SGB Update Apparel
Athleta’s Q2 Sales Climb 6 Percent
Athleta’s sales were up 6 percent in the second quarter as a surge in online sales of 74 offset a 45 percent decline in store sales, according to the quarterly report of its parent, Gap Inc. Comparable sales at Athleta were up 19 percent.
Aptean Acquires Innovative Systems
Aptean, a provider of enterprise software solutions, announced the acquisition of Innovative Systems, LLC, a provider of enterprise resource planning (ERP) software solutions and electronic data interchange (EDI) mapping and transaction support services to the apparel, footwear and accessories industries in North America.
Golf Rounds Surge In July
Golf rounds jumped 19.7 percent in July, continuing the recovery following the reopening of golf courses across the country starting in May, according to Golf Datatech. For the year-to-date period, rounds played are now ahead 3.0 percent.
Burlington Stores’ Q2 Sales Slide 39 Percent
Burlington Stores Inc. reported a loss of $37 million in the second quarter as revenues declined 39 percent. The off-pricer was able to significantly improve liquidity and reduced inventories 26 percent at the end of the second quarter.
Grassroots Outdoor Alliance Partners With NuOrder
Grassroots Outdoor Alliance, the national organization for independent specialty retailers, will partner with NuOrder to utilizing its collaborative digital buying platform to help the retail buying process.
Hibbett Sports Announces New Field Leadership Team
Hibbett Sports announced a newly formed field leadership team resulting from promotions, reassigned geographic territories and new hires, along with new strategic initiatives for better alignment and growth. The team led by industry veterans Mike Longo, president and CEO, Hibbett and Ben Knighten, SVP operations, Hibbett, is comprised of seven members made up of six regional vice presidents and one vice president of operations for City Gear stores.
Frasers Group Puts Bob’s Stores Under Strategic Review
Frasers Group, the parent of Sports Direct, announced it will immediately put its subsidiary Bob’s Stores under strategic review after Nike cut ties with the U.S. chain.
Urban Outfitters’ Q2 Revenues Drop 16.5 Percent
Urban Outfitters Inc. announced net income of $34 million, or 35 cents a share, for the three months ended July 31, down from $60.3 million, or 61 cents, a year ago.
Anta Group’s First-Half Revenues Slide 1 Percent
Anta Group reported first-half revenue fell slightly by 1 percent over the same period last year to ¥14.669 billion. Revenue of the Anta brand was ¥6.777 billion, down by 10.7 percent, and revenue of the Fila brand reached ¥7.152 billion, up by 9.4 percent. In addition to the two main brands, other brands, led by […]
Afterpay Expands Into Canada
Afterpay, the ‘buy now, pay later’ service, announced it is now offering its service to consumers and merchants in the Canadian market.
SIA Launches Six-Month Inclusion Training Program
Snowsports Industries America (SIA) announced that it will begin a six-month training program focused on inclusion in the winter outdoor industry. SIA will be joined by leaders from the National Ski Areas Association (NSAA), National Ski Patrol (NSP), Outdoor Industry Association (OIA), Professional Ski Instructors of America and the American Association of Snowboard Instructors (PSIA-AASI), and Share Winter Foundation.
Bass Pro Memphis Pyramid To Open Wahlburgers Wild Restaurant
Bass Pro Shops at the Pyramid in Memphis, TN, will add a Walburgers restaurant concept, unique to Bass Pro Shops. The new concept, called “Wahlburgers Wild,” will be the first of its kind from the Wahlburgers chain of restaurants.
Waldorf University Signs With Nike, BSN Sports
Warrior University, based in Forest City, IA, signed an agreement with BSN Sports to outfit the Warrior athletic teams in Nike uniforms and with Nike gear for the next five seasons.
Dick’s SG’s Q2 Profit And E-Commerce Sales Soar
Dick’s Sporting Goods reported earnings in the second quarter on an adjusted basis jumped 150 percent topping Wall Street targets as same-store sales grew 20.7 percent. E-commerce sales nearly tripled. Dick’s officials said the performance was helped by a shift toward athletic and active lifestyle products with people spending more time working and exercising at home.
Fanatics Inks Licensed Apparel Deal With Rebel Sports
Rebel, an Australian retailer of sporting equipment, apparel and footwear, has partnered on an agreement that will see Fanatics become the exclusive supplier of all ‘non-Australian’ licensed team merchandise on the Rebel website. Fanatics will also help improve Rebel’s in-store licensed product availability.
