Retail: 62
6.99%
Retail: 199
2.29%
Monday, June 10, 2019
Volume 3, Issue No. 23

Trade
One Tariff Crisis Is Averted. What’s Next?

After nearly two weeks of relentless pressure from not only lawmakers on both sides of the aisle, but also business executives, trade groups and global leaders, Pres. Trump’s threatened tariffs on Mexican imports that were slated to start at 5 percent July 1 and escalate monthly through October have been abandoned. (Read More)

RIA KICK SHOW
New Running Summit Sparks Greater Focus on Crucial Segment

In a no-frills, get-down-to-business event that some attendees said had similarities to the Grassroots Outdoor Alliance Connect Show for outdoor specialty retailers, 24 key running brands and 65 to 70 key U.S. running shop owners and staff convened in Denver last week... (Read More)

Podcast
Running Executives, Retailers from the Running Industry Association KICK Show

Catching up with RIA Executive Director Terry Schalow, Nike’s Scott Gravatt, 361’s Ike Avalear, New Balance’s Tom Carleo, Altra’s Todd Dalhausser and Big Peach Running Co. owner Mike Cosentino.

Team Insight
Riddell Wins $5 Million Helmet Patent Suit Against Schutt Sports

As if the football helmet business didn’t have enough challenges in making money and keeping players safe, a jury recently awarded a major win to Riddell over rival Schutt Sports for patent infringement. (Read More)

Quotable

“We are already faster than most of our competitors due to our decision over three years ago to shut down our ecommerce fulfillment center and deliver all digital orders out of our stores. Not only did this concept of localized fulfillment mean we now have only one cost structure to leverage…we can now get product into customers’ hands faster by reducing the order processing time, cutting down the shipping distance to the customer and also offering in-store pick-up.”
— Rick Brooks, CEO of Zumiez

Retail
Famous Footwear Stumbles; Zumiez Sees Gains from Footwear, Hard Goods

Caleres-owned Famous Footwear is continuing to actively shed inventory in Q2 after reporting a 1 percent comparable sales decline and overall 3.1 percent revenue drop to $352.2 million on 28 fewer doors in Q1. (Read More)

Obituary
OOFOS’ Duncan Finigan

The footwear industry veteran and forever optimist lost her four-year battle with breast cancer on May 26. She was 59. (Read More)

What’s Hot, What’s New?

Mizuno introduces the latest iteration of its technical swimsuit, the GX-Sonic IV—in time for the summer competition season—featuring a new Sonic Light Ribtex II fabric and Sonic Line Design X taping structure to help lift the lower body. (Read More)

The Buzz: Garmont, Peleton, Puma NA

Shock Doctor is teaming with new Cleveland Brown Odell Beckham Jr. to launch the new Interchange Lip Guard, which gives athletes the ability to quickly and easily change out of their shields and offers a variety of looks. (Read More)

Tubes of the Week

Mon, Aug 28, 2017
Vol 1, Issue No. 33
Numbers In Play
The Sports Insight Index is our opinion of what we think are the 30 most important public companies in the industry, 15 vendors and 15 retailers. Space considerations prevent us from tracking more, but we will make changes over time.
Retail
Against the backdrop of looming tariffs, slower monthly job growth and a possible interest rate cut by the Federal Reserve next month, the segment lost nearly 7 percent for the week with the two British entrants—Sports Direct and JD Fashion—the biggest decliners. Sports Direct was reportedly set to increase its stake in Game Digital, a U.K. gaming retailer, by 40 percent. Walmart has added a “fast lane” in its Canadian doors that enables customers to skip cashiers and registers at checkout by using the retailer’s mobile app. Feature may be added to future WMT stores. Zumiez realized a category shift in Q1 with footwear and hardgoods leading comparable sales trends and men’s and women’s apparel showing softer results. Kohl’s will begin accepting Amazon returns in its stores next month, likely hoping to spark traffic ahead of the Back-To-School season.
Brands
Segment trails the Dow over the period despite rising nearly 2.3 percent with 12 stocks up and three down. The Dow gained more than 674 points, or 2.69 percent. Nike snares Kohl’s senior technology executive Ratnakar Lavu as its first global chief digital information officer. Also, company may be considering closing some of its underperforming factory stores, according to Macquarie. Deckers says it added more than two million customers globally online for its brands in FY19. Also, DECK’s Koolaburra brand is projected to deliver topline growth north of 40 percent this FY through continued domestic wholesale expansion in the family value channel. Adidas is releasing its first Upcycled golf shoe, The TOUR360 XT Parley, for the U.S. Open following recently introduced Parley products in footwear and apparel. Shoe hits select retailers on June 12. Skechers senior executives, including President Michael Greenberg, rang the NYSE opening bell last week to celebrate the company’s 20 years as a public company. VF Corp. opens a new ‘green’ HQ building in London and licenses rights to its Vans brand in India to Cravetex Brands, which intends to open 50 Vans retail banners in India over the next five years. Under Armour inks a multi-year, all university team outfitter contract with Lamar University in Beaumont, TX starting July 1.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 05/30/19 • 06/06/19

Big 5 Sporting Goods
(BGFV)

0.48%

$2.07 • $2.08

Sports Direct
LON: SPD

9.73%

$365.53 • $329.98

Camping World
CWH

12.99%

$10.70 • $12.09

Dick's Sporting Goods
DKS

4.35%

$34.25 • $35.74

JD Fashion
jD

9.41%

$779.00 • $705.72

Foot Locker
FL

0.20%

$40.76 • $43.50

Genesco
GCO

8.05%

$40.26 • $40.84

Hibbett Sports
HIBB

4.77%

$22.64 • $21.56

Kohl’s
KSS

4.59%

$50.28 • $47.97

Macy’s
M

1.30%

$20.75 • $20.48

Sportsman’s Warehouse
SPWH

6.99%

$3.86 • $3.59

Shoe Carnival
SCVL

6.35%

$26.62 • $24.93

Tilly’s
TLYS

3.13%

$8.32 • $8.06

Walmart
WMT

2.86%

$102.19 • $105.11

Zumiez
ZUMZ

5.99%

$19.86 • $18.67

TOTAL
WEEK OVER WEEK

6.99%

$1,527.09 - $1,420.32

Brand Name
(Ticker Symbol)

% Change over week
Price 05/30/19 • 06/06/19

Acushnet Holdings
GOLF

1.95%

$24.08 • $24.55

adidas
addyy

2.31%

$144.19 • $147.52

Callaway
ELY

3.99%

$14.79 • $15.38

Columbia Sportwear
COLM

2.09%

$93.76 • $95.72

Deckers Brands
DECK

2.57%

$151.73 • $155.63

GoPro
GPRO

7.92%

$6.44 • $5.93

lululemon
LULU

3.99%

$163.85 • $170.38

Nautilus
NLS

9.71%

$2.78 • $2.51

Nike
NKE

4.02%

$79.26 • $82.45

Puma
PUMA

1.75%

$593.50 • $603.90

Skechers
SKX

7.18%

$28.00 • $30.01

Under Armour
UA

10.23%

$20.44 • $22.53

VF Corp.
VFC

2.09%

$82.73 • $84.46

Wolverine Worldwide
WWW

0.14%

$28.28 • $28.32

Yeti
‍‍YETI

7.84%

$25.78 • $23.76

TOTAL
WEEK OVER WEEK

2.29%

$1,459.61 - $1,493.05

RETAIL: 62

41.55%

BRANDS: 199

99.25%

Index base of 100 is key to the closing prices of 12/31/14

Sports Insight Extra Podcast Series