Billabong will take an Australian $11.7 million write-off to cover the termination of a service provider engaged to integrate its wholesale, retail stores, e-commerce and social media platforms online.
Bass Pro agreed to pay $10.5 million to settle a nationwide class action case over minority hiring brought by the Equal Employment Opportunity Commission.
Adidas entered into a definitive agreement to sell its CCM ice hockey brand to Canada’s Birch Hill Equity Partners for a total consideration of $110 million
Birkenstock sent an e-mail to its retail partners threatening to cut them off from receiving Birkenstock if they resell product through Amazon’s new third-party purchasing program.
Sequential Brands Group, the parent of Avia, AND1 and Heelys. reported total revenue for the second quarter ended June 30 increased 23 percent while showing a profit against a year-ago loss.
Unifi Inc. reported earnings dipped 4.9 percent in its fourth quarter ended June 25 due to higher administrative expenses while revenues grew 4.5 percent.
L.L. Bean is shifting away from traditional direct mail print marketing toward digital and TV channels starting with its new “Be an Outsider” campaign.
Heat Factory USA secured an exclusive license to ThermaCELL Heated Products patented technology in the U.S. and Canada and will assume the day-to-day management of ThermaCELL’s existing heated products business.
O2Cool, the manufacturer of hydration, portable cooling, and patio, pool and beach products, has acquired Bobble, part of the Seventh Generation family of household and personal care brands owned by Unilever.
Vicis partnered with Oakley on the launch of the Vicis Edge Shield by Oakley, developed exclusively for the Vicis Zero1.
Moody’s Investors Service upgraded the Corporate Family Rating (CFR) of Caleres Inc., formerly known as Brown Shoe, to Ba3 from B1.
Aetrex Worldwide Inc. officially re-launched Foot.com with the purpose of establishing the most comprehensive forum for updated information on foot health available on the web.
VF Corp. announced that Eric C. Wiseman will retire as executive chairman of the board and as a director effective October 28, 2017.
ING Source has named Josh Higgins as the new president of the sports and medical compression bracing company that makes and markets OS1st Base Layer Bracing products.
MidwayUSA promoted Dan Stokes to the position of development operations manager.
Duluth Holdings Inc. announced that Dave Loretta has been appointed SVP and CFO. Loretta will succeed retiring CFO Mark DeOrio.
Fanatics partnered with Clemson Athletics and Kansas City Chiefs to run their team’s e-commerce platforms.
Mavic renewed its long-term partnership of the Tour de France through 2022.
The University of Connecticut extended its sponsorship agreement with Nike through the 2022-23 academic year.
Fleet Feet Sports announced the opening of a new Fleet Feet Sports location in Fort Myers, FL.
A study from researchers at Boston University found CTE in 99 percent of brains obtained from National Football League (NFL) players, as well at 91 percent of college football players and 21 percent of high school football players.
SFIA selected the following 10 companies to highlight their innovative, new-to-market products at the SFIA Innovative Product Showcase: Amer Sports, Brooks Running, Hyperwear, ONX, Rawlings, RecoverX, RhinoB, Rhone, Superfeet and United Sports Brands.
Vail Resorts committed to zero net emissions by 2030, zero waste to landfill by 2030 and zero net operating impact to forests and habitat.
The Outdoor Industry Association (OIA) released the state-level Outdoor Recreation Economy Report featuring economic data for all 50 states across the United States, the largest and most comprehensive state-by-state report of its kind.
The Outdoor Alliance and Outdoor Industry Association in a joint-statement commended Congress on the introduction of the Recreation-Not-Red-Tape Act to support national public lands.
Photo courtesy Billabong
