September 16, 2020
VSTO said its ammunition business has been going full-speed to supply outsized demand that is buying up everything it can make, in a virtual fireside chat at the C.L. King investor conference.
The newly independent company talked up its “dock-and-unlock” brand development platform at the C.L. King virtual investor conference, and said it is actively shopping for outdoor brands to plug in to the system.
Genesco has seen a more drawn out Back-to-School season at Journeys, as shopping patterns were more normal for the one-third of kids attending school in person, but there was much less urgency from the other two-thirds who are learning virtually at home.
Designer Brands said it will ramp up the focus on increasing athleisure penetration and its top 50 brands initiative going into H2 this year, in a virtual discussion at the CL King conference.
Caleres said it is seeing some improvement in the seasonally important third quarter in a presentation at the CL King conference, with comp declines tightening to the negative 15% to 20% range.
Crocs said that it’s picking up market share during an elongated Back-to-School season from provided tailwind color for the back half of 2020 during the CL King’s virtual conference.
The World Trade Organization determined that the Trump Administration’s imposition of punitive tariffs in response to China’s theft of U.S. technology and IP violated its rules.
Adjusted sales for sporting goods/hobby/book and music stores slowed to growth of 11% in Aug. from its 18% pace the month before, increasing to $7,429 million from $6,688 million, according to Commerce Dept. data.
Using a new facet of the bankruptcy code called Chapter 5, CEO Ed Arienello was able to restructure his business while retaining ownership.
NFL jersey sales are up 35% year-over-year now that games have begun, according to licensing juggernaut Fanatics, and Tom Brady’s Buccaneers jersey is the number one seller.
Never timid or reticent when it comes to environmental issues, Patagonia has added the text “VOTE THE ASSHOLES OUT” on the reverse of the size tag in its Road to Regenerative shorts, referring to politicians who deny the climate crisis, a company spokesperson told NBC News.