Retail: 63
-36.91%
Retail: 95
-4.82%
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Monday, August 21, 2017
Volume 1, Issue No. 32

VF Will Chase B2B, B2C with Williamson-Dickie

Photo Credit: www.dickies.com

The intent marks an entirely new distribution strategy for the North Face, Vans and Timberland parent, which will leverage its $820 million, all-cash price for the acquisition of the parent of the Dickies, Workrite, Kodiak, Terra and Walls brands with a head-to-toe approach in B2B and B2C channels. The growth emphasis will be on digital and international with the deal also allowing VFC to enter the services and healthcare segments. “Workwear is very interesting to us,” Steve Rendle, VFC CEO told analysts early last week.” Read more...

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Numbers In Play
Week of 8/10-8/17
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.
Index base of 100 is key to the closing prices of 12/31/14
Retail
The “Dog Days” of August were not kind to retail in the midst of a promotional, unexciting Back-to-School season. With the exception of Shoe Carnival, which landed an “outperform” rating from Wedbush,14 out of 15 stocks posted declines for the week. The result pushed the Index to its lowest number ever. Of course, a portion of the declines, including double-digit drops by five stocks, could be attributed to the atrocious geopolitical climate domestically and abroad with acts of violence in Virginia and Spain and another senior staffer exodus from the White House. The Dow and S&P suffered their worst percentage declines in more than two months on Aug. 17. Camping World, preparing for an eventual 40-57 Gander Outdoors openings, has seen its shares rise more than 21 percent over the last three months. Sportsman’s Warehouse reported eight of its nine percent comparable store sales drop in the second quarter was due to hunting and shooting department. Dick’s, despite a tough second quarter that resulted in a single-day share decline of 23 percent and three downgrades by investment houses, showed its continued commitment to the industry by donating $500,000 to Little League Baseball. Hibbett Sports is vowing to be “more selective” with expansion in 2018 after ending the second quarter with 1,080 locations.
Brands
Segment fell less than 1 percent as a whole, but there were only four gainers for the week. They were led by VF Corp., which announced its $820 million acquisition of Williamson-Dickie (See story above). Callaway, which has reportedly increased its green grass market share in balls to 14 percent from 7.9 percent in 2013 on the strength of its Chrome Soft line, is expanding its golf ball manufacturing facility in Chicopee, MA. The 32,000-square-foot expansion will cost an estimated $9 million. Rival Acushnet Holdings, meanwhile, files a countersuit against Costco and its March lawsuit, citing 10 patent infringements and false advertising by the warehouse club giant with its Kirkland golf ball. Time is ticking for Fitbit. Future of wearables company may hinge on the success of its upcoming, full-featured smartwatch given the brand’s legacy product sales will drop approximately 20 percent in 2018, according to Raymond James. Under Armour CEO Kevin Plank resigns from a President Trump manufacturing council days before other senior executives resign and the board is disbanded along with two others. But UA continues to take heat over its decision to sell Kohl’s, yet another issue Frisk will have to figure out in his attempt to turn around the brand’s fortunes with product, Wall Street and retailers.

RETAIL: 63

36.91%

BRANDS: 95

4.82%

Retail Name (Ticker Symbol)
Close on 08/10/17
Close on 08/17/17
% change over time
Big 5 Sporting Goods (BGFV)
BGFV
$9.10
$7.65
-15.93%
Cabela's (CAB)
CAB
$53.84
$52.52
-2.45%
Camping World (CWH)
CWH
$31.47
$34.83
+10.68%
Dick's Sporting Goods (DKS)
DKA
$33.81
$27.74
-17.95%
Finish Line (FINL)
FINL
$13.33
$11.99
-10.05%
Foot Locker (FL)
FL
$49.09
$47.71
-2.81%
Genesco (GCO)
GCO
$28.45
$26.00
-8.61%
Hibbett Sports (HIBB)
HIBB
$13.55
$11.50
-15.13%
Kohl’s (KSS)
KSS
$39.50
$37.12
-6.03%
Macy’s (M)
M
$20.67
$19.65
-4.93%
Sportsman’s Warehouse (SPWH)
SPWH
$4.14
$3.46
-16.43%
Shoe Carnival (SCVL)
SCVL
$16.73
$16.86
+0.78%
Tilly’s (TLYS)
TLYS
$9.68
$8.74
-9.71%
Walmart (WMT)
WMT
$80.66
$79.70
-1.19%
Zumiez (ZUMZ)
ZUMZ
$12.15
$12.00
-1.23%
Brand Name (Ticker Symbol)
Close on 08/10/17
Close on 08/17/17
% change over time
Acushnet Holdings (GOLF)
GOLF
$17.04
$16.02
-5.99%
adidas (ADDYY)
ADDYY
$112.05
$111.71
-0.30%
Amer Sports (AGPDY)
AGPDY
$27.81
$27.96
+0.54%
Callaway (ELY)
ELY
$12.77
$12.99
+1.72%
Columbia Sportwear (COLM)
COLM
$58.11
$57.63
-0.83%
Deckers Brands (DECK)
DECK
$63.85
$63.45
-0.56%
Fitbit (FIT)
FIT
$5.64
$5.27
-6.56%
GoPro (GPRO)
GPRO
$9.78
$9.32
-4.70%
lululemon (LULU)
LULU
$60.25
$58.96
-2.14%
Nautilus (NLS)
NLS
$17.15
$16.58
-3.32%
Nike (NKE)
NKE
$59.07
$57.49
-2.67%
Skechers (SKX)
SKX
$28.61
$27.38
-4.30%
Under Armour (UA)
UA
$16.82
$16.29
-3.15%
VF Corp. (VFC)
VFC
$61.24
$63.09
+3.02%
Wolverine Worldwide (WWW)
WWW
$25.94
$26.16
+0.85%

Sports Insight Extra Podcast Series

Emily Walzer

Formula4Media colleagues Emily Walzer, Textile Insight editor, Jennifer Beaudry-Ernst, footwear specialist, and contributor Kurt Gray, owner of SimplyGrayDesign, dish on key trends from the final Outdoor Retailer trade show in Salt Lake City.

Judith A. Russell

Shifting consumer purchasing patterns are vital to understanding today’s marketplace. Russell, a marketing and strategic planning professional, offered up her thoughts at TexWorld in New York on a panel with Sports Insight Extra’s Bob McGee.

Will Decker

Family-owned Silicon Valley firm Plug and Play, which dubs itself the “Ultimate Startup Ecosystem,” has raised over $6 billion in venture funding during its 11 years while bringing corporations, venture capitalists and start-ups together.

Matthew Lyon

In the fragmented hydration market, where price points for performance products are on the rise, HydraPak is an OE supplier to numerous brands and has its own lightweight, flexible products.

Eric Hayes

Superfeet Celebrates 40th Anniversary. The employee-owned company introduces footwear and rolls out a 3D printed insole program.

Shawn Neville

BOA introduces New Tech and Names New CEO. Nothing will constrict Boa Technology CEO Shawn Neville from helping the Denver company improve its customized fit solution.

Waingarten and Frydlewski

No strings attached. The married Argentinean couple has raised nearly $20 million for Hickies, a Brooklyn company addressing how athletic shoes are closed around the foot two eyelets at a time.

Michelle Carmichael

The Co-founder and Managing Partner of Partners Growth, which brings premium brands into the U.S. market, talks Finnish children’s wear brand Reima. 

Brian Beckstead

Six-year old Altra is teaming with Utah State University to develop outdoor design talent.

Declan Condron

Let's Go Hyperwear: Former Equinox personal trainer merges the innovative, functional fitness gear from Austin, TX company with programming for schools, camps and institutions.

Hugues Gontier

Sly and Simple. BlueFox.io and its technology enable a retailer to interact with customers in store and track traffic. No beacon required. The CMO explains the benefits of the platform.

Reza Raji

The CEO of Xenio Systems talks about the company’s new platform that tracks where shoppers spend time in physical stores and its patented hyper-positioning technology.

Jacob Torres Espino

The director of export promotion for Mexico’s Guanajuato State government agency addresses the proposed impact of the Border Adjustment Tax by the U.S. and the possibility of a renegotiated NAFTA free trade agreement.

Isabelle Ohnemus

The founder and CEO of EyeFitU, a former investment banker, talks ‘glocal’ assortments, shoppers’ personal sizing and global web payment options.

Tom Cove #2

The president and CEO of the SFIA addresses the most serious threat the industry has faced in the past half-century and the expected re-introduction of the PHIT Act by Congress.

Matteo Scarparo

The Italian global trade expert in footwear talks about the present and future of TheMicam trade show and the potential impact of a Border Adjustment Tax in the U.S. on imported shoes.

Dr. James Eakin

Dr. James Eakin, chief marketing officer and director of U.S. operations for Xenoma, discusses the Japan company’s e-skin shirt and entire wearable category.

Rusty Saunders

Industry senior statesman Rusty Saunders dishes on industry leadership, pressing issues and the inactivity pandemic.

Barbara Barclay

Expert Barbara Barclay, president of RightEye, talks eye-tracking technology and her company’s recent alliance with Major League Baseball and USA Baseball.

Julie Sylvester

Julie Sylvester, Executive Producer at Living in Digital Times, talks trends likely to emerge at Sports and FitnessTech Summit at CES in Las Vegas.

Chris Palmer

Chris Palmer, Founder and CEO of BoxFox, talks excess inventory and solutions for vendors, retailers and distributors.

Susie McCabe

Susie McCabe, SVP of global retail for Under Armour who previously spent 16 years at The Ralph Lauren Corp., dishes on UA’s retail strategy and new Brand House in Boston.

Tom Cove

On the eve of Election Day, we talk to three leading industry lobbyists on how the results may impact trade in the sporting goods, outdoor and apparel and footwear industries.

Rich Harper

On the eve of Election Day, we talk to three leading industry lobbyists on how the results may impact trade in the sporting goods, outdoor and apparel and footwear industries.

Stephen Lamar

On the eve of Election Day, we talk to three leading industry lobbyists on how the results may impact trade in the sporting goods, outdoor and apparel and footwear industries.

Bill McInnis

The president of Reebok Future discusses the intent of the unit and the brand’s plans to develop footwear in a new way.

Tom Fowler

Polar USA CEO Tom Fowler talks technology and the future of smart wearables.

Paul Schille

TREW CEO Paul Schille dishes on the eight-year old company in the process of completing its Series A round of funding and his dual career.

Jason Kaplan

Milestone Sports CEO Jason Kaplan dishes on the company’s low-cost, wearable pod and how it will help specialty retailers connect.

Duncan Finigan

OOFOS marketing executive talks about the recovery footwear brand and candidly about her courageous personal health journey.

Matt Priest

Footwear Distributors and Retailers of America President Matt Priest the likelihood of the Trans-Pacific Partnership being passed soon.

David and Josh Higgins

ING Source executives dish about compression technology and the Hickory, NC company’s breakthrough OS1st Brace Layer System.

Charles Liberge

Jones & Vining’s Charles Liberge addresses strategies and directions for the iconic brand.

Jim Baugh

PHIT America’s Jim Baugh dishes on the inactivity pandemic.

Sue Dooley and John Daher

Rockport Group senior executives talk about the brand’s fresh start under new ownership that has a major emphasis on versatility.

Josh Shaw

Mission Athletecare CEO Josh Shaw says thermoregulation is the New York company’s singular focus.

Tim Porth

Tim Porth of Octane Fitness talks trends, Zero Runner and the company’s January acquisition by Nautilus Inc.

David Costello

The principal and founder of Rising Tide Associates talks about industry advocate lobbying for the domestic textile and footwear industries.

Steven D’Angelo

The ‘47 brand executive dishes on the Boston company and long-time MLB licensee founded by his father Arthur and his late Uncle Henry.

Pam Gelsomini and CB Tuite

Pam Gelsomini, president, and CB Tuite, VP–sales, discuss the company’s products, partnerships and what’s new for the season ahead.

Kenneth G. Andres

The tradeshowdirector for the American Sportfishing Association casts comments on the activity’s popularity, and trends in fishing.

Dick Sullivan

The principal and founder of Rising Tide Associates talks about industry advocate lobbying for the domestic textile.

Dave Coradini

The VP of sales and sponsorships for Spalding, Dave Coradini talks Shot Tracker and basketball.

Scott McGuire

The executive brand and product innovation leader dishes to F4M’s Emily Walzer on an array of topics.

Kelly Davis

Snow Sports Industries of America’s Kelly Davis talks weather, participation trends and how to handle the psyche.

Kevin Davis

The CEO of Performance Sports Group dishes on new bat standards and Own the Moment.

Gene McCarthy, Pt 2

Gene McCarthy, president of Asics America, speaks to Jen Ernst Beaudry on specialty run and more in the second part of the podcast.

Gene McCarthy, Pt 1

Gene McCarthy, new president of Asics Americas, dishes to F4M’s Jen Ernst Beaudry in the first of a two-part podcast.

Richie Woodworth

Saucony’s Richie Woodworth offers his views on brand’s running business and what it takes to manage through change.

Bruce Cazenave

Bruce Cazenave, CEO of Nautilus Inc., recently ranked 23rd on Fortune’s “Fastest Growing Companies” list.

Tony Armand

Armand is leading USB, created after the April merger of Shock Doctor and McDavid.

Gary Smith

Gary Smith has been at the helm of the Lawrence, MA firm for three years, and his 2016 strategies will broaden Polartec’s scope.

Marty Hanaka

City Sports CEO Marty Hanaka has 42 years in retail, starting at Sears in 1973.

Mike Dowse

Wilson Sporting Goods, one year removed from its 100th anniversary and a major restructuring, has a renewed focus and strategy.