OIC Approves $500 Million To 2017-20 Solidarity Plan
The 2017-2020 Quadrennial Plan also proposes two new programs related to refugee athlete support and athletes’ career transitions.
CKO Kickboxing Opens New Hampshire Gym
The health fitness franchise will open its first kickboxing gym in Belmont, NH on November 15, 2016.
Topgolf Adds Third Washington D.C. Area Location
Pending Montgomery County approval, Topgolf would begin construction on the 65,000-square-foot venue next fall, with an expected opening in fall 2018.
SIA Responds To New Outdoor Retailer Schedule
In a letter to the industry, SnowSports Industries Americas President Nick Sargent responded to Outdoor Retailer’s recently announced changes to its trade-show calendar, expressing concerns that the schedule still stretches retailers thin.
Adidas Recharges With Reigning Champ Collab
That’s right. This is the first collection in which Reigning Champ created products for women.
Zalando Raises 2016 Forecast After Q3 Profit
The German fashion e-tail giant increased its full-year adjusted EBIT margin guidance to 5 to 6 percent after seeing revenues rise 17.1 percent in the third quarter.
Nike Taps NYC Artist And Parks & Rec Department
Nike’s New York Made: Stanton Street Courts by Kaws blend culture, sports and art.
Under Armour To Sponsor College Basketball Doubleheader
The inaugural Under Armour Reunion features four members of the Under Armour collegiate roster – Auburn vs. Boston College and Seton Hall vs. South Carolina – and will take place on Monday, December 12, on FS1.
Puma Gains Boost From Its Celebrity
Sales in the third quarter came in higher than expected, boosted by the success of lifestyle shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Skechers Transitions South Korean Business
Skechers, a global leader in lifestyle and performance footwear, is transitioning its business in South Korea from a third-party distributor to a new joint venture with Luen Thai Enterprises.
Vista Outdoor’s Q3 Earnings Surge
Vista Outdoor Inc. reported earnings vaulted 121 percent to $73.2 million, or $1.22 a share, topping Wall Street estimates. Revenues advanced 24 percent.
Sport Chek’s Q3 Comps Grow 7.7 Percent
Canadian Tire Corp. reported same-store sales at its FGL Sports segment were up 6.2 percent in the third quarter. Same-store sales at Sport Chek increased 7.7 percent.
Puma Lifts Guidance After Robust Q3
Net earnings nearly doubled in the third quarter. Sales grew 10.7 percent on a currency-neutral basis, led by gains of 12.2 percent in the Americas region and 11.9 percent in the EMEA.
NRF: Retailers Ready To Work With New President
National Retail Federation President and CEO Matthew Shay congratulated the winners of Tuesday’s federal elections and pledged to work with President-elect Donald Trump and the new Congress on a pro-growth, pro-jobs agenda.
