The Dick’s Sporting Goods Foundation’s Sports Matter program announced a five-year, $500,000 commitment to Little League Baseball and Softball, in support of its local districts and leagues across the country. The Foundation supports the philanthropic work of Dick’s Sporting Goods. The funds will help provide facility...
Skechers signed Tony Romo, the recently retired Dallas Cowboys quarterback, as a brand ambassador. Romo will be wearing Skechers men’s footwear in a multi-platform global marketing campaign set to launch later this year. “After 14 years on the field with the Cowboys, it was time to hang...
Dick’s Sporting Goods, Inc. reported net sales for the second quarter of 2017 increased 9.6 percent to approximately $2.2 billion. Consolidated same-store sales increased 0.1 percent, compared to the retailer’s guidance of an approximate 2 percent to 3 percent increase. Second quarter 2016 consolidated same-store...
Under Armour Founder and CEO Kevin Plank joined the chief executives of Intel Corp and Merck & Co Inc. and resigned from Donald Trump’s American Manufacturing Council on Monday, following Trump’s weak response to the weekend violence at a rally of white supremacists in Charlottesville, VA. After...
VF Corporation, parent company to iconic brands Wrangler, The North Face, Vans, Timberland, Jansport, and Williamson-Dickie Mfg. Co., parent company to the Dickies, Walls, Terra and Kodiak brands, have signed a definitive merger agreement. The transaction is expected to be completed early in the fourth quarter...
Payless ShoeSource announced that it has successfully emerged from its Chapter 11 restructuring with substantial liquidity after eliminating in excess of $435 million in funded debt. The company said it remains the number one specialty footwear retailer in the U.S. and one of the largest in the...
Walmart, Inc. net sales rose 2.1 percent to $123.36 billion in the fiscal second quarter ended July 29. Currency-neutral sales grew 2.9 percent. Wall Street analysts were expecting $123.15 billion in sales. U.S. comparable store sales climbed 1.8 percent, exceeding the 1.7 percent growth expected by the street....
Urban Outfitters, Inc. reported total company net sales for the second quarter of fiscal 2018 were $873 million, a 2 percent decrease as compared to the same quarter last year. Comparable Retail segment net sales, which include the comparable direct-to-consumer channel, decreased 4.9 percent. By...
Target Corporation reported that second quarter sales increased 1.6 percent to $16.4 billion from $16.2 billion in Q2 last year, reflecting a 1.3 percent comparable sales increase combined with the benefit from sales in non-mature stores. Comparable digital channel sales grew 32 percent and contributed...
Wolverine Worldwide has appointed Stewart Whitney as Vice President and Managing Director – Asia Pacific. Stewart will report directly to the International Group President, Nick Ottenwess. As part of the WOLVERINE WAY FORWARD – the company’s holistic transformation effort focused on enhancing near-term and long-term performance...