Nike Inc. Appoints John Rogers To Board
Nike Inc. announced John W. Rogers, Jr. has been appointed to the company’s board of directors. Rogers, 60, is founder, chairman, CEO and chief investment officer of Ariel Investments LLC.
Urban Outfitters Beats Earnings & Sales Expectations
Urban Outfitters Inc. on Monday announced net income of $78 million and $212 million for the three and nine months ended October 31, 2018, respectively. Earnings per diluted share were 70 cents—beating estimates by 7 cents—and $1.92 for the three and nine months ended October 31, 2018, respectively.
OBIT: James Laux, Laux Sporting Goods
James Laux, the former president of Laux Sporting Goods with two stores in Western New York, has passed away at the age of 90, according to The Buffalo News.
The North Face Announces Giving Back Initiatives
As the temperatures drop across the U.S., The North Face is ramping up how it gives back to its community of explorers in two major ways—the Explore Fund and a $250,000 Move Mountains grant created in memory of a long-time leader at The North Face, Ann Krcik.
Recovery The Theme At NYC Marathon Expo
Products supporting recovery for runners dominated many of the offerings at the recent NYC Marathon Expo but an overall message of recovery for the industry was also heard from attending exhibitors. Said Luke Rowe, SVP at CEP, “The bottom was hit and they’re bouncing back.”
Fanatics, Ticketmaster Team Up To Integrate Game Tickets And Sports Merchandise
Fanatics, the global leader in licensed sports merchandise, and Ticketmaster, the global leader in ticketing, on Monday announced a long-term, industry-first partnership that will integrate official verified tickets and official licensed merchandise in the fan shopping experience of both sites.
Nordstrom, Macy’s Stand Out In Disparate Q3 For Department Stores
Department stores are a mixed bag heading into Black Friday and the 2018 Holiday Season, as companies like Nordstrom Inc. and Macy’s raised guidance with hopes of closing out the year on strong footing while J.C. Penney and Dillard’s continued looking for ways to keep from stumbling.
Columbia Appoints Troy Sicotte As Mountain Hardwear VP Of Sales
Columbia Sportswear Co. on Monday announced the appointment of Troy Sicotte to serve as vice president of sales, North America for the Mountain Hardwear brand, effective October 22, 2018.
RYU Opens Flagship NYC Store
RYU Apparel is opening a store in Brooklyn’s Williamsburg section. The Vancouver-based fitness apparel firm has one other U.S. store in Venice, CA and will soon open another in Newport Beach, CA.
Hanesbrands Signs Lease For North Carolina Distribution Center
Hanesbrands, the parent of Champion and Gear For Sports, signed a lease at a distribution center in High Point, NC to support its Champion brand, according to the Triad Business Journal.
Woolrich Closing Woolen Mill In Woolrich, PA
Woolrich Inc. announced that it will be closing the Woolen Mill in Woolrich, PA. The fabric manufacturing operations will cease by the end of the year and will affect up to 40 employees in the mill.
Converse Signs Washington Wizards Forward
Converse has signed Kelly Oubre Jr., forward for the Washington Wizards, to a multi-year footwear and apparel endorsement deal. Oubre is expected to wear Nike footwear on court and Converse footwear and apparel casually.
Stephen Curry And Alex Morgan Join PGA Jr. League Ambassador Team
Golden State Warriors All-Star and two-time NBA MVP Steph Curry and Olympic Gold Medalist and FIFA Women’s World Cup Champion Alex Morgan have been named the newest PGA Jr. league ambassadors.
Boxercraft Announces Winner Of 2018 Pancreatic Cancer Scholarship
Boxercraft announced the winner of its annual Fight Against Pancreatic Cancer Scholarship essay contest.
Champion Opens Boston Store
Champion Athleticwear is continuing to expand its retail footprint with its first location in Boston and its fourth U.S. retail specialty store overall.
