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  Sep 2, 2014
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Today's Top Story:

DSW Lifts 2014 Guidance After Above-Plan Q2

DSW reported second-quarter earnings on an adjusted basis slid 24.7 percent but came in ahead of Wall Street's consensus estimate by 5 cents a share. Comps rose 0.8 percent and the footwear chain was "encouraged by the sequential improvement in sales trends as the quarter progressed." DSW raised its guidance for the year... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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According to multiple reports, Nike signed NBA star Kevin Durant to a 10-year contract potentially worth about $350 million. Durant, the NBA's reigning most valuable player, had reportedly reached a tentative deal with Under Armour on a 10-year contract but Nike topped the offer...(9/2/2014)

 

Luxottica Group S.p.A., which owns the Oakley and Ray-Ban sunglasses brands and Sun Glass Hut, parted ways with CEO Andrea Guerra Monday and unveiled a new management structure based on a co-CEO mode. Under the new model, one CEO focuses on Markets and the other Corporate Functions. Enrico Cavatorta, current general manager and CFO of the Group, was appointed CEO of corporate functions and Interim CEO of Markets, pending the appointment of a permanent executive to this position...(9/2/2014)

 

Billabong COO Jeff Streader announced two key appointments on his global team. Randy Mikko Royce has been appointed to the role of Vice President, Global Supply Chain and Kitty Ho has been appointed as Vice President, Global sourcing for the Billabong Group of companies...(9/2/2014)

 

Australian footwear brand EMU appointed Dan Singer as vice president of North America...(9/2/2014)

 

According to Golf Datatech, golf rounds played on a national level were up 1.1 percent during July compared to July 2013...(9/2/2014)

 

The Outdoor Industry Association announced that Jennifer D. Pringle has been chosen as its new vice president of marketing and communications. Most recently she served as a partner with 4Leaf Partners...(9/2/2014)

 

Under Armour has signed German super model Gisele BŁndchen to a roster of spokeswoman for its largest ever global marketing campaign aimed at women...(9/2/2014)

 

Aquabound/Bending Branches has joined Grassroots Outdoor Alliance as a Vendor Partner...(9/2/2014)

 

JC Penney announced the launch of an all-new Sports Fan Shop experience on JCPenney.com that will be powered by Fanatics, the largest online retailer of officially licensed sports merchandise...(9/2/2014)

 

Kering SA, the French owner of Gucci and Puma, plans to take control of its eyewear business. Kering signed an agreement with Italy’s Safilo Group SpA, the parent of Smith Optics, to set up a four-year strategic product partnership from 2017...(9/2/2014)

 

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