February 06, 2018
The retail value of the U.S. athletic footwear market rose to $19.6 billion, with unit sales up 2% and ASP flat at $58.16, according to NPD.
Net income attributable to owners fell 8% to ¥3,830 million ($33.1 mm) for the nine months ended Dec. 31 from ¥4,176 million on sales of ¥98,898 million ($900.7 mm) this year compared to ¥92,850 million.
A ¥1.2 billion positive swing in comprehensive items, most of it from foreign exchange, boosted comprehensive net income to ¥1,283.1 million ($11.4 mm) from ¥650.2 million for the nine months ended Dec. 31, as revenues climbed 2% to ¥46,201.0 million ($409.2 mm) from ¥45,239.1 million.
Swedish headphone maker Zounds will launch two headphone products under the Adidas Badge of Sport and Originals trademarks next year, including one aimed at the sports market.
LULU is going after a roster of online sellers who hawk allegedly counterfeit product on their own sites or on marketplaces like iOffer, eBay, AliExpress, and Alibaba in a suit filed in No. IL District Court.
NSSF-adjusted FBI NICS background checks dropped 8.0% in Jan. to 955,466 from 1,038,365 last year, continuing to decline despite the easier comp as the industry begins lapping last years softer, post-election months.