SGB Update Apparel

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.

Tim Boyle To Serve As Acting Chairman Of Columbia Sportswear

Columbia Sportswear Company announced that, in accordance with prior actions by the company’s board of Directors, President and CEO Timothy P. Boyle will serve as acting chairman of the board following the passing of Gert Boyle.

Li-Ning Launches First Retail Showrooms In Canada

Li-Ning, China’s sports brand, announced that for the first time ever in Canada its extensive collection of racket sport equipment, shoes and apparel is available in standalone retail showrooms.

Under Armour Beats Q3 Targets, Reduces Full-Year Revenue Guidance

Under Armour reported quarterly earnings and sales that topped Wall Street’ estimates, but the company trimmed its revenue outlook for the full year, citing “traffic challenges” at the DTC channel and lower than planned excess inventory to service the off-price channel. The company expects earnings to reach the high end of its previous range.

Under Armour Faces Federal Accounting Probe

Under Armour is the subject of federal investigations by the Justice Department and Securities and Exchange Commission over its accounting practices, the company confirmed Sunday.