HanesBrands Appoints Board Member
HanesBrands announced that financial executive Cheryl K. Beebe has been appointed to the company’s Board of Directors.
Brooks And Vaude Sign The Climate Pledge
Brooks Running and Vaude have each signed The Climate Pledge, a commitment to be net-zero carbon by 2040, a decade ahead of the Paris Agreement’s goal of 2050.
Tennis Industry Shows Growth In The Face Of COVID-19
The USTA announced that recent data and information surrounding racquet sales and participation have shown that the tennis industry has shown strength amid the pandemic.
REI Elevates Product Standards To Fight Climate Change And Advance Equity
REI is upgrading product standards in partnership with its more than 1,000 brand partners to advance more sustainable and inclusive business practices. The co-up is also committing that, by 2030, all products on its shelves will have a preferred attribute so that every purchase at REI supports a healthier, cleaner, more equitable planet.
Academy Sports Adds Board Member
Academy Sports and Outdoors Inc. announced the appointment of Wendy A. Beck to its Board of Directors, effective today. Beck joins Allen I. Questrom and Jeffrey C. Tweedy, who were appointed to Academy’s Board on October 1 in connection with Academy’s initial public offering, as recent independent director additions to the Board.
NPD Reports: Sports Equipment Sales Surge In Third Quarter
According to NPD Group, categories tied to the outdoors as well as home fitness equipment continue to post double-digit gains in the third quarter.
TJX Announces 13 Percent Increase In Dividend
The TJX Companies Inc. announced the declaration of a quarterly dividend on its common stock of 26 cents per share payable March 4, 2021, to shareholders of record on February 11, 2021.
Jordan Brand Partners With UCLA
UCLA announced a six-year partnership that makes Nike’s Jordan Brand the official athletic footwear, apparel and equipment provider for the Bruins’ football and basketball programs. The change comes after Under Armour announced in June that it was ending its contract with the school.
Brookwood Companies Announces CEO Transition
Brookwood Companies, Inc., a wholly-owned subsidiary of the Hallwood Group, LLC, announced that its CEO, Amber M. Brookman will be leaving the company effective January 1, 2021. Frank Montie, who currently serves as executive vice president, will assume the role of CEO.
USA Cycling Announces New Board Members And Bylaws
USA Cycling Board of Directors welcomed four new board members to elevate USA Cycling’s impact beyond the sport.
G-III Apparel Q3 Sales Slump 27 Percent
G-III Apparel Group, Ltd. reported earnings declined 33.8 percent in the third quarter as sales retreated 26.7 percent.
The Buckle Sets Special Dividend
The Buckle Inc. announced that at its quarterly meeting of the Board of Directors, held on December 7, 2020, the Board authorized a $2.00 per share special cash dividend to be paid to shareholders of record at the close of business on December 21.
Moncler To Acquire Stone Island
Moncler SpA agreed to buy Stone Island, a rival maker of men’s luxury sportswear, for €1.15 billion ($1.4 billion) in cash and shares.
Fanatics Acquires WinCraft
Fanatics announced the acquisition of WinCraft, a licensed sports manufacturer in the hardgoods categories. With the move, Fanatics now adds hardgoods and non-apparel to its vertical commerce business and setting up a hardgoods center in Winona, MN.
JCPenney Emerges From Bankruptcy
JCPenney emerged from Chapter 11 bankruptcy on Monday in a deal that leaves Simon Property Group and Brookfield Asset Management Inc as the owners and operators of the department store chain.
