Port Washington, NY–This time of year, you’d think it would be snow boots on everyone’s holiday wish list. Instead, more … [Read more...]
Athletic
Nike Q2 Profit Stumbles, But Still Beats Estimates
Beaverton, OR—Despite sagging sales in Greater China that resulted in an 18% drop in its second quarter profit, Nike’s … [Read more...]
Oregon Eases the Way for Nike Expansion
Beaverton, OR—In a strong showing of bipartisan support, the Oregon Legislature approved last week a bill that could see Nike … [Read more...]
Lululemon Q3 Profit, Sales Jump, But Predicts Q4 Sales Slowdown
Vancouver—Lululemon Athletica Inc. today reported a better-than-expected 47% jump in its third quarter profits, but despite … [Read more...]
Zumiez Q3 Profit Slides; Q4 Forecast Misses Estimates
Lynwood, WA—Hit by charges and lower sales at its Blue Tomato acquisition in Europe, Zumiez reported Thursday that its third … [Read more...]
Intersport to Acquire 100% of The Athlete’s Foot
Atlanta—Intersport International Corp. (IIC) confirmed Tuesday that it indeed has agreed to buy the entire The Athlete's Foot … [Read more...]
Finish Line, Macy’s Strike Athletic Footwear Partnership
Indianapolis—Athletic footwear retailer The Finish Line has ended the week on an upbeat note this Friday. The 638+ unit retailer … [Read more...]
Nike Q1 Profit Stumbles 12%, Pace of Future Orders Slows
Beaverton, OR—Nike Thursday reported a 12% stumble in its first quarter net income despite accelerating sales, but still managed … [Read more...]
German Court Blocks Adidas in Battle with Nike over New Knit Shoes
Beaverton, OR—Nike is claiming victory in a first round battle with athletic footwear rival Adidas over recently introduced … [Read more...]
Lululemon Athletica Q2 Profit Jumps 50%
Vancouver--Lululemon Athletica Inc. said Friday that its second quarter net income jumped by nearly 50%, bolstered by higher sales … [Read more...]
Item of the Day
So you weren’t among the 46 on Team USA who earned a gold medal in the just-ended London Olympics? Or one of the 29 silver … [Read more...]
NPD: “The Olympic Effect” on Footwear Sales?
Port Washington, NY—As Americans rush home from work to see their latest favorites—like Aly Raisman who won a gold medal in … [Read more...]
