper Jaffray’s 32nd semi-annual Taking Stock With Teens research survey. Among footwear brands, Nike again dominated with the remaining top five, in order, including Vans, Converse, Adidas and Steve Madden.
