Gildan Activewear Q2 Sales Miss Mark, Lower Guidance
Gildan Activewear Inc. reported its fiscal second-quarter 2016 sales, ended July 3, that were slightly below company expectations due to headwinds from distributor inventory destocking in printwear, the exit of certain retail private label programs and unfavourable foreign exchange.
SFIA Buffs Leaders Summit with Cavaliers CEO and U.S. Secretary of Labor
The Sports & Fitness Industry Association (SFIA) added keynote speakers Len Komoroski, Cleveland Cavaliers and Quicken Loans Arena CEO, and Thomas E. Perez, United States Secretary of Labor for its 2016 Industry Leaders Summit.
Russell Wilson and Neiman Marcus Partner for Menswear Brand
Good Man Brand, a menswear collection, is set to launch in August at Neiman Marcus in five stores and online.
Gildan Activewear to Acquire Peds Legwear for $55M
Gildan Activewear Inc. signed a definitive agreement to acquire Peds Legwear Inc. for $55 million, officials announced July 27.
David Labbe Begins Tenure as Chairman of NSGA Board
The National Sporting Goods Association’s Board of Directors recently announced David Labbe as their Chairman for the next two years.
Garmin Fitness and Outdoor Accelerate in Q2
Garmin Ltd. reported double-digit growth at its Fitness and Outdoor segments in the second quarter that enabled it to blow past Wall Street estimates and raise guidance
Puma’s Q2 Sales Gain Momentum
Puma reported sales jumped 13 percent on a currency-neutral basis, led by the EMEA region with Americas sales ahead 5 percent. Operating earnings grew 75 percent, thanks to the sales improvement and lower operating expense rate.
Boot Barn’s Profits Tumble
Boot Barn Holdings Inc. reported earnings plunged 74 percent in its first quarter ended June 25.
Wolverine Brand Launches Project Bootstrap 2016
Wolverine Brand launched their second annual Project Bootstrap and is now taking nominations from consumers to have their construction site crashed. This campaign aims to thank those that are building the American future
NRF Raises Retail Sales Forecast for 2016
The National Retail Federation revised its forecast for U.S. retail sales growth to 3.4 percent in anticipation consumer spending will remain steady.
Dick’s Sporting Goods Announces Grand Opening in Minnesota
Dick’s Sporting Goods will be opening its 10th store in Minnesota and 653rd store nationwide on Friday, August 12 at Marketplace Shopping Center in Waite Park.
Dick’s Sporting Goods Announces Grand Opening in Wisconsin
Dick’s Sporting Goods announced on July 26, 2016 that it will be opening its 13th store in Wisconsin and 652nd store nationwide on Friday, August 12 in Wausau, WI.
Under Armour to Sell to Kohl’s
Under Armour revealed plans to start selling to Kohl’s starting in 2017 as well as open a mega-store in the famed FAO Schwarz flagship on New York City’s Fifth Avenue as early as 2018.
Ibex Partners with The Renewal Workshop
Ibex Outdoor Clothing announced themselves as a founding brand partner of The Renewal Workshop to refurbish Ibex’s “unsellable” returns and excess inventory, beginning in fall 2016.
Shawn Johnson Speaks Out Against Sexist Sports Reporting
Gymnast Shawn Johnson partnered with Dove’s #MyBeautyMySay campaign to deliver a message about sexism in sports reporting.
