July 20, 2017 Skechers Sales Surge but Net Drops on International Spending
Net income slipped 20% to $59,535,000 from $74,107,000 in the second quarter pulled down by increased investments in international expansion even as revenues soared 17% to $1,025,934,000 from $877,810,000 and gross margins were strong at 47.6%, up 20 basis points. Administration Approach to NAFTA Renegotiation is Delicate
The objectives unveiled by the U.S Trade Representative for updating NAFTA were light on inflammatory rhetoric and heavy on ensuring that the process goes smoothly, much to the relief of many importers like the AAMA and the NRF. Golf Study Tracks Buying Habits in Shifting Market
The loss of over 100 off-course golf retail doors in 2016 presents an opportunity for on-course retail and custom fitting specialists, according to the 2017 Serious Golfers Shopping and Purchasing Habits Study from Golf Datatech. Team 360 Sets Offering (Because There’s One Born Every Minute)
The founders of the team sports participant app company are offering 1,273,612 of the 4,831,612 shares, or 26.4% of the company, at $0.25 per share that will gross them $318,403. Dick’s Launches Broader Second Skin Collection
The Second Skin line, initially just compression apparel, will now include training apparel for men and women at 350 Dick’s stores. SFIA Sets Speaker Roster for Industry Leaders Summit
Tod Leiweke, NFL COO along with Jeff Kearney, Gatorade global head of sports marketing, Matt Powell, NPD VP of industry analysis and Rakhil Hirdaramani, a director at Hirdaramani Group will speak at the event to be held in Chicago on Sep. 13-14. Etcetera: Iconix, Under Armour, Arc’teryx
|