Safilo Group’s Sales Drop 16.4 Percent On Gucci License Change
Safilo Group, the parent of Smith, net sales reached €1.047 billion in 2017 compared to €1.25 billion in 2016, a decline of 16.4 percent. Sales were down 15.5 percent on a currency-neutral basis.
DeFeet Partners With LuxTag.io To Add Blockchain Solutions
Working exclusively with LuxTag.io based in Cyberjaya, Malaysia, DeFeet will be the world’s first apparel company to track products on a blockchain.
Little Rock Ranked As Fattest City
Little Rock-North Little Rock-Conway, AR ranked as the U.S.’s fattest city, according to analysis by WalletHub, the personal-finance website. Little Rock was followed in the top five by Shreveport-Bossier City, LA; McAllen-Edinburg-Mission, TX; Memphis, TN-MS-AR; and Mobile, AL.
Cutters Unveils New Logo And Tagline
Cutters, known for its football gloves featuring C-TACK proprietary grip technology, has unveiled a new brand logo and tagline, “Grip The Greatness,” which coincides with its transition to an all-football brand identity.
Skechers Performance Returns As Title Sponsor Of Los Angeles Marathon
For its third year as title sponsor of the event held on Sunday, March 18, Skechers will offer race-branded merchandise and host several events, including a meet and greet with four-time Olympian Meb Keflezighi.
TYR Sport Re-Signs Jan Frodeno
TYR Sport announced the re-signing of Olympic Gold Medalist and 2X IRONMAN World Champion Jan Frodeno to its roster of sponsored athletes.
WakaWaka Hires Distributor To Support U.S. Launch
WakaWaka, a maker of solar powered chargers, lights, power banks and panel based in The Netherlands, has selected Revolution House Media as its public relations partner and Kompass Solutions as its distributor for North America.
Footaction Debuts ‘Uncover’ Featuring Jonathan Mannion And Freddie Gibbs
Footaction teamed up with photographer Jonathan Mannion and recording artist Freddie Gibbs to debut a new content franchise, “UNCOVER Presented by Footaction.” The conversation, hosted by radio personality Mando Fresko, focused on how lifestyle and culture intersect.
February Retail Sales Increase 4.4 Percent Over Last Year
February retail sales increased 0.3 percent seasonally adjusted over January and 4.4 percent year-over-year as the economy continued to grow, the National Retail Federation said. Sporting goods stores were down 3.4 percent year-over-year but up 2.2 percent from January seasonally adjusted.
Newell Brands Independent Directors Issue Open Letter To Shareholders
Newell Brands mailed a letter to shareholders from the independent members of its Board of Directors detailing their perspective on the upcoming proxy contest with Martin Franklin and his affiliates, under the banner of Starboard Value, LP.
Adidas Lifts Profitability Target After Robust 2017
Adidas AG reported revenue growth accelerated in the fourth quarter, led by China and North America, prompting the company to upgrade its profitability target for 2020.
VF Corp. To Acquire Altra
VF Corp. signed a definitive purchase agreement to acquire the Altra footwear brand from Icon Health & Fitness, Inc.
GU Energy Labs Gels Are Now “Made by the Sun” At Berkeley Headquarters
GU Energy Labs will now offset over 95 percent of its energy needs at its headquarters
Adidas Initiates Multi-Year Stock Buyback Program
With the approval of the Supervisory Board, the Executive Board of Adidas AG has decided to launch a multi-year share buyback program of up to €3.0 billion ($3.7 bn) in total until May 11, 2021.
Camping World’ Updates Q4 Results
Camping World Holdings Inc. updated its fourth-quarter results to reflect the benefit of a deferred tax asset.
