Dick's Sporting Goods

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Athletic players well positioned amid disruption

Deflationary pressures, the rise of Amazon and the expansion of off-price and fast fashion chains all have the potential to disrupt traditio...

just-style.com | 7 Apr 2009

With thousands of factories already closed in China alone, the global recession is taking its toll on apparel and footwear supply chains. A panel discussion at The Prime Source Forum in Hong Kong last week discussed how sourcing has now entered a transitional period. Joe Ayling reports from the event.

just-style.com | 15 May 2008

The choice between fight and flight is taking on a new meaning in the sporting goods sector. Brands are soaring by exploiting new opportunities in emerging markets, while a subsequent fight for remaining market share is taking shape closer to home, as Joe Ayling reports.

Latest News

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 

Katie Smith | 13 Jan 2016

UK retailer Sports Direct has has increased its stake in US brand management company Iconix Brand Group and bought a stake in Dick's Sporting Goods as part of its long-term strategy. 

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 

Katie Smith | 7 Aug 2015

German sportswear giant Adidas has launched what it claims to be a first of its kind athletic apparel line for teenagers.

Michelle Russell | 21 Jul 2015

US retailer Dick's Sporting Goods is to open a boutique women's fitness and lifestyle speciality chain.

Michelle Russell | 19 May 2015

Dick's Sporting Goods said it is confident of the year ahead despite booking a drop in first-quarter earnings as the company's Golf Galaxy stores continued to struggle while expenses increased.

Katie Smith | 3 Feb 2015

Dick's Sporting Goods CFO Andre Hawaux has taken on the additional role of chief operating officer.

Michelle Russell | 18 Nov 2014

US retailer Dick's Sporting Goods has reported third-quarter earnings at the higher end of its guidance, but continued pressures in golf and hunting hurt comparable sales.

Michelle Russell | 16 Sep 2014

Adidas has moved to defend its position over reports the sporting goods giant has received pressure from investors to accelerate a turnaround and consider replacing its chief executive.

Michelle Russell | 20 Aug 2014

US retailer Dick's Sporting Goods has booked a drop in second-quarter earnings as the restructuring of its golf business weighs on the business.

Michelle Russell | 21 May 2014

US retailer Dick's Sporting Goods has recorded earnings in its first-quarter that came in below its expectations due to weakness in its golf and hunting divisions.

Michelle Russell | 11 Mar 2014

US retailer Dick's Sporting Goods has revealed an increase in earnings and sales in its fourth-quarter, which the company said topped expectations.

Katie Smith | 11 Feb 2014

US retailer Dick's Sporting Goods has raised its full-year and fourth quarter earnings and sales guidance, after better-than-expected same store sales.

Katie Smith | 19 Nov 2013

US retailer Dick's Sporting Goods has posted a slight decline in third-quarter net profit but said it expects full-year adjusted earnings per share to be at the higher end of its earlier guidance.

Katie Smith | 17 Oct 2013

Dick's Sporting Goods has gone live with the ecVision supply chain collaboration platform to help improve its business agility and overcome the challenges of global sourcing.

Katie Smith | 20 Aug 2013

US retailer Dick's Sporting Goods has lowered its outlook for the full year, after cooler weather and weak consumer spending resulted in lower-than-expected second quarter profit growth.

Katie Smith | 21 May 2013

Sportswear retailer Dick's Sporting Goods has today (21 May) reported a 13.4% jump in first-quarter net profit despite lower-than-expected sales growth.

Katie Smith | 3 May 2013

Sportswear retailer Dick's Sporting Goods has appointed Andre Hawaux as its chief financial officer and executive vice president of finance and administration.

Leonie Barrie | 14 Mar 2013

Senior executives from across the apparel industry and its supply chain will be heading to Hong Kong later this month for the annual Prime Source Forum.

Katie Smith | 11 Mar 2013

Retailer Dick's Sporting Goods today (11 March) posted a 16.8% increase in fourth-quarter profit, helped by rising sales in its online business - but admitted it lost out on sales of cold-weather clothing in January.

Leonie Barrie | 14 Nov 2012

Retailer Dick's Sporting Goods Inc has raised its full-year earnings forecast after booking a 21% jump in third quarter profit.

Katie Smith | 18 Oct 2012

US retailer Dick's Sporting Goods has launched a line of performance baselayers that use a special fibre technology designed to enhance the wearer's performance.

Petah Marian | 24 Sep 2012

Troubled UK sportswear retailer JJB Sports today (24 September) confirmed plans to appoint administrators to undertake a potential sale of its assets.

Petah Marian | 5 Sep 2012

UK sporting goods retailer Sports Direct saw first-quarter sales boosted by the Olympics and deep price cuts.

Petah Marian | 30 Aug 2012

Struggling sportswear retailer JJB Sports has put itself up for sale, after admitting its directors do not believe the chain can raise the funds necessary to implement a turnaround.

Katie Smith | 28 Aug 2012

The Finish Line has appointed Harvey Bierman as vice president of digital technology as the US sportswear chain continues to expand its digital business.

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