Shares of Vail Resorts Inc. climbed $11.23, or 5 percent, to $234.48 on Monday, giving the company a much-needed rebound after last week’s nearly 20 percent selloff—the largest since the company went public in 1997—on its widened loss and revenue miss in the fiscal first quarter.
Month: December 2018
Report: Under Armour Ousts Ryan Kuehl And Walker Jones
Ryan Kuehl, Under Armour’s SVP of global sports marketing, and Walker Jones, the brand’s senior director of sports marketing, both left the company last week following an internal review of their department’s spending, according to the Wall Street Journal. The exits come after reports of a past practice of letting employees expense strip club visits.
Life Time Opening Doors To Everyone this January 1 For Commitment Day
On January 1, 2019, Life Time is opening its doors to the community to help people overcome those hurdles and achieve their 2019 goals. First launched by Life Time in 2013, Commitment Day 2019 events will be held at all 141 destinations in the United States and Canada.
Blink Fitness Partners With Precor
Blink Fitness has partnered with Precor in a deal that will allow both companies to continue redefining the fitness industry. Beginning with the grand opening of Blink Burbank in late December, all new Blink Fitness gyms will be exclusively outfitted with state-of-the-art Precor equipment that includes cardio, strength, functional fitness equipment, and connected solutions.
Minor League Baseball and Allegiant Launch Credit Card Partnership
Minor League Baseball (MiLB) and Allegiant on Monday announced the launch of a groundbreaking credit card partnership, the first-of-its-kind between a sports property and airline. The agreement is an expansion of the current partnership between MiLB and Allegiant and will provide a compelling platform for bringing fan engagement and rewards to new heights.
STATS Hires New Director of Sales
STATS, the worldwide leader in sports data and intelligence, announced the hire of Derk Osenberg as director of sales.
Johnson Outdoors Post Record Year, Sees Tariffs Weighing On 2019
Ending with a solid fourth quarter, Johnson Outdoors logged record results in its fiscal year ending September 30, thanks to its fishing business. But the company warned that tariffs could negatively impact profits in the range of $6 million to $9 million in fiscal 2019.
U.S. Fashion Industry To Testify on U.S.-Japan Trade Negotiating Objectives
United States Fashion Industry Association (USFIA) President Julia K. Hughes on Monday will testify during the Office of the U.S. Trade Representative’s public hearing on the negotiating objectives for a U.S.-Japan Trade Agreement, taking place at the U.S. International Trade Commission.
United Nations Launches Fashion Industry Charter for Climate Action With Schoeller As Founding Signatory
Under the auspices of UN Climate Change and in alignment with the Paris Agreement, Schoeller, along with other leaders of the global fashion sector, has agreed to collectively address the climate impact of the fashion industry across its entire value chain by signing the UN Charter for Climate Action.
Jimmy Terry Promoted To PGA Senior Director Of PGA Golf Properties
Jimmy Terry, who has served more than five years as general manager of PGA Golf Club and steered its resurgence by leading the facility’s highly acclaimed golf course and clubhouse renovations, has been promoted to senior director of PGA Golf Properties.
GoPro Plans To Move US-Bound Camera Production Out Of China
GoPro Inc. on Monday announced that it plans to move most of its U.S.-bound camera production out of China by the summer of 2019 to mitigate the potential impact of inclusion on any new tariff lists. International-bound camera production will remain in China.
U.S. Secretary of Transportation Elaine Chao To Deliver CES 2019 Keynote
The Consumer Technology Association (CTA) announced U.S. Secretary of Transportation Elaine L. Chao will deliver a keynote at CES 2019 focusing on the future of drones and self-driving technology and how they will revolutionize transportation.
Puma Takes Lead In Fighting Climate Change
In anticipation of the UN Climate Change Conference in Katowice, Poland, Puma played an active role in developing the Fashion Industry Charter for Climate Action by leading working groups and encouraging industry peers and partner vendors to join the initiative. The fashion industry’s charter presented at the conference on Monday. The latest reports by the […]
Report: Investor Fervor For Scooter Rentals Dims
Bird Rides and Lime, two of the leaders in the shared electric scooters space, have reduced their fundraising ambitions due to investor concerns over durability, vandalism, regulatory hurdles and heightened competition, according to a report in the Wall Street Journal.
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