Amer Sports’ Duran Departs to Become CEO at Intersport
Amer Sports said Victor Duran, its senior vice president of marketing and business-to-consumer and a member of its executive board, has resigned in advance of assuming the CEO role at Intersport International Corporation Jan. 1, 2017.
Cabela’s Presents Vendor of the Year Awards
Cabela’s Inc. honored four of its suppliers: Vortex Optics, Benelli USA, St. Croix Rod Company and Sitka Gear.
TJX’s Q1 Tops Street Estimates
The TJX Cos. Inc., which owns T.J. Maxx, Marshalls and Sierra Trading Post, reported first-quarter earnings rose 7.1 percent to $508.3 million, or 76 cents a share, easily exceeding Wall Street’s consensus estimate of 71 cents.
Genesco Picks Baxter to Head Lids Sports Group
Genesco Inc. appointed David Baxter president and chief executive officer of its Lids Sports Group and senior vice president of Genesco, effective June 1, 2016.
Newell Brands to Establish Global HQ in New Jersey
Newell Brands Inc. (NYSE: NWL), which closed its acquisition of Jarden Corp. and its $2.74-billion-a-year sporting goods segment last month, will establish a new global headquarters in Hoboken, N.J. after securing $27 million in economic incentives from the state.
76ers Sell First NBA Jersey Ad
The Philadelphia 76ers sold their first jersey patch sponsorship to StubHub, marking the first time a major professional sports league in the United States has sold advertising on its uniform.
Sports Authority Lenders Lose Appeal of Consignment Sales Ruling
Sports Authority’s Chapter 11 term lenders lost an appeal for an emergency injunction that would have escrowed the bankrupt retailer’s receipts from supplier’s consignment sales.
Nordstrom’s Q1 Comps Slump
Nordstrom reported a drop in first-quarter same-store sales and cut profit expectations for the year.
Point 3 Reaches Partnership With New York Knicks
Point 3 Basketball has reached a partnership to outfit all participants for the 25th anniversary of Knicks Summer Basketball Camps.
Champs Sports Opens Second Armoury In-Store Shop
Champs Sports launched its second store, The Armoury by Champ Sports, featuring Under Armour product. The Armoury At Champs Sports — which debuted at The Mall in Columbia (MD) last fall — is now open at its second location in the U.S. at Galleria Dallas in Dallas, TX. Beyond a wide collection of footwear, apparel […]
Big 5’s Q1 Stung by Retail Bankruptcies
Big 5 Sporting Goods reported going-out-of-business sales at Sports Authority and Sport Chalet caused its first quarter earnings to come in on the low side.
Sports Direct Pledges to Pay Minimum Wage in 2016
Sports Direct International plc pledged to pay its directly employed UK employees and directly engaged casual workers above the National Minimum Wage starting Jan. 1, 2016. The U.K.’s largest sporting goods retailer estimated the cost in relation to these direct employees and casual workers and other related costs and knock on costs are likely to […]
Asics to Sponsor International Volleyball Association
Asics reached a five-year global sponsorship agreement with the Federal International Volleyball Association. The new partnership, which will commence on Jan. 1, 2016 and end Dec. 31, 2020, will involve Asics supplying…
Revo Debuts Campaign with Bono
Revo debuted a new capsule collection of sunglasses in collaboration with U2 lead singer and activist Bono as part of the “Buy Vision, Give Sight” campaign to prevent vision impairment and blindness…
Intersport Austria Reports Fiscal 2015 Sales
Intersport Austria, which provides buying, marketing, supply chain and other services to all Intersport branded stores operating in Austria, Slovakia, the Czech Republic and Hungary, reported sales increased 6.5 percent in the fiscal year ended Sept. 30,
