Dick’s Sporting Goods Announces Grand Opening in Wisconsin
Dick’s Sporting Goods announced on July 26, 2016 that it will be opening its 13th store in Wisconsin and 652nd store nationwide on Friday, August 12 in Wausau, WI.
Under Armour to Sell to Kohl’s
Under Armour revealed plans to start selling to Kohl’s starting in 2017 as well as open a mega-store in the famed FAO Schwarz flagship on New York City’s Fifth Avenue as early as 2018.
Shimano Corp. Slashes 2015 Guidance
Shimano Corp. expects sales to fall twice as fast this year than it did three months ago due to a global oversupply of bicycles.
Gander Mountain Supports NSSF’s 2016 #GUNVOTE Campaign
Gander Mountain, in partnership with the National Shooting Sports Foundation (NSSF), announced its alliance with the NSSF’s 2016 #GUNVOTE campaign on July 26, 2016.
Wolverine Worldwide Exceeds Q2 Guidance
Wolverine World Wide, Inc. (NYSE: WWW) beat guidance for the second quarter ended June 18 by reporting revenue declined 7.4 percent to $583.7 million.
Shimano Reports Weak 1H
A strong yen, stubbornly high bicycle inventories in the U.S. and slowing consumer spending in China led to weaker results at Shimano Corp. in the first half.
Under Armour’s Q2 Profits Slump on Sports Authority Charge
Under Armour Inc. reported earnings tumbled 58 percent in the second quarter, weighed down by a previously-announced $23 million write-off of bad debt from the Sports Authority bankruptcy. Revenues jumped 28 percent.
Unsecured Creditors Seek Speedy Sports Authority Liquidation
The Unsecured Creditors Committee in the Sports Authority bankruptcy case is requesting that the case be converted from a Chapter 11 proceeding to a Chapter 7 case.
Michael Jordan Donates $2M Amid Racial and Police Tensions
Michael Jordan announced the grants of $1 million each to two organizations working to build trust between law enforcement and local communities.
Dick’s SG Sets Grand Re-Opening for Bloomington Store
Dick’s Sporting Goods will be opening its relocated store on Saturday, August 13 at Colonial Plaza in Bloomington, IL
Susquehanna Hires Sam Poser as Footwear & Apparel Analyst
Susquehanna Financial Group, LLLP (SFG) said Sam Poser has joined the firm as the senior analyst covering the Footwear & Apparel industry.
Oboz Celebrates Planting of Over a Million Trees
Oboz announced it has helped plant over a million trees since 2008 for Trees for the Future, an international aid organization that plants trees to improve the lives and environment of communities in Sub Saharan Africa through beneficial tree planting.
Bogs Footwear Announces Recipients of Outdoor Education Program
Bogs Footwear announced the recipients of the company’s Outdoor Education program – an initiative that donates 2 percent of Bogsfootwear.com sales to fulfill scholarships and grants that remove financial barriers and provide kids with the opportunity to grow and learn in the outdoors.
G-III Apparel to Acquire Donna Karen
G-III Apparel Group Ltd., which owns a sizable fan apparel business and G.H. Bass, agreed to acquire Donna Karan International.
NRF Sees Gain in BTS Sales
The National Retail Federation’s annual back-to-school and college spending predicts total spending for K-12 and college is expected to reach $75.8 billion this year, up from last year’s $68 billion.
