Cabela’s Q2 Profits Miss Street Targets
Cabela’s Inc. reported earnings adjusted for special items rose 1.7 percent but were two cents short of Wall Street’s consensus target.
Chaco Joins Outdoor Industry Women’s Coalition
Chaco has signed on as a member of the Outdoor Industry Women’s Coalition (OIWC).
Nike Lowering LeBron James Sneaker Price
Nike reportedly is reducing the price of LeBron James’ Nike signature sneakers. The upcoming LeBron 14 shoe will sell for $175, down from the $200 price tag for the LeBron 13.
Kohl’s Confirms Under Armour’s Arrival
Kohl’s confirmed that it plans to start selling Under Armour for the first time starting in early 2017.
Puma Gets Boost From Euro Cup in Q2
Puma SE delivered another round of robust results in the second quarter, gaining a boost from a solid performance of its teams at the UEFA Euro 2016 as well as traction gained around its women’s initiatives, led by Rihanna. For the fourth straight quarter, however, the sizeable gains weren’t enough for the company to raise […]
Reebok Collaborates With Tristan Eaton on Yoga Apparel
Reebok has teamed up with artist Tristan Eaton to create a street-art-inspired yoga apparel collection. Tristan Eaton is a designer, graffiti artist, street muralist, illustrator and toy designer. His work has been featured on walls and billboards, including a mural at Reebok’s Headquarters in Canton, MA. Reebok has recently been partnering with studio artists to […]
Gildan Activewear Q2 Sales Miss Mark, Lower Guidance
Gildan Activewear Inc. reported its fiscal second-quarter 2016 sales, ended July 3, that were slightly below company expectations due to headwinds from distributor inventory destocking in printwear, the exit of certain retail private label programs and unfavourable foreign exchange.
SFIA Buffs Leaders Summit with Cavaliers CEO and U.S. Secretary of Labor
The Sports & Fitness Industry Association (SFIA) added keynote speakers Len Komoroski, Cleveland Cavaliers and Quicken Loans Arena CEO, and Thomas E. Perez, United States Secretary of Labor for its 2016 Industry Leaders Summit.
Gildan Activewear to Acquire Peds Legwear for $55M
Gildan Activewear Inc. signed a definitive agreement to acquire Peds Legwear Inc. for $55 million, officials announced July 27.
Wolverine World Wide’s Q2 Encourages Investors
Wolverine World Wide Inc.’s stock surged Tuesday after it reported second quarter results and said it is nearly ready to sell underperforming brands.
Oil Patch Region Business Hampers Boot Barn
Boot Barn Inc. reported earnings plunged 72.5 percent in its fiscal first quarter ended June 25, to $624,000, or 2 cents a share. While same-store sales improved, the retailer continued to be impacted by softness in regions impacted by low oil and commodities prices.
Puma’s Q2 Sales Gain Momentum
Puma reported sales jumped 13 percent on a currency-neutral basis, led by the EMEA region with Americas sales ahead 5 percent. Operating earnings grew 75 percent, thanks to the sales improvement and lower operating expense rate.
Boot Barn’s Profits Tumble
Boot Barn Holdings Inc. reported earnings plunged 74 percent in its first quarter ended June 25.
Wolverine Brand Launches Project Bootstrap 2016
Wolverine Brand launched their second annual Project Bootstrap and is now taking nominations from consumers to have their construction site crashed. This campaign aims to thank those that are building the American future
NRF Raises Retail Sales Forecast for 2016
The National Retail Federation revised its forecast for U.S. retail sales growth to 3.4 percent in anticipation consumer spending will remain steady.
