Pocket Outdoor Media Acquires Bicycle Retailer From Emerald Expositions
Pocket Outdoor Media, best known for publishing VeloNews, has acquired Bicycle Retailer & Industry News from Emerald Expositions. As part of the transaction, Bicycle Retailer & Industry News will no longer be published by the National Bicycle Dealers Association.
Golf Rounds Played Declines 4.8 Percent For 2018
According to Golf Datatech, golf rounds played in the U.S dropped 7.7 percent in December year-over-year while ending up down 4.8 percent for the year.
Invista Completes Sale Of Apparel & Advanced Textiles Business
Invista has completed the previously announced sale of its Apparel & Advanced Textiles business to an affiliate of Shandong Ruyi Investment Holding.
Neiman Marcus’ Chief Merchandising Officer To Resign
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective March 15.
Descente’s Profits Slide In Nine Months
Descente Ltd. reported net earnings slid 26.2 percent in the nine months through December 31 as sales increased 2.0 percent.
Moody’s Lowers Academy’s Debt Ratings Again
Moody’s Investors Service downgraded Academy’s debt for the second time since September 2018. The downgrades reflect Moody’s expectations for continued weak earnings and credit metrics in the near term, driven by a challenging operating environment, the transition of the company’s merchandising assortment, margin pressure from the mix shift to e-commerce and investments needed to improve the store and digital experience.
SHOT Show Review: Political Headwinds Cloud Future For Firearms Industry
The 41st SHOT Show saw a record number of exhibitors amid signs in recent quarters that the firearms industry may finally be stabilizing. But the industry remains only cautiously optimistic that growth can resume in 2019 with political battles likely to intensify heading into the 2020 presidential election.
Unifi Announces Recipients Of 2nd Annual Repreve Champions Of Sustainability Awards
Unifi Inc. announced its second annual Champions of Sustainability awards.This year, a total of 68 companies are being recognized as Champions of Sustainability – a 36 percent increase from last year’s total. With their help, Unifi said it has now recycled more than 14 billion bottles that are used to make its Repreve performance fiber.
Nike Opens SNKRS Pop-Up Shop In Atlanta
Nike opened its first city-inspired SNKRS pop-up shop in Atlanta on 10th Street NW as well as a separate “Studio of Dreams” Super Bowl Content Studio nearby.
Polartec Commits To 100 Percent Recycled Materials And Biodegradability
Polartec, the producer of innovative and sustainable textile solutions, introduced its Eco-Engineering initiative to use recycled and biodegradable materials across its entire product line.
NPD To Acquire Assets Relating To SportsOneSource POS Sports And Outdoor Tracking Business
The NPD Group has signed an agreement with SportsOneSource, LLC (SOS) to acquire assets relating to the company’s SSI Data POS Sports and Outdoor tracking business. SportsOneSource will continue to support the active lifestyle market through its SGB Media publishing properties, including SGB Update, SGB Executive and SGB Today.
JD Sports Sees Revenue Gains Through 48 Weeks
JD Sports reported same-store sales in the 48 weeks ended January 5 were up 5 percent.
Iconix Appoints CFO
Iconix Brand Group, Inc. appointed John T. McClain as the company’s executive vice president and chief financial officer, effective February 11.
New Balance Launches Female-Led Running Campaign
New Balance released an “In Pursuit” campaign promoting its Fresh Foam cushioning line and celebrating female athletes and their ability to exceed goals.
Fanatics And Nike Increase Domination of Sports Licensing
With deals with Wal-Mart and Major League Baseball (MLB) respectively, Fanatics and Nike continue to take bigger chunks of the fan apparel pie.
