Retail: 62
1.58%
Retail: 184
0.09%
Monday, July 15, 2019
Volume 3, Issue No. 28

Acushnet Holdings Acquires KJUS to Beef Up Apparel Biz

Acushnet Holdings, the parent of the Titleist and FootJoy brands, has purchased KJUS, a premium Swiss ski and golfwear brand founded two decades ago. The label is named after Co-Founder Lasse Kjus, a five-time medalist in the 1999 World Ski Championships. (Read More)

Retail Report
Personalized Email Marketing on Rise

Retail investment in personalized email content is projected to rise 40 percent in 2019, and 45 percent of retailers will spend to expand their mobile marketing efforts to include push and in-app notifications, according to a new report from Cordial.com. (Read More)

Execs On The Move
New CEOs Named at Life Fitness, Nautilus

Chris Clawson, the recent chairman of the Sports and Fitness Industry Association who has spent nearly 17 years of his career working for Life Fitness, has returned to the company as CEO. (Read More)

PHIT Act Gains New Traction in U.S. House

Reps. Ron Kind (D-WI) and Mike Kelly (R-PA), lead sponsors of the Personal Health Investment Today (PHIT) Act recently sent letters to all members of the House seeking additional support for the bill, which has been lobbied for extensively by the Sports & Fitness Industry Association (SFIA) in recent years. (Read More)

What’s Hot, What’s New?

Deckers Brands-owned Teva releases a collection of kids and toddler sandals tied to its collaboration with the 50th anniversary of The Very Hungry Caterpillar by Eric Carle. (Read More)

Obituary
Athletic Shoe Pioneer Jerry Turner

The U.S. veteran who made an indelible mark on the athletic footwear business during a 60-year career died July 9. He was 84. Less than two years ago, Turner emerged from retirement with Turner Footwear, some six years after selling his Irvine, CA-based American Sporting Goods to the former Brown Shoe. Co. (now Caleres). (Read More)

The Buzz: Amer Sports, Hydro Flask, Xenoma

Hydro Flask, owned by publicly traded Helen of Troy, recently shifted its direct-to-consumer operation from a third party to its own distribution center, and is currently moving its customization and retail distribution operations in-house to improve costs, quality and speed. (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
With both Amazon Prime Day (July 15-16) and a likely Federal Reserve interest rate cut looming, segment is unable to secure any traction coming out of the 4th of July holiday. Eleven retail stocks fell, led by biggest decliners in Camping World and Zumiez, and four rose, paced by Hibbett Sports and Sportsman’s Warehouse. The latter, SPWH, inks a deal with Alliance Data for loyalty club Visa credit card that will launch in October. Macy’s received an assist from Dick’s Sporting Goods for its latest Outdoor Story shop featuring apparel and hard goods from DKS’ private brands, Alpine Design and Field & Stream, that will be open at 36 Macy’s locations, including Newport Beach, CA and Herald Square in New York City until September. Sports Direct now holds more than 20 percent of its more than 533.7 million shares after buying back 53,436 units from a single investor. Earlier today, SPD share dipped more than 15 percent on the London Exchange after the parent of Bob’s Stores and Eastern Mtn. Sports had to delay publication of its results until sometime between July 26 and Aug. 23. Zumiez shares were up 32 percent year-to-date through late June, but on July 5 the stock was downgraded to “sell” by ValueEngine. Meanwhile, Barron’s reports that Foot Locker should benefit from Nike’s strong Q4 revenue growth and an expected rebound in The Swoosh’s Jordan business. Walmart, whose shares rose more than 1.7 percent for the period to a 52-week high, is offering in-store pick-up of online orders at 2,450 doors and same-delivery at 1,000 stores presently.
Brands
Segment was essentially flat for the period compared to a 0.8 percent for the Dow, which exceeding its growth for the week on the final day as it passed the 27,000-mark. Nine stocks rose, led on a percentage basis by Yeti. The cooler brand has filed its latest federal trademark suit against Minnesota-based Voyage Industries, Inc., doing business as Yetti Outdoors. Acushnet strengthens its play in apparel with its acquisition of KJUS (see story), likely giving the Titleist and FootJoy parent more distribution leverage in specialty shops worldwide for its apparel offerings. Ahead of Prime Day, which could exceed $5 billion in sales for Amazon according to one Street estimate, there was a single day sneaker sale on the site that offered discounts of up to 50 percent to Prime members on Classics such as Reebok Princess, Puma Smash V2 and K-Swiss women’s Class VN. Nautilus has a new CEO, effective July 29 (see story), but announcement was unable to prevent further price erosion for the stock over the period. Skechers’ elite athlete Brooke Henderson won an ESPY for ‘Best Female Golfer’ and Lululemon swung open the doors to its new 20,000-sq.-ft. experiential store on Chicago’s North Avenue that features workout and meditation space and a Fuel Space café. If results are solid, LULU may look to convert at least 10 percent of its 400 worldwide doors to the format. Lifestyle brand Mack Weldon (not on Index), which has broadened its product line from men’s basic apparel to sweats, polos activewear and swimwear, secured an equity investment from North Castle Partners last week.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 06/27/19 • 07/05/19

Big 5 Sporting Goods
(BGFV)

2.01%

$1.99 • $1.95

Sports Direct
LON: SPD

2.42%

$330.12 • $322.14

Camping World
CWH

5.88%

$12.24 • $11.52

Dick's Sporting Goods
DKS

2.04%

$36.74 • $35.99

JD Fashion
jD

1.70%

$779.06 • $765.78

Foot Locker
FL

1.90%

$42.06 • $41.26

Genesco
GCO

0.85%

$42.59 • $42.23

Hibbett Sports
HIBB

5.49%

$18.75 • $19.78

Kohl’s
KSS

0.31%

$48.28 • $48.13

Macy’s
M

1.43%

$21.70 • $21.39

Sportsman’s Warehouse
SPWH

5.01%

$4.19 • $4.40

Shoe Carnival
SCVL

4.79%

$28.79 • $27.41

Tilly’s
TLYS

0.63%

$7.94 • $7.99

Walmart
WMT

1.73%

$111.98 • $113.92

Zumiez
ZUMZ

5.09%

$25.91 • $24.59

TOTAL
WEEK OVER WEEK

1.58%

$1,512.34 - $1,488.48

Brand Name
(Ticker Symbol)

% Change over week
Price 06/27/19 • 07/05/19

Acushnet Holdings
GOLF

0.91%

$26.36 • $26.60

adidas
addyy

0.51%

$156.04 • $156.83

Callaway
ELY

1.07%

$17.82 • $18.01

Columbia Sportwear
COLM

0.99%

$100.72 • $99.72

Deckers Brands
DECK

2.18%

$176.92 • $173.06

GoPro
GPRO

0.36%

$5.55 • $5.57

lululemon
LULU

0.08%

$183.21 • $183.07

Nautilus
NLS

14.56%

$2.06 • $1.76

Nike
NKE

1.68%

$86.82 • $88.28

Puma
PUMA

3.49%

$68.24 • $65.86

Skechers
SKX

2.69%

$32.75 • $33.63

Under Armour
UA

2.52%

$22.65 • $23.22

VF Corp.
VFC

0.07%

$87.81 • $87.87

Wolverine Worldwide
WWW

3.99%

$27.79 • $26.68

Yeti
‍‍YETI

11.97%

$30.32 • $33.95

TOTAL
WEEK OVER WEEK

0.09%

$1,025.06 - $1,024.11

RETAIL: 62

38.74%

BRANDS: 184

83.61%

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

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