REI Co-Op To Open First Store In Oklahoma In Fall 2019
REI Co-op is opening its first location in the state of Oklahoma, bringing a wide assortment of quality gear and expertise for the region’s most popular activities to Oklahoma City in fall 2019.
Inaugural Adidas x Woolmark Performance Challenge Winner Announced
Alicia Ferreira de Sousa from L’École de la Maille de Paris was named winner of the inaugural adidas x Woolmark Performance Challenge, presented at a special event during Outdoor Retailer Winter Market, Denver, CO.
Amazon Selects New York City And Northern Virginia For New Headquarters
Amazon announced that it has selected New York City and Arlington, VA as the locations for the company’s new headquarters. Amazon will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations, with more than 25,000 employees each in New York City and Arlington.
Roth Capital Partners Releases 2018-2019 Millennial Survey
Investment bank Roth Capital Partners has released the company’s 2018-2019 Millennial Survey, its seventh annual proprietary survey examining current trends, spending patterns and favorite brands across five consumer categories including dining and restaurants; healthy food, beverage and snacking; fitness and wellness; infant, juvenile and pet; and, fashion, personal care and décor.
New Iconix CEO Seeks More Global Approach
Noting that the majority of the company’s 29 brands “have more mindshare than closet share,” Bob Galvin in his first conference call as president and CEO of Iconix Brand Group Inc. promised to push collaboration among licensing partners in a more unified approach. Unfortunately, a bad debt charge from Sears’ bankruptcy stalled progress in the latest quarter.
Nike NYC To Debut In November
In a blog entry discussing the importance of brick & mortar stores in connecting with consumers, Heidi O’Neill, president of Nike Direct, said the new Nike NYC flagship will be opening in New York City this month.
Décathlon To Open First Store In Downtown Montreal
Ivanhoé Cambridge and Décathlon announced that Montreal’s first-ever Décathlon store will open in the Montreal Eaton Centre.
Pac-12 And Nike Set Multi-Year Partnership
The Pac-12 Conference announced a multi-year partnership with Nike to make Nike the official athletic apparel partner and athletic footwear partner of the Conference and all Pac-12 championship events, including the Pac-12 Football Championship Game and both the Pac-12 Men’s and Women’s Basketball Tournaments.
Champion To Partner With RMU Esports Program
Robert Morris University-Illinois Associate Director of Esports, Jose Espin, announced an exclusive sponsorship agreement with Champion, a Hanesbrands subsidiary, making the North Carolina-based company the official apparel sponsor for the Eagles 2019-20 competition season.
Nike And Adidas Among Top Singles Day Sellers
Singles Day, essentially China’s Black Friday, on Sunday again broke records as Alibaba racked up more than $30.8 billion in the 24-hour shopping event, up nearly 27 percent year-on-year. Nike and Adidas were among the 237 brands seeing more than RMB100 million ($14.4 million) in sales for Alibaba on the day.
4 Hot Topics From Outdoor Retailer Winter Market
Exhibitors and retailers offered mixed reviews of last week’s Outdoor Retailer Winter Market—the first in November and first in Denver—with the majority of companies that SGB interviewed saying they lamented the show’s lack of attendees and overall dearth of energy but lauded the show’s new date.
Mizuno’s Americas Region Returns To Profitability In Six Months
Mizuno Corp. reported that sales in the Americas dropped 16 percent in the second quarter ended September 30 but the region returned to the black in the six months.
Mizuno’s Profits Slide In Half
Mizuno Corp. operating profits declined 9.5 percent in the first half ended September 30 as a slight improvement in gross margins couldn’t offset the drag from a 5.3 percent in sales. The Americas region returned to profitability.
Report: Adidas North America Hears Calls For Diversity
Employees at Adidas’ North American headquarters in Portland, OR are openly expressing frustration about the lack of opportunities for minorities, particularly African-Americans, at the firm, according to an article from Footwear News.
Rabbit Sends Five More Athletes To 2020 Olympic Marathon Trials
Rabbit, the running apparel brand based in Santa Barbara, is sending five sponsored athletes to the 2020 Olympic Marathon Trials.
