Kohl’s Inc. reported earnings on an adjusted basis grew 12.3 percent in the fourth quarter to easily top Wall Street’s targets. Sales were down 10.1 percent.
Month: March 2021
Nike’s GM North America Exits
Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1.
ISSA Acquired By Private-Equity Firm
Tailwind Capital has closed on its acquisition of the International Sports Sciences Association (ISSA), the eLearning platform for the fitness and wellness industry.
Gaia’s Q4 Revenues Climb 27 Percent
Gaia Inc. reported revenues in the fourth quarter increased 27 percent to $18.6 million from $14.7 million in the year-ago quarter. This was primarily due to growth in members and an increase in average revenue per member.
Compass Diversified Announces Proposed Private Offering Of $750 Million Of Notes
Compass Diversified (CODI) said it intends to commence an offering of $750 million of senior unsecured notes due 2029 in a private offering.
Primus ‘Service For a Reason’ Initiative Offers Free Replacement Parts To Reduce Environmental Footprint Of Backpacking And Multi-Fuel Stoves
In an effort to combat overconsumption in the outdoor industry and its associated environmental impacts, Primus announces its Service For a Reason initiative to provide free repair parts for select Primus stoves this spring. The campaign centers around a design philosophy that Primus has followed for nearly 130 years: maintaining and caring for your gear […]
Klättermusen SS21 Hiking And Trekking Collection Offers Water/Windproof Fabric Innovations
Klättermusen launched its SS21 collection designed for the experienced outdoor explorer and day-hiker. New styles place an emphasis on hiking and trekking with key design and fabric advancements. A new lightweight version of its proprietary wind and waterproof Cutan has been incorporated this season, plus the collection features its light, strong and waterproof Retina fabric […]
Solo New York Wins SEAL Business Sustainability Award
Solo New York announced it received the 2020 SEAL Business Sustainability Award which celebrates leadership, transparency and commitment to sustainable business practices. Solo was awarded the SEAL Environmental Initiative Award for its Re:cycled collection of bags made from respun ocean-bound plastic, and for additional sustainability programs across the company. The Environmental Initiative Awards honor specific […]
Igloo Celebrates Playmate Cooler’s 50th Anniversary With Design Revival And Documentary
This year marks the 50th anniversary of the Igloo Playmate cooler. Igloo is celebrating by bringing back the Little Playmate design and premiering a short documentary-style film called “The Birds & The Beers: A Playmate Origin Story,” depicting the Playmate’s journey from concept to becoming “America’s lunchbox” and the bestselling cooler design of all time. […]
Inside The Call: Fox Factory’s Bike Segment Scores Highest Quarterly Revenue
Fox Factory Holding Corp. reported sales at Specialty Sports Group (SSG), its cycling component division, rose 44.6 percent in the fourth quarter, marking SSG’s best quarter to date for revenue. Officials were also bullish on continued robust segment growth in 2021 while citing supply chain risks.
NOBULL, CrossFit Ink Three-Year Games Title Sponsor, Apparel, Footwear Deal
CrossFit announced NOBULL will replace Reebok as title sponsor of the CrossFit Games and Official Footwear and Apparel Sponsor of CrossFit.
Tonal To Open Shops Inside Nordstrom
Tonal has partnered with Nordstrom to open 40 Women’s Active departments featuring the smart home gym in 40 Nordstrom locations. The introduction is part of a bigger push by Nordstrom into the active lifestyle space.
Dick’s SG Announces Grand Opening Of Four Stores In March
Dick’s Sporting Goods will expand its footprint with the opening of three Dick’s Sporting Goods locations and one Warehouse Sale location in March.
Camping World To Acquire Triple A RV Center
Camping World Holdings Inc. announced that an agreement has been signed to acquire Triple A RV Center in Medford, OR. The acquisition is anticipated to close in March.
Berkshire Hathaway Sees 6 Percent Decline In Apparel/Footwear Sales In 2020
Berkshire Hathaway reported apparel and footwear revenues declined 6.1 percent in 2020 compared to 2019.
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