Retail

Golf Boom Continues

September saw a 25.5% increase in the amount of golf rounds played year-over-year, a jump of about 12 million. It’s the fifth straight month that rounds played surpassed last year’s […]

By /
Sustainably Stretching

Lululemon plans to invest $75 million into “equitable wellbeing programs” by 2025. The investment is part of the company’s first “impact agenda,” which aims to make it a more sustainable […]

By /
UA Reshapes Future

The $345 million sale of MyFitnessPal represents the slimming of Under Armour’s operations and its narrowed focus on being “a performance brand.” CEO Patrik Frisk said the apparel company still […]

By /
Big 5 Sporting Goods Notches Best Quarter in Company History

Same store sales increased 14.8% year-over-year and the company says it saved on employee expenses due to reduced store hours.

By /
Equinox Launches E-Commerce

With more than $1 billion in debt, the gym chain is looking to add revenue streams from its 350,000 members.

By /
Art of Sport Sprints Ahead After ‘Harrowing’ 2020 Challenges

Skincare brand Art of Sport’s 2020 has included massive challenges, but with those have come a stronger outlook on its future business.

By /
That’s Shoe Biz

With a new $1.75 billion valuation, Goat Group is living up to its name. The sneaker resale platform raised $100 million in Series E funding, more than tripling its previous […]

By /
They Did It

Nike shares jumped more than 12% after trading closed yesterday following a better-than-expected earnings report. The shoe and apparel giant beat its first quarter 2021 revenue expectations by generating $10.59 […]

By /
Record Quarter

Dick’s Sporting Goods had a record second quarter, posting $276.8 million in profit on $2.7 billion in sales. Digital sales soared 194%. Despite store closures for parts of the quarter, […]

By /
Nike Cuts

Nike is reportedly ending its relationships with several retailers as the brand focuses on its own digital channels. As Nike’s direct-to-consumer platforms grow, it will look to move away from […]

By /