Europe’s Zalando Improves Profitability On Efficiencies
Preliminary figures from the German retailer show its adjusted EBIT margin turning positive in the third quarter versus a loss a year ago. A deal with Adidas helped.
Speedo USA Names Former Quiksilver, Nike Talent To President
John Graham takes the helm, effective immediately.
Antigua Group Adds Sales Rep Trio
Antigua Group Inc. added three new U.S. sales reps: Fran Boone, Tommy Scott and Carlos (Yoyo) Rosario.
Under Armour Backs Girls In Sports With Christin Rose
UA partnered with photographer Christin Rose, founder of the She Plays We Win project, which celebrates the confidence that young girls build through sports.
Bike Shipments Decline Continued In September
Bicycle Product Suppliers Association (BPSA) data published by Bicycle Retailer and Industry News show bike shipments off 8 percent in the first three quarters of the year.
NFHS Launches #MyReasonWhy Campaign
The #MyReasonWhy campaign, tied to National High School Activities Month, is designed to showcase the tremendous value that high school sports and activities offer to students.
SFIA President And CEO Tom Cove Testifies Before USTR
The hearing before the United States Trade Representative (USTR) covered the expansion of the Generalized System of Preferences (GSP) that focuses on tariff relief on on sports bags and backpacks.
NSGA Innovations Arena Returns For Third Year
The NSGA Innovations Arena at the NSGA’s Annual Management Conference and 19th Annual Team Dealer Summit gives both new and established companies the opportunity to showcase a new sporting goods product to attendees.
PGA Tour Superstore Plans Three New Locations
The company recently acquired a Sports Authority location in Glendale, AZ, and is also planning new stores in Hilton Head, SC and Jacksonville, FL. All three locations are slated for 2017.
Boston, San Francisco Most Active Cities
Rounding out the top five are San Francisco, Chicago, New York City and Washington D.C.
Moody’s Rates Nike’s $1.5 Billion Offering A1
Moody’s Investors Service assigned an A1 rating to Nike Inc.’s proposed $1.5 billion senior unsecured note offering and a (P)A1 rating on its unsecured shelf program.
Can A Deal With Under Armour Recharge Major League Baseball?
Under Armour reportedly will replace Majestic Athletic in 2020 as the official on-the-field jersey for MLB. Did the league want a hotter brand?
Nike Founder Gifts $500 Million To New University Of Oregon Campus
The University of Oregon shared on October 17, 2016 that it launched the $1 billion Phil and Peggy Knight Campus for Accelerating Scientific Impact, after a $500 million lead gift by the Nike Inc. founders.
Pinarello Cycling Brand Up For Sale, Louis Vuitton Owner A Potential Buyer
Pinarello, the Italian cycling company dating back to the early 1950s, confirmed reports that the brand is looking to sell.
Wolverine Struggles To Find Growth
Citing a “tepid” and “grossly over-stored” U.S. retail market as well as challenges at its Merrell brand, the footwear company slightly reduced its sales outlook for the full year.
