Foot Locker Q3 Tops Wall Street Estimates
Foot Locker’s adjusted earnings increased slightly ahead of Wall Street expectations as same-store sales grew 4.7 percent.
Nike Raises Quarterly Dividend
The dividend increases 13 percent to 18 cents a share.
WSS Secures Minority Investment
WSS, the athletic footwear retailer based in Los Angeles, has agreed to a minority private equity investment with Riata Capital Group, a Dallas, TX-based investment firm.
Russell Athletic ‘Fight Like Dylan’ Award Given To Huntington High
The Huntington Blue Devils and Eli Mollineaux represent the team message Russell Athletic espouses through the “Team On” campaign that kicked off during the 2016 football season.
Bowflex Launches Brand Shops In Select Dick’s Sporting Goods
Nautilus Inc. launched Bowflex brand shops in Dick’s Sporting Goods stores in the five key markets of Robinson, PA, Carmel, IN, Raleigh, NC, Austin, TX and Littleton, CO.
Dick’s Becomes Official Little League Technology Provider
Dick’s Team Sports HQ becomes the recommended technology provider to Little League’s 2.4 million participants, more than 1 million coaches, local league officials and district administrators.
Zappos To Support Pet Adoptions Over The Holiday
Beginning on Black Friday and continuing through Cyber Monday, customers will have the opportunity to adopt a dog or cat through the Zappos.com Pawlidayz initiative.
W. L. Gore Unveils Fabrics Testing Facility
The biophysics and heat and flame protection labs allow Gore engineers to measure the properties of component materials, Gore laminates and fully constructed garments and footwear in new, expanded and relevant conditions.
Perry Ellis Golf Boosted By Warm Weather In Q3
The company’s PGA Tour, Ben Hogan and Callaway golf apparel licenses led the gains, while its Nike Swim brand grew at a double-digit pace.
Foot Locker Inc. Names New Directors
Foot Locker Inc. (FL), the New York-based specialty athletic retailer, elected Ulice Payne Jr. and Kimberly K. Underhill to the board of directors as directors of the company, effective December 1.
Perry Ellis Reports Q3 Loss
The company reported a loss in the third quarter due to pension plan termination costs, but adjusted earnings came in ahead of guidance.
Shareholder Group Seeks Delay In PSG’s Bankruptcy Auction
An ad hoc committee of Performance Sports Group Ltd.’s shareholders argues the short time frame and the bidding structure make it too difficult for anyone to compete with an offer from a group led by Sagard Capital Partners LP.
Fox River Mills Sold To Private Equity Firm
The 116-year-old hosiery mill in Iowa will become a division of LongWater Opportunities’ Standard Merchandising Company. The new private equity owner focuses its investments in American manufacturing.
Nike’s Self-Lacing Sneakers To Cost $720
Nike said the HyperAdapt 1.0, its hyped self-lacing models inspired by the 1985 movie “Back to the Future Part II,” will carry a retail price of $720.
Industry Urges Support Of Paris Climate Agreement
Nike, The North Face, Vans, Patagonia, K2 Sports and Clif Bar were among more than 300 businesses across industries signing a letter urging president-elect Donald Trump and other world leaders to remain committed to the Paris agreement on climate change.
