Urban Outfitters’ Q2 Profits Slide 35 Percent
Urban Outfitters, Inc. reported total company net sales for the three months ended July 31, 2019, decreased 3.0 percent over the same period last year to $962 million. By brand, comparable Retail segment net sales increased 6 percent at Free People and decreased 3 percent at the Anthropologie Group and 5 percent at Urban Outfitters.
Bass Pro To Open Third Store In West Virginia
Bass Pro Shops announced plans to open a new location at WestRidge Crossing, a new mixed-use development in Morgantown, WV. The opening marks Bass Pro’s first new-store announcement since closing on the acquisition of Cabela’s in September 2017.
NRI Distribution Appoints New Head Of Business Development
NRI Distribution Inc., the third-party logistics provider, appointed Brian White, former vice president of sales for Nixon, Inc., to lead business development. Additionally, Ryan Dale-Johnson, former director of accounts for NRI, was promoted to director of business services in the Los Angeles office.
Gymguyz Recruits Appoints Chief Growth Officer
Gymguyz LLC, the in-home mobile personal training and fitness franchise concept, hired business development veteran Ed Ruane as its new chief growth officer.
NSGA Appoints Comptroller
The National Sporting Goods Association (NSGA) announced the hiring of Jennifer Shaffer as comptroller. Chief Financial Officer Dan Wiersma retired from NSGA on August 1.
Soccerloco Becomes Official Supplier To 619Futsal
The 619Futsal organization, including the 619Futsal Academy, announced that Soccerloco, a leading soccer retailer in the western region, will become the official apparel and equipment supplier to the club for the next three years.
STX Adds Women’s Lacrosse Athletes As Ambassadors
STX revealed its new roster of women’s lacrosse athletes who will represent the brand, support product development and work in partnership with the brand to continue growing the women’s sport worldwide Among the new elite players on the roster are Dempsey Arsenault, Kenzie Kent and Lindsey Ronbeck.
Nike Secures Licensing Agreement For NYC Logos
Nike has been granted a two-year licensing agreement allowing the company to use iconic New York City’s logos on its merchandise.
Summer Lodging Tracking Nicely In Southeast, Winter Patterns Showing Downshift
Participating lodging properties across the Southeast region are now assured of a positive summer performance for both occupancy and revenues — with only one month remaining for the summer season, according to Inntopia. Bookings made in July for arrivals in the months of July through December, however, are down 11 percent.
New Wave Group Sees Double-Digit Gains In Q2
New Wave Group AB, the Sweedish-based owner of Ahead, Auclair, Craft and Cutter & Buck, reported sales rose 11 percent in the second quarter and gained 6 percent on a currency-neutral basis. New Wave’s Sports & Leisure segment sales in the quarter grew 17.5 percent.
Joseph Pepe, Sr. And Matthew Pepe Invest In Icryo Cryotherapy
Icryo Cryotherapy, a leading cryotherapy franchise in the U.S., announced that Joseph Pepe, Sr. and Matthew Pepe will be joining the company as equity partners. Joseph Pepe, Sr. is well known for being the one of the first Planet Fitness franchise owners.
TJX’s Q2 Earnings Expand 7 Percent
TJX Cos. reported earnings rose 7 percent in the second quarter as same-store sales grew 2 percent.
Kohl’s Q2 Profits Top Expectations
Kohl’s Corporation reported a strong start to the back-to-school selling season and its partnership to accept Amazon returns inside stores helped the retailer beat Wall Street earnings expectations during the second quarter ended August 3.
Altra Names Andrew Conley Director Of Global Product
Running footwear brand Altra on Tuesday announced Andrew Conley as its director of global product. He will lead all of Altra’s global product efforts, from design to development and merchandising. VF Corp. bought Altra in 2018.
Gresvig Rebrands All Stores To Intersport
Gresvig AS, a leading sports retailer in Norway, will consolidate its stores under the Intersport brand and build a closer partnership with Intersport International, the world’s leading sporting goods retailer.
