Sportswear – Texans Football Prostore http://texansfootballprostore.com/ Wed, 18 May 2022 20:01:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://texansfootballprostore.com/wp-content/uploads/2021/06/icon-2021-06-23T230631.148.png Sportswear – Texans Football Prostore http://texansfootballprostore.com/ 32 32 Revamped Richards store puts more emphasis on activewear for men and women – WWD https://texansfootballprostore.com/revamped-richards-store-puts-more-emphasis-on-activewear-for-men-and-women-wwd/ Wed, 18 May 2022 20:01:13 +0000 https://texansfootballprostore.com/revamped-richards-store-puts-more-emphasis-on-activewear-for-men-and-women-wwd/ GREENWICH, Connecticut. — The Mitchells know how to show their gratitude. On Tuesday evening, the family behind Mitchells, Richards, Marios and Wilkes Bashford joined fellow members of the prestigious Forum Group of independent luxury retailers in thanking their salespeople for helping them through the darkest days of the pandemic. The event, which included cocktails and […]]]>

GREENWICH, Connecticut. The Mitchells know how to show their gratitude.

On Tuesday evening, the family behind Mitchells, Richards, Marios and Wilkes Bashford joined fellow members of the prestigious Forum Group of independent luxury retailers in thanking their salespeople for helping them through the darkest days of the pandemic.

The event, which included cocktails and a seated dinner for about 100 people, also served as the official unveiling of the renovated Richards store on Greenwich Avenue in this uptown New York tony town.

The mood was decidedly upbeat as Forum Group members, who had been meeting virtually for more than two years, were finally able to reconnect in person. The Group – which includes top stores such as Andrisen Morton in Denver; Rubenstein in New Orleans; Malouf in Lubbock, Texas; Kilgore Trout in Cleveland; Stanley Korshak in Dallas; Oak Hall in Memphis, and others – all marveled at the strength with which business has rebounded in recent months. Luxury sportswear was the star, but tailored clothing and sports coats also saw a significant increase, they said, as shoppers – new and old – showed up in droves to refresh their wardrobe for a return to work and to celebrate at rescheduled events.

This has also been the case for Mitchells stores, according to Co-General Manager Bob Mitchell. The Richards store facelift reflects this new reality.

Members of the Forum Group join the Mitchells in Richards.

Mitchell said the renovation of the two-level, 27,000-square-foot Richards began before COVID-19 hit and is expected to take about a year, with the store being worked on in phases so it can stay open.

But once the health crisis caused all retail stores to close, work stopped and didn’t resume until February 2021, he said. Then, issues with the supply chain and material shortages took their toll and caused the process to take twice as long as expected. The renovation was finally completed a few weeks ago.

While the mix of vendors remains the same, Mitchell said it was the store’s aesthetic that was significantly improved. “We’ve completely redone and marketed the store more by lifestyle and by brand, whether or not that includes a standalone store,” he said.

The Mitchells bought Richards in 1995 when it was a men’s-only store in an 8,000 square foot space across the street on Greenwich Avenue. They moved into the current location in 2000 when they added womenswear, which along with jewelry now accounts for half of the store’s volume, Bob Mitchell said. Across the Mitchells company, men make up 40% of sales, women 35% and jewelry 25%.

At Richards, the first floor continues to be dedicated to men, but the design is much more open, bright and modern, he said. “We pumped the light everywhere,” he said. This includes stores for the company’s major designer brands, all of which have also been updated. There are refurbished boutiques for Zegna, Loro Piana, Brunello Cucinelli and Tom Ford.

Behind Zegna is a room devoted to what Mitchell called “ultra luxury” brands – Kiton, Isaia, Brioni and others – which have long been known for their bespoke clothing, but have since grown successfully in luxury sportswear. And the store mixes the two categories seamlessly.

Beyond this is the smaller bespoke clothing department which was previously located front and center at the Greenwich Avenue entrance but was relocated during the redesign. Top brands here include Canali, Samuelsohn, Munro and others. Like the other stores, this one eschewed the dark wood design of the past for a cleaner, brighter, whiter layout that “shows off clothes better,” Mitchell said.

“We’re seeing big increases over 2019, even in tailored clothing,” Mitchell said, adding “sport coats are stronger than ever” and evening wear in bright blues and grays, as well as tuxedos and formal accessories, have all been “phenomenal”. .”

The furniture area has been reduced to make more room for sportswear and although not yet at its peak years ago, business in these categories is improving as men attend more of events.

There is a large, comfortable fitting area with a bar and a TV where two fitters work with customers on weekends. And there is a central cashier as well as a place where customers can sit down and have a coffee, a drink or a cookie.

Inside the back door, which opens into Richards’ car park – the store is the only one on Greenwich Avenue to have a dedicated car park with 60 spaces available for customers – is the area of casual sportswear. Brands include Faherty, Peter Millar, Frame, Rhone, Moncler, Pescarolo, Sease, Fradi, Fedeli and others.

“We thought that when bespoke clothing resumed, sportswear sales would drop, but sportswear continues to show massive increases,” he said.

Ditto for the shoes, which were “significantly widened” during the renovation and dominate the space on one side of the floor, Mitchell said. Major brands include Bontoni, Santoni, Tod’s, Loro Piana, Cucinelli and Zegna and he said while sneakers and casual shoes are immensely popular, dress shoes have also seen a surge in interest.

The Tom Ford and Cucinelli stores were upgraded to the latest iterations of these brands during the refurbishment.

Although the floor is exclusively devoted to men’s clothing, it includes the presentation of women’s jewelry. “It has been our most consistent growth driver during COVID[-19]”, said Mitchell. “And it continues.” He said the store is seeing an increase in designer jewelry brands as well as huge demand for diamonds and colored stones.

Guests ascending the sweeping central staircase to the women’s department on the second floor will also find a brighter, more modern layout.

Cucinelli, who is Richards’ top women’s salesman, has been moved up the stairs and there is outdoor patio space at the back of the store. There are designated areas for other major brands such as Loro Piana, Akris and Carolina Herrera, as well as an advanced area including The Row, Saint Laurent and Moncler. There is also a VIP room tucked away in the back corner.

Right now, Richards is offering a pop-up shack shop with colorful swimwear, kaftans and other summer merchandise from Zimmermann, Veronica Beard and other brands.

The checkout envelope has also been moved to make more room for shoes and bags, which Mitchell called “a big growth area for us. We doubled the square footage and it turns out to be a winner. Bottega Veneta, YSL, Valentino and Loewe are among the top brands in bags, while in shoes, Manolo Blahnik, Gianvito Rossi and Valentino were top sellers along with Cucinelli and Loro Piana, which Mitchell says “shows the power of these brands outside the world of clothing.

The women’s department was renovated in 2010, Mitchell said, but the men’s department hasn’t really been touched since it opened more than two decades ago. He said much of the original design, such as the windows and the staircase, was retained.

In addition to retail space and outdoor parking, there are 100 underground parking spaces and a 6,000 square foot basement where additional stock is stored.

While Richards may have been the focus this week, Mitchell said the company is “getting incredible growth across all stores” right now. “Over the rolling 12 months, we are seeing substantial double-digit growth over 2019, even in Seattle and Portland. There is definitely pent-up demand.

Mitchells Stores operates its flagship unit, Mitchells in Westport, Connecticut, and another in Huntington, New York, as well as Wilkes Bashford stores in downtown San Francisco and Palo Alto, California, Marios stores in Seattle and Portland and a Marios 3.10 in Tigard, Oregon.

The company was founded by Ed and Norma Mitchell in 1958 as a men’s store in a former plumbing supply store in Westport. Over the years, the company continued to expand its reach – and broaden its assortment – as second and third generations entered the business. Richards was the family’s first acquisition, followed by Marshs in Huntington (which was renamed Mitchells) in 2005, Wilkes Bashford in 2009 and Marios in 2015.

Mitchell said that while the family is often approached to rescue other specialty retailers who either don’t have a succession plan or are looking for more professional management, he doesn’t expect the company to add any extra money. other stores to be stabled in the near future.

“We focus on the stores that we have,” he said. “It’s a period of growth like no other, but how long will it last is the question. We believe that if the economy can calm down, we will continue to experience strong growth.

Massimo Caronna, President and CEO of Brunello Cucinelli North America, said the success of the Mitchells personifies the new world of retail. “We don’t call them stores anymore, we call them drop-in centers,” he said. “People today are looking for a difficult experience to achieve online. Post-COVID[-19], they want to feel unique and special and that’s why Mitchells does so well. When you go to their stores, you feel at home. They offer a wonderful combination of products and people, and they inspire me and Brunello to think outside the box. They give us their opinion and it’s our job to listen.

]]>
Nike and Jacquemus prepare sportswear suitable for fashion shows https://texansfootballprostore.com/nike-and-jacquemus-prepare-sportswear-suitable-for-fashion-shows/ Mon, 16 May 2022 17:00:25 +0000 https://texansfootballprostore.com/nike-and-jacquemus-prepare-sportswear-suitable-for-fashion-shows/ Freshly born from collaborations with Comme des Garçons and Louis Vuitton, Nike continues its momentum towards luxury by teaming up for the very first time with the French fashion brand Jacquemus. Their women-focused collection aims to “invigorate the celebration of the multidimensionality of contemporary athletes,” according to Nike’s announcement. “For this collaboration with Nike, I […]]]>

Freshly born from collaborations with Comme des Garçons and Louis Vuitton, Nike continues its momentum towards luxury by teaming up for the very first time with the French fashion brand Jacquemus. Their women-focused collection aims to “invigorate the celebration of the multidimensionality of contemporary athletes,” according to Nike’s announcement.

“For this collaboration with Nike, I wanted to create a collection that minimally reinterprets sportswear for athletic women,” Jacquemus founder Simon Porte Jacquemus said in a statement. “I’ve always been inspired by vintage ACG pieces and Nike campaigns from the 90s. own interpretation of the Humara, my favorite Nike shoe. It was important that the collection be accessible, for all body types, and that it be a natural blend of Jacquemus style and Nike performance.

What is expected – The groundbreaking partnership between the two brands took almost three years to finalize, says Jacquemus vogue. The resulting pieces combine the designer’s love of the outdoors, as well as his body-conscious aesthetic, with Nike’s sportswear technology, which has recently expanded to include more sustainable options. Jacquemus has also shared some of his own obsessions for women’s fashion with vogueciting the lacy miniskirts of the late 90s, the athletic looks of Lady Diana and the “DNA” of tennis.

Nike / Jacquemus

Ahead of the collection’s release, Nike and Jacquemus teased Humara sneakers decorated with a miniature Swoosh, pleated skirt, hiking-inspired bucket hat and what appears to be a white tennis dress. The capsule should include 15 pieces in total.

Coming soon – Despite the collection’s focus on women’s clothing, Jacquemus hopes the collection will appeal to a wider audience, he said. vogue. “It was also really important to me that it wasn’t an elitist collab — to have something that everyone could wear,” he told the publication. It’s unclear if that same accessibility will apply to the capsule’s cost, though its pricing may be comparable to Nike’s collaborative offerings with Off-White.

The collection from Nike and Jacquemus will initially launch June 28 on the luxury brand’s website, with a release to Nike retail outlets to follow in early summer. According to the two brands, their capsule redefines summer ready-to-wear, making it “comfortable anywhere, anytime”.

]]>
Erling Haaland ‘could sign £50m starter deal’ as Man City sponsor Puma ‘enter bidding war’ with Adidas https://texansfootballprostore.com/erling-haaland-could-sign-50m-starter-deal-as-man-city-sponsor-puma-enter-bidding-war-with-adidas/ Sun, 15 May 2022 00:02:26 +0000 https://texansfootballprostore.com/erling-haaland-could-sign-50m-starter-deal-as-man-city-sponsor-puma-enter-bidding-war-with-adidas/ Erling Haaland ‘could sign a huge £50million starter deal’ as Manchester City shirt sponsors Puma ‘enter a bidding war’ against Adidas… with the Norwegian set to land one of the most lucrative shoe deals in history Erling Haaland reportedly at center of £50m bidding war over boot sponsorship Adidas and City shirt sponsors Puma are […]]]>

Erling Haaland ‘could sign a huge £50million starter deal’ as Manchester City shirt sponsors Puma ‘enter a bidding war’ against Adidas… with the Norwegian set to land one of the most lucrative shoe deals in history

  • Erling Haaland reportedly at center of £50m bidding war over boot sponsorship
  • Adidas and City shirt sponsors Puma are said to be vying to supply his shoes
  • Manchester City newcomer’s £51m contract with Nike expired earlier this season
  • Haaland will rake in £385,000-a-week at City before any money-making mentions

Erling Haaland could sign a £50million starter deal with either Puma or Adidas before he arrives at Manchester City, according to a report.

The Sun has claimed City shirt sponsors Puma are engaged in a starter battle against the Norwegian sensation with Adidas, who have a kit deal with Haaland suitors Real Madrid until 2028.

German companies are reportedly keen to hand Haaland a huge sum that would eclipse the salary he will receive from his £385,000-a-week contract at City.

Puma and Adidas face off to win turf war over Erling Haaland boots, report says

Puma have a huge deal with Man City, branding their logo on Pep Guardiola and their players' kit

Puma have a huge deal with Man City, branding their logo on Pep Guardiola and their players’ kit

Puma signed a 10-year, £650m kit deal with City in 2019 which saw the likes of manager Pep Guardiola model their sportswear during promotional shoots.

Haaland’s deal with Nike expired earlier this season and the Puma boss Bjorn Gulden is an independent member of the supervisory board of the striker’s current club, Borussia Dortmund.

Speaking in January, Gulden told Ruhr Nachrichten: “I would like to have him under contract – it can happen.” Erling in Puma boots at BVB – that would be my favorite combination.

Gulden, whose company supplies Dortmund’s kit, could see half of his wish come true if Puma lands Haaland’s starter deal.

Haaland will join City in July from Borussia Dortmund, who have a deal and close ties to Puma

Haaland will join City in July from Borussia Dortmund, who have a deal and close ties to Puma

The sportswear giants are said to be in a running race to sign 21-year-old prodigy Haaland

The sportswear giants are said to be in a running race to sign 21-year-old prodigy Haaland

The Premier League newcomer posed in an Adidas hoodie on Instagram in March and wrote: “Just me.”

Haaland could eclipse Neymar, Lionel Messi and Cristiano Ronaldo’s exceptional boot deals in recent years.

Neymar is said to have signed a £23m deal with Puma, while Messi joined Adidas for £18m and Ronaldo is said to have become Nike’s highest-profile name in a £15m deal .

Haaland has scored 86 goals in 89 games for Dortmund, hitting the net in his last game as the German club won 2-1 at home to Hertha Berlin on Saturday.

City will officially sign Haaland in July after activating a £51m release fee clause in his contract with the Bundesliga giants.

]]>
Newcastle United remain tight-lipped on Saudi Arabia-inspired shirts after online leaks https://texansfootballprostore.com/newcastle-united-remain-tight-lipped-on-saudi-arabia-inspired-shirts-after-online-leaks/ Fri, 13 May 2022 09:09:06 +0000 https://texansfootballprostore.com/newcastle-united-remain-tight-lipped-on-saudi-arabia-inspired-shirts-after-online-leaks/ Newcastle United remain tight-lipped on whether to don a Saudi-style away kit next season. The new white kit with green trim has the distinct look of the kits worn on international duty by Saudi Arabia when they arguably rose to prominence when Saeed Al Owairan scored one of the most famous goals in the game. […]]]>

Newcastle United remain tight-lipped on whether to don a Saudi-style away kit next season.

The new white kit with green trim has the distinct look of the kits worn on international duty by Saudi Arabia when they arguably rose to prominence when Saeed Al Owairan scored one of the most famous goals in the game. history of the World Cup running from his own. halftime to score a solo goal in Washington against Belgium in a 1-0 victory in 1994.

United won’t confirm the shirts until later this summer, when a staggered reveal by Castore takes place for a new set of shirts. The new tops feature an all-green trim, but it remains to be seen if the jersey is still unveiled.

READ MORE: Jonathan Woodgate has already told Newcastle United why they should sign La Liga star

Castore opened in Gallowgate last summer taking the club’s main store out of the hands of Mike Ashley before the takeover. A new store at the Metro Center is also doing a roaring trade in light of Eddie Howe’s Toon revival and the club’s takeover in the Middle East.

Founded in 2015 by brothers Tom and Phil Beahon, Castore was created to bring a new level of performance to activewear. Tom and Phil’s vision is to make Castore a brand focused on premium sportswear and respected worldwide for its innovation and market performance.

Tom Beahon said: “We have been warmly welcomed by the fans and the city of Newcastle, and we look forward to the latest expansion in the region.”

Newcastle and Castore have both been approached for comment.

]]>
Columbia Sportswear (NASDAQ:COLM) Releases Fiscal 2022 Earnings Guidance https://texansfootballprostore.com/columbia-sportswear-nasdaqcolm-releases-fiscal-2022-earnings-guidance/ Tue, 10 May 2022 12:38:50 +0000 https://texansfootballprostore.com/columbia-sportswear-nasdaqcolm-releases-fiscal-2022-earnings-guidance/ Columbia Sportswear (NASDAQ:COLM – Get Rating) released an update to its fiscal 2022 earnings guidance on Monday morning. The company provided EPS guidance of $5.70 to $6.00 for the period. , versus the consensus EPS estimate of $5.75. The company released a revenue forecast of $3.63 billion to $3.69 billion, versus a consensus revenue estimate […]]]>

Columbia Sportswear (NASDAQ:COLM – Get Rating) released an update to its fiscal 2022 earnings guidance on Monday morning. The company provided EPS guidance of $5.70 to $6.00 for the period. , versus the consensus EPS estimate of $5.75. The company released a revenue forecast of $3.63 billion to $3.69 billion, versus a consensus revenue estimate of $3.67 billion.

NASDAQ:COLM shares opened at $75.84 on Tuesday. The stock has a market capitalization of $4.77 billion, a PE ratio of 13.66, a P/E/G ratio of 1.54 and a beta of 0.90. Columbia Sportswear has a 1-year low of $74.49 and a 1-year high of $108.47. The company has a fifty-day moving average price of $88.19 and a 200-day moving average price of $94.09.

Columbia Sportswear (NASDAQ:COLM – Get Rating) last released its results on Thursday, April 28. The textile maker reported earnings per share of $1.03 for the quarter, beating analysts’ consensus estimate of $0.85 by $0.18. The company posted revenue of $761.50 million in the quarter, compared to analyst estimates of $762.88 million. Columbia Sportswear had a net margin of 11.19% and a return on equity of 19.34%. The company’s revenue increased 21.7% year over year. In the same quarter of the previous year, the company achieved EPS of $0.84. On average, stock analysts expect Columbia Sportswear to post earnings per share of 5.85 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30. The ex-dividend date is Wednesday, May 18. This represents an annualized dividend of $1.20 and a dividend yield of 1.58%. Columbia Sportswear’s payout ratio is 21.62%.

Several equity research analysts have recently released reports on the stock. Zacks Investment Research downgraded shares of Columbia Sportswear from a buy rating to a hold rating and set a price target of $92.00 for the stock. in a research note from Tuesday, April 12. Bank of America downgraded shares of Columbia Sportswear from a neutral to an underperforming rating and lowered its price target for the stock from $108.00 to $80.00 in a Friday research note April 29. Robert W. Baird lowered his price target on shares of Columbia Sportswear from $110.00 to $100.00 in a Friday, April 29 research note. CL King upgraded shares of Columbia Sportswear to a Buy rating and set a price target of $117.00 on the stock in a Friday, Feb. 4 research note. Finally, TheStreet downgraded shares of Columbia Sportswear from an ab to a c+ rating in a Thursday, April 28 research note. One research analyst rated the stock with a sell rating, six issued a hold rating and three gave the company’s stock a buy rating. Based on data from MarketBeat.com, Columbia Sportswear currently has a consensus rating of Hold and a consensus price target of $104.57.

Separately, director Ronald E. Nelson sold 3,706 shares of the company in a transaction dated Thursday, May 5. The stock was sold at an average price of $80.16, for a total transaction of $297,072.96. Following completion of the transaction, the administrator now directly owns 14,402 shares of the company, valued at approximately $1,154,464.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this link. Additionally, director Stephen E. Babson sold 2,568 shares of the company in a trade that took place on Tuesday, May 3. The shares were sold at an average price of $81.14, for a total value of $208,367.52. Following completion of the transaction, the director now owns 112,627 shares of the company, valued at $9,138,554.78. The disclosure of this sale can be found here. Insiders hold 40.33% of the shares of the company.

Several institutional investors and hedge funds have recently changed their holdings in COLM. Morgan Stanley increased its position in Columbia Sportswear shares by 106.0% in the second quarter. Morgan Stanley now owns 130,478 shares of the textile maker valued at $12,834,000 after buying an additional 67,154 shares during the period. Goldman Sachs Group Inc. increased its position in Columbia Sportswear shares by 3.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 147,522 shares of the textile maker valued at $14,375,000 after buying an additional 5,345 shares during the period. LPL Financial LLC increased its position in Columbia Sportswear shares by 12.8% in the fourth quarter. LPL Financial LLC now owns 6,010 shares of the textile maker valued at $588,000 after purchasing an additional 680 shares during the period. Lombard Odier Asset Management USA Corp acquired a new position in shares of Columbia Sportswear in Q4 valued at around $283,000. Finally, Legal & General Group Plc increased its position in Columbia Sportswear shares by 1.1% in the 4th quarter. Legal & General Group Plc now owns 51,537 shares of the textile maker valued at $5,022,000 after buying an additional 576 shares during the period. Institutional investors and hedge funds own 48.65% of the company’s shares.

About Columbia Sportswear (Get an evaluation)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

Featured Articles



Get news and reviews for Columbia Sportswear Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Columbia Sportswear and related companies with MarketBeat.com’s free daily email newsletter.

]]>
Analysts Expect Columbia Sportswear (NASDAQ:COLM) to Post EPS of $0.05 https://texansfootballprostore.com/analysts-expect-columbia-sportswear-nasdaqcolm-to-post-eps-of-0-05/ Sun, 08 May 2022 16:14:43 +0000 https://texansfootballprostore.com/analysts-expect-columbia-sportswear-nasdaqcolm-to-post-eps-of-0-05/ Equity research analysts expect Columbia Sportswear (NASDAQ:COLM – Get Rating) to report earnings per share (EPS) of $0.05 for the current fiscal quarter, reports Zacks Investment Research. Three analysts provided earnings estimates for Columbia Sportswear. The lowest EPS estimate is $0.00 and the highest is $0.10. Columbia Sportswear posted earnings per share of $0.61 in […]]]>

Equity research analysts expect Columbia Sportswear (NASDAQ:COLM – Get Rating) to report earnings per share (EPS) of $0.05 for the current fiscal quarter, reports Zacks Investment Research. Three analysts provided earnings estimates for Columbia Sportswear. The lowest EPS estimate is $0.00 and the highest is $0.10. Columbia Sportswear posted earnings per share of $0.61 in the same quarter last year, suggesting a negative 91.8% year-over-year growth rate. The company is expected to release its next results on Monday, January 1.

According to Zacks, analysts expect Columbia Sportswear to report annual earnings of $5.85 per share for the current fiscal year, with EPS estimates ranging from $5.75 to $6.00. For next year, analysts expect the company to post earnings of $6.43 per share, with EPS estimates ranging from $6.00 to $6.63. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts who provide coverage for Columbia Sportswear.

Columbia Sportswear (NASDAQ:COLM – Get Rating) last announced its results on Thursday, April 28. The textile maker reported earnings per share of $1.03 for the quarter, beating the consensus estimate of $0.85 by $0.18. Columbia Sportswear had a net margin of 11.19% and a return on equity of 19.34%. The company posted revenue of $761.50 million in the quarter, versus a consensus estimate of $762.88 million. In the same quarter a year earlier, the company posted EPS of $0.84. The company’s revenue for the quarter increased 21.7% year over year.

COLM has been the subject of several analyst reports. StockNews.com downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a Friday, April 29 research note. Seaport Res Ptn moved shares of Columbia Sportswear from a “neutral” rating to a “buy” rating in a Friday, January 28 research note. Bank of America downgraded Columbia Sportswear shares from a ‘neutral’ to an ‘underperforming’ rating and lowered its price target for the company from $108.00 to $80.00 in a research note Friday, April 29. TheStreet downgraded shares of Columbia Sportswear from a “b” rating to a “c+” rating in a Thursday, April 28 research note. Finally, Zacks Investment Research downgraded Columbia Sportswear from a “buy” rating to a “hold” rating and set a target price of $92.00 for the company. in a report on Tuesday, April 12. One research analyst gave the stock a sell rating, six gave the stock a hold rating and three gave the stock a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $104.57.

In related news, director Ronald E. Nelson sold 3,706 shares of the company in a trade that took place on Thursday, May 5. The stock was sold at an average price of $80.16, for a total transaction of $297,072.96. Following the sale, the director now directly owns 14,402 shares of the company, valued at approximately $1,154,464.32. The transaction was disclosed in a document filed with the SEC, accessible via this hyperlink. Additionally, director Stephen E. Babson sold 2,568 shares of the company in a trade that took place on Tuesday, May 3. The shares were sold at an average price of $81.14, for a total value of $208,367.52. Following the sale, the administrator now directly owns 112,627 shares of the company, valued at $9,138,554.78. The disclosure of this sale can be found here. Company insiders own 41.15% of the company’s shares.

Hedge funds and other institutional investors have recently changed their stakes in the company. First Manhattan Co. increased its position in Columbia Sportswear by 304.9% in the third quarter. First Manhattan Co. now owns 332 shares of the textile maker worth $31,000 after buying an additional 250 shares during the period. Exchange Traded Concepts LLC acquired a new stake in Columbia Sportswear in the first quarter worth $31,000. Bedel Financial Consulting Inc. increased its position in Columbia Sportswear by 300.0% in the fourth quarter. Bedel Financial Consulting Inc. now owns 400 shares of the textile maker worth $39,000 after purchasing an additional 300 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Columbia Sportswear in the fourth quarter valued at $43,000. Finally, Nisa Investment Advisors LLC acquired a new stake in Columbia Sportswear in the first quarter worth $195,000. 48.65% of the shares are currently held by hedge funds and other institutional investors.

COLM stock traded at $3.44 during Friday’s trading, hitting $76.31. The stock recorded a trading volume of 798,655 shares, compared to an average volume of 382,123 shares. The company’s 50-day moving average price is $88.49 and its two-hundred-day moving average price is $94.29. Columbia Sportswear has a 1-year low of $76.01 and a 1-year high of $109.40. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 13.75, a growth price-to-earnings ratio of 1.61 and a beta of 0.90.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30 per share. This represents an annualized dividend of $1.20 and a dividend yield of 1.57%. The ex-dividend date is Wednesday, May 18. Columbia Sportswear’s dividend payout ratio (DPR) is currently 21.62%.

About Columbia Sportswear (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia Pacific, Europe, the Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

Read more

Get a Free Copy of Zacks Research Report on Columbia Sportswear (COLM)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com



Get news and reviews for Columbia Sportswear Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Columbia Sportswear and related companies with MarketBeat.com’s free daily email newsletter.

]]>
Wall Street is fed up with Under Armour, Nike and Adidas https://texansfootballprostore.com/wall-street-is-fed-up-with-under-armour-nike-and-adidas/ Fri, 06 May 2022 19:30:50 +0000 https://texansfootballprostore.com/wall-street-is-fed-up-with-under-armour-nike-and-adidas/ By Nathaniel Meyersohn, CNN Business Triggered supply chains and a coronavirus outbreak in China are causing headaches for the biggest sports brands. Under Armor fell 25% on Friday after the company posted a $60 million loss in its latest quarter due to supply chain delays and China’s recent Covid-19 lockdowns. Chinese authorities imposed a lockdown […]]]>

By Nathaniel Meyersohn, CNN Business

Triggered supply chains and a coronavirus outbreak in China are causing headaches for the biggest sports brands.

Under Armor fell 25% on Friday after the company posted a $60 million loss in its latest quarter due to supply chain delays and China’s recent Covid-19 lockdowns.

Chinese authorities imposed a lockdown on Shanghai, China’s financial hub, in late March following an increase in coronavirus cases. Although the government started lifting some restrictions last month, more than 8 million residents are still banned from leaving their residential compounds.

Under Armor has warned that pressures in Asia will continue to hurt its business this year.

“These trends, which we believe are temporary, should also impact how [2022] looms,” Under Armor CEO Patrik Frisk said in a conference call with analysts on Friday.

Meanwhile, Adidas also said on Friday that its profits fell last quarter. The sportswear giant reported net profit of $327 million last quarter, down 38% from the same period a year ago.

Adidas said the decline was caused by a “difficult market environment” in China, where sales fell 35%, as well as supply chain disruptions.

“Revenues in Greater China are now expected to decline significantly in 2022,” Adidas said. Shares of the company fell 5% on Friday.

The lackluster results and forecasts from Under Armor and Adidas dragged down other major sportswear brands, including Nike and Lululemon. Nike was down 3% and Lululemon fell 7% on Friday. China is a key market for these companies and their supply chain networks are also heavily dependent on the Asia-Pacific region.

Although these brands have raised their prices to combat rising costs, they say consumers are still eager to buy their equipment.

“The underlying demand for the brand is there. The brand is getting stronger,” said Under Armour’s Frisk.

— Anna Cooban of CNN Business contributed to this article.

The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia company. All rights reserved.

]]>
Fleece Sweaters Market to Record Increased Growth During 2022-2028 ′ HanesBrands, Columbia Sportswear, Marmot, Jack Wolfskin https://texansfootballprostore.com/fleece-sweaters-market-to-record-increased-growth-during-2022-2028-%e2%80%b2-hanesbrands-columbia-sportswear-marmot-jack-wolfskin/ Wed, 04 May 2022 19:22:31 +0000 https://texansfootballprostore.com/fleece-sweaters-market-to-record-increased-growth-during-2022-2028-%e2%80%b2-hanesbrands-columbia-sportswear-marmot-jack-wolfskin/ “Overview of the Sweatshirts Market 2022 This has led to several changes in This report also covers the impact of COVID-19 on the global market. The report offers detailed coverage of the Sweatshirts industry and key market trends. The market study includes historical and forecast market data, demand, application details, price trends, and company shares […]]]>

Overview of the Sweatshirts Market 2022

This has led to several changes in This report also covers the impact of COVID-19 on the global market.

The report offers detailed coverage of the Sweatshirts industry and key market trends. The market study includes historical and forecast market data, demand, application details, price trends, and company shares of major sweatshirts by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

Major Key Vendors of Fleece Sweaters Market are:- Columbia Sportswear, Jack Wolfskin, HanesBrands, Marmot, The North Face, Toread Outdoor, Pelliot, Kailas, Eddie Bauer, Helly Hansen, Black Yak, OZARK, Lafuma, Patagonia, Outdoor Research

Get a Sample PDF Copy of this Sweatshirts Market Report @ https://www.reportsinsights.com/sample/643626

This research report categorizes the global Sweatshirt market by top players/brands, region, type and end user. This report also studies the global Hoodie market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and the distributors.

The main types of products covered are:
Fleece Drop-needle
Embossed Fleece
Jacquard Fleece

The application coverage in the market is:
Men
Women
Kids

Scope of Sweatshirts Market:

ATTRIBUTES DETAILS
YEAR OF REFERENCE 2021
FORECAST YEAR 2022-2028
UNITY Value (million USD/billion)
CAGR Yes (%)
SECTORS COVERED Key Players, Types, Applications, End Users etc.
REPORT COVER Total Revenue Forecast, Company Ranking & Market Share, Regional Competitive Landscape, Growth Factors, Emerging Trends, Business Strategies, etc.
REGIONAL ANALYSIS North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Performance by Region of the Fleece Sweaters Industry

This report studies the global Sweatshirts Market status and forecast, categorizes the global Cable Ducts market size (value & volume) by key players, type, application, and region. This report focuses on top players in North America, Europe, China, Japan, Southeast Asia, India and other regions (Middle East & Africa, Central & South America) .

To obtain this report at a favorable rate. : https://www.reportsinsights.com/discount/643626

The research objectives of this report are:

  • Focuses on the key global Sweatshirts companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent developments.
  • To project the sales value and volume of Sweatshirts submarkets, with respect to key regions.
  • Analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
  • To study and analyze the global Sweatshirts market size (value & volume) by company, key regions, products and end-user, breakdown data for the last five years, and forecast to 2028.
  • To understand the structure of Sweatshirts market by identifying its various subsegments.
  • Share detailed information on key factors influencing market growth (growth potential, opportunities, drivers, industry-specific challenges and risks).

Report Scope: –

The scope of the report combines detailed research of Global Sweatshirts Market 2022 with the apprehension given to the advancement of the industry in certain regions.

The Top Companies Report is designed to provide our buyers with insight into the most influential players in the industry. Also, information about different companies’ performance, earnings, gross margin, strategic initiative and more are presented through various resources such as charts, graphs and infographics.

Access full report description, table of contents, table of figure, chart, etc. @ https://www.reportsinsights.com/industry-forecast/fleece-sweater-market-analysis-by-regions-643626

About Us:

Reports Insights is the research industry leader providing contextual, data-centric research services to clients worldwide. The firm assists its clients in developing business policies and achieving sustainable growth in their respective market area. The industry provides consulting services, syndicated research reports, and custom research reports.

Contact us:

E-mail: info@reportsinsights.com

Sales: sales@reportsinsights.com

]]>
German sportswear company Puma reports a 19.7% increase in sales in the first quarter of FY22 https://texansfootballprostore.com/german-sportswear-company-puma-reports-a-19-7-increase-in-sales-in-the-first-quarter-of-fy22/ Tue, 03 May 2022 06:22:21 +0000 https://texansfootballprostore.com/german-sportswear-company-puma-reports-a-19-7-increase-in-sales-in-the-first-quarter-of-fy22/ Puma, one of the world’s leading sportswear brands, reported a 19.7% increase in sales to 1,912.2 million euros in the first quarter (Q1) of fiscal 2022. The result operating income increased to €196 million from €154.3 compared to the first quarter of the previous year. Puma’s wholesale sales increased by 23.3% to 1,528.2 million euros […]]]>
Puma, one of the world’s leading sportswear brands, reported a 19.7% increase in sales to 1,912.2 million euros in the first quarter (Q1) of fiscal 2022. The result operating income increased to €196 million from €154.3 compared to the first quarter of the previous year.

Puma’s wholesale sales increased by 23.3% to 1,528.2 million euros and the direct-to-consumer business increased by 7.1% to 384 million euros.

The increase was led by strong sales in the United States with growth of 44.1% and sales in the Middle East and Africa (EMEA) increased by 25.5%. All product divisions experienced double-digit growth. Footwear increased by 18.2%, clothing by 16% and accessories sales reached 32.2%. Growth was driven by strong demand for the company’s performance categories like running and training, team sports, golf and basketball, and the sportstyle category.

Sales of the German brand Puma increased by 19.7% to 1,912.2 million euros in the first quarter (Q1) of the financial year 2022. The operating result increased to 196 million euros against €154.3 in the first quarter of the previous year. Puma’s wholesale sales increased 23.3% to €1,528.2 million and direct-to-consumer business increased 7.1% to €384.0 million.

“We had the highest growth rates in performance categories such as running, football, basketball and golf, confirming that our investments in innovation and marketing are paying off. “, Bjorn Gulden, CEO of Puma said in a statement.

Gross profit margin fell to 47.2% and net profit increased from 109.2 million euros to 121.4 million euros in the first quarter of 2022.

“Based on such a strong first quarter, we would normally raise our outlook for the full year. The COVID-19 outbreak in China, the crisis in Ukraine, a very tight freight situation and pressures Inflationary pressures are all uncertainties that require us to remain very flexible and manage our business as best we can in the short term without hampering PUMA’s medium-term momentum going forward.We are seeing further upside on the revenue side, but also increased pressure on our OPEX and gross margin due to all the uncertainties,” Gulden added.

Puma expects operating income of between 600 and 700 million euros and sales growth of at least 10% in the 2022 financial year.

Fibre2Fashion News Office (HO)

]]>
Columbia Sportswear (NASDAQ:COLM) rating lowered to hold at StockNews.com https://texansfootballprostore.com/columbia-sportswear-nasdaqcolm-rating-lowered-to-hold-at-stocknews-com/ Sat, 30 Apr 2022 14:22:49 +0000 https://texansfootballprostore.com/columbia-sportswear-nasdaqcolm-rating-lowered-to-hold-at-stocknews-com/ StockNews.com cut shares by Columbia Sportswear (NASDAQ:COLM – Get Note) from a buy rating to a hold rating in a research report released Friday morning. A number of other stock analysts have also recently released reports on the stock. Wolfe Research cut shares of Columbia Sportswear to a neutral rating in a Tuesday, Jan. 4, […]]]>

StockNews.com cut shares by Columbia Sportswear (NASDAQ:COLM – Get Note) from a buy rating to a hold rating in a research report released Friday morning.

A number of other stock analysts have also recently released reports on the stock. Wolfe Research cut shares of Columbia Sportswear to a neutral rating in a Tuesday, Jan. 4, research report. CL King upgraded shares of Columbia Sportswear to a Buy rating and set a target price of $117.00 on the stock in a research note on Friday, February 4. Zacks Investment Research cut shares of Columbia Sportswear from a buy rating to a hold rating and set a target price of $92.00 for the company. in a report on Tuesday, April 12. Bank of America downgraded shares of Columbia Sportswear from a neutral to an underperforming rating and lowered its price target for the stock from $108.00 to $80.00 in a research note on Friday. Finally, Robert W. Baird lowered his target price on Columbia Sportswear shares from $110.00 to $100.00 in a research report on Friday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned the company’s stock a buy rating. According to data from MarketBeat, Columbia Sportswear currently has a consensus rating of Hold and an average target price of $104.57.

NASDAQ:COLM opened at $82.16 on Friday. Columbia Sportswear has a one-year low of $80.02 and a one-year high of $110.44. The company has a 50-day moving average of $89.68 and a 200-day moving average of $94.84. The company has a market capitalization of $5.17 billion, a PE ratio of 14.80, a PEG ratio of 1.67 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM – Get Rating) last announced its quarterly results on Thursday, April 28. The textile maker reported EPS of $1.03 for the quarter, beating the Zacks consensus estimate of $0.85 by $0.18. Columbia Sportswear had a net margin of 11.33% and a return on equity of 18.64%. The company posted revenue of $761.50 million for the quarter, compared to analysts’ expectations of $762.88 million. During the same period a year earlier, the company posted EPS of $0.84. Columbia Sportswear revenue increased 21.7% compared to the same quarter last year. As a group, equity research analysts expect Columbia Sportswear to post earnings per share of 5.76 for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 18. This represents a dividend of $1.20 on an annualized basis and a yield of 1.46%. Columbia Sportswear’s dividend payout ratio (DPR) is currently 21.62%.

Several hedge funds have recently increased or reduced their holdings in the stock. Atlanta Capital Management Co. LLC increased its holdings of Columbia Sportswear stock by 3.5% during the fourth quarter. Atlanta Capital Management Co. LLC now owns 3,104,900 shares of the textile maker worth $302,541,000 after purchasing an additional 104,451 shares during the period. JPMorgan Chase & Co. increased its position in Columbia Sportswear by 36.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,374,952 shares of the textile maker worth $133,975,000 after buying an additional 366,034 shares last quarter. Invesco Ltd. increased its position in Columbia Sportswear by 2.2% in the third quarter. Invesco Ltd. now owns 1,362,159 shares of the textile maker worth $130,550,000 after buying 29,946 additional shares last quarter. Boston Trust Walden Corp increased its stake in Columbia Sportswear by 64.9% in the 1st quarter. Boston Trust Walden Corp now owns 965,434 shares of the textile maker worth $87,401,000 after buying an additional 380,140 shares in the last quarter. Finally, State Street Corp increased its stake in Columbia Sportswear by 2.7% in the 4th quarter. State Street Corp now owns 930,428 shares of the textile maker worth $90,661,000 after buying an additional 24,224 shares in the last quarter. Hedge funds and other institutional investors hold 53.95% of the company’s shares.

About Columbia Sportswear (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

Further reading

Analyst Recommendations for Columbia Sportswear (NASDAQ:COLM)



Get news and reviews for Columbia Sportswear Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Columbia Sportswear and related companies with MarketBeat.com’s free daily email newsletter.

]]>