Wolverine Worldwide said revenue and earnings would land at the top end of its guidance for the current year, and issued guidance for the current year, calling for EPS between $1.95 and $2.05, ahead of Wall Street’s consensus estimate of $1.90.
Dick’s Sporting Goods’ Keri L. Jones, executive vice president and chief merchant, plans to resign from her position, effective February 9, in order take over as CEO of Christopher & Banks. At the time, Dick’s will not be replacing Jones as chief merchant. Core merchandising functions will report directly to chairman and CEO Ed Stack.
The founder of Perry Ellis International, George Feldenkreis, is seeking to acquire the apparel company for $430 million with a plan to take the company private.
New Balance announced the launch of “Fearlessly Independent Since 1906,” its new inspirational global brand communication platform that reflects the heritage and non-conventional values of the global sports company.
Timed to the Pyeongchang Olympics, Dick’s Sporting Goods launched a “United In Sport” campaign that shows “the transcendent power of sport throughout history, and highlights moments when humanity is at its best, showcasing the unbreakable power sport has in binding us together.”
In the wake of the loss of CEO Pierre Agnes, Boardriders Inc. appointed Dave Tanner, current chief turnaround officer, to CEO. Thomas Chambolle, current global chief financial officer, will assume the additional responsibilities of interim president of EMEA effective immediately.
Nike announced new partnerships with Apple Music, Headspace and ClassPass that provides NikePlus members with access to music, guided meditation and fitness classes.
Newell Brands confirmed that it has received notice from Starboard Value and Opportunity Master Fund Ltd. of its intention to nominate 10 candidates to stand for election to the Newell Brands Board of Directors at the company’s 2018 Annual Meeting of Shareholders.
Intersport, the world’s leading sporting goods retailer, reported retail sales increased worldwide by 3.3 percent in 2017 from €11.1 billion to €11.5 billion. Currency-adjusted growth was 3.8 percent.
Callaway Golf Company reported slightly widened loss in the fourth quarter, but it was better than the company’s guidance. Sales expanded 17 percent due to continued success of the EPIC driver and fairway woods and the acquisitions of OGIO and TravisMathew.
Patagonia will launch a new digital platform, called Patagonia Action Works, to help Patagonia customers learn more about local environmental issues and how to get involved with events, petitions, fundraising and volunteering time and skills.
The University of Central Arkansas (UCA) Athletic Department announced that it has entered into a five-year partnership with Nike through BSN Sports. The agreement, which will commence on June 1, 2018 is part of BSN Sports Collegiate Select program, which aims to make BSN Sports a one-stop provider for all collegiate athletic, intramural, club and staff apparel and equipment to all D1, D2, D3 and NAIA schools.
Zound Industries and Adidas have entered into a licensing agreement for audio products. The partnership, stretching until 2024, will see the first headphone products hit the market in 2019.
GOAT, the world’s leading digital sneaker marketplace, announced a merger with sneaker consignment pioneer Flight Club. The merger brings together two leading brands in the sneaker space.
LVHM Luxury Ventures has formed a “partnership” with Stadium Goods, the New York City-based sneaker consignment giant.
The National Retail Federation expects retail sales to grow between 3.8 and 4.4 percent in 2018. Online sales are expected to climb between 10 and 12 percent.
Canada Goose Holdings announced that Jonathan Sinclair, formerly from Jimmy Choo, will succeed John Black as chief financial officer and executive vice president. Black plans to retire.
Alterra Mountain Company, the owners of Steamboat, Deer Valley, Mammoth Mountain, Squaw Valley and several other resorts, announced the appointment of Rusty Gregory as chief executive officer.
Vans hired Erwin Federizo as global executive creative director. Joyce Ha will oversee global men’s apparel and accessories merchandising as well as Vans’ Active merchandising and design.
Toad&Co, the lifestyle company inspired by the outdoors, announced the addition of Kyle Boettcher to its senior leadership team as vice president of product and merchandising.
Fjällräven, the Swedish heritage outdoor brand, appointed Nancy Blanchard as director of marketing.
Crosman Corporation announced that Kurt Worden has joined the company as director of sales for LaserMax Products.
TRX, the developer of functional training equipment, education and technology, announced Olivier Ciaravino as vice president, international.
The Buckle appointed Kari G. Smith, its EVP of stores, to its board
Sequential Brands Group announced a multi-year partnership with NBA legend Kevin Garnett as the creative director and global brand ambassador for AND1.
Shock Doctor, the leading mouthguard supplier, announced a collaboration with Kickasso Kustoms, the renowned artist known for one-of-a-kind designs with top professional athletes and celebrities.
Surf9 LLC, a multiple licensee of Body Glove International, the watersports and lifestyle brand, announced that Brad Gruber has joined Surf 9 as president of its footwear division.
Zumiez said it now expects fourth quarter 2017 earnings per share to be toward the high end of its most recent guidance after reporting a same-store gain of 6.3 percent for January.
In an internal voting process, a majority of members of the European Outdoor Group (EOG) have voted to hold the OutDoor trade show in Munich starting in 2019. In full independence and with support from numerous major industry players, the show organizers will be holding a new version of the trade show in Friedrichshafen in 2019.
L.L. Bean says it will start sewing in sensors inside its products to track how customers use the items in a pilot test, according to the Wall Street Journal. This information would be fed into a blockchain and then anonymized for later use.
Cabela’s and Bass Pro Shops, together with The Harry & Reba Huge Foundation, will be awarding $40,000 in scholarships to four female graduates of Nebraska or Missouri Ozarks region high schools this spring.
The Outdoor Retailer + Snow Show, which debuted for the first time this year in its new home in Denver, drew over 29,000 total attendees, with more than 7,500 verified retail buyers from 60 countries joined with over 1,000 brands for four days.
KT Tape, category leader in kinesiology taping products, announced the signing of soccer player Rose Lavelle as an athlete ambassador.
Off Broadway Shoe Warehouse launched the Puma Shop–a concept that is exclusively available at the footwear retailer’s Los Angeles location.
Photo courtesy New Balance
