Retail: 75
1.21%
Retail: 188
0.04%
Monday, November 18, 2019
Volume 3, Issue No. 46

Footwear Insight
Addressing the Evolving Roles of Designers

Nicoline van Enter, founder of The Footwearists, believes the industry’s push for “faster and faster” is lessening the importance of ideation in the shoe industry. She offered a myriad of opinions at a gathering of nearly 100 footwear designers and line managers in midtown... (Read More)

Podcast
Bill Kirkendall Weighs In on Specialty Running

The longtime industry executive and CEO of the Running Specialty Group dishes on the specialty run marketplace, the Denver company’s acquisition strategy, the future of the Olympia Sports banner in New England, and his hopes for the overall running business in 2020.

OutdooR INSIGHT
High Hopes Prevail for Another Strong Winter Season

Following a strong 2018-19 winter season that saw snow industry retail sales of apparel, footwear and accessories climb 7 percent to $6.3 billion, the NPD Group has uncovered retail optimism for the current 2019-20 season that has already seen cold temps and some snow from coast-to-coast. (Read More)

Quotable

“One of our key growth strategies is that we are going to bring a lot of our manufacturing in-house by either building and/ or acquiring new facilities. And we've built four plus facilities now since then (IPO)… We've been able to bring a lot more capacity in-house to the point where I think last year it was close to 50% of our manufacturing. And there's still room to go higher than that. We don't have an absolute target…”

– Dani Reiss, President and CEO of Canada Goose Holdings

Footwear Insight
Nike Ending Amazon Pilot Program

The Swoosh, in deference to its growing Direct-to-Consumer business model ($11.8 billion for the FY ended May) and working more closely with its key global partners, including Foot Locker, is abandoning its nearly two-year old partnership with online behemoth Amazon. (Read More)

Outdoor Insight
Smith & Wesson Parent Spinning Off Outdoor Products Business

American Outdoor Brands intends to spin-off its portfolio of 19 outdoor products and accessory brands as a tax-free stock dividend to its shareholders in the second half of 2020. The Springfield, MA company says the purpose of the maneuver is to enable the management teams of each business to focus on specific operational and growth strategies. (Read More)

What's New? What's Hot!

Spalding is launching a collection of limited-edition basketballs and equipment, including collaborations with SLAP, BAPE, Just Don, Kobe Bryant and Damian Lillard on Nov. 24. (Read More)

The Buzz: Volcom, And1, LYCRA, Yonex, Escalade, Nike

Volcom is the official apparel partner of the U.S. Snowboard Team and will outfit Snowboardcross, Slopestyle/Big Air, and Halfpipe team through the 2022 Beijing Winter Games. Athletes will wear the brand at World Cup, World Championship, national events and at official training camps. (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
Segment is split with eight stocks up, led by Camping World on a percentage basis, and seven down. But nearly 1.7 percent growth for the period exceeds the Dow’s 0.76 percent increase for the week. October retail sales, released Friday by the U.S. Census Bureau, were up 3.1 percent year-over-year. But the Sporting Goods/Hobby/Musical Instrument/Book Store segment was essentially flat. Foot Locker should be a beneficiary of Nike’s decision to end its pilot selling relationship with Amazon (not on Index) after two years. REI (not on INDEX), opened four stores on Friday in Farmington, UT; Huntsville, AL; Oklahoma City, OK; and Williston, VT. Dick’s Sporting Goods, in the same week that NKE does the same, adds a woman to its board. At DKS, she is Anne Fink, president of Global Foodservice for Pepsico. Walmart’s Q3 U.S. comps rose 3.2 percent with ecommerce sales up 41 percent and fueled by grocery. Kohl’s reports its next quarterly results tomorrow with Shoe Carnival’s next results set for Nov. 21.
Brands
While 11 stocks rose and only four declined, the segment was paced by Lululemon (whose shares hit an all-time high on Friday) and Peloton, which disclosed it would introduce a less-expensive treadmill and rowing machine in 2020 that could be part of a “better, best” strategy at the company. Of course, Nike, Adidas and Under Armour made news last week as well. For the Swoosh, it was news that it is ceasing its two-year old pilot program with Amazon to focus on more direct relationships with its customers and tighter bonds with its key wholesale partners worldwide. Also, Nike will reportedly to switch to using its own customers rather than models on its SNKRS app. The Three Stripes has been fairly mum about its decision to shutter Speedfactory locations in Georgia and Germany. Industry sources tell me the closures are about doing the work more cost-effectively in Asian locations. Under Armour’s accounting practices, under review by federal authorities related to revenue recognitions and alleged sales shifting tactics, saw the issues addressed in a Wall Street Journal exclusive last week. Puma has launched its first smartwatch, powered by Wear OS Google technology.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 11/07/19 • 11/14/19

Big 5 Sporting Goods
(BGFV)

12.80%

$3.28 • $2.86

Sports Direct
LON: SPD

1.00%

$400.28 • $404.29

Camping World
CWH

23.85%

$9.77 • $12.10

Dick's Sporting Goods
DKS

2.56%

$41.39 • $40.33

JD Fashion
jD

2.79%

$935.41 • $961.53

Foot Locker
FL

2.04%

$46.48 • $45.53

Genesco
GCO

0.00%

$40.49 • $40.49

Hibbett Sports
HIBB

4.35%

$24.39 • $25.45

Kohl’s
KSS

1.43%

$56.74 • $57.55

Macy’s
M

0.12%

$16.22 • $16.24

Sportsman’s Warehouse
SPWH

1.39%

$7.22 • $7.12

Shoe Carnival
SCVL

0.14%

$36.38 • $36.43

Tilly’s
TLYS

6.53%

$10.57 • $9.88

Walmart
WMT

0.35%

$120.23 • $120.65

Zumiez
ZUMZ

4.61%

$31.88 • $30.41

TOTAL
WEEK OVER WEEK

1.69%

$1,780.73 - $1,810.86

Brand Name
(Ticker Symbol)

% Change over week
Price 11/07/19 • 11/14/19

Acushnet Holdings
GOLF

0.85%

$30.76 • $30.50

adidas
addyy

3.56%

$151.50 • $146.10

Callaway
ELY

0.05%

$20.28 • $20.29

Columbia Sportwear
COLM

1.46%

$93.08 • $94.44

Deckers Brands
DECK

1.88%

$162.06 • $165.10

GoPro
GPRO

5.17%

$4.45 • $4.68

lululemon
LULU

5.13%

$202.82 • $213.22

Nike
NKE

0.96%

$90.40 • $91.27

Peleton
PTON

14.58%

$22.63 • $25.93

Puma
PUMA

2.75%

$74.58 • $72.53

Skechers
SKX

1.73%

$39.34 • $40.02

Under Armour
UA

3.23%

$16.08 • $15.56

VF Corp.
VFC

0.66%

$86.41 • $85.84

Wolverine Worldwide
WWW

4.68%

$31.62 • $33.10

Yeti
‍‍YETI

1.03%

$29.11 • $29.41

TOTAL
WEEK OVER WEEK

1.22%

$1,055.12 - $1,067.99

RETAIL: 75

25.48%

BRANDS: 188

87.78%

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

Sports Insight Extra Podcast Series