SGB Update Sports & Fitness
Adidas Recharges With Reigning Champ Collab
That’s right. This is the first collection in which Reigning Champ created products for women.
Zalando Raises 2016 Forecast After Q3 Profit
The German fashion e-tail giant increased its full-year adjusted EBIT margin guidance to 5 to 6 percent after seeing revenues rise 17.1 percent in the third quarter.
Nike Taps NYC Artist And Parks & Rec Department
Nike’s New York Made: Stanton Street Courts by Kaws blend culture, sports and art.
Under Armour To Sponsor College Basketball Doubleheader
The inaugural Under Armour Reunion features four members of the Under Armour collegiate roster – Auburn vs. Boston College and Seton Hall vs. South Carolina – and will take place on Monday, December 12, on FS1.
Skechers Transitions South Korean Business
Skechers, a global leader in lifestyle and performance footwear, is transitioning its business in South Korea from a third-party distributor to a new joint venture with Luen Thai Enterprises.
Vista Outdoor’s Q3 Earnings Surge
Vista Outdoor Inc. reported earnings vaulted 121 percent to $73.2 million, or $1.22 a share, topping Wall Street estimates. Revenues advanced 24 percent.
Sport Chek’s Q3 Comps Grow 7.7 Percent
Canadian Tire Corp. reported same-store sales at its FGL Sports segment were up 6.2 percent in the third quarter. Same-store sales at Sport Chek increased 7.7 percent.
Puma Lifts Guidance After Robust Q3
Net earnings nearly doubled in the third quarter. Sales grew 10.7 percent on a currency-neutral basis, led by gains of 12.2 percent in the Americas region and 11.9 percent in the EMEA.
NRF: Retailers Ready To Work With New President
National Retail Federation President and CEO Matthew Shay congratulated the winners of Tuesday’s federal elections and pledged to work with President-elect Donald Trump and the new Congress on a pro-growth, pro-jobs agenda.
Nike To Open Mega-Store In Lower Manhattan
The five-story 55,000-square-foot location in New York City’s Soho neighborhood is designed to “deliver the best of Nike’s personalized services,” including exclusive trial spaces, product customization and access to digital platforms.
Adidas Launches Soccer Boot App
Adidas introduced a new concept of football shoes sold through an exclusive platform: the Adidas Glitch app.
Vapur Adds Sales Reps Across U.S.
The flexible water bottle manufacturer added new representation to seven key markets in the U.S. – Mid Atlantic and New England, Southern California, South and Southeastern U.S., Pacific Northwest and Hawaii.
Planet Fitness Donates Member Fees To Anti-Bullying Causes
Each $10 donation will help combat the judgement and bullying faced by teens through the funding of programming, training and resources.
GolfTec Reels From Golfsmith Closings, Opens Stand-Alone Centers
GolfTec, a provider of golf lessons and club fittings, will move forward with plans to open multiple stand-alone improvement centers before the end of 2016, and more than 20 new openings in major markets throughout the first half of 2017.
