Sports Direct Makes Play for Kitbag
Sports Direct International PLC has acquired an 18.9 percent stake in Findel PLC, owner of Kitbag, a money losing seller of replica soccer kits and other sports merchandise that also manages retail operations for major soccer clubs…
Chrome Industries to Kick Off 20th Anniversary at NYC Store
Chrome Industries will kick off a seven city tour celebrating its 20th anniversary at its New York City Chrome Hub location Oct. 7…
Academy Sports Names J.K. Symancyk President and CEO
Academy Sports + Outdoors named James Kevin (J.K.) Symancyk, 43, as president and CEO. He will join Academy November 2 after several years serving as president at Meijer Inc., where he led the multi-billion Midwestern superstore's daily operations…
Vail Resorts E-commerce Exit Boosted FY15 Retail Margins
Gross margins improved 190 basis points at Vail Resorts Inc. Retail/Rental operation in the year ended July 31 thanks largely to its decision to shutter an e-commerce platform in that was dragging down margins…
Petzl Taps Verde Brand Communications as North American Agency
Petzl named Verde Brand Communications as its North American agency of record for brand communications. Petzl tapped Verde to grow its Sport and Professional brand divisions and increase product awareness in trade, endemic, and broad markets…
Old Navy’s President Departs
Gap Inc. announced Stefan Larsson will step down as global president of Old Navy. Jill Stanton, EVP of global product at Old Navy, will lead the division in the interim…
Fung Group Unveils Omnichannel Test Lab in Shanghai
Fung Group unveiled a retail laboratory it has developed in Shanghai with IBM and a brand activation company to help global brands test omnichannel techniques in one of the world's most tech-savvy cities…
Landlords Expected to Start Adjusting Rents for In-Store Pickups
Landlords will develop new formulas for calculating rent in the next five years that could take into account the number of online orders picked up in a store, according to a report released by the International Council of Shopping Centers…
Quick Release Issue Prompts 17 Brands to Recall 1.3 Million Bikes
The country's major specialty bike vendors recalled about 1.3 million bicycles sold under 17 brands in the United States since 1998 after concluding they use quick releases that can become entangled in the bike's front disc brake rotor when impr
Nike Won’t Renew Texas Contract Before Deadline
Nike Inc. doesn't plan to renew its apparel contract with the University of Texas before its exclusive negotiating window closes on Oct. 1, according to a report from Bloomberg…
Columbia Appoints SVP and Chief Human Resource Officer
Columbia Sportswear Company appointed Richelle T. Luther to serve as senior vice president and chief human resource officer. Luther has served as the company’s deputy general counsel since 2008…
Canadian Tire Supports Jumpstart Games
Canadian Tire, the parent of Sports Chek, celebrated helping one million children across Canada participate in organized sport and physical activity…
Vail Resorts Retail/Rental Sales Up 3.2 Percent in Fiscal 2015
Vail Resorts Inc. reported retail/rental revenue increased 3.2 percent in the fiscal year ended July 31, or well below the pace of overall Mountain segment revenue growth during the period…
Sport Climbing, Action Sports, Baseball Make Short List for 2020 Olympics
The Tokyo organizing committee recommended five additional sports – baseball/softball, surfing, skateboarding, karate and sports climbing – for the 2020 Tokyo Olympics. Bowling, squash and wushu failed to make the cut from among eight finalists…
ITF Elects Americas as First New President
The ITF, which is the world governing body of tennis and beach tennis and manages the Olympic Tennis Event, elected American David Haggerty as its first new president in 16 years on Friday…
