SGB Update Apparel
Perry Ellis Sees Double-Digit Growth In Q4
Perry Ellis International Inc. reported adjusted pre-tax income rose 37 percent in the fourth quarter as sales grew 11.3 percent.
Hibbett Sports Q4 Comps Expand 1.6 Percent
Hibbett Sports Inc., in line with updated guidance, reported fourth-quarter earnings slumped 19.8 percent while comps grew 1.6 percent.
Zumiez’s Q4 Earnings Climb 18.2 Percent
Zumiez Inc. reported fourth-quarter earnings rose 18.2 percent on a 16.9 percent climb in sales.
Nike’s SNKRS App Launches In Japan
Nike Inc said that on March 20, the Nike SNKRS app will become available in Japan, offering NikePlus members there increased access to covetable sneakers, as well as content that celebrates local sneaker culture.
New Balance Renews Pact With FC Porto
FC Porto and New Balance reached an agreement for the renewal of the contract binding them.
Perry Ellis Extends Deadline For Director Nominations
Perry Ellis International announced that its Board of Directors has extended the window in which the company must receive proper written notice of the nomination of a director candidate in connection with its 2018 annual meeting.
Genesco’s Q4 Boosted By Momentum At Journeys
Genesco Inc. reported earnings from continuing operations for the 14-week period ended February 3, 2018, of $56.3 million, or $2.91 per diluted share, compared to earnings from continuing operations of $46.8 million, or $2.40 per diluted share, for the 13-week period ended January 28, 2017. Fiscal 2018 fourth quarter results reflect a benefit of $19.8 […]
Iconix’s 2017 Earnings Slide, Makes Key Debt Payment
Iconix Brand Group Inc. reported earnings in 2017 declined but results were in line with guidance and the company repaid a current debt offering.
Sportsman’s Warehouse CEO To Retire
Sportsman’s Warehouse announced today the retirement of its chief executive officer, John Schaefer. Schaefer also resigned as a member of the board of directors. Jon Barker, the company’s president and chief operating officer, has been appointed as the company’s chief executive officer and has also been appointed to the Board of Directors to fill the vacancy created by Schaefer’s retirement.
Gander Outdoors Prepares For Grand Opening In Flint, MI
The 65,000-square-foot store will be one of eight Gander Outdoor retail locations in Michigan.
TYR Sport Re-Signs Jan Frodeno
TYR Sport announced the re-signing of Olympic Gold Medalist and 2X IRONMAN World Champion Jan Frodeno to its roster of sponsored athletes.
Footaction Debuts ‘Uncover’ Featuring Jonathan Mannion And Freddie Gibbs
Footaction teamed up with photographer Jonathan Mannion and recording artist Freddie Gibbs to debut a new content franchise, “UNCOVER Presented by Footaction.” The conversation, hosted by radio personality Mando Fresko, focused on how lifestyle and culture intersect.
February Retail Sales Increase 4.4 Percent Over Last Year
February retail sales increased 0.3 percent seasonally adjusted over January and 4.4 percent year-over-year as the economy continued to grow, the National Retail Federation said. Sporting goods stores were down 3.4 percent year-over-year but up 2.2 percent from January seasonally adjusted.
Newell Brands Independent Directors Issue Open Letter To Shareholders
Newell Brands mailed a letter to shareholders from the independent members of its Board of Directors detailing their perspective on the upcoming proxy contest with Martin Franklin and his affiliates, under the banner of Starboard Value, LP.
Adidas Lifts Profitability Target After Robust 2017
Adidas AG reported revenue growth accelerated in the fourth quarter, led by China and North America, prompting the company to upgrade its profitability target for 2020.
