Lands’ End Appoints Band of New Leadership
Lands’ End appointed several new leadership roles across the company, led with the promotion of Becky Gebhardt to executive vice president and chief marketing officer.
Amer Sports Releases Second Corporate Responsibility Report
Amer Sports, which owns the Salomon, Wilson, Atomic, Arc’teryx, Suunto, Precor, Louisville Slugger and other sporting goods brands, released its second annual corporate responsibility report summing up initiatives and results taken in 2015.
Top Golfer Withdraws from Rio Olympics as Sport Returns After 112-Year Absence
Professional golfer Rory McIlroy issued a statement saying he will not participate in the 2016 Rio Olympics, citing the Zika scare as his reason for withdrawing.
Tecnica Group USA to Make a Switch at CEO
Tecnica Group USA announced that Chris Licata will succeed Peter Weaver as CEO following Weaver’s retirement, effective September 6, 2016.
SOAS Racing Expands From Tri to Gym
SOAS Racing, women’s specific sports and lifestyle apparel originally inspired by female tri athletes, made a bigger push into the fitness realm with an “In The Gym” collection of workout wear.
Adidas Signs Five Top Picks in 2016 NBA Draft
Adidas signed five of the projected top picks in the upcoming NBA draft. The players are: Brandon Ingram, Jaylen Brown, Jamal Murray, Dragan Bender and Kris Dunn.
Golden Gate Capital On Course to Take Control of PacSun
With no additional bids for the business, Pacific Sunwear of California, Inc. (PacSun) cancelled its scheduled June 22 auction, paving the way for Golden Gate Capital to take ownership of the company.
Amid Bankruptcies, Brands Flock Toward Specialty at Grassroots Show
With an expected excess of inventory to hit the active-lifestyle market following several high-profile, big-box retail bankruptcies in the space, brands at the Spring Grassroots Outdoor Alliance Show in Albuquerque, NM (June 13-17) were doubling down on their partnerships with these smaller, but more influential group of retailers.
RYU Apparel Announces Third Canadian Store
RYU Apparel Inc. opened its third Canadian store. The third store location is in West Vancouver at the newly renovated Park Royal South and is expected to open in Fall 2016. The 3,967 square foot retail space will be designed by award-winning architect Tony Robins with the same industrial, yet modern aesthetic look as RYU’s […]
Under Armour Sets Final Ratio For Class C Stock Dividend
Under Armour Inc. announced the final distribution ratio for its upcoming $59 million dividend to holders of the company’s Class C non-voting common stock in satisfaction of the previously announced settlement agreement.
Senate Passes Defense Bill With Amendment On Made-In-America Athletic Shoes
The U.S. Senate passed a defense bill with language requiring the Pentagon to buy US-made athletic shoes for military recruits. The legislation is expected to offer a big benefit to New Balance.
Adidas Sees Double-Digit Jump in Soccer in 2016
Adidas announced that its global football (soccer) business is expected to reach new record sales of €2.5 billion in 2016, representing a 13.6 percent gain over €2.2 billion in 2015.
The Finish Line Youth Foundation Grants More Than $190,000
The Finish Line Youth Foundation Grants More Than $190,000
Lululemon Has Cajones
Lululemon shocked the airwaves with its “ABC Gear,” a new, ballsy category targeted at the male consumer.
Reebok-CCM Donates to Residents Affected by Fort McMurray Fire
Reebok-CCM Hockey, a subsidiary of the Adidas Group headquartered in Montreal, has pledged more than $2000,000 worth of hockey equipment to those affected by the fires in Fort McMurray.
