Hibbett Sports Introduces New App & Chance To Win Free Sneakers For A Year
Retailer Hibbett Sporting Goods Inc., which operates more than 1,000 athletic apparel, footwear and equipment stores in small and mid-sized markets, today announced the launch of a new mobile app for iOS and Android.
Under Armour’s Q1 Tops Wall Street’s Targets
Under Armour Inc. reported break-even results in the first quarter, exceeding Wall Street’s expectation. Sales also came in slightly ahead of expectations. Sales in North America were flat while international growth was 27 percent. The company maintained its guidance for the year.
Vista Outdoor To Explore Divestitures On Non-Core Brands
Vista Outdoor Inc. reported that the company plans to explore the divestiture of the Sports Protection brands (e.g. Bell, Gir, and Blackburn), Jimmy Styks paddle boards, and Savage and Stevens firearms as part of a strategic business transformation plan.
VF Corp. Completes Sale Of Nautica
VF Corporation announced that the company has completed the sale of the Nautica brand business to Authentic Brands Group, LLC (ABG).
HanesBrands’ Q1 Tops Guidance
HanesBrands reported adjusted earnings in the first quarter declined 10 percent in part due to raw material inflation but earnings topped guidance. Sales grew 7 percent on robust growth internationally and high-single-digit growth for Champion domestically.
NFHS Appoints Executive Director
The National Federation of State High School Associations (NFHS) has selected Dr. Karissa Niehoff, executive director of the Connecticut Association of Schools-Connecticut Interscholastic Athletic Conference (CAS-CIAC) the past seven years, as the organization’s next executive director.
Thule’s Q1 Profits Climb 12 Percent
Thule Group AB reported first-quarter earnings jumped 11.9 percent to SEK 220 million as revenue improved 5.6 percent to SEK 1.6 billion.
L.L.Bean To Open Store In Hilldale
L.L.Bean plans to open the company’s second Wisconsin store May 11 with giveaways and an outdoor party.
Yue Yuen Issues Profit Warning
Yue Yuen Industrial Ltd. said it expects to record a decrease of around 20 percent to 25 percent in profit for the three months ended March 31.
Nike Appoints New GM Of Global Categories
Nike Inc. announced that Amy Montagne has become the new VP, GM of global categories. Nike also confirmed that Kellie Leonard has become its first-ever chief diversity and inclusion officer.
Teamwork Athletic Apparel Appoints New National Sales Director
Teamwork Athletic Apparel, the maker of licensed apparel and team uniforms, hired Jeff James as national sales director.
Gander Outdoors Prepares For Grand Opening In Greensboro, NC
The store will be be one of five Gander Outdoors retail locations in North Carolina.
Fitbit Collaborates With Google
Fitbit Inc. and Google announced a collaboration on digital health and wearables.
Inov-8 Named Official Footwear Of OCR World Championships
The Obstacle Course Racing (OCR) World Championships announced that Inov-8 has signed on the Official Footwear Brand of the 2018 championships.
Implus Acquires Winter Traction Brand Stabil
Implus, a Durham, NC-based provider of athletic, fitness and outdoor accessories, has acquired 32 North Corp., dba Stabil, the maker of Stabilicers, Stat-A-Rest and Stabil Turf performance footwear traction products made in the U.S. and Canada. Terms were not disclosed.
