SGB Update Apparel
Zoot Sports Announces Largest Athlete Roster To Date
Zoot Sports, the triathlon apparel brand, welcomed over 600 new athletes to Team Zoot.
Nike Extends Partnership With Nigeria Football Federation
The Nigeria Football Federation (NFF) announced a long-term extension of its partnership with Nike which will run through 2026 FIFA World Cup.
Agenda Long Beach Shifts To Consumer Focus
Reed Exhibitions (RX) announced that it will postpone its Agenda Winter Long Beach trade event scheduled for January 3-4, 2019 at the Long Beach Convention Center. The Southern California edition of Agenda will evolve its platform to have a greater focus on the B2C festival in June 2019.
Foot Locker Partners With Funko On NBA Collection
Funko Inc. announced that it is now selling Pop! NBA figurines at Foot Locker. The Pop! players available include James Harden, Joel Embiid, Giannis Antetokounmpo, Kristaps Porzingis, and LeBron James, in an exclusive Los Angeles Lakers gold Icon Edition jersey.
MEC To Open In Saskatchewan
MEC, the outdoor co-up based in Vancouver, will open a new 20,000 square-foot store in Saskatoon in spring 2020, the Co-op’s first retail location in Saskatchewan.
Foot Locker Offers Upbeat Holiday View On Robust Q3
Foot Locker Inc. reported third-quarter earnings rose 9 percent before special items due to improved margins and a 2.9 percent gain in same-store sales. Earnings topped Wall Street’s average target by 3 cents. Dick Johnson, CEO, said the company is “well positioned to produce even stronger results in the all-important holiday selling season and the fourth quarter overall.”
VF Corporation Appoints Todd Dalhausser As Altra Brand President
VF Corp. on Tuesday announced the appointment of Todd Dalhausser to the position of brand president, Altra, effective immediately. He will report to Steve Murray, vice president, strategic products.
The North Face Signs Lease In Mexico City
The North Face has signed a long-term lease at Town Square Metepec, a new lifestyle retail and entertainment center in Mexico City totaling 1.7 million square feet, according to real estate company Thor Equities Group.
Kohl’s Lifts Guidance On Improved Q3
Kohl’s Inc. raised its guidance for the year after reporting third-quarter results topped Wall Street’s targets. Earnings in the third quarter rose 38 percent as comps grew 2.5 percent.
TJX’s Q3 Disappoints With Holiday Guidance
The TJX Companies Inc. reported third-quarter earnings improved as comps grew a stronger-than-expected 7 percent but earnings came in lower than Wall Street’s targets and the off-price retail giant gave weak guidance for the holiday quarter.
Former Louisville Recruit Brian Bowen Sues Adidas
A law firm filed a federal suit on behalf of Brian Bowen, former Louisville and South Carolina basketball recruit, against Adidas, alleging “violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act.”
Nike Inc. Appoints John Rogers To Board
Nike Inc. announced John W. Rogers, Jr. has been appointed to the company’s board of directors. Rogers, 60, is founder, chairman, CEO and chief investment officer of Ariel Investments LLC.
Urban Outfitters Beats Earnings & Sales Expectations
Urban Outfitters Inc. on Monday announced net income of $78 million and $212 million for the three and nine months ended October 31, 2018, respectively. Earnings per diluted share were 70 cents—beating estimates by 7 cents—and $1.92 for the three and nine months ended October 31, 2018, respectively.
OBIT: James Laux, Laux Sporting Goods
James Laux, the former president of Laux Sporting Goods with two stores in Western New York, has passed away at the age of 90, according to The Buffalo News.
The North Face Announces Giving Back Initiatives
As the temperatures drop across the U.S., The North Face is ramping up how it gives back to its community of explorers in two major ways—the Explore Fund and a $250,000 Move Mountains grant created in memory of a long-time leader at The North Face, Ann Krcik.
