Jake Burton Carpenter, the owner of Burton Snowboards and a snowboarding pioneer, passed away at the age of 65. Read more
Thule Group announced Friday it is starting a significant expansion of its operations in Hillerstorp, Sweden. New buildings and facilities will be built to make room for an expanded global development and test center. At the same time, the production facility for roof racks is being expanded. Read more
After 10 years, Alistair Cameron, CEO, Asics EMEA region, has decided to leave the company. On November 20, Carsten Unbehaun became the new CEO of Asics EMEA. Read more
Goat, the sneaker reseller marketplace, launched an official partnership with the Brooklyn Nets for the 2019/20 season that will include Goat-branded arrival paths for home and away teams, content, signage, and more. Read more
Momentous, the performance nutrition company based in Jackson Hole, WY, closed $5 million in Series A funding led by Los Angeles based firm FitLab, an investment fund focused on advancing human performance. Momentous joins a select group of performance brands in the FitLab portfolio, such as Laird Hamilton and Gabrielle Reece’s XPT and leading digital fitness platform Freeletics. Read more
Toms released its 2019 Impact Report. The report provides a comprehensive overview of their giving, including 96.5 million lives impacted, since the brand was founded thirteen years ago. Read more
Ross Stores, Inc. reported earnings per share for the third quarter ended November 2, 2019, up $1.03 from $.91 last year and ahead of Wall Street’s consensus estimates of 97 cents a share. Net earnings grew 9.8 percent. Read more
Scarpa NA has recalled its Maestrale RS and Maestrale Men’s Ski Boots because the ski boot shell can crack, posing a fall hazard and risk of injury to the consumer. Read more
Nordstrom Inc. on Thursday reported earnings per diluted share of 81 cents for the third quarter ended November 2, beating Wall Street’s estimates by 16 cents. Total company net sales decreased 2.2 percent to $3.7 billion in Q3, improving by more than 200 basis points from the first half of 2019 and ahead of targets by $10 million. Read more
Callaway Golf Co. on Thursday announced that it has increased the size of the company’s board of directors from 10 to 11 members and that Scott H. Baxter has been appointed to the board. Read more
The recreational fishing and boating community Thursday praised the Senate introduction of the DESCEND Act of 2019 by U.S. Senators Bill Cassidy R-LA and Doug Jones D-AL. Read more
REI Co-op will open a new store in Pigeon Forge, TN in spring 2020. The new 21,500-square-foot store will be located in The Tower Shops at The Mountain Mile shopping center. Read more
Stage Stores Inc., which is converting many of its banners to the Gordmans off-price concept, cut its losses in the third quarter as same-store expanded 17.4 percent. Read more
Marburger’s Sporting Goods in Seabrook, TX has closed its location to make way for the expansion of Hwy. 146. Read more
Macy’s Inc. reduced its annual profit forecast for the second time this year after reporting its first drop in same-store sales in two years. CEO Jeff Gennette said in a statement.“The sales deceleration was steeper than we expected.” Read more
Lululemon has opened a 19,700-square-foot “experiential” store at Mall of America. Modeled after its store in Chicago’s Lincoln Park neighborhood, the location includes studios for yoga and HIIT activities, a Fuel Bar and a gear trial program. Read more
Apex Global Brands announced this week that Hi-Tec Lifestyle made its North American debut. Read more
Planet Fitness Inc. on Wednesday announced that it has priced $550 million of Series 2019-1 Class A-2 Fixed Rate Senior Secured Notes the “Class A-2 Notes“, with an anticipated repayment term of 10 years and a fixed interest rate of 3.858 percent per annum, payable quarterly. Read more
Nike Inc. on Wednesday announced a strategic investment in and exclusive intellectual property licensing partnership with Handsfree Labs Inc., a pioneer in hands-free footwear technology. The terms of the investment were not disclosed. Read more
REI Co-op will open a new store in Billings, MT, in spring 2020. The new 22,000-square-foot space will be located at Shiloh Crossing and offer a specialty bike shop for maintenance and repairs. Read more
Motionwear LLC, an Indianapolis, IN-based maker of cheerleading uniforms and gymnastics and dance apparel, notified the State that it will shutter its Indianapolis operations and lay off 146 employees, according to a report by Inside Indiana Business. Read more
The RV Industry Association board of directors this week announced it had re-elected Garry Enyart as Chairman of the Board for the year 2020 during the group’s meeting on November 12 in Las Vegas, NV. Read more
RYU Apparel Inc. on Wednesday announced its brand is now available on Zappos.com, the customer service company that sells shoes, clothing and more. Read more
Target Corp. raised its earnings guidance for the year after reporting EPS from continuing operations reached $1.37 in the third quarter of 2019, up 18.2 percent from $1.16 in the third quarter of 2018. Comparable sales growth was 4.5 percent, and the discounter saw a 3.1 percent increase in comparable traffic. Read more
Urban Outfitters Inc. reported earnings slumped 28.2 percent in the third quarter to $55.7 million, or 56 cents, missing Wall Street’s consensus estimate by a penny. Read more
GameWorks, Inc., an esports and entertainment company with seven locations nationwide, forged a partnership with the High School Esports League (HSEL) — a varsity esports organization with over 60,000 participating students across more than 2,100 schools — to help fuel the adoption of esports throughout high schools nationwide. Read more
Eyecandylab, which specializes in creating interactive video-triggered augmented reality experiences, has developed a concept with Adidas that brings storytelling and immersive experience within a physical store to a new level. The project raises awareness of Adidas’ sustainably manufactured products made from recycled ocean plastic. Read more
About 1,500 ISO7X Isometric Exercise Devices sold at Burlington Stores are being recalled. According to a statement from the CPSC, the handle grips on each end can break during use and cause parts to be forcefully ejected from the shaft. Read more
Authentic Brands Group (ABG) and Electric Visual Evolution, LLC, a distributor of quality eyewear and snow goggles, announced a global partnership for Volcom. Through the agreement, Electric will design, develop, produce and distribute eyewear and snow goggles for the lifestyle brand. Read more
Macy’s Inc. on Tuesday said customer data may have been stolen from its website over a roughly one-week period in October. Read more
Ron Jon Surf Shop opened a 10,000-square-foot store at the Town Center at Disney Springs at Walt Disney World Resort. The location marks Ron Jon Surf Shop‘s 12th location in the U.S. Read more
Channel Signal’s Runner-to-Runner Report reveals the top issues facing buyers of running footwear included shoelaces, out-of-the-box comfort and the ability to add a custom orthotic. Read more
The outdoor industry has been hit hard by a tax “avalanche” as new tariff data from Outdoor Industry Association (OIA) indicates that American outdoor businesses have paid an additional $2.6 billion in punitive tariffs over last year, as the trade war with China goes on with no definitive end in sight. Read more
Winter4Kids at the National Winter Activity Center, the nation’s first and only fully dedicated youth winter sports facility, announced a partnership with U.S. Ski & Snowboard and the International Federation of Skiing (FIS) to host the first-NorAm Cup parallel event in the U.S. Read more
New Balance has signed San Antonio Spurs Guard Dejounte Murray to an endorsement deal with New Balance. Murray joins Kawhi Leonard of the Los Angeles Clippers and Oklahoma City Thunder Rookie, Darius Bazley. Read more
Mirror, which makes a reflective LCD display for following workouts at home, announced an expansion of its retail store fleet. Mirror will be adding locations at Westfield Century City in Los Angeles and Stanford Shopping Center in Stanford, CA to its existing location in the Flatiron District in New York City. Read more
Mendi, a women-owned sports recovery brand, closed its first round of financing, securing $800,000 from a varied network of investors including Oregon Sports Angels, professional athletes and sports medicine practitioners. Read more
Honey Stinger, the sports nutrition brand featuring honey, has appointed Mike Keown, a longtime veteran of the consumer packaged goods industry, as its new CEO. Read more
Lacrosse Unlimited, which operates 43 stores across twelve states, has collaborated with New York City-based streetwear brand Staple Pigeon on a limited-edition collection. Read more
Hyokyoung Lee from Institut Français de la Mode, France and Hope Kemp-Hanson from Savannah College of Art and Design, USA were announced the winners of the 2019 Adidas x Woolmark Performance Challenge, presented at a special event in Munich, Germany. Read more
The NFL Players Association (NFLPA), MLB Players Association (MLBPA) and RedBird Capital Partners on Monday launched OneTeam Partners LLC, a company to help athletes. Read more
Nordstrom Inc. on Monday announced the promotion of Shea Jensen to EVP & GMM, Women’s Apparel, supporting the women’s buying team. Read more
Major League Socks formerly known as Babsocks and the National Hockey League Players’ Association (NHLPA) on Monday announced that they have entered into a multi-year, non-exclusive licensing agreement that will see current NHL stars featured on the company’s popular line of socks. Read more
Pacific & Everest Lifestyle Company (PELC), a lifestyle holding group, on Monday announced the acquisition of the Poler Stuff brand assets, marking a signal for Poler’s re-emergence in the global marketplace as early as next month. Read more
Manchester United PLC reported that Retail, Merchandising, Apparel & Product Licensing revenue was £26.8 million in the first quarter ending September 30, an increase of 1.9 percent over the prior-year quarter. Adidas is Manchester’s kit sponsor. Read more
Twenty-eight percent of female soccer fans prefer the women’s game over the men’s game, while 26 percent prefer the men’s game, according to research from Gilt Edge Soccer Marketing, the soccer-specific brand marketing agency. Read more
Many female athletes encounter higher concussion rates than their male counterparts, according to two studies conducted by researchers at the Hospital for Special Surgery (HSS). Soccer and basketball saw significantly higher concussion incidence rates for female athletes. Read more
The Ironman Foundation, the non-profit associated with The Ironman Group, announced Rock This Town as the new charitable program for the Rock ‘n’ Roll Marathon Series. Read more
Indoor golf and entertainment venue Five Iron Golf opened its doors for business in Chicago’s River North neighborhood. Read more
Escalade Inc. announced that David L. Fetherman has informed the Escalade Board of Directors of his intent to retire from his position as the company’s president and CEO. Pending the hiring of his replacement, Fetherman has agreed to continue to serve as president and CEO through this transition period. Read more
Hylete Inc., an online seller of fitness apparel and gear based in San Diego, said it has postponed its previously announced initial public offering. Hylete will continue to evaluate the timing for the proposed offering as market conditions develop. Read more
Let’s Do This, an online marketplace for endurance sporting events announced a $15 million Series A round, led by the EQT Ventures with participation from existing investors NFX, Y Combinator, Richard Oldfield and Paddy Dear. Read more
Retailers are preparing for one of the busiest shopping weekends of the year with an estimated 165.3 million people likely to shop Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. Read more
Retail sales in October increased 0.2 percent seasonally adjusted over September and were up 4.2 percent unadjusted year-over-year, the National Retail Federation said. Read more
Walmart Inc. appointed Kath McLay as president and CEO of Sam’s Club. Read more
Eddie Bauer announced the addition of two highly accomplished mountain guides, Angela Hawse and Carla Perez, to its world-class guide and athlete team. Read more
The Michaels Companies Inc., the arts and crafts retail chain, appointed Vidya Jwala as chief customer officer CCO. Jwala was Dick’s Sporting Goods’ chief e-commerce and supply chain officer from August 2018 to November 2019. Read more
Zappos.com announced Goods for Good, a new purpose-driven customer experience that makes it easier and more convenient to shop over 150 eco and socially conscious brands. Read more
The family of Gert Boyle, former chair of Columbia Sportswear Company, will host a Celebration of Life in her honor on December 5, 2019. The event will be held at Veterans Memorial Coliseum in Portland, OR. Read more
Dick’s Sporting Goods Inc. announced that Anne Fink, president, global foodservice for PepsiCo, has been named to its Board of Directors. Read more
Nike Inc. announced that Thasunda Brown Duckett, CEO of Chase Consumer Banking, has been appointed to the company’s Board of Directors. Duckett represents the fourth woman on Nike’s current 14-member board. Read more
Salt Lake City, UT-based ski maker DPS has announced some changes to its global sales team, including the addition of Norway distributor Roxee Sport AS and regional sales representatives Sasso Vertical Sales in Western Canada and Heimo Baer in Austria. Read more
Photo courtesy Burton
