New Era Supports Local Communities On Draft Day
At New Era Cap headquarters in downtown Buffalo on April 29, Big Brothers Big Sisters of Erie County and Buffalo Bills legend Steve Tasker announced the team’s selections for rounds five and six.
Aisle Talk, Week Of April 24
Top headlines from the active lifestyle industry you may have missed this week.
Columbia Sportswear Trims Sales Guidance On Retail’s Closures
“The slight reduction in top-line expectations primarily reflects the incremental bankruptcies, liquidations and store closures that we’ve become aware of, as well as a more cautious posture adopted by our U.S. wholesale customers since February,” said CEO Tim Boyle on a conference call with analysts.
Kit And Ace To Close All U.S. Stores
Kit and Ace, founded in 2105 for Lululemon founder Chip Wilson is closing all 32 stores located outside Canada and laying off staff at its Vancouver head office.
Nike Partners With Penn Relays
Nike becomes the exclusive athletic footwear and apparel supplier and sponsor of the Penn Relays through the 2020 Olympiad.
VF Corp. Q1 Earnings Dip
VF Corp. reported first-quarter earnings were down slightly due to a sales dip and currency headwinds but VF said results were in line with expectations and its growth platforms performed well. On currency-neutral basis, The North Face’s sales grew 8 percent in the quarter while Vans rose 6 percent.
Altra Partners With Utah State University
Utah State University’s Outdoor Product Design and Development (OPDD) program announces a partnership with Altra Footwear, the running footwear brand known for its unique FootShape toe box and Zero Drop running shoes.
Columbia Sportswear’s Q1 Earnings Climb 14 Percent
Columbia Sportswear Co. reported earnings rose 13.6 percent to $36 million, or 51 cents a share, from $31.8 million, or 45 cents, a year ago, but the company slightly scaled back its earnings and sales guidance for 2017.
Polartec To Auction Off Boston-Area Manufacturing Plant
The manufacturing of Polartec fleece at the nearly 600,000-square-foot plant ended last year, when Polartec LLC laid off more than 200 employees and moved operations to Tennessee.
Under Armour’s Shares Jump As Q1 Loss Less Than Feared
Shares of Under Armour rose $1.68, or 9.3 percent to $19.82 on Wednesday after the company posted a loss that was lower than Wall Street expected. Officials kept its guidance for the year but indicated that its category management initiatives are making progress.
Amer Sports Q1 Net Slides On Weakness In Outdoor And Ball Sports
Earnings were impacted by lower margins in its Outdoor segment and reduced sales in its Ball Sports segment.
Outerknown Named WSL Championship Tour Title Sponsor
The three-year partnership includes both men’s and women’s competitions at the OK Fiji Pro, which runs this season from May 28 through June 16.
Ortovox Hires Greg Mears As Sales Assistant
A 17-year veteran of the outdoor industry with roots in specialty outdoor retail, Mears has worked as a ski tech, sales associate, ski buyer and general manager.
Mountain Khakis Hell Yeah Tour Heads To Charlotte
On May 10, Charlotte residents are invited to join Mountain Khakis and Tarheel Trailblazers to restore the “Backyard Trail,” Charlotte’s original mountain bike trail.
Champs Launches ‘The Moment’ Starring Julio Jones And MIGOS
Following two earlier collaborations between athletes and artists, the third episode spotlights Jones as he lives in his “moment” standing at the top of his sport.
