The annual grades given to many aspects of physical activity among youth remain an ugly truth in this age of video games and mobile electronic devices. But some progress is being made. (Read More)
Three major athletic brands—Fila, Adidas and Under Armour—now have women in place to run their North American operations. (Read More)
“Looking further out, our intent is to diversify sourcing as much as we can outside of China, and these efforts are well under way for FY21. The balance of our merchandise is imported by third-party vendors. For Journeys, which accounted for 65 percent of total sales last year, we estimate that 30-40 percent of the products we buy from third-party vendors are currently sourced from China.”
Strong Q2 results, where total revenues grew 22 percent to $883.4 million and comparable sales rose 17 percent on a constant dollar basis, showed further gains in the company’s core mission to grow its core business by low-double digits, double its men’s business and quadruple its international revenues before the end of 2023. (Read More)
Footwear and hard goods led the H1/19 business at Zumiez, while men’s and women’s apparel were softer. The global lifestyle retailer says its ultimate objective is to sell at full price and full margin while also listening to its customers about what product categories and brands it should carry. (Read More)
Adidas, in conjunction with Zound Industries, will introduce two adidas Sport headphones on Sep. 25. The FWD-01 (MSRP: $149) is a wireless in-ear headphone with up to 16 hours of playtime and sweatproof. (Read More)
Apparel shipments into the U.S. grew nearly 24 percent in July from June and 9 percent from July 2018 as retailers accelerated orders ahead scheduled tariff hikes, according to data from the U.S. Dept. of Commerce’s Officer of Textiles and Apparel (OTEXA). (Read More)