Outdoor Retailer Innovation Awards Return For Winter Market
Outdoor Retailer will host the second annual Outdoor Retailer Innovation Awards this November at Winter Market.
Canada Goose Posts Earnings Miss On Robust Revenue Gain
Canada Goose Holdings Inc. on Wednesday announced an adjusted net loss for the fiscal first quarter ended June 2019 of $22.8 million, or 21 cents per basic and diluted share, missing Wall Street’s estimates by 3 cents. Revenue of $71.1 million marked a 59.1 percent jump from the same period a year ago.
Macy’s Lowers Earnings Guidance After Slow Start To Q2
Macy’s Inc. on Wednesday lowered its diluted earnings per share guidance—excluding settlement charges, impairment and other costs—by 20 cents after posting EPS of 28 cents that missed analysts’ estimates by 17 cents. Comp sales growth was flat at 0.2 percent on an owned basis and 0.3 percent on an owned plus licensed basis.
Ross Stores Announces Operational Leadership Changes
Ross Stores Inc. has announced operational leadership changes that the company believes will continue to drive the successful execution of its off-price strategies and maximize management’s ability to deliver ongoing increases in shareholder value.
Kohl’s Aligns With Facebook For “Curated” Collections
Kohl’s announced the introduction of Curated by Kohl’s, a new selection of products from emerging brands available in more than 50 Kohl’s stores and Kohls.com beginning mid-October 2019. Powered by Facebook, Curated by Kohl’s will bring a new assortment of brands into multiple departments.
NCTO Welcomes Administration’s China Tariff List
The National Council of Textile Organizations (NCTO) on Tuesday issued a statement today in support of the U.S. Trade Representative Office’s (USTR) announcement regarding the next steps for the proposed 10 percent tariff on approximately $300 billion of Chinese imports.
Adidas Signs World’s No. 1 Skier Mikaela Shiffrin
The No. 1 alpine skier in the world, Mikaela Shiffrin, signed with Adidas in a multi-year partnership. The 24-year-old Colorado native claimed a record 17 World Cup wins in the 2018/19 season—a feat no man or woman has ever achieved in one season before.
Industry Registration Opens For 2020 Racquet & Paddle Sports Show
Racquet sports professionals can now register, free of charge, for the 2020 Racquet & Paddle Sports Show, January 21-24, in Orlando, FL, at RacquetPaddleSportsShow.com.
ASA Outlines Offshore Wind Energy Priorities
The American Sportfishing Association (ASA) on Tuesday announced the recreational fishing industry’s position regarding offshore wind energy (OWE) expansion along the Atlantic coast.
Outdoor Businesses Paying Big-Time as Trade War Continues to Escalate
The escalating trade war between the United States and China has meant that U.S. outdoor recreation businesses have paid $1.5 billion more in tariffs over the last 10 months (September 2018 to June 2019) compared to the same period a year ago, according to Outdoor Industry Association (OIA).
SFIA Names Five Start-Up Challenge Finalists
Sports & Fitness Industry Association (SFIA) on Tuesday announced the five finalists for this 2019 SFIA Start-Up Challenge.
Steve Madden Completes Acquisition Of BB Dakota
Footwear and accessories brand Steve Madden on Tuesday announced that it has completed the acquisition of privately held BB Dakota, a California-based contemporary women’s apparel company.
Nation.Academy Partners With SquadLocker
Nation.Academy, which is developing 50 multisport facilities around the country over the next 10 years, on Tuesday announced it has entered into an exclusive retail relationship with athletic apparel dealer SquadLocker to provide Adidas equipment and merchandise.
KJK Sports Completes Purchase Of Baltic Bicycle Trade UAB
KJK Sports on Tuesday announced the completion of the purchase of Baltic Bicycle Trade UAB, the parent company of Baltik Vairas UAB, based in Šiauliai, Lithuania.
Kohl’s Introduces Customers To Emerging Brands With Curated By Kohl’s
Kohl’s on Tuesday announced the introduction of Curated by Kohl’s, a new selection of products from emerging brands available in more than 50 Kohl’s stores and Kohls.com beginning mid-October 2019.
