Zalando SE Raises Guidance After Beating Q1 Targets
Zalando SE, the German e-tailer that sells dozens of athletic and outdoor apparel and footwear brands in 15 European countries, reported revenues rose 28.5 per cent to €643.6 million ($727 mm) in the first quarter.
Gildan Activewear Q1 Earnings Slide
Gildan Activewear reported first-quarter earnings slumped 29.3 percent despite a 15.9 percent gain in sales. The company also slightly narrowed its EPS guidance for the full year to reflect further foreign currency devaluation…
Street League Skateboarding Appoints First-Ever CEO
Street League Skateboarding appointed Greg Jacobs as the league's first-ever CEO and promoted current SLS president, Brian Atlas, to COO…
MAN U’s Nike Revenues Decline in Fiscal Q3
Manchester United PLC's revenue from its Nike managed retail and merchandising business slipped again in the fiscal third quarter ended March 31, after the team failed to qualify for the European soccer championship …
Late NHL Player Montador Suffered from CTE
Former NHL player Steve Montador had “widespread presence” of Chronic Traumatic Encephalopathy (CTE) at the time of his death three months ago, according to a brain study released Tuesday by his estate's law firm. The news follows a judge's ruli
Lululemon Announces Departure of EVP, Global Retail
Lululemon Athletica Inc. announced the resignation of Delaney Schweitzer, executive vice president, global retail, effective May 29. Schweitzer began her career at Lululemon in 2002…
Macy’s Q1 Earnings Dip
Macy’s, Inc. reported first-quarter earnings slid 13.8 percent. Same-store sales dipped 0.1 percent, lower than planned due to delays caused by the West Coast port slowdown, extreme winter weather and lower international tourist spending…
SIA Installs New Directors, Raises Membership Dues
The SnowSports Industries America (SIA) board installed new directors at its annual spring meeting in San Francisco May 3-6, when it also approved the association's first increase in membership dues since 1984 and heard updates on consumer research,
Risk Capital Partners Acquires Majority Stake in Zoggs
Risk Capital Partners (RCP) has bought a majority stake in Zoggs, the global swimming products brand. RCP will support the existing management team led by Mark Hammersley…
Champion Relaunches Website
HanesBrands partnered with Elevate Studios to relaunch the the Champion athletic website by “introducing fresh content that speaks to the long-standing heritage of the brand and its cutting-edge technology and on-trend fabric innovations.”…
Outdoor Retailer to Solicit Donations for Youth Outreach Programs
Outdoor Retailer attendees will be able to make donations to help pay for grassroots programs that get kids outdoors when they register for show badges under a new partnership with The Outdoor Foundation…
Fitsok Announces Sponsorship of Grandma’s Marathon
Fitsok, makers of high performance technical socks for runners, announced their official sponsorship of the Grandma’s Marathon in Duluth, MN. Grandma’s Marathon is the 16th largest marathon in the U.S…
Converse Officially Opens World Headquarters and Debuts Flagship Store
Converse Inc. announced the grand opening of its new world headquarters on Boston’s Lovejoy Wharf and the opening of the its sixth inline retail store in the U.S. on Friday, May 15. The 214,000-square-foot headquarters, located at 160 North Washingt
Democrats Yield in Senate Trade Deal
Senate leaders reached an agreement Wednesday to revive a bill that would provide fast-track trade-negotiation powers to President Barack Obama, one day after Democrats blocked the measure…
Reef Realigns Sales Structure
Reef promoted Reef Sales Rep Mike Losness to the new role of director of field sales – west while Greg Osthus becomes director of field sales – east…
