SGB Update Apparel
Rip Curl Extends Contract With Mick Fanning
Rip Curl, celebrating its 50th anniversary, announced a lifetime contract 3x World Champion Mick Fanning.
OwnWay Apparel Appoints Matt Russell As Brand Ambassador
OwnWay Apparel announced a new partnership with multiple Ironman champion athlete, Matt Russell.
Callaway Golf Misses On EPS, Beats On Revenue in Q4
Callaway Golf Co. on Wednesday announced its full year 2018 financial results and provided financial guidance for 2019, including contributions from Jack Wolfskin, which the company acquired in January 2019.
Zumiez Lifts Q4 Outlook On January’s 3.5 Percent Comp Increase
Zumiez Inc. on Wednesday announced that total net sales for the four-week period ended February 2, 2019, decreased 18.3 percent to $53.9 million, compared to $66 million for the five-week period ended February 3, 2018.
NRF Sees 2019 Growth Between 3.8 And 4.4 percent
The National Retail Federation forecast that retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown.
Nike Signs Clean Energy Deal In Europe
Nike signed its first European clean energy deal with Iberdrola, the Spanish utility, with a goal of having all its offices in Europe powered by renewable energy by 2020.
Foot Locker Announces Global Realignment To Support International Growth Strategy
Foot Locker Inc., the New York-based specialty athletic retailer, on Tuesday announced a realignment of its organizational operating model into three distinct geographical regions: Europe, Middle East and Africa (EMEA); Asia Pacific; and North America, to better align its resources across its international businesses, and to develop an infrastructure to support an expansion plan within the Asian market.
Boot Barn Raises Fiscal Year EPS Outlook
Boot Barn Holdings Inc. on Tuesday reported that net sales for the third quarter ended December 29 increased 13 percent to $254 million, narrowly missing analysts’ expectations by $0.54 million. The company raised fiscal year EPS guidance to $1.31 to $1.33, compared to the company’s prior outlook of $1.16 to $1.24.
BikeCo Purchases ASE Assets As Going Concern
BikeCo, LLC, a joint venture consisting of Tiger Capital Group and Advanced Holdings Co. Ltd., has acquired the assets of Advanced Sports Enterprises (ASE). The winning bid, approved by the bankruptcy court on February 1, exceeded $23 million.
Academy Sports Appoints Steven Lawrence As EVP And Chief Merchandising Officer
Academy Sports + Outdoors announced that Steven P. Lawrence has been appointed executive vice president and chief merchandising officer, effective February 11. He was most recently CEO of Francesca’s and has also been chief merchandising officer at Stage Stores.
Fila Extends Sponsorship Of The BNP Paribas Open
Fila has extended its Premier Sponsorship agreement with the BNP Paribas Open, the largest ATP Tour and WTA combined two-week event in the world.
Unifi Asia Pacific (Hong Kong) Co. Ltd., Kipas Mensucat Isletmeleri A.S. Enter Into Strategic Agreement
Unifi Asia Pacific (Hong Kong) Co. Ltd. (UAP) announced Tuesday that it has entered into a strategic commercial agreement with Kipas Mensucat Isletmeleri A.S. (KIPAS) for the supply of REPREVE staple fibers into the Republic of Turkey. UAP and KIPAS will leverage the supply infrastructure in Turkey to provide quality, service, speed-to-market and REPREVE-based staple fiber offerings to fabric mills as well as brand and retail partners.
Under Armour To Continue Lindsey Vonn Sponsorship Post-Retirement
Under Armour plans to continue its sponsorship of Lindsey Vonn after her retirement. On Friday, the legendary skier announced she planned to retire after the World Championships this week in Sweden.
Former Cabela’s Employees Launch Highby Outdoors
A number of former Cabela’s employees, led by Matt Highby, have officially launched Highby Outdoors, an e-commerce site focusing on outdoor gear.
Stage Stores Appoints EVP And CFO
Stage Stores Inc. announced the promotion of Jason Curtis to executive vice president, chief financial officer and treasurer.
