Aisle Talk, Week of August 1
The biggest promotions, acquisitions and strategies to hit the active lifestyle industry this week.
Zumiez’s Comps Dip In July
Zumiez Inc. reported same-store sales slid 2.9 percent in July compared to a sales decrease of 7.6 percent in the year-ago period.
Adidas Q2 Boosted by U.S. Momentum
Adidas AG reported sales grew 25.6 percent in North America in the second quarter, accelerating from a gain of 21.6 percent in the first quarter.
Keen Hires Former Nike Exec to Lead Outdoor Division
John Eberle will oversee global business operations, management strategy, and product and business development for Keen’s largest product category, officials said.
Sport Chek’s Comps Gain 7.2 percent in Q2
Canadian Tire Corporation, Limited reported second-quarter earnings rose 8.1 percent on a 2.9 percent sales gain.
Iconix’s Revenues Ease 2 Percent
Iconix Brand Group, Inc. reported operating income slid 8 percent in the second quarter while licensing revenue dipped 2 percent.
Kids Foot Locker Launches Back-to-School Spot
Kids Foot Locker kicked off its back-to-school campaign with a new commercial titled “Swap,” starring 2016 NBA Champion Kyrie Irving.
Dick’s Sporting Goods Debuts Team USA Campaign
Dick’s Sporting Goods (NYSE: DKS), the Official Sporting Goods Retail Sponsor of Team USA, unveiled the Every Medal charity effort as part of their 2016 Team USA-themed marketing campaign.
Baseball, Climbing Added To 2020 Olympics
The International Olympic Committee (IOC) met on August 3, 2016 for its 129th IOC Session in Rio to discuss the future of the games, adding five new sports to the Olympic program, including baseball/softball, karate, skateboarding, sports climbing and surfing.
Adidas Group’s Q2 Led By Western Europe and North America
Adidas Group strong second-quarter results were led by a 25 percent gain on a currency-neutral basis by the Adidas brand. Top-line growth accelerated in Western Europe, up 29 percent; and North America, up 26 percent.
Nominate Your Innovators of the Year
This fall, SGB will spotlight the people, products and business strategies that push the active lifestyle industry forward with the first SGB Innovators of the Year Awards.
Top 5 Takeaways From Outdoor Retailer Summer Market – Day 1
Day 1 at OR was bustling. From our perspective, show organizers either slimmed down the width of the hallways, or more people than usual were in attendance.
Crocs’ Shares Crash On Reduced Outlook
Shares of Crocs Inc. fell 23.3 percent, to $8.44 on Aug. 3, after the cushy shoe maker missed top and bottom line expectations for the second quarter and lowered its guidance for the year.
Nike To Halt Golf Equipment Manufacturing
Nike will exit the business of manufacturing golf clubs, balls and bags in favor of concentrating on golf footwear and apparel.
Fleet Feet Sports Releases Runmoji
Fleet Feet Sports will soon release Runmoji, the first emoji application designed specifically for runners, by runners.
