SGB Update Apparel

Nike To End Pilot With Amazon

Nike will stop selling on Amazon, ending a pilot program that started in 2017. Nike said in a statement, “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail.”

Canada Goose’s Q2 Revenues Climb 27.7 Percent

Canada Goose reported earnings rose 24.5 percent in the second quarter ended September 29 as sales grew 27.7 percent. Both earnings and sales topped Wall Street’s targets. The outerwear maker maintained its guidance for the year.

Iconix Q3 Revenues Fall

Iconix Brand Group Inc. reported revenues slumped 23.2 percent in the third quarter although operating earnings improved.

Summit Golf Brands Announces New Sales Leadership In Australia And New Zealand

Summit Golf Brands (SGB) announced a partnership between the company and Michael Barry. The partnership, effective immediately, will have Barry and his team of seven sales professionals represent all of the SGB’s brands (Fairway & Greene, Zero Restriction, B Draddy and EP New York) to leading clubs, resorts and corporations in Australia and New Zealand.

The Buckle’s Comps Climb 8.5 Percent In October

The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended November 2, 2019 increased 8.5 percent from comparable store net sales for the 4-week period ended November 3, 2018.

Adidas AG Sees Currency-Neutral Growth Of 6 Percent In Q3

Adidas AG reported net income from continuing operations decreases 2 percent, as expected, in the third quarter as revenues grew 6 percent on a currency-neutral basis. The outlook for the full-year was confirmed with expectations for significant top-line acceleration expected in Q4.

Adidas Partners With International Space Station

Adidas announced its multi-year partnership with the International Space Station (ISS) U.S. National Laboratory, managed by the Center for the Advancement of Science in Space – CASIS, to explore the boundaries of product innovation, human performance and sustainability.