September 28, 2017
An unknown number of Nike employees will be questioned under oath by federal prosecutors over the bribery scheme that resulted in the arrest of Adidas marketing director Jim Gatto, several agents and some assistant basketball coaches, ESPN is reporting.
Athletic continues to be the strongest trend in its stores, and it believes that its program of installing Nike shops has clearly differentiated it from other family footwear retailers, Shoe Carnival told the B. Riley investor conference.
GPRO touted its positive momentum and said it has put its operational headwinds behind it as it returns to sales growth boosted by the launch of the new HERO6 Black camera.
Zumiez new customer engagement suite, which it calls the “commerce engine”, will integrate the online and in store aspects of the customers’ interaction with back-end fulfillment and the loyalty program, it told the B. Riley conference.
The youth football organization joins Little League and Pony Baseball and the American Youth Soccer Association and Soccer Association for Youth as official partners where Dick’s supplies registration and scheduling and fund raising technology for youth teams and also serves as the official provider of uniforms and official retailer for the group.
Gross profit increased an indicated 23% to $180,526,000 from $147,188,000 for the FY ended Jul. 31 as revenue from the segment rose 21% to $293,428,000 from $241,134,000.
Comprehensive net income was ¥535 million ($4.8 million) for the fiscal year ended Aug. 31 against a loss of ¥811 million last year as sales inched up 1% to ¥72,907 million ($656.5 million) from ¥72,056 million at the Japanese retailer.