Nike’s Detroit Store to Open Thursday
The Nike Inc. Community Store in downtown Detroit is scheduled for a 10 a.m. public grand opening Thursday. Michigan State University men’s basketball coach Tom Izzo, MSU mascot Sparty and Dennis Van Oossanen, vice president of North American retail, are expected to make appearances.
PVH’s Q1 Exceeds Guidance
PVH Corp., which owns Speedo but whose main businesses are Calvin Klein and Tommy Hilfiger, reported first quarter results that came in above guidance and raised its full-year guidance.
Tilly’s Reports Flat Sales, Negative Comps
Tilly’s Inc. reported flat sales for the fiscal first quarter ended May 2 and said comparable store sales, including e-commerce sales, fell 4.1 percent.
Dick’s Sporting Goods Grit Before Gold Tour Brings USA Athletes to Meet Local Youth
Dick’s Sporting Goods (NYSE: DKS) released the dates of its “Grit Before Gold Tour,” which will make various stops in more than 25 states.
NFL Picks City of Angels for Super Bowl LV
The National Football League (NFL) selected the Los Angeles region to host Super Bowl LV.
K-Swiss Partners With Digital Learning Platform
K-Swiss has partnered with digital learning platform Skillshare to bring its program, ‘The Board’ to the public.
Shoes For Crews To Acquire Mozo Shoes
Shoes For Crews LLC, a specialist in slip-resistant footwear, entered into a letter of intent to acquire Mozo Shoes, which specializes in slip-resistant culinary footwear, from Chinook Asia, LLC.
Vibram Sponsors Cotopaxi Questival Boston
Vibram is sponsoring the Cotopaxi Questival Adventure Race in Boston to celebrate the 10th anniversary of the launch of its iconic Vibram Five Finger articulated toe shoes.
Adidas Signs Houston Texans Wide Receiver DeAndre Hopkins
Adidas announced a multiyear partnership with Houston Texans Pro Bowl wide receiver DeAndre Hopkins.
Adidas Speedfactory to Begin Large-Scale Production in 2017
Adidas announced that it would resume production of shoes in Germany more than 20 years after it stopped making them in its home country. Its new “Speedfactory” will use robots, as opposed to the manual process the company employs in its manufacturing hubs in Asia.
Sports Authority’s GOB Sales Start Thursday
Liquidators will begin going-out-of-business (GOB) sales Thursday at the remaining 321 Sports Authority stores not already being liquidated.
Sportsman’s Warehouse Grows Q1 Comps on Firearms Sales
Sportsman’s Warehouse Holdings, Inc. reported net sales increased 9.0 percent to $151.6 million in the 13 weeks ended April 30 compared with the first quarter of fiscal 2015. Same store sales decreased by 2.2 percent over the same period.
SFIA Releases Snapshot of Brands Comitted to 2016 Leadership Summit
The SFIA issued a snapshot of the active lifestyle brands already committed to attend its 2016 SFIA Industry Leaders Summit, set to be held September in Denver, CO.
Concourse Sports Acquires Team Express
Concourse Holdings LLC, which owns RedsGear.com, KnifeHog.com and SoftballFans.com, has completed its acquisition of San Antonio-based sports retailer Team Express Distributing, LLC, the owner of Baseball Express, Softball.com and Football America.
Under Armour Signs $280 Million Deal With UCLA
Under Armour has signed a 15-year, $280-million contract with UCLA in what’s believed to be the largest shoe and apparel deal in NCAA history. UCLA’s contract with Adidas expires next year.
