The Finish Line, Inc. hired Imran Jooma as chief omnichannel officer and executive vice president. He most recently served as executive vice president and president of online, marketing, pricing and financial services at Sears Holdings Corporation…
Tag: Supplier
Vista Outdoor Stock to Begin Trading Tuesday
Alliant Techsystems Inc. (ATK) completed the previously announced tax-free spin-off of its Sporting Group business to ATK stockholders as a newly formed company named Vista Outdoor Inc., which owns Bushnell, Bollé and dozens of…
Saucony Athlete Claims First U.S. Title
Saucony Athlete Laura Thweatt broke the tape at the USA Track and Field Cross Country Championships in Boulder, Colorado on Saturday, claiming her first U.S. title. A member of the Boulder Track Club, Thweatt won the 8K open women’s race…
Early Colorado Snow Lifts Intrawest’s Same-Store Sales
Intrawest Resorts Holdings Inc. said price increases at its eastern resorts and abundant snow in Colorado ahead of the Christmas break enabled it to increase same-store sales 11.6 percent in the quarter ended Dec. 31, 2014…
With Lululemon Market Cap up $4 Billion, Founder Wilson Exits
Lululemon Athletica Inc. Founder Chip Wilson stepped down from Lululemon's board of directors Feb. 2 after taking credit for restoring $4 billion in value by forcing through changes on the board of directors and in management…
Delta Apparel Posts Loss on Pricing Pressures
Delta Apparel, Inc. widened its loss in its fiscal first quarter ended Dec. 27, to $4.2 million, or 53 cent a share, from $1.6 million, or 20 cents, a year ago. Continued price discounting in its undecorated tee business as well as declines at Soffe and J
Under Armour Crosses $3BN Milestone, Doubles Down on Fitness
With a robust fourth-quarter led by double-digit gains in apparel and footwear, Under Armour crossed the $3 billion revenue mark in 2014. The bigger surprise was its acquisitions of Endomondo and MyFitnessPal that position the company as the dominant glob
Mizuno Nine Months Impacted by Golf Struggles
Mizuno Corp. reported net sales totaled ¥133.7 billion ($1.68 bn) in the first nine months ended Dec. 31, up 1.1 percent year-over-year. Strength in lifestyle products, centered largely on running offset “harsh conditions” in golf…mu
Delta Apparel Posts Loss on Pricing Pressures
Delta Apparel, Inc. widened its loss in its fiscal first quarter ended Dec. 27, to $4.2 million, or 53 cent a share, from $1.6 million, or 20 cents, a year ago. Continued price discounting in its undecorated tee business as well as declines at Soffe and J
New Balance Aims to Become Third Largest Player in Soccer
New Balance, which does a small business in soccer (global football), last week revealed much-bigger ambitions with the signing of four club sponsorships: Liverpool FC, Stoke City FC, FC Porto and Sevilla FC. It also signed ten international players…
Gildan Posts Q1 Loss on Pricing Changes, Acquires Comfort Colors
Gildan Activewear reported a loss of $41.2 million, or 34 cents a share, in its first quarter ended Jan. 4 due to previously-announced price reductions in its Printwear segment designed to compete more effectively in the marketplace…
PSG Names New Director to Replace Outgoing Kohlberg Partner
Performance Sports Group Ltd. appointed Joan Dea to the company's board of directors, where she will take a seat opened by the resignation of Kohlberg & Company Partner Chris Anderson…
Zumiez Sees 12 Percent January Comp Increase
Zumiez Inc. reported net sales for the four-week period ended Jan.31, 2015 increased 16.0 percent to $44.1 million. Comparable sales increased 12.3 percent…
Asics Relaunches Asics Tiger as Sport Lifestyle Brand
Asics announced the relaunch of the Asics Tiger brand for the sport lifestyle market. Originally designed as competitive sports shoes during the 1980s and early 90s, the current line of street style shoes will feature fresh, casual designs for everyday we
GoPro’s Q4 Revenues and Margins Soar
GoPro, Inc. reported revenue soared 75.4 percent and gross margin 600 basis points in the fourth quarter ended Dec. 31, 2014 after shipping as many cameras as in all of 2012. Operating income grew nearly 2.5 fold, while diluted earnings per share reached
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