Retail: 59
0.78%
Retail: 180
4.70%
Monday, July 01, 2019
Volume 3, Issue No. 26

Nike Going All in with Digital, Technology

Coming out of a fiscal year where global brand revenues topped $37.2 billion, and North American annual sales rose 7 percent to more than $15.9 billion, Nike senior management is clear about the company’s increasing focus on digital, connecting with its consumers worldwide, keeping better track of its inventory via technology and raising the innovation bar in footwear and apparel. (Read More)

Major Player in China’s Sportswear Biz Files for IPO

Topsports International Holdings Ltd., a distributor of 10 major athletic and outdoor brands across China with more than 8,300 retail locations across 268 cities, filed for an Initial Public Offering (IPO) on the Hong Kong Exchange last week that could raise more than $1 billion. (Read More)

Textile Insight
Milliken Exec Tapped for Top Polartec Post

With the ink barely dry on the acquisition deal, Milliken has named Steve Layton as president of its Polartec business. Layton, most recently VP sales and marketing for Milliken’s Westex flame resistant textiles business, now takes the helm of the Polartec brand from outgoing CEO Gary Smith. (Read More)

Truce Called in China Tariff War

After weeks of industry worry, retailers and vendors placing future orders early and weeks of testimony against the placement of additional duties on $300 billion worth of China-produced merchandise imported in the U.S., including footwear and apparel, the Trump Administration agreed Saturday to delay any action and continue negotiations with the country’s largest trading partner. (Read More)

SFIA’s Start-Up Challenge Deadline is July 19

The Sports & Fitness Industry Association (SFIA), along with a judging panel of major industry leaders and investors, will once again crown five innovative, forward-thinking companies in its annual Start-Up Challenge competition. (Read More)

What’s Hot, What’s New?

Bertucci, to commemorate its 15th anniversary, has introduced an upgraded version of its popular A-4T Yankee timepiece that was introduced in 2010. (Read More)

The Buzz: HyperIce, Running Industry Association, Stansport

HyperIce is partnering with J.Storm, an esports organization founded by the NBA’s Jeremy Lin and China Digital Culture that is focused on bridging the gap between esports markets in North America and China. (Read More)

Tubes of the Week

Mon, Aug 28, 2017
Vol 1, Issue No. 33
Numbers In Play
The Sports Insight Index is our opinion of what we think are the 30 most important public companies in the industry, 15 vendors and 15 retailers. Space considerations prevent us from tracking more, but we will make changes over time.
Retail
Only two stocks rise as 13 fall for the period. Both gainers, Camping World and Dick’s Sporting Goods, rose less than 1 percent for the week as the segment declined nearly 2 percent during the last week of H1. Kohl’s could see a 20-30 basis point decline in its gross margin this year due to higher tariffs on the China-produced merchandise it sells. Now, besides Kohl’s locations, Amazon (not in Index) is offering customers a new pick-up location for their orders, 100 Rite Aid stores. The Counter program will be expanded to 1,500 Rite Aid doors by year-end, and Amazon wants small retailers to consider joining its Counter effort. Walmart is adding Artificial Intelligence-powered cameras at 1,000 of its U.S. stores to curb checkout theft and shrinkage. Tilly’s is giving women’s “casual-lux” brand West of Malone more exposure in its stores and online.
Brands
Segment dips more than 1 percent, slightly more than the Dow’s 0.85 percent decline for the period, as four stocks rise and 11 decline. Puma, which says it will reduce its greenhouse gas emissions by 35 percent by 2020, according to cleantechnica.com, led the gainers. VF Corp. has its target price raised to $100 with a “positive” rating by Cowen Inc. Nike may have missed its Q4 profit expectations by the Street (despite exceeding the revenue target), but lands $100 and $97 price targets, respectively, from Deutsche Bank and Credit Suisse. Also, The Swoosh cancels a collaboration with a Japanese streetwear brand after learning the label, Undercover, posted social media support for a new law in China that would allow extradition from Hong Kong. Lululemon, which recently closed its men’s only doors in Toronto and New York City, is reportedly eying the use of byproducts from pea processing as inputs in new materials used for its apparel. Yeti’s new M30 soft cooler has a magnetic closure system that enhances its thermal properties, is more effective than a beefy zipper and will be difficult for imitators to copy, according to GearJunkie.com. Adidas is launching the first signature shoe for the NBA’s Donovan Mitchell. The D.O.N. (Determination Over Negativity) #1 drops today. Wolverine-owned Saucony has been met with success by taking its “Run For Good” marketing campaign to Instagram.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 06/20/19 • 06/27/19

Big 5 Sporting Goods
(BGFV)

12.27%

$2.20 • $1.93

Sports Direct
LON: SPD

6.21%

$362.99 • $340.45

Camping World
CWH

0.65%

$12.25 • $12.33

Dick's Sporting Goods
DKS

0.79%

$33.97 • $34.24

JD Fashion
jD

0.31%

$751.14 • $748.80

Foot Locker
FL

1.63%

$41.77 • $41.09

Genesco
GCO

2.50%

$43.56 • $42.47

Hibbett Sports
HIBB

7.09%

$19.33 • $17.96

Kohl’s
KSS

0.15%

$46.90 • $46.83

Macy’s
M

1.83%

$21.91 • $21.51

Sportsman’s Warehouse
SPWH

1.07%

$3.75 • $3.71

Shoe Carnival
SCVL

2.41%

$27.43 • $26.77

Tilly’s
TLYS

4.31%

$8.13 • $7.78

Walmart
WMT

0.19%

$110.33 • $110.12

Zumiez
ZUMZ

0.16%

$25.55 • $25.51

TOTAL
WEEK OVER WEEK

1.97%

$1,511.21 - $1,481.50

Brand Name
(Ticker Symbol)

% Change over week
Price 06/20/19 • 06/27/19

Acushnet Holdings
GOLF

2.57%

$26.85 • $26.16

adidas
addyy

0.77%

$152.30 • $151.12

Callaway
ELY

5.47%

$18.27 • $17.27

Columbia Sportwear
COLM

1.79%

$100.33 • $98.53

Deckers Brands
DECK

0.82%

$173.92 • $175.34

GoPro
GPRO

5.64%

$5.85 • $5.52

lululemon
LULU

3.43%

$186.50 • $180.11

Nautilus
NLS

3.57%

$2.24 • $2.16

Nike
NKE

1.98%

$85.24 • $83.55

Puma
PUMA

6.34%

$63.86 • $67.91

Skechers
SKX

2.03%

$31.58 • $30.94

Under Armour
UA

5.66%

$23.48 • $22.15

VF Corp.
VFC

2.14%

$88.61 • $86.71

Wolverine Worldwide
WWW

1.75%

$26.88 • $27.35

Yeti
‍‍YETI

1.24%

$28.24 • $28.59

TOTAL
WEEK OVER WEEK

1.06%

$1,014.15 - $1,003.41

RETAIL: 61

39.03%

BRANDS: 180

79.90%

Index base of 100 is key to the closing prices of 12/31/14

Sports Insight Extra Podcast Series