With strong double-digit growth overseas, Nike Inc. reported second-quarter earnings and sales that topped Wall Street’s expectations but growth in North America decelerated further in the period. Nike officials further indicated that it will take one or two quarters for growth to resume in the region.
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Nike’s Q2 Tops Street Targets Despite Continued North American Weakness
Nike Inc. reported earnings dropped in the second quarter but both earnings and sales topped Wall Street’s guidance. Sales rose 3 percent as double-digit growth in China and EMEA offset a 5 percent drop in the North America region.
Eastpak To Re-Enter North American Market In 2018
For the FW18 North American season, Eastpak will offer core packs, soft-side luggage, heritage leather styles, and the distinctive LAB collection featuring exclusive and premium materials and design.
VF Named One Of America’s Most Just Companies
VF Corporation was named one of America’s Most JUST Companies, according to Forbes and JUST Capital, a nonprofit that ranks the U.S.’s largest publicly traded corporations on the issues Americans care about most.
AAFA Announces American Image Awards Honorees For 2018 Gala
Receiving the prestigious Person of the Year award will be Manny Chirico, Chairman and CEO of PVH Corp. Company of the Year will be the Camuto Group, and Fred Segal will receive Retailer of the Year. Joseph Altuzarra will be honored as Designer of the Year.
K-Swiss Supports PHIT America
PHIT America announced that K-Swiss is the latest brand in the sports industry to support PHIT America’s national efforts to help get young children get active, moving, and physically fit.
American Outdoor Brands Slashes Outlook On Weak Gun Sales
American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms. The revision came while the company reported poor third-quarter results that generally came in line with guidance.
American Outdoor Brands Again Cuts Outlook
American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms while reporting sluggish second-quarter results that generally came in line with guidance.
Cowen Cuts Adidas’ Estimates On North America Growth Concerns
Cowen lowered its estimates on Adidas for 2018 due to its belief that Nike’s product cycle is improving, heightened promotions are being seen in North America on the Adidas brand, and a possible moderation in Europe.
GCI Outdoor Donates Wreaths To Wreaths Across America
With a mission to Remember, Honor and Teach, Wreaths Across America coordinates wreath laying ceremonies at over 1,200 cemeteries worldwide.
The Best Running Stores In America
At The Running Event in Austin, TX this week, six awards were presented by category to The Best Running Stores In America through a nomination process. Here are this year’s award honorees. Canada Store Of The Year Award | Frontrunner’s, Victoria BC The North Face Never Stop Exploring Award | Runner’s Roost, Denver, CO Asics […]
Asics & PHIT America Get Austin Girls Fit And Healthier
Asics and PHIT America have partnered to bring a running program to Hornsby-Dunlap Elementary School, an elementary school in Austin, TX.
Accell Group Further Adjusts North American Organization
Accell Group said in a statement, “Senior management has been replaced and the activities in North America will be fully integrated. Inventories destined primarily for the MultiSport chains will be scaled down as quickly as possible.”
Maloja Expands Sales Agency Teams In North America
Maloja, a performance apparel brand specializing in products for mountain sports enthusiasts, has expanded its rep team across the country.
Adidas Q3 Boosted By North America And China
The Adidas brand, which grew 13.6 percent on a currency-neutral basis in the quarter, was led by growth of 31 percent in North America, 28 percent in Greater China and 39 percent across global e-commerce.
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