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.
Volcom To Become Official Apparel Partner Of U.S. Snowboarding Team
Volcom signed an agreement to become the official apparel sponsor of the U.S. Snowboard team. Volcom will replace Burton.
Mizuno’s Earnings In Half Boosted By Americas
Helped by improved profitability in the Americas region, Mizuno reported net income rose 21.7 percent in the half despite a 1.7 percent sales decline.
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.
Lululemon Partners With WSL For Championship Tour Finale
Lululemon has signed on as the new title partner of the World Surf League (WSL) Women’s Championship Tour (CT) finale that takes place in Maui’s Honolua Bay.
Dick’s Announces Black Friday Doorbusters And Holiday Hours
Dick’s Sporting Goods announced a preview of its Black Friday Doorbusters, holiday hours and conveniences for busy shoppers, while also releasing the trailer for the Company’s holiday TV spot.
Sequential Brands Posts Wider Loss On Mid-Teens Sales Decline In Third Quarter
The parent company for the Avia, And1, Heelys, SPRI and DVS brands reported Friday that total revenue from continuing operations for Q3 2019 was $25.4 million, compared to $29.5 million in the year-ago quarter.
Delta Apparel Ups Q4, Full-Year Sales And Earnings Estimates
Delta Apparel, the parent company of iconic brands Salt Life and Soffe, among others, has increased its estimates for both sales and earnings per share for the fiscal fourth quarter and full-year ending December 31.
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.
HanesBrands Adds Distribution Partner In South Korea To Open Champion Brand Stores
HanesBrands expects to significantly increase the number of Champion points of distribution, including stores and online, in South Korea starting in 2020
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.
Mizuno Partners With The Australian Paralympic Team For Tokyo 2020
Mizuno has been named as the ‘Official sport shoe supplier of the 2020 Australian Paralympic Team’. This partnership is a first for the brand in Australia and will see them fit out over 400 athletes and staff with their uniform shoe.
