Skechers Q2 Bogged Down by Domestic Sales Weakness
Strong double-digit growth from its international business and company-owned retail channel couldn’t offset a myriad of financial and logistical challenges in the second quarter for Skechers USA.
Aisle Talk, Week of July 18
A quick hit of the industry’s movers and shakers this week — hires, promotions, recognitions and new locations.
Accell Group’s Revenues Climb 10 Percent in First Half
Accell Group N.V. recorded revenues grew 10 percent in the first six months ended June 30.
361 Degrees is Official Supporter of 2016 Rio Games
361 Degrees will be an official supporter of the 2016 Rio Olympic Games. As the exclusive sports brand supporting the Games of the XXXI Olympiad, 361 Degrees will outfit the volunteers, medical staff, referees and operational staff
Dick’s SG Sets Grand Opening for Store in Brookfield, WI
Dick’s Sporting Goods will be opening its 12th store in Wisconsin
Coolcore Appoints VP of Global Marketing
Coolcore, the specialist in chemical-free cooling fabrics, hired David Ludd as vice president of global marketing
Skechers Q2 Profits Dip on Currency Losses
Skechers USA Inc. reported earnings declined slightly in the second quarter largely due to foreign currency translation and exchange losses. Revenues gained 9.7 percent as strong growth overseas offset a 5.4 percent decline domestically due to the timing of shipments.
Nuun Hosts Virtual Race Fundraiser for Challenged Athletes Foundation
Nuun and company, a sports drink brand in run, bike and outdoor specialty, will host the “Challenge Dash – Make Your Miles Count” virtual race fundraiser in support of the Challenged Athletes Foundation.
Stonewear Brings U.S. Manufacturing to Colorado
Stonewear, the Colorado-based women’s activewear brand, will bring its U.S. manufacturing closer to home with the addition of a new CO-based production facility.
Coeur Sports Unveils Aerodynamic Zèlè Line
Coeur Sports launched its Zèlè Collection by Coeur, designed for and by women to maximize aerodynamic performance.
Performance Sports Group Restructures Baseball/Softball, Phases Out Combat
Performance Sports Group Ltd. will restructure its baseball/softball segment with intent to consolidate all baseball/softball operations under the existing Easton baseball/softball infrastructure.
SSI Data: Sport Footwear Sales Jump in June
Despite some pricing pressures from retail bankruptcies and liquidations in the market, SSI Data’s latest retail point-of-sale figures for the fiscal month of June showed Sport Footwear sales rising 12.9 percent in dollars and by 19.9 percent in units.
Foot Locker, Asics Invite ‘Real Lives. Real Runners.’ Film Submissions
Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, in partnership with Asics America Corporation, will hold its second-annual “Real Lives. Real Runners.” campaign, ahead of the 2016 TCS New York City Marathon on November 6.
Herbalife Announces Series of Job Fairs
175 jobs added to meet consumer demand for nutrition products.
Orangetheory Fitness Promotes New President
Orangetheory Fitness’ CEO Dave Long announced the promotion of David Carney as the new President of the growing fitness franchise. Carney, a 30-year industry veteran with operations experience, joined the company in 2014 as COO.
