Foot Locker’s Q3 Tops Street Estimates
Foot Locker Inc. reported that excluding a special charge related to litigation, earnings climbed 17 percent in the third quarter to $141 million, or 20 cents a share. Results exceeded Wall Street's consensus estimate of 94 cents a share. Comparable-
Duluth Trading Co. IPO Prices Below Expectations
Duluth Holdings Inc. priced its IPO at $12 a share Friday morning, below the $14 to $16 range the company was targeting two weeks ago. Unlike many tech companies, however, the workwear and casual lifestyle brand got 'er done…
Hibbett Sports Holds Margins on Modest Comp Growth
Hibbett Sports Inc. net sales increased 4.6 percent to $228.3 million in the third quarter ended Oct. 31 on a 0.6 percent increase in comparable store sales compared with the third quarter a year ago…
New Study Catalogs Bike Initiatives in 70 Gobal Cities
The European Cyclists Federation and World Council on Cycling published a study showcasing the ambitions of 70 cities from around the world to increase their mode share of cycling…
Skechers Claims Partial Victory in Converse Patent Ruling
Skechers USA Inc. claimed a partial victory Thursday in its patent infringement dispute with Nike Inc. subsidiary Converse Inc. relating to the Converse Chuck Taylor shoe…
New Balance Launches 3D Printed Running Shoe
New Balance said it will be launching the first running shoe with a 3D printed midsole. Through an exclusive collaboration with 3D Systems and their newly developed elastomeric powder, DuraForm Flex TPU, New Balance has made significant advancements…
Pentland Centre for Sustainability in Business Opens in UK
Lancaster University’s Pentland Centre for Sustainability in Business, named for the $3 billion-a-year UK sporting goods group, has officially opened…
Lost Holdings Appoints President
Lost Holdings appointed Rick Petri as president, a new position…
U.S. International Trade Commission Validates Converse’s Intellectual Property
The Chief Judge of the International Trade Commission (ITC) validated Converse's intellectual property rights in the iconic Chuck Taylor All Star and supported its right to enforcement, according to a statement from Converse…
Salty Crew Appoints Sales Director
Salty Crew said Tom Ruiz is joining the surf lifestyle brand as as a partner and sales director. Before joining Salty Crew Tom spent 16 years as EVP of sales for Volcom and most recently two years as VP of sales at Depactus…
Blizzard/Tecnica Sign Former Freeride Champ
Blizzard and Tecnica signed Elyse Saugstad, the former Freeride World Tour Champion and winner of Powder Video Awards “Best Female Performance”, as an ambassador for the Blizzard Tecnica team…
Dick’s SG Cuts Guidance as Warm Weather Cools Profits
Shares of Dick’s Sporting Goods Inc. were down about 10 percent in mid-day trading on Tuesday after the company sharply cut its guidance for earnings and same-store sales for the full year largely due to the impact of warm weather so far this fall.
RECALL: 30,500 REI Evrgrn Campfire Rockers
Recreational Equipment Inc. (REI) announced the first recall of a product marketed under its Evrgrn brand, which it launched last year to reach urban dwelling Millennials…
Khombu Signs U.S. Ski Team Athletes As Brand Ambassadors
Khombu, the footwear and outerwear brand, formed a new partnership with alpine athletes, U.S. Ski Team member Erik Arvidsson and World Cup ski competitor Abby Ghent…
RECALL: 540 Kona Wo Bicycles
Kona Bicycle Co. has recalled about 530 of its 2014 Kona Wo bicycles after receiving one report of the bicycle fork breaking at the junction of the crown…
