SGB Update Apparel
NRF Sees Positive Start To Holiday Spending
From Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped either in stores or online, surpassing the 164 million who had said they would shop in a consumer sentiment survey conducted ahead of the holiday, according to findings from the National Retail Federation and Prosper Insights & Analytics.
Fun Socks Partners With Delivering Good
On November 27’s Giving Tuesday, Fun Socks, a division of United Legwear and Apparel Co. (ULAC), announced a formalized partnership with Delivering Good (formerly K.I.D.S and Fashion Delivers). The program, entitled Delivering Fun, will operate under the “1-for-1” model: one pair of socks for every pair purchased.
Zaful Activewear Launches College Campaign
At the beginning of November, Zaful launched a campaign destined for UCLA (University of California, Los Angeles), CSULB (California State University, Long Beach) and USC (University of Southern California) to bring their latest activewear to LA students.
Vuori Opens San Francisco Store
Southern California-inspired Vuori Clothing announced the opening of its latest store located at 2070 Union Street in San Francisco.
Cyber Monday Breaks Online Sales Record
Cyber Monday is projected to hit $7.9 billion by the end of the day, making it the largest online shopping day of all time in the U.S., according to Adobe. This represents a 19.7 percent increase year-over-year year-over-year as of 7:00 p.m. ET.
Women’s Running Releases 2018 Audience Study
Women’s Running released its 2018 Audience Study based on interviews with 6,572 of its readers. The survey found Women’s Running audience on average spent $1,438 each year on running-related goods and services and an additional $1,155 on running-related travel. Respondents on average ran average of 198 days a year for 941 annual miles.
Pocket Outdoor Media To Host Media Hub At The Running Event
Competitor Running, Women’s Running, Triathlete, and VeloPress will host the Official Media Hub of The Running Event 2018 tradeshow from November 28 to 30 at the Austin Convention Center.
Kohl’s Announces $3 Million In Donations For Family Health And Wellness
Kohl’s on Tuesday announced today the company will award $3.2 million in grants to more than 300 nonprofit organizations across the country that work to improve the health and wellness of children and families as part of its national giving program, which is an extension of the company’s ongoing commitment to health and wellness.
Rossignol To Open Pop-Up Apparel Boutique In Aspen, CO
Building off the successful launch of flagship store and pop-up boutiques across France, Italy, Switzerland and Norway, including last month’s new Paris flagship store location, Rossignol has announced the planned opening of its first U.S. retail pop-up boutique in Aspen, CO, next month.
Dick’s Sporting Goods Commits $6 Million To Youth Sports
Today on Giving Tuesday, Dick’s Sporting Goods and The Dick’s Sporting Goods Foundation, announced a $6 million commitment to support youth sports teams in need. Since 2014, Dick’s and the Dick’s Foundation have committed over $55 million and have supported more than one million young athletes through its Sports Matter initiative.
Hibbett Slightly Lowers Full-Year EPS Outlook
Hibbett Sports Inc. slightly lowered its full-year earnings guidance after reporting third-quarter earnings came a penny below Wall Street’s targets. Comps in the quarter were basically flat. The sporting goods chain marginally lifted its comp guidance for the year with footwear comps seen improving.
Columbia Sportswear Appoints VP And General Manager Of China
Columbia Sportswear Company announced the appointment of John Soh as vice president and general manager of China, effective February 2019. Soh was senior commercial director in the Asia Pacific region for Lego.
The Buckle Misses On Earnings, Revenue
The Buckle Inc. announced Monday that net income for the fiscal quarter ended November 3, 2018, was $20.5 million, or 42 cents per share, missing Wall Street’s target by 4 cents.
Saucony Appoints Chief Marketing Officer
Saucony, a division of Wolverine Worldwide Inc., announced that Don Lane has been named chief marketing officer, effective immediately. Lane joins Saucony from DraftKings, the Boston-based global sports technology and entertainment company.
RYU Apparel’s Q3 Revenues Climb 64 Percent
RYU Apparel Inc., based in Vancouver, reported revenue in the third quarter of 2018 was $1.22 million, 64 percent higher than the same period in 2017. The urban apparel specialist also earned a gross margin of 58 percent in the period.
