Europe Boosts Safilo Group’s Q1 Revenue
Safilo Group S.p.A. reported first-quarter gross profit reached €127.5 million, up 9.1 percent compared to €116.8 million in the first quarter of 2017.
Sequential Brands Shows Q1 Loss
Sequential Brands Group, the parent of Gaiam, And1 and Avia, reported a net loss of $2.3 million, or 4 cents, in the first quarter.
DSW Launches New Loyalty Program
DSW announced the launch of DSW VIP, a redesigned loyalty program for the company’s 25 million members. The new program provides new benefits, tiers, experiences and more.
Peloton Expands To Europe And Canada
Peloton, the in-home cycling studio specialist, announced the company’s first foray into the international marketplace.
Wolverine Worldwide Lifts Guidance On Strong Q1
Wolverine Worldwide reported adjusted earnings rose 35 percent in the first quarter to 50 cents a share, exceeding Wall Street’s consensus estimate of 37 cents a share. Underlying revenue inched up 0.3 percent on a currency-neutral basis as Merrell, Sperry and international exceeded expectations.
Asics’ Q1 Earnings Drop On Weakness In The Americas And Japan
Asics reported net earnings fell 43.2 percent in the first quarter ended March 31. Sales were off 7.4 percent and down 9.4 percent on a currency-neutral basis.
Gander Outdoors Opens In Appleton And Fort Worth
Gander Outdoors, formerly known as Gander Mountain, set grand opening celebrations for re-opened stores in Appleton, WI and Fort Worth, TX.
Apex Outdoor Sales To Represent Oboz In South Central States
Oboz Footwear announced that Apex Outdoor Sales, led by Vanessa Downey, will represent Oboz in the south-central states of Texas, Arkansas, Louisiana, Oklahoma and Kansas.
Sturm, Ruger & Co. Beats On Q1 Income, Revenue
Sturm, Ruger & Co. Inc. reported first-quarter earnings of $14.3 million, or 81 cents per share, on revenue of $131.2 million, which topped analysts’ expectations by 1 cent per share and $3.7 million, respectively.
Adidas Signs Eastern Kentucky University
Eastern Kentucky University athletics and Adidas announced a new multi-year partnership. Adidas becomes the official athletic footwear, apparel and accessory brand of the Colonels.
TSC Apparel Acquires Thinc Actionwear
TSC Apparel has purchased Portland, OR-based Thinc Actionwear.
Balega Revamps Website
With new digital tools and resources, the new site helps tell the colorful Balega brand story, raises awareness about the work that Balega is doing in communities, and enhances the consumer’s shopping experience.
Five More Senior Managers Exit Nike
Five more senior managers at Nike Inc., Steve Lesnard, Helen Kim, Simon Pestridge, Tommy Kain and Ibrahem Hasan, have left the company, according to a report in the New York Times. The exits follow an internal investigation into workplace behavior that has led to several other executive departures.
NSAA Awards 7 Ski Resorts With Marketing Honors
The National Ski Areas Association (NSAA) awarded seven ski areas top honors for their 2017-18 marketing programs. NSAA announced the winners at the company’s national convention and trade show last week in Marco Island, FL.
Fanatics Opens Germany Office
The new office in Hamburg is designed to create a significantly enhanced merchandise offering for leagues, teams, fans and retailers throughout Central Europe.
