Retail TouchPoints
MARCH 23, 2022
Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%.
Retail TouchPoints
JANUARY 9, 2024
Although Solo Brands plans to share more extensive financial details in its fiscal 2023 results call in March, interim CFO Andrea Tarbox shared in a statement that Q4 results “came in below expectations as we experienced softer-than-anticipated sales in our direct channel.”
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Retail TouchPoints
MARCH 29, 2021
Nike has reportedly closed its accounts with DSW , Urban Outfitters , Shoe Show , Dunham’s Sports , Olympia Sports and Big 5 Sporting Goods as the retailer pulls out of specialty retailers and department stores, according to Forbes and other media outlets. These aren’t the first retailers to lose Nike as a supplier.
Inside Retail
FEBRUARY 4, 2024
The company sold 105 million shares for US$13 instead of the US$16-18 it originally floated, putting Amer Sports’ valuation at over US$6 billion. The sporting goods conglomerate has a unique proposition with its broad portfolio of 11 brands that include Wilson Sporting Goods, Salomon and Arc’teryx.
Retail TouchPoints
MARCH 11, 2021
Nonetheless, Adidas is optimistic, citing the recovery seen in Q4 2020, its strong market position and attractive growth prospects for the sporting goods industry as a whole. The move is in line with similar shifts made by competitor Nike, which is ditching wholesale accounts and beefing up its digital and DTC business as well.
RETAIL MANAGEMENT SOFTWARE
NOVEMBER 9, 2021
Over the next five years towards 2025 , according to IBISWorld’s analysts’ early forecasts the sports participation was expected to spur the pent-up demand for Sporting Goods and supplies. First what do we know about the sporting goods industry and who are the main players? Industry Definition and Categories.
Retail TouchPoints
DECEMBER 15, 2021
Wholesale will remain a foundation of the Wilson business. “We We have no intention of doing anything other than growing with [our wholesale partners],” said Devin, but this year the company also debuted its first-ever permanent brick-and-mortar store. At Wilson, we believe sport makes better people.
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