Shimano Inc. reported sales increased 7.1 percent in the first half ended June 30 to ¥174.7 billion. Operating earnings grew 11.9 percent to ¥34.5 billion while net income increased 48 percent to ¥27.7 billion.
Implus announced the acquisition of substantially all of the assets of Pro Performance Sports LLC d/b/a SKLZ, a leading provider of multisport athletic performance and skill development training products. SKLZ will propel Implus into the sporting goods category and further expands the company’s fitness division.
Hanesbrands said Champion sales grew 18 percent in the second quarter to drive a 4 percent sales increase. But the company announced that Champion and Target Corporation will not renew their contract for an exclusive line of C9 by Champion activewear apparel when the current contract expires at the end of January 2020.
Retail industry employment in July increased by 66,000 jobs unadjusted over the same time last year showing on-going industry growth, the National Retail Federation said Friday.
Snowsports Industries America (SIA), the non-profit trade association for the winter sports industry, and Western Winter Sports Representatives Association (WWSRA) have announce the new dates of the 2019 SIA/WWSRA On-Snow demo. The event will take place February 4-5, 2019, at Copper Mountain, CO.
Filson will open the company’s first store in Boston in the Seaport District. The new 3,177-square-foot store at 52 Seaport Blvd. will open on August 16.
OluKai announced the company’s continued partnership of the REI Outessafest, two one-day immersive festivals designed to inspire women and connect them with the outdoors, adventure and music.
Thorlo will place “Guaranteed for Your Lifetime” on the company’s packaging, effective September 1.
Skullcandy said pro surfer and musician Conner Coffin has been inducted to the company’s ambassador program.
NRF President and CEO Matthew Shay issued a statement about tariffs affecting the retail industry: “Tariffs are an unacceptable gamble with the U.S. economy, and the stakes continue to rise with no end in sight.”
Charlesbank Capital Partners announced that the group has acquired the assets of The Rockport Group in bankruptcy proceedings.
Audax Private Equity partnered with management to acquire Revolution Dancewear, a leading global supplier of dance recital costumes, competition costumes, footwear and dancewear.
Norwest Equity Partners (NEP) has made a significant investment in Wahoo Fitness, a technology-focused fitness company that specializes in smart training products such as indoor bike trainers, GPS bike computers, apps and sensors for cyclists, runners and fitness enthusiasts.
SFIA announced the association’s 2018 Future Industry Leaders Scholars. Winners include Jordan Buchsbaum (sports marketing manager, Under Armour), Doug Buser (senior director of marketing & business development, Volt Athletics), Ben Connery (director of specialty sports, BSN Sports), Michael Lysaught (strategic account manager, SKLZ), Karen Menez (director of communications, Asics America) and Gabe Nagelkirk (senior product manager, Xenith).
The English Football Association has entered into a partnership with British football equipment manufacturer Mitre, which replaces Nike.
Allbirds announced that that Academy Award-winning actor and environmental activist Leonardo DiCaprio has become the company’s latest investor.
RYU Apparel Inc., creator of urban athletic apparel, announced the opening of the company’s first U.S. retail store and the debut of ‘Your Universe’ campaign.
Unifi Inc. announced the election of Eva Zlotnicka to the board of directors.
Fox Factory Holding Corp. on Thursday reported adjusted net income of $21.9 million, or earnings of 56 cents per diluted share, compared to $15 million, or 39 cents earnings per diluted share, in the same period last fiscal year. The company reported that sales increased 29.8 percent to $156.8 million from $120.8 million in the same period last fiscal year.
Visalia Unified School District announced the district will equip varsity football programs at all four of the district’s high schools with the Vicis Zero1 helmet for the 2018 football season.
Adidas AG has agreed to settle the company’s $54 million claim in the bankruptcy case of Rockport for $8 million.
Alta Gracia, a certified Living Wage apparel company, announced the company’s recent acquisition by Atlanta-based investment group AG Triada, along with lead investor TripleStone Partners. Alta Gracia designs and manufactures athletic lifestyle products licensed for collegiate and professional sports.
In spring 2019, outdoor co-op REI will open a new store in Grand Rapids, MI, the state’s second-largest city.
Outdoor filmmakers Tom Deschenes and Andrew Bydlon have launched a Kickstarter to fund the completion of their documentary film titled “7 Generations.”
Gander Outdoors, formerly known as Gander Mountain, is now open in Tampa and Pensacola, FL.
Outdoor adventure and travel media platform Outdoor Project—found online at outdoorproject.com—publicly shared the growing excitement generated from the launch of Women in the Wild 2018.
Big City Mountaineers (BCM), a provider of life-changing wilderness experiences to under-resourced youth, on Tuesday announced the group’s partnership with Backpacker Magazine for the inaugural National Summit Day on Aug 4.
California-based eyewear brand Raen has announced plans to further expand the company’s global footprint with the formation of Raen Optics GmbH, or Raen Europe. The new division will be led by Christian Grund, the founder of Raen’s former European eyewear distributor, Eyegents.
PVH Corp. announced a new campaign for the company’s Van Heusen brand, which includes a partnership with UFC, the mixed martial arts organization.
ClassPass, the fitness membership subscription service, announced ClassPass Go, an app offering high-energy, guided classes from top trainers set to motivating music.
Aramark, a leader in food, facilities management and uniforms, announced the launch of the Aramark FlexFit performance uniform line featuring light-weight fabrics and inspired by the athleisure trend.
MGM Resorts International and the National Basketball Association (NBA) on Tuesday announced a new multi-year partnership that will make MGM Resorts the official gaming partner of the NBA and WNBA.
The North Face announced the appointment of Kelly Cortina as vice president of global product and Darren Cookson as global vice president of merchandising for The North Face, effective immediately.
Buck Knives has announced that Lindsey Phelps has joined the company as international sales manager.
According to Golf Datatech, golf rounds played were down 1.2 percent in June compared to the same month a year ago.
Bass Pro’s Outdoor World in Rogers, AR, will undergo an extensive renovation to feature Bass Pro Shops, Cabela’s and Tracker Boats together under one roof for the first time.
Bass Pro Shops plans this fall to open the company’s first store since the closing of the merger with Cabela’s. The new Outpost in Halifax, Nova Scotia, will feature dedicated sections for Bass Pro, Cabela’s and Tracker Boats.
Marucci Sports has inked a deal to become the official baseball equipment provider to Louisiana State University.
Adrienne Lofton, who has served as Under Armour’s SVP for global brand management since 2015, has resigned from the company, according to reports from Adweek and Advertising Age.
The Woolmark Company and Adidas have announced the 10 finalists for the inaugural Woolmark Performance Challenge.
Klean Kanteen signed with Shinmyung Glovix distributor in South Korea to help retain and grow one of the company’s largest markets in Asia.
Living close to nature and spending time outside has significant and wide-ranging health benefits, according to new research from the University of East Anglia.
Swatch has become a presenting partner of the Vans US Open of Surfing, one of the world’s largest surf competitions and action sport festivals.
Otis Technology announced three recent promotions within the sales and marketing teams. Francis Devlin has been promoted to vice president of business development, Tom Knudtson to director of commercial sales and Heather Pleskach to director of marketing.
In the most recent lodging data for the Southeast released last week by Vermont-based Inntopia in their DestiMetrics Monthly Market Briefing, participating destination communities at seven resorts in four southeastern states including South Carolina, Florida, Georgia and Alabama are maintaining consistent occupancy and revenues for both the month of June and the full summer season.
Fila has extended the company’s sponsorship agreement with the Western & Southern Open, an ATP World Tour and WTA combined tennis event to be held August 11-19, 2018 at the Lindner Family Tennis Center, just north of Cincinnati.
TRT Holdings Inc., the majority shareholder of Gold’s Gym since 2004, said the company will put the iconic fitness brand up for sale to focus more on the company’s core business.
Sportsman’s Warehouse will return to Coon Rapids in Minnesota with a grand opening celebration August 2-4, 2018.
The Women’s National Basketball Association (WNBA) signed a league-wide footwear deal with Puma. The deal represents Puma’s first with a professional sports league.
361 Degrees has added industry veteran, Isaac “Ike” Alvear to the team as head of sales.
Photo courtesy Shimano
