Five Ten Names New Canadian Distributor
As of January 1, 2018, Live to Play Sports will have exclusive distribution of all Five Ten bike and climbing products in Canada.
The North Face Endurance Challenge Championships Hosts Thousands In San Francisco
Thousands of runners competed in The North Face Endurance Challenge Championships starting in Sausalito and ending in picturesque Crissy Field in the San Francisco Bay Area this past weekend. In its eleventh year, the race boasts a $30,000 prize purse for top finishers.
Farm to Feet And Ski City Launch Cottonwood Getaway Sweepstakes
The sweepstakes winner will receive air travel and hotel accommodation for two to Salt Lake City for four nights, two four-day Ski City Super Passes, sweatshirts from The Mountain and a set of Farm to Feet Cottonwood socks.
Foot Locker Q3 Earnings Top Wall Street Targets
Richard Johnson, chairman and CEO, said in a statement, “Despite the highly promotional environment we still see in the marketplace, the availability of premium product is gradually improving compared to the first half of the year, and we believe we can achieve, and perhaps modestly exceed, the top- and bottom-line guidance we gave for the fourth quarter back in August.”
Hibbett Sports Lifts Outlook After Q3 Easily Tops Estimates
Hibbett Sports reported third-quarter earnings fell 47.9 percent but both earnings and sales easily topped Wall Street targets. Hibbett officials credited positive comps in footwear, significant improvement in branded apparel and strength online.
Outdoor Retailer Releases Floorplan For Outdoor Retailer + Snow Show 2018
More than 1,000 brands will fill three levels at the Colorado Convention Center.
Bipartisan Deal Introduced To Tighten Background Checks For Gun Purchases
A bipartisan group of senators on Thursday introduced new legislation that enhances state compliance and accuracy of existing background check systems in place for firearm purchases.
Columbia Sportswear May Close Downtown Office Over Safety Concerns
Columbia Sportswear may close its offices in downtown Portland that house Sorel’s headquarters and relocate 50 jobs due to unsafe conditions in the area.
Accell Group Further Adjusts North American Organization
Accell Group said in a statement, “Senior management has been replaced and the activities in North America will be fully integrated. Inventories destined primarily for the MultiSport chains will be scaled down as quickly as possible.”
Payless Announces Strategic Initiatives To Further Transformation
The moves include a streamlining at its corporate headquarters and hiring a new chief strategy officer.
Sportsman’s Warehouse Lowers Guidance On Margin Concerns
John Schaefer, chief executive officer, stated, “While the difficult firearm comparisons that we anniversaried through the first three quarters of fiscal year 2017 will be behind us, we expect a heightened promotional environment which we are reflecting in our sales and margin outlook.”
RECALL: Precision Shooting Archery Crossbows
Precision Shooting Equipment (PSE) has recalled about 17,000 crossbows because they can fire or discharge unexpectedly, posing an injury hazard to the user and to bystanders.
Nike Hikes Quarterly Dividend By 11 Percent
Said Mark Parker, chairman, president and CEO of Nike, Inc., “Today’s announcement, combined with the four-year $12 billion share repurchase program we announced in 2015, demonstrates our continued confidence in generating strong cash flow and returns for shareholders through our new Consumer Direct Offense.”
Shoe Carnival Lifts Outlook On Strong Q3
Shoe Carnival reported net earnings rose 10.6 percent to $10.7 million, or 66 cents a share, exceeding Wall Street’s consensus target of 62 cents. Same-store sales grew 4.4 percent.
FDRA Holiday Surveys Sees Shoe Spending Increasing
FDRA’s 2017 Holiday Shoe Sales Survey shows comfort/casual sneakers/leisure footwear remain the top choice for holiday shoe buyers, more shoppers are planning to spend more than $100 on shoes, and Amazon dominating as go-to-place online for holiday shoe buying.
