New Balance Partners With Snapchat On Liverpool Liverpool FC Kit Launch
New Balance debuted a shopping experience in the U.S. and U.K. through Snapchat’s new Shoppable AR (augmented reality) technology that lets Liverpool FC fans virtually wear, and then buy, the new Liverpool FC kit.
Puma To Open New York Flagship On Fifth Avenue
Puma has signed a lease deal to open a flagship store on Manhattan’s Fifth Avenue shopping corridor. The three-level, 24,000-square-foot space is at 609 Fifth Ave. at 49th Street, opposite Saks Fifth Avenue.
Tegra Acquires Fjord
Tegra, a leading apparel manufacturing and supply chain provider, announced the acquisition of Fjord LLC, a leading manufacturer of on-field uniforms and gear for elite athletes.
Nordstrom Earnings Rise On 5.8 Percent Sales Growth
Nordstrom Inc. reported earnings of $87 million, or 51 cents per share, in the first quarter ended May 5, compared with $63 million, or 37 cents a share, in the same quarter in fiscal 2017.
Arc’teryx Brings Back Arc’teryx Climbing Academy
The popular outdoor event will be held in the rugged climbing mecca of Squamish, British Columbia, from July 19 – 22, 2018.
TRX Partners With In-Shape Health Clubs
In-Shape Health Clubs, the California fitness club, announced a partnership with the maker of functional training equipment, TRX, on a custom-made education program.
Honey Stinger Partners With Holowesko|Citadel
Honey Stinger, the manufacturer of honey-based nutritional products, announced that the company will partner with team Holowesko|Citadel p/b Arapahoe Resources as a nutrition sponsor.
J.C. Penney Slashes Full-Year Guidance On Q1 Sales Miss
J.C. Penney’s first-quarter missed analysts’ expectations due to a cooler start to the spring season. The department store chain also cut the company’s full-year earnings outlook.
Dillard’s Q1 Earnings Improve
Dillard’s Inc. reported first-quarter earnings rose 21.4 percent on a 2 percent comp gain. Results exceeded Wall Street’s targets.
Hixson High School Wins Vans Custom Culture Competition
Vans named Hixson High School from Hixson, TN as the grand prize winner of the ninth annual Vans Custom Culture art competition.
Remington Exits Chapter 11 Bankruptcy
Nearly two months after filing for bankruptcy protection, Remington Outdoor Company claims the company has emerged after successfully implementing a plan that will reduce debt levels and provide more stable financing that may help the company ride out a slowing market for firearms.
Escalade Sells Equity Stake In Stiga Sports Group AB
Escalade Inc. announced the company has sold the 50 percent equity share of Stiga Sports Group AB, headquartered in Sweden.
Grassroots Outdoor Alliance Announces 2018 Award Nominees
Grassroots Outdoor Alliance, the national organization dedicated to the health and growth of specialty outdoor retail, this week announced the nominees for the 2018 retailer and vendor awards. Winners will be announced on June 13 during the first night of the Grassroots Connect buying show in Knoxville, TN.
Puma Officially Exits Kering
Kering said the company has completed the spinoff of Puma.
NSGA’s Sporting Goods Market Report Shows Retail Sales Reach $69.4 Billion
Consumer retail purchases of sporting goods equipment, athletic footwear and athletic apparel increased to $69.4 billion for the categories tracked by the National Sporting Goods Association (NSGA) in 2017, an increase of 1 percent versus 2016.
