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Gildan Activewear Agrees To Acquire American Apparel
The $66 million acquisition is expected to further increase the brand’s penetration in the faster-growing fashion basics segments in its printwear business while wholesale opportunities will also be explored.
Mizuno’s Sales Slide In Fiscal Six Months
The overall earnings decline reflected the challenges in the Americas region as well as the impact of currency fluctuations, official said.
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Outdoor Retailer Backwoods Files For Bankruptcy
With 10 locations across Texas, Oklahoma, Kansas and Colorado, the retailer faced declining sales amid competition from online and big-box stores as well as pressure from a slew of other bankruptcies in the space.
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Mizuno Lowers Guidance On Americas Weakness
Sales in the Americas region were down 14.5 percent on a currency-neutral basis for the six months ended September 30.
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Asics America Sees Drop In U.S. Sales
Revenues dropped 11.3 percent in the third quarter, impacted by the Sports Authority liquidation and struggles in the run channel.
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Sport Chek Continues Impressive Run
Canada’s largest sporting goods chain sustained its impressive same-store sales growth in the third quarter ended October 1, despite currency headwinds and lackluster sales in Canada’s oil patch.
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RYU To Appear In Yyoga Studios
RYU Apparel Inc., manufacturer of fitness apparel and accessories, formed a new relationship with the Vancouver-based fitness chain Yyoga.
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Aisle Talk, Week of November 7
Top headlines from the active lifestyle industry you may have missed this week.
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By The Numbers, Week Of November 7
The leading figures from this week’s news in the active lifestyle space.
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Ammo, Firearms And Acquisitions Fuel Big Gains At Vista Outdoor
Strong sales of firearms and ammunition enabled the company to more than double profits in its most recent quarter, despite deeper discounting at its Outdoor Products segment.
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Asics America’s Sales Slump In Nine Months
Asics America Group (AAG) reported net sales decreased 11.3 percent for the third quarter of 2016, with Asics America Corporation (U.S. only) showing a 13.1-percent decrease in net sales.
New Balance Catches Heat For Endorsing Trump’s TPP Stance
Many consumers jumped to condemn the brand for its endorsement of Trump; however, New Balance asserted that its comments were specifically in regards to Trump’s political opposition to the Trans Pacific Partnership (TPP).
Rally Cycling Signs Junior World Time Trial Champion
18-year-old Brandon McNulty capped his junior career last month in the Junior World Time Trial Championship in Dubai, Qatar, where his winning time of 34:42.29 was 35 seconds faster than second place.
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Outdoor Retailer, SIA Wrangle Over Trade-Show Schedule
Officials with both organizations have been in communication, but have yet to come to an agreement on how best to schedule the trade-show calendar.
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Warm September Clips Zalando’s Growth Rate
Winter apparel and footwear brands did not get much help from Europe in the third quarter, according to the continent’s largest online fashion retailer.