Dick’s Sporting Goods reported fourth-quarter earnings topped Wall Street’s expectations as same-store sales rose 5.3 percent. The retailer also announced it was removing the hunt category from another 440 stores....
A survey of nearly 170 firms by the American Chamber of Commerce in China, or AmCham China, found nearly one-third of U.S. firms with exposure to China are facing increased costs and significantly reduced revenue due to the coronavirus outbreak. Nearly half of U.S. companies in...
Groundwork Endurance has announced its partnership with Skechers for the 35th annual Carlsbad 5000 presented by National University. The global footwear company will serve as official footwear partner as well as title sponsor of the Skechers Performance Elite Invitational, the event’s iconic professional races, set to...
Nike has temporarily closed its London headquarters in Soho as cases of coronavirus spreads in the U.K. Another Nike office at Doxford Park near Sunderland was also temporarily closed. According to the London Evening Standard, the Soho offices were closed on Tuesday but are expected to...
Dick’s Sporting Goods will be expanding its nationwide footprint with the opening of two Dick’s Sporting Goods stores and two Golf Galaxy stores, in March. Stores to open include: Dick’s Sporting Goods, Hamilton Place, Chattanooga, TN Dick’s Sporting Goods, Valley Mall, Hagerstown, MD Golf Galaxy, Warwick...
Ross Stores Inc. reported earnings per share for the 13 weeks ended February 1, 2020, grew 7 percent to $1.28 on net income of $456 million. Sales for the fourth quarter of 2019 were $4.4 billion, with comparable-store sales up 4 percent on top of...
The Footwear Distributors & Retailers of America (FDRA), America’s largest and most respected footwear trade association representing 90 percent of the entire industry, applauded the introduction of bipartisan legislation in Congress to combat the surge of counterfeits sold through e-commerce platforms. The Stopping Harmful Offers...
Vans has promoted David Tichiaz to general manager of Vans Americas, the brand’s parent company, VF Corp., confirmed to SGB Media on Tuesday. Tichiaz replaces Mitch Whitaker, who was appointed to the newly created role of vice president and managing director, VF Japan. Tichiaz formerly was vice...
According to a survey from Coresight Research, nearly three-quarters of U.S. consumers would stay away from malls or shopping centers if the coronavirus outbreak worsens in the U.S. Some 58 percent of consumers surveyed this week said they will likely avoid public spaces overall or travel...
Nike closed its Oregon headquarters over the weekend and is closing its European headquarters in Amsterdam on Monday and Tuesday for deep cleaning in response to the coronavirus outbreak. Columbia Sportswear, also over the weekend, thoroughly disinfected its offices in Portland, OR. The move to sanitize Nike’s...