River's End Trading Company has named Bret Slane senior vice president, chief merchandising officer of River's End Trading Company and Page and Tuttle…
Year: 2014
Lululemon Cuts 2014 Guidance as Sales Weaken
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b
Lululemon CFO to Retire
Lululemon Athletica Inc. CFO John Currie has notified the company of his plans to retire by the end of the fiscal year. Lululemon will hire an executive search firm to find his replacement…
GoPro IPO Focusing on $3 Billion Valuation
GoPro Inc expects to raise up to $427.2 million in its initial public offering, according to an updated filing with the Securities & Exchange Commission. The company said it plans to offer 17.8 million Class A shares priced between $21 and $24 each…
New Balance Introduces Authors Collection
New Balance is introducing a series of sneakers for their “Made in USA” collection that pays tribute to some of the greatest American novels ever written. Specific color combinations and choice materials will tell the story behind each shoe…
Fox Head Inc. Names Millenacker as GM for US
Fox Head Inc. has named Michael Millenacker as general manager, USA. Millenacker will be assuming the leadership and management of all Fox US Business and will be reporting directly to Nick Adcock, CEO…
Black Diamond Given Year to Appoint More Independent Directors or Lose NASDAQ Listing
Black Diamond Inc. has been given a year to appoint a majority of independent directors to its board or risk losing its listing on the NASDAQ following shareholders' election last week of six company nominated directors…
Trek Says Bike Featuring New Suspension Technology Headed to Dealers
Trek said a new suspension technology developed over the last five years in partnership with Penske Racing Shocks and Fox will become available at retail later this summer when its all-new Fuel EX 27.5 mountain bikes reaches dealers…
L.L. Bean to Reopen Pop-up Shop in Natick Mall
L.L. Bean will be reopening its Natick Mall pop-up shop in Massachusetts June 30. The retailer opened its first-ever pop-up store in Natick for the 2013 holiday season activity at the kiosk-type shop exceeded expectations…
SFIA State of the Industry Report: Technology Driving Product Interest and Sales
Technology in sports and fitness products continues to be a growth driver for the industry, according to the latest State of the Industry Report published by the Sports & Fitness Industry Association (SFIA). Acquiring new technology (40 percent) ranked se
Gander Mountain Coming To Myrtle Beach
Gander Mountain plans to open a store in Myrtle Beach, SC, in fall 2014…
West Coast Strike Could Trigger Surcharges by Container Lines
At least three major container shipping lines would be allowed to impose a surcharge to handle cargo if labor related unrest causes congestion at West Coast ports next month, according to a trade alert Outdoor Industry Association issued to its members We
Adidas Partners with Bluesign Technologies
The Adidas Group announced a strategic partnership with Swiss company Bluesign Technologies to further drive sustainable solutions in its global supply chain…
Lululemon Founder Chip Wilson Blasts Company’s Board for Short-term Focus
Lululemon Athletica Inc.'s Founder and largest shareholder Chip Wilson announced Wednesday that he voted against the re-election of two directors to the company’s board, arguing their focus on short-term results was coming “at the expense of pr
FN Manufacturing, FNH USA to Consolidate Operations into FN America
Herstal Group CEO Philippe Claessens has announced the decision to consolidate FN Manufacturing, LLC in Columbia, SC and FNH USA, LLC in McLean, VAP into a single entity, FN America, LLC…