Nike Battles Back Critics And Competitors
The swoosh’s latest results eased concerns that it’s losing ground to Adidas, Under Armour and newer athleisure players, but can its DTC business shoulder a slowdown in future orders?
Study: Long-Distance Runners Have Better Brain Connectivity
Research suggests long-distance running “may stress cognitive domains in ways that lead to altered brain connectivity.”
Nashville And Raleigh Squads Win Hoka One One Postal Nationals
The boys of Brentwood High School in Nashville, TN and the girls of Cardinal Gibbons High School in Raleigh, NC won the overall championships with the fastest team times in the two-mile run.
Scarpa Promotes Mark Mathews To VP Of Sales
The nine-year veteran will direct all sales strategy for Scarpa in North America, and focus more on business development and overall brand direction.
Finish Line Takes A Hit On Apparel Sales
Despite gains in its footwear categories, the retail chain lowered its earnings forecast for the year due to subpar sales of apparel and accessories.
Adidas Won’t Confirm Blac Chyna Deal
Adidas added: “We have not have made any announcement and are unable to confirm this information.”
PrimaLoft To Share Its 55-Percent Recycled Material Industry-Wide
In 2016 Patagonia had a stranglehold on this insulation, however come 2016 it will be available industry-wide.
Topgolf Plans Mega Location In South Florida
Topgolf confirmed that it will open its first location in South Florida at Miami Gardens. Topgolf will begin construction on the 65,000-square-foot venue in February 2017, and it is expected to open to the public in late 2017.
Fitbit Forges Ahead In Healthcare Realm
Companies including Keck Medicine of the University of Southern California (USC), New York Life, Pitney Bowes, SAP, Sharp Healthcare and Teach for America will now be working with Fitbit Group Health to develop programs tailored to the needs of their unique employee populations.
Asics America Strengthens Leadership Team With New Execs
Barbara Turner was appointed vice president of human resources and Lisa Hatton Harrington general counsel.
Wolverine Worldwide Makes Progress On Strategic Initiatives
Wolverine Worldwide shared an update on the progress of its ongoing strategic initiatives, which includes the divestiture of its Robeez brand.
Finish Line Reports Q3 Loss
Steep declines in apparel and accessories offset a high-single-digit footwear comp gain and a 33 percent sales increase in Macy’s business.
Superflex Raises $9.6 Million To Introduce Powered Clothing
In the coming months, Superflex will unveil its initial product concept: a powered suit designed for those experiencing mobility difficulties later in life, or challenging work environments, to provide core wellness support for a wearer’s torso, hips and legs.
Executive Movers & Shakers Of 2016
It was a busy year, including leadership changes at Nike, Adidas, Cabela’s, Giant, Keen, L.L. Bean, Timberland, Vans and VF Corp.
Nike’s Q2 Results Race Past Estimates
Nike Inc. reported sales and earnings that topped Wall Street targets, driven by double-digit currency neutral growth in Western Europe, Greater China and the Emerging Markets. Sales in the North America region were up 3 percent.
