SGB Update Apparel
SportChek’s Comps Climb 2.5 Percent In Q4
Canadian Tire Corp. reported SportChek’s comps were up 2.5 percent in the fourth quarter and 2.0 percent for the full year
Asics Appoints Koichiro Kodama To Head Asics America
Asics announced that Koichiro Kodama will replace Gene McCarthy as president and CEO of the Asics America Group segment.
Asics’ Operating Earnings Tumble On Americas Weakness
Asics reported operating income slumped 46.3 percent in 2018 on a 3.4 percent decline in sales. Results were impacted by a sharp decline in sales in the Americas region.
Emerald Expositions Posts Q4 Loss On Impairment Charges
Emerald Expositions, the parent of the Outdoor Retailer trade show, reported a net loss of $90 million in the fourth quarter as it took $104.3 in impairment charge related to certain trade names and customer-related intangible assets.
Canada Goose Holdings Q3 Earnings Soar
Canada Goose Holdings Inc. reported third-quarter earnings catapulted 66.2 percent on a 50.2 percent revenue hike. Earnings came in well above Wall Street’s target. The company lifted its guidance for the year.
Puma Q4 Revenues Jump 20 Percent
Puma wrapped up 2018 by reporting significant earnings gains in the fourth quarter on a 20.1 percent revenue gain. For 2019, Puma expects earnings to climb 23 percent on a 10 percent sales increase.
Senate Votes To Reauthorize Land And Water Conservation Fund
The U.S. Senate passed a sweeping public lands package. The bill designates more than one million acres of wilderness for environmental protection and permanently reauthorizes the Land and Water Conservation Fund.
Headsweats Becomes Apparel Sponsor Of Mercedes-Benz Corporate Run
Headsweats joins the Mercedes-Benz Corporate Run presented by Turkish Airlines as the official apparel sponsor.
HanesBrands Achieves Leadership Position in CDP 2018 Report
HanesBrands announced that it earned an A- score and took a leadership position in the CDP 2018 Climate Change Report. Hanes has voluntarily reported its carbon emissions data since 2010 to CDP, which was formerly known as the Carbon Disclosure Project.
Sportsman’s Warehouse To Open Murfreesboro, TN, Store In Summer 2019
Sportsman’s Warehouse is planning to open a new store in Murfreesboro, TN, in the summer of 2019.
RYU Apparel Closes First Tranche Of $6 Million Private Placement
RYU Apparel Inc. has closed a first tranche of the non-brokered private placement financing of up to 80 million units at a price of $0.075 per unit for gross proceeds of up to $6 million.
REI CEO Jerry Stritzke Resigns Over Investigation Into ‘Personal, Consensual Relationship’
REI President and CEO Jerry Stritzke resigned February 11 after the company’s “investigation into the facts and circumstances surrounding a personal and consensual relationship between Jerry and the leader of another organization in the outdoor industry.”
Fila Extends Partnership With John Isner
Fila announced it has extended its partnership with the top ranked American male, World No. 9 John Isner.
BSN Sports Acquires Johnny Mac’s
BSN Sports has acquired the team sports business of Johnny Mac’s Sporting Goods, based in St. Louis. All nine of Johnny Mac’s stores are expected to close.
Levelwear Partners with Alliance Of American Football
Levelwear, the Canadian athletic apparel brand, has partnered with Alliance of American Football, the newly formed professional football league.
