Retail: 67
11.89%
Retail: 186
1.67%
Monday, August 19, 2019
Volume 3, Issue No. 33

Outdoor Insight
Camping World Divests Two Outdoor Specialty Chains

Publicly traded Camping World Holdings, parent of the Gander Outdoors banner, has shed two outdoor specialty chains it acquired between Aug. 2017 and mid-April 2018. Jonesboro, AR-based Gearhead Outfitters, which operates 10 stores across the Midsouth, has acquired Chattanooga, TN-based Rock/Creek Outfitters and Chicago-based Uncle Dan’s. (Read More)

Tariffs
Outdoor, Footwear Industries Aren’t Spared in Tariff Maneuver

With data signals emerging and the drumbeats predicting a looming U.S. recession getting louder, the Trump Administration last week reversed course on its threat to slap 10-percent tariffs on all remaining imports from China on Sept. 1. Instead, the list of items to be impacted was divided into List 4A and List 4B with the latter getting its additional 10-percent duty levy delayed until Dec. 15. (Read More)

Podcast
Soccer Footwear Start-up Focuses on Italian Craftsmanship

Sam Garzon, the founder and CEO of Miami-based UnoZero, says the young company’s name was inspired by all the soccer greats who have worn the number 10 on the pitch. Everyone from Pele and Zidane to Totti.

“Ten stands for perfection. It stands out above all cleats by focusing on Italian craftsmanship, premium quality, attention to detail, and meticulous material selection, with no gimmicks and no compromises,” says the native Venezuelan and lifelong soccer player.

Garzon, a former Staples and Siemens’ executive, offers up more details on his fledgling boot brand, beginning to make its way into U.S. soccer shops, and his broad perspective on the sport in this week’s Sports Insight Extra podcast.

Retail
Stock Market, Tariffs Could Hinder Consumer Spending

Future consumer spending could be impacted by the stock market and tariffs, but that wasn’t the case in July. Unadjusted year-over-year retail sales rose 5.6 percent for the month, a figure the National Retail Federation says is consistent with the state of consumer confidence and the healthy labor market. (Read More)

Footwear Insight
Nike Ratchets Up Subscription Program; Steve Madden Acquires Greats

Shortly after the Aug. 12 launch of the Nike Adventure Club shoe subscription service for children ages 2-10, market speculation began surfacing about whether other footwear brands have the breadth of product, logistics and know-how to introduce a rival footwear subscription service for young parents and their children. (Read More)

SFIA Start-Up Challenge Finalists Named

The five finalists in the SFIA Start-Up Challenge will make their pitches before a 15-member panel of judges during the SFIA Industry Leaders Summit in Baltimore on Sept. 25. The grand prize winner will receive $25,000 worth of digital marketing services provided by Empirika Media Group Inc. (Read More)

What's Hot? What's New?

Fila is debuting two tennis collections on-court at the U.S. Open this month—the women’s Awning and the men’s Legend. (Read More)

The Buzz: G-Form LLC, Adidas, Amer Sport Corp., Canada Goose

Adidas signs Mikaela Shiffrin, the world’s top alpine skier, to a multi-year partnership contract. Amer Sports Corp., the Finnish parent of Wilson and Precor, has applied to have its shares delisted from Nasdaq. The move was expected following the March announcement that the company was being acquired by publicly traded Anta Sports Products Ltd. of 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
The dreaded inversion yield curve, which economists generally see as a sign of a coming recession, wreaked havoc on the markets Aug. 14, the last day of the period. The Dow suffered its worst day of 2019 with an 800-point freefall. The huge one-day swing brought the Dow down more than 751 points for the week. But its 2.9-percent drop for the period was better than the segment’s nearly 5.4 percent decline as all stocks fell with the exception of Walmart, which reported 37 percent ecommerce growth in Q2 and 2.8 percent comp sales growth in the U.S. Foot Locker, in conjunction with Nike opens its third U.S. “Power Store” in New York City’s Washington Heights’ neighborhood that is technology-laden and ties directly to Swoosh apps. FL intends to open 50 “Power Stores” over the next three years. Macy’s tells analysts its ‘Growth 150’ locations generate approximately 50 percent of its brick-and-mortar sales. Meanwhile, M is halfway to a goal of adding one million SKUs this year through expanded vendor-direct relationships. The retailer is also commencing a resale marketplace strategy in 40 stores through a partnership with ThredUp. Sports Direct says its auditor, Grant Thornton, is resigning on Sept. 11.
Brands
Impacted by the market’s huge fall on Aug. 14, segment slips for third consecutive week with 14 of 15 stocks slipping. Only Titleist and FootJoy parent Acushnet Holdings, by less than 1 percent, gained for the week. Patagonia’s (not on Index) and Lululemon’s decisions to begin selling “washless clothing” were highlighted in a recent Vox story. Under Armour introduces throwback uniforms for a number of college football programs this year, including Wisconsin, Northwestern, Notre Dame and Maryland. Puma is replacing Adidas as the official kit brand of all Moroccan national soccer teams. Adidas is teaming with Twitter once again for a second season of “Friday Night Lights.” Live-streaming of U.S. high school football games on the social media site commences Aug. 30 with two So. Florida teams, Palmetto and Cardinal Gibbons, with the series wrapping Oct. 24. Last year, FNL generated 32.6 million views, including 15.6 million “live” views, according to Twitter. VF Corp. CEO Steven Rendle tells Fortune the objective of The North Face and Vans’ parent “is to power the movement of sustainable and active lifestyles for the betterment of people and the planet.” Nautilus expands its SelectTech line of strength products with the 840 adjustable kettlebell.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 08/08/19 • 08/15/19

Big 5 Sporting Goods
(BGFV)

14.14%

$1.98 • $1.70

Sports Direct
LON: SPD

6.68%

$286.49 • $267.36

Camping World
CWH

13.89%

$8.71 • $7.50

Dick's Sporting Goods
DKS

6.95%

$33.83 • $31.48

JD Fashion
jD

4.57%

$737.73 • $703.99

Foot Locker
FL

8.62%

$40.51 • $37.02

Genesco
GCO

16.48%

$38.60 • $32.24

Hibbett Sports
HIBB

11.15%

$16.68 • $14.82

Kohl’s
KSS

11.69%

$50.13 • $44.27

Macy’s
M

20.43%

$20.31 • $16.16

Sportsman’s Warehouse
SPWH

10.47%

$4.01 • $3.59

Shoe Carnival
SCVL

0.42%

$23.56 • $23.46

Tilly’s
TLYS

1.11%

$8.12 • $8.03

Walmart
WMT

3.91%

$108.45 • $112.69

Zumiez
ZUMZ

2.92%

$23.39 • $22.61

TOTAL
WEEK OVER WEEK

5.38%

$1,402.40 - $1,326.92

Brand Name
(Ticker Symbol)

% Change over week
Price 08/08/19 • 08/15/19

Acushnet Holdings
GOLF

0.88%

$24.93 • $25.15

adidas
addyy

4.44%

$149.61 • $142.97

Callaway
ELY

1.25%

$17.54 • $17.32

Columbia Sportwear
COLM

8.64%

$100.81 • $92.10

Deckers Brands
DECK

10.84%

$149.11 • $132.94

GoPro
GPRO

10.56%

$4.45 • $3.98

lululemon
LULU

5.85%

$186.35 • $175.44

Nautilus
NLS

12.33%

$1.46 • $1.28

Nike
NKE

4.22%

$83.01 • $79.51

Puma
PUMA

7.08%

$75.00 • $69.69

Skechers
SKX

10.71%

$34.44 • $30.75

Under Armour
UA

12.23%

$18.80 • $16.50

VF Corp.
VFC

7.36%

$83.64 • $77.48

Wolverine Worldwide
WWW

14.59%

$27.01 • $23.07

Yeti
‍‍YETI

12.98%

$30.99 • $27.00

TOTAL
WEEK OVER WEEK

7.29%

$987.15 - $915.18

RETAIL: 58

45.39%

BRANDS: 164

64.08%

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

Sports Insight Extra Podcast Series